A.M. Best Co.
A.M. Best Withdraws Ratings of Concord Heritage Life Insurance Company, Inc.
Published in Hospital Business Week, January 25th, 2009
A.M. Best Co. has withdrawn the financial strength rating (FSR) of B++ (Good) and issuer credit rating (ICR) of “bbb+” of Concord Heritage Life Insurance Company, Inc. (Concord Heritage) (Concord, NH) and assigned an NR-5 (Not Formally Followed) to the FSR and a “nr” to the ICR following its acquisition by Unified Life Insurance Company (Unified Life) (Dallas, TX) from Allstate Corporation (Northbrook, IL). The FSR of B++ (Good) and ICR of “bbb+” of Unified Life are unchanged by this acquisition. Concord Heritage will be merged into Unified Life following regulatory approval, which should be received shortly.
Concord Heritage, with net premiums written of nearly $7.9...
Want to see the full article?
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Hospital Business Week
More Articles from Hospital Business Week
- A.M. Best Co.
A.M. Best Downgrades Ratings of Penn Treaty Network America Insurance Company and Penn Treaty American Corporation - AAA Minnesota/Iowa
AAA Minnesota/Iowa & Safe Kids Minnesota Support Enhanced Child Restraint Legislation "The Brynn Duncan Law" - Achaogen
Achaogen Receives £4.1 Million Award from the Wellcome Trust to Advance Its Neoglycosides Portfolio - Advantage Capital Partners
New Markets Development Program Brings Renovations, Equipment to Bastrop, Louisiana Hospital - AHCC Research Association
Study Demonstrates that AHCC(R) Enhances Immune System by Increasing the Production of Key Dendritic Cells - Alliance Seating & Mobility
Veteran Rehab Specialist, Tom Hedges, Cites Commitment and Professionalism at Alliance Seating & Mobility - More from this issue of Hospital Business Week
NewsRx is Social
Follow us on your favorite social network by clicking on a button below:
Top Medical Newsletters
Awards
Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005
Facts & Stats
NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.
- Google 2010 PageRank: #2 Among Top Health News and Media Publications
- Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
- Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
- Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry
