CHICAGO, IL -- 06/11/08 --
Fort Dearborn Life Insurance Company® was
rated "A" (Excellent) by TheStreet.com Ratings, Inc., formerly Weiss
Ratings.(1)
According to TheStreet.com, an "A" rating means that a company offers
excellent financial security and has maintained a conservative stance in
its investment strategies, business operations and underwriting
commitments. The "A" rating puts Fort Dearborn Life among the top companies
in the United States.
"We are proud to be listed as one of the highest rated life insurance
companies in the country," said Larry Newsom, president and CEO of Fort
Dearborn Life. "The rating reflects our dedication to providing and
maintaining financially secure products for our brokers and policy
holders."
With nearly 40 years' experience, Fort Dearborn Life is among the country's
leading providers of employee benefits. Fort Dearborn Life markets group
life, short- and long-term disability, dental and individual annuity
programs. Fort Dearborn Life has $2.2 billion in assets and $153 billion of
life insurance in force. Fort Dearborn Life is rated A+ (Superior) by A.M.
Best Company, affirmed November 1, 2007,(2) and is rated A+ (Strong) by
Standard and Poor's for financial strength in its most recent report. Fort
Dearborn Life is a subsidiary of Health Care Service Corporation (HCSC), a
Mutual Legal Reserve Company.
(1) As of May 5, 2008.
(2) A.M. Best Company rates the overall financial condition of a company
using a scale of A++ (Superior) to F (In Liquidation).
Contact:
John Myers
Manager, Corporate Communications
(630)-824-5637
Email Contact
