A.M. Best Downgrades Ratings of Unique Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE[1])–A.M. Best has downgraded the financial strength rating (FSR) to C++ (Marginal) from B- (Fair) and the issuer credit rating (ICR) to “b+” from “bb-” of Unique Insurance Company (Unique) (Chicago, IL). The outlook for the FSR has been revised to stable from negative, while the outlook for the ICR remains negative. The rating downgrades reflect the continued...

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Pitfalls of Sweepstakes and Contests

Your marketing people announce that they have been working for weeks on a promotion for customers and potential customers who will be attending the leading industry trade show in New York in two months. They have arranged for the sponsors of the show to include an ad for the promotion in the registration materials that will be mailed directly to...

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FDIC Launches Competition to Modernize Bank Financial Reporting

The Federal Deposit Insurance Corporation (FDIC) today announced the start of a rapid prototyping competition to help develop a new and innovative approach to financial reporting, particularly for community banks. Twenty technology firms from across the country have been invited to participate in the competition. The competitors will develop proposed solutions over the next several months that will be presented...

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Direct Auto Insurance Launches “Get Going Vacation Sweepstakes” to Give Away Two Vacation Packages

Leading car insurance company to give away two vacations and in-store gifts during its Customer Appreciation Month in June. Nashville, TN, June 03, 2019 –(PR.com)– Direct Auto Insurance is launching the “Direct Auto Get Going Vacation Sweepstakes” from June 3 to 28 as part of the company’s sixth annual Customer Appreciation Month celebration. Two grand prize winners will each win...

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