A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a+” of Nipponkoa Insurance Company Ltd. (Nipponkoa) (Japan). The outlook for both ratings is stable. The ratings reflect Nipponkoa’s strong risk-adjusted capitalization, improvement in underwriting results and reduction in equity holdings. Although the company’s risk-adjusted capitalization has [...]

If you are running short of money all of a sudden when something important comes up, it can be very frustrating and upsetting. Now couple that with bad credit and you definitely have a problem at your hands. You are turned away by most lenders because your creditworthiness is not considered good enough to lend [...]

Historically low mortgage interest rates have homeowners refinancing in record numbers, according to the latest Weekly Mortgage Applications Survey, released today by The Mortgage Bankers Association (MBA). The MBA reports that its Market Composite Index, which measures mortgage loan application volume, shows the number of people applying to refinance their mortgage surged, climbing 25.6% while [...]

With the near collapse of AIG, the world’s largest insurance company many people are asking questions about the financial soundness of a variety of insurance companies. Here is a potential backstop based on the Guarantee funds that operate in each state in the US. What To Look For: All insurance companies’ public comments indicate they [...]

Car insurance is a term that describes the coverage of the risks of your car with the help of an insurance company. The insurance company covers the risk by paying you any monetary losses, in case the risk becomes factual. Hence, having comprehensive car insurance can be very helpful for your budget and for your [...]

When you are looking for a term life insurance policy it is very important that you find out the whole and true picture of the different companies that can supply you with cover, you will want to compare cheap term life insurance rates of all the companies, so that you know you will be receiving [...]

In general, there are two types of insurance agents – independent agents who write for more than one company and contract agents who represent a single company. Contact at least five different agents. Consider using an insurance broker who can help you comparison shop. Consider the agent’s office and professional staff. Ask for customer references [...]

You need life insurance to secure financial protection for your family members, especially spouse and children after your exit. Insurance companies offer many plans such as Whole Life, Variable Life, Universal Life and Universal Variable Life. However, choosing the appropriate coverage for you and its benefits for your dependents or beneficiaries is of great importance. [...]