A.M. Best Assigns Rating to Blue Cross and Blue Shield of North Carolina.Business Editors OLDWICK, N.J.--(BUSINESS WIRE)--Sept. 13, 2002 A.M. Best Co. has assigned an initial public data rating (pd) of A-pd to Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. (BCBS BCBS Blue Cross/Blue Shield BCBS Basel Committee on Banking Supervision BCBS Barre Center for Buddhist Studies BCBS Bay City Baptist School BCBS Bishop Cotton Boys School (Bangalore, India) BCBS Bar Code Business Software NC) (Chapel Hill, NC). The rating of BCBS NC reflects its good capital and surplus position and two-year trend of favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. earnings. Offsetting these strengths is the limited geographic operating area. A pd rating is an A.M. Best opinion rating of the long-term financial strength of an insurer or reinsurer re·in·sure tr.v. re·in·sured, re·in·sur·ing, re·in·sures To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company. . The rating is expressed using the same rating scale and definitions as an A.M. Best interactive rating of long-term financial strength, but a pd rating modifier (programming) modifier - An operation that alters the state of an object. Modifiers often have names that begin with "set" and corresponding selector functions whose names begin with "get". has been added to ensure the user is aware of the more limited information basis for the rating. The pd rating does not reflect the detailed interviews of senior management and access to non-public data and other information, which plays a significant role in the interactive rating analysis. A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com. --30--ds/ny* csm
CONTACT: A.M. Best Co., Oldwick
Public Relations:
Jim Peavy, 908/439-2200, ext. 5644
james.peavy@ambest.com
or
Rachelle Striegel, 908/439-2200, ext. 5378
rachelle.striegel@ambest.com
or
Analyst:
Richard Shaw, 908/439-2200, ext. 5416
richard.shaw@ambest.com
KEYWORD: NEW JERSEY
INDUSTRY KEYWORD: BANKING INSURANCE
SOURCE: A.M. Best Co.
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