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AM Best Affirms Credit Ratings of Assurant, Inc. and Certain Subsidiaries


AM Best Affirms Credit Ratings of Assurant, Inc. and Certain Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long Term ICR) of a+ (Excellent) of the U.S. property/casualty (P/C) subsidiaries of Assurant, Inc. (Assurant) (headquartered in New York, NY) [NYSE: AIZ]. These companies are collectively referred to as Assurant P&C Group (Assurant P&C). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long Term ICRs of a- (Excellent) of the core credit and life/health (L/H) subsidiaries of Assurant: American Bankers Life Assurant Company of Florida (Miami, FL) and Caribbean American Life Assurance Company (San Juan, Puerto Rico). AM Best also has affirmed the Long-Term ICR of bbb+ (Good) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of Assurant. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed list of the companie ....

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Case activity for Bankers Insurance Company vs Metropolitan Gastroenterology Associates, Inc. on April 27


Metropolitan Gastroenterology Associates, Inc. on April 27.
Complaint Against All Defendants (filing Fee $ 402 Receipt Number Alaedc-8834131) Filed By Bankers Insurance Company. (attachments: # 1 Exhibit A)attorney David Ira Bordelon Added To Party Bankers Insurance Company(pty:pla).(bordelon, David)
Initial Case Assignment To Judge Carl Barbier And Magistrate Judge Donna Phillips Currault. (aj)
Civil Cover Sheet Submitted (bordelon, David)
Summons Submitted For Issuance (bordelon, David) (main Document 4 Replaced On 4/27/2021) (bm).
Summons Submitted For Issuance (bordelon, David) (main Document 5 Replaced On 4/27/2021) (bm).
Summons Submitted For Issuance (bordelon, David) (main Document 6 Replaced On 4/27/2021) (bm).
Summons Issued As To Kelli McDermott, Metropolitan Gastroenterology Associates, Inc., Faith Riggins. (attachments: #1 Summons, # 2 Summons)(bm) ....

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Strength Through the Storms and Through the Years - Demotech Rated Carriers


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COLUMBUS, Ohio, March 5, 2021 /PRNewswire/  Given the impact of the extraordinary number of natural disasters that occurred in 2017, Demotech commissioned a special issue of The Demotech Difference to recognize the impact of disasters on the insurance industry and on the nation.  Published in 2018, Strength Through the Storm was about promises made and promises kept, including the strength of Demotech-rated carriers that protect communities.  If you did not receive a hard copy, an electronic copy can be found at: www.demotech.com/pdfs/demotech difference/flexpaper/Strength Through The Storm/index.html.
Unfortunately for property insurance carriers, particularly those licensed and writing in coastal areas, the natural disasters occurring in calendar years 2018 through 2020 seemed intent on making 2017 look like a walk in the park.  ....

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Homeowners Claims, Delays Top Louisiana 2020 Storm Complaints


Homeowners Claims, Delays Top Louisiana 2020 Storm Complaints
January 22, 2021
The majority of complaint Louisiana insurance regulators have received in relation to the historic 2020 hurricane season concern homeowners insurance.
The Louisiana Department of Insurance (LDI) reports that nearly 80 percent of the 873 complaints it has received about hurricane claims are about homeowners insurance.
Louisiana Insurance Commissioner Jim Donelon is encouraging any policyholder in a dispute with their insurance company to call the department.
Hurricane grievances have included complaints about various types of residential, auto and commercial property insurance, as well as complaints about insurance adjusters and agents, but the vast majority of complaints from the 2020 storm season concerned homeowners insurance. The most common grievance was claim delay. ....

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