AM Best Comments on Credit Ratings of Philadelphia Insurance Companies' Members; Tokio Marine America Group and First Insurance Company of Hawaii, Ltd.'s Subsidiaries
On June 9, 2025, the organization received an alert regarding suspicious activity on its IT network. The organization took immediate actions to respond to the situation and disconnected affected systems to contain the threat. AM Best notes that the organization notified law enforcement and is engaged in a comprehensive forensic analysis, which is currently ongoing to determine the full scope, nature and ultimate impact to the organization.
Philadelphia, Tokio Marine America Group and FICOH have activated their business continuity plans, including interim solutions that enable employees to carry out essential functions, while system restoration efforts are underway. While the situation continues to evolve, AM Best will continue to monitor the cyber event for any signs that the incident may impair the company's operational capabilities, harm its reputation or market position, or prompt a reassessment of its enterprise risk management capabilities.
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 © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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Inside The MBA Where Students Solve Real Problems For Fortune 500s — Before They Graduate
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The office oversees a wide range of hands-on programs — from summer business camps for middle and high school students to MBA consulting projects with Fortune 500 firms. The goal is consistent across levels: embed students in real business environments where they can apply what they're learning in real time. 'Our students don't just do simulations or case studies,' Anandarajan tells Poets&Quants. 'They're solving live problems, with real clients, real deadlines, and real stakes.' (See more of P&Q's coverage of innovation at Drexel LeBow: and .) CONSULTING WITH PURPOSE Every LeBow student encounters a signature business consulting project — not a classroom hypothetical, but a structured engagement with an actual company. These partnerships span industries, from big-name firms like PwC and Deloitte to local ventures and alumni-founded startups. The process is rigorous and intentionally designed to mirror the ambiguity and complexity of real business life. 'It's not just about applying concepts,' Jones tells P&Q. 'It's about asking better questions, reframing challenges, modeling scenarios, and then communicating your insights clearly to decision-makers.' For students, these engagements are more than résumé fodder. Many lead directly to co-op placements or full-time roles. For corporate partners, they offer a fresh perspective — and often, surprising value. THE LAURIE PROGRAM: LEADERSHIP, INTEGRATED If the consulting track gives students a first taste of business reality, the Laurie Program accelerates their evolution as leaders. Open to a small cohort of MBA students each year, the program offers a tightly integrated, year-long journey across strategy, culture, finance, and operations, culminating in a capstone project guided by a unique framework and hands-on mentorship. 'The beauty of it is integration,' says Anandarajan. 'In most MBA programs, strategy is taught in one silo, leadership in another. But in the real world, these things are deeply interwoven. The Laurie model reflects that.' Students don't just tackle company challenges — they often create their own, bringing in past work experience or identifying an area of impact they care about. Along the way, they're mentored by senior executives, many of whom are alumni or partners brought in through program benefactor Mike Laurie's network. Each cohort concludes with presentations to a panel of executives — not a soft landing, but a high-stakes test of critical thinking and executive communication. 'You come in as you,' Jones says. 'And ten weeks later, you leave as you-plus-one.' Drexel LeBow Senior Associate Dean Murugan Anandarajan: 'We're not just building data scientists. We're building translators — professionals who can speak both the language of business and the language of technology' AI IS NOT A SILO In a time when artificial intelligence is reshaping industries faster than universities can update their syllabi, LeBow is leaning into the turbulence. Through the Center for Applied AI and Business Analytics, students are learning how to work at the intersection of technology and strategy — not by mastering the math behind neural nets, but by understanding their implications and applying them in business context. 'We don't want our students to be parrots,' says Anandarajan. 'You can get the definitions from ChatGPT. What companies need are people who can think critically, interpret results, and translate technology into value.' Capstone projects are deliberately cross-functional. In one example, students helped a pharmaceutical company extract business insights from thousands of research abstracts using AI-generated knowledge graphs. 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NFL star Khari Blasingame shares the rule he lived by when budgeting a pro salary
Listen and subscribe to Financial Freestyle on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Earlier this year, NFL fullback Khari Blasingame helped the Philadelphia Eagles defeat the Chiefs to take a Super Bowl championship. But before he made the salary of a title-winning pro player, he had to learn how to set a budget so he wouldn't overspend trying to keep up with the lavish lifestyles of his teammates. The minimum salary for a rookie in his first year was $465,000, but Blasingame didn't make nearly that much as an undrafted free agent. On the Financial Freestyle podcast, he explained his financial mentality going into the league and how he budgeted for a salary outside of the NFL in order to avoid going broke. 'I wanted to get as much money as I could in the door, and I wanted to live as if I made $80,000 pretax,' he said. 'I was looking at consulting salaries and different sales salaries ... and I was like, 'OK, I'm going to live as if I'm making this. So if I don't play a year after this, I still have a couple of years in reserves.'' This embedded content is not available in your region. Read more: How to budget: Your complete guide to budgeting for 2025 One of Blasingame's goals was to prepare himself for a time when he was no longer playing football, a prudent approach considering that the average career length in the NFL is around three years. 'I wanted to make sure I had enough breathing room between the time that I ended playing — which I didn't know what it was, so that caused me a little bit of anxiety — and between when I found my next gig, and I didn't want there to be a big drop-off mentally,' he said. 'I wanted to have a lifestyle that's like, 'You know what, whether I play here for another year, another two years, or three years, I'm going to have this lifestyle as if I'm making $80,000 pretax and this is what I'm going to live off of.'' Blasingame credited his father with instilling in him the importance of saving. When Blasingame got a little bit of graduation money — "nothing but maybe $750 to $1,000," he said — his father encouraged him to save and invest by connecting him with his financial adviser to put it in a mutual fund. 'I'm very thankful that I had two great parents who really instilled in me hard work, saving money,' Blasingame said. 'My pops … I told him, ... 'Look, I want to go to college. I want to go to the NFL.' He was like, 'All right, bet. So if you're going to go to the NFL, ... you need to know how to manage your money,' because he would always say, 'If you can't manage your own money, you don't deserve to have it.'' Those early lessons got Blasingame interested in learning more about finance, and they ultimately carried over when he began earning money from the league. More stories from Financial Freestyle with Ross Mac NFL star Khari Blasingame shares the rule he lived by when budgeting a pro salary How life insurance can help build generational wealth and pay for milestone events How a donor-advised fund can help you give to charity and save on taxes Read more: Here's what the ideal budget looks like for a $60,000 salary That didn't mean Blasingame wasn't cognisant of some of the more extravagant purchases his fellow NFLers could make, though. Watching teammates make even more than the baseline rookie salary was difficult at times, he admitted, and he even said that the flashy car he bought early in his career was ultimately a bad investment. But as he switched teams and continued his way through the league, his sights have always been set on maintaining that baseline lifestyle. "When you look at the guys who are making my yearly [salary] in one check, you start to look at some of the things they do, and it's like, OK, that's why," he said. "I think that's the mistake that most guys make, is that they want to do the same things that those guys are doing without that type of money." 'I think just already having that baseline, it just kind of allowed me to be like, all right, I got this, I got this extra money above, these goals that I set for this year, what do I want to do with it? And then that caused me to like, all right, let's go learn something,' he continued. 'I had a financial adviser [and] was looking at some of the stuff that he was doing. I was like, you know what? I just learned a little bit more.' Every Monday, Financial Freestyle host Ross Mac talks with key guests to discuss their wealth-building journeys and what it takes to build a lasting financial footprint. You can find more episodes on our video hub or watch on your preferred streaming service. Sign up for the Mind Your Money newsletter Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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NFL star Khari Blasingame shares the rule he lived by when budgeting a pro salary
Listen and subscribe to Financial Freestyle on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Earlier this year, NFL fullback Khari Blasingame helped the Philadelphia Eagles defeat the Chiefs to take a Super Bowl championship. But before he made the salary of a title-winning pro player, he had to learn how to set a budget so he wouldn't overspend trying to keep up with the lavish lifestyles of his teammates. The minimum salary for a rookie in his first year was $465,000, but Blasingame didn't make nearly that much as an undrafted free agent. On the Financial Freestyle podcast, he explained his financial mentality going into the league and how he budgeted for a salary outside of the NFL in order to avoid going broke. 'I wanted to get as much money as I could in the door, and I wanted to live as if I made $80,000 pretax,' he said. 'I was looking at consulting salaries and different sales salaries ... and I was like, 'OK, I'm going to live as if I'm making this. So if I don't play a year after this, I still have a couple of years in reserves.'' This embedded content is not available in your region. Read more: How to budget: Your complete guide to budgeting for 2025 One of Blasingame's goals was to prepare himself for a time when he was no longer playing football, a prudent approach considering that the average career length in the NFL is around three years. 'I wanted to make sure I had enough breathing room between the time that I ended playing — which I didn't know what it was, so that caused me a little bit of anxiety — and between when I found my next gig, and I didn't want there to be a big drop-off mentally,' he said. 'I wanted to have a lifestyle that's like, 'You know what, whether I play here for another year, another two years, or three years, I'm going to have this lifestyle as if I'm making $80,000 pretax and this is what I'm going to live off of.'' Blasingame credited his father with instilling in him the importance of saving. When Blasingame got a little bit of graduation money — "nothing but maybe $750 to $1,000," he said — his father encouraged him to save and invest by connecting him with his financial adviser to put it in a mutual fund. 'I'm very thankful that I had two great parents who really instilled in me hard work, saving money,' Blasingame said. 'My pops … I told him, ... 'Look, I want to go to college. I want to go to the NFL.' He was like, 'All right, bet. So if you're going to go to the NFL, ... you need to know how to manage your money,' because he would always say, 'If you can't manage your own money, you don't deserve to have it.'' Those early lessons got Blasingame interested in learning more about finance, and they ultimately carried over when he began earning money from the league. More stories from Financial Freestyle with Ross Mac NFL star Khari Blasingame shares the rule he lived by when budgeting a pro salary How life insurance can help build generational wealth and pay for milestone events How a donor-advised fund can help you give to charity and save on taxes Read more: Here's what the ideal budget looks like for a $60,000 salary That didn't mean Blasingame wasn't cognisant of some of the more extravagant purchases his fellow NFLers could make, though. Watching teammates make even more than the baseline rookie salary was difficult at times, he admitted, and he even said that the flashy car he bought early in his career was ultimately a bad investment. But as he switched teams and continued his way through the league, his sights have always been set on maintaining that baseline lifestyle. "When you look at the guys who are making my yearly [salary] in one check, you start to look at some of the things they do, and it's like, OK, that's why," he said. "I think that's the mistake that most guys make, is that they want to do the same things that those guys are doing without that type of money." 'I think just already having that baseline, it just kind of allowed me to be like, all right, I got this, I got this extra money above, these goals that I set for this year, what do I want to do with it? And then that caused me to like, all right, let's go learn something,' he continued. 'I had a financial adviser [and] was looking at some of the stuff that he was doing. I was like, you know what? I just learned a little bit more.' Every Monday, Financial Freestyle host Ross Mac talks with key guests to discuss their wealth-building journeys and what it takes to build a lasting financial footprint. You can find more episodes on our video hub or watch on your preferred streaming service. Sign up for the Mind Your Money newsletter
