Have never heard of them but here's something that's even better:
Laptop, Desktop, Tablet PC and PDA/Smartphone insurance from Safeware Insurance Agency, Inc.
Not only do they provide insurance against theft, but also cover accidental damage such as spills, falls, drops, step on, etc.
It's not a replacement for apple care (nothing is, in my opinion) but very necessary especially for a student away from home.
Regards.