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Bringing practical business and technical intelligence to today's structured cabling professionals.

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on:

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

AM Best Downgrades Issuer Credit Rating of Gleaner Life Insurance Society; Maintains Under Review With Developing Implications Status on Credit Ratings

AM Best has downgraded the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb+” (Good) and affirmed the Financial Strength Rating of B++ (Good) of Gleaner Life Insurance Society (Gleaner) (Adrian, MI). AM Best also has maintained the under review with developing implications status for these Credit Ratings (ratings).

The ratings reflect Gleaner’s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, neutral business profile and marginal enterprise risk management (ERM).

Gleaner was initially placed under review and downgraded based on the company’s ERM assessment on May 31, 2024. The company is in the process of updating several governance policies and practices. Gleaner refiled its year-end 2023 statutory financial statements and filed unaudited first-quarter financial statements in June 2024. The refiled year-end 2023 financial statements show a net loss of $2.2 million, which represents a decline of nearly $3.1 million from the originally reported net gain of $886,000. Gleaner since has reported a net loss of $2.1 million through the third quarter of 2024, which is a continuation of reported losses since 2021.

Gleaner has entered into a coinsurance agreement with Heritage Life Insurance Company to reinsure a block of fixed deferred annuities issued from September 2022 through April 2024. This transaction was effective in October 2024. Following a collaboration with the state regulator, policyholders were given several options on how to handle their annuity policy following the agreement with Heritage. The annuity block reinsures policies with nine-year interest rate guarantees. Gleaner has completed the transaction to remove the risks off the balance sheet.

The ratings are expected to remain under review with developing implications until AM Best is able to assess year-end 2024 financial results. AM Best expects that Gleaner will continue to maintain a very strong balance sheet strength, while improving its operating results. AM Best will continue to monitor the company’s operating performance and the revisions to its ERM program governance.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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