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Press release content from Globe Newswire. The AP news staff was not involved in its creation. Denver Area Family Avoids $513,910 Mortgage Fraud Scam Canyon TitleApril 13, 2021 GMT DENVER, April 13, 2021 (GLOBE NEWSWIRE) Canyon Title Inc, a Boston National Company, announced today they will be co-hosting a webinar with fraud prevention expert Tom Cronkright, CEO of CertifID. The webinar, ” To Catch A Fraudster,” is scheduled for April 14th at 11 a.m. Eastern/9 a.m. Mountain. On February 21st, 2021, a local Greenwood Village family was refinancing their home. The fraudster sent instructions to wire the payoff of $513,910.57 to a Wells Fargo account by posing as a lender who sent fraudulent wiring instructions from the loan servicing company. The good news is by collaborating with the Secret Service and the FBI, the accounts were frozen, and the monies were recovered. Register for this webinar to gain insight into how criminals use phishing scams to compromise email accounts and steal wire transfers. This session will also review ways to avoid these types of scams.
Press release content from Business Wire. The AP news staff was not involved in its creation. Seibels Completes Guidewire Implementation for Gulfstream Insurance in Florida March 11, 2021 GMT COLUMBIA, S.C. (BUSINESS WIRE) Mar 11, 2021 Seibels is pleased to announce another successful implementation for its client, Gulfstream Property and Casualty Insurance Company, as their latest deployment went live on March 1, 2021. A Guidewire Preferred BPO Provider, Seibels launched Guidewire for policy administration, billing, and digital engagement, positioning Gulfstream to offer their agents and policyholders an enhanced user experience built on world-class technology. “My experience with the Seibels team and their deployment of Guidewire for our Florida insureds has been one of the most collaborative and team-oriented projects I’ve ever worked on,” said
Press release content from Business Wire. The AP news staff was not involved in its creation. AM Best Revises Outlooks to Stable for Argo Group International Holdings, Ltd. and Its Subsidiaries; Affirms Credit Ratings March 12, 2021 GMT OLDWICK, N.J. (BUSINESS WIRE) Mar 12, 2021 AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Argo Re Ltd. (Argo Re) (Pembroke, Bermuda) and its subsidiaries. AM Best also has revised the outlooks to stable from negative and affirmed the Long-Term ICR of “bbb-” and the Long-Term Issue Credit Ratings (Long-Term IR) of the parent, Argo Group International Holdings, Ltd. (Argo Group) (Pembroke, Bermuda) [NYSE: ARGO]. Additionally, AM Best has revised the outlooks to stable from negative and affirmed the Long-Term ICR of “bbb-” and the Long-Term IR of Argo Group US, Inc. (Argo US) (headquartered in San Antonio, TX). Argo US’ senior unsecured notes are fully and unconditionally guaranteed by Argo Group. (See below for a detailed listing of the companies and ratings.)
Press release content from Globe Newswire. The AP news staff was not involved in its creation. FedNat Holding Company Reports Fourth Quarter and Full Year 2020 Results FedNat Holding CompanyMarch 2, 2021 GMT SUNRISE, Fla., March 02, 2021 (GLOBE NEWSWIRE) FedNat Holding Company (the “Company”) (Nasdaq: FNHC) today reported results for the three and twelve months ended December 31, 2020. Q4 2020 highlights (as measured against the same three-month period last year, except where noted): Net loss of $32.9 million or $2.40 per diluted share Adjusted operating loss of $26.9 million or $1.96 per diluted share. $31.1 million, pre-tax, net of recoveries, of claims related to Hurricanes Delta, Zeta and Eta, which together impacted portions of Texas, Florida, Louisiana and Alabama, as previously communicated.