OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Mercer Insurance Group (MIG) and its members. Concurrently, A.M. Best has placed under review with negative implications the ICR of “bbb” of Mercer Insurance Group, Inc. (Mercer,… [Read more]
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GENEX Holdings, Inc. Completes Acquisition of Intracorp’s Workers’ Compensation and Disability Case Management Business from CIGNA Corporation
WAYNE, PA. & PHILADELPHIA, – (BUSINESS WIRE) – GENEX Holdings, Inc. (“GENEX”) today announced it has completed its acquisition of International Rehabilitation Associates, Inc.’s (“Intracorp”) workers’ compensation and disability case management business from CIGNA Corporation /quotes/comstock/13*!ci/quotes/nls/ci (CI 37.78, -0.22, -0.57%) , the parent of Intracorp. As announced on November 4, 2010, GENEX will continue its… [Read more]