Latest Press Release on life insurance

A.M. Best Affirms Ratings of Assurant, Inc. and Its Subsidiaries
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health insurance subsidiaries of Assurant, Inc. (Assurant) (New York, NY) [NYSE: AIZ]. Additionally, A.M. Best has


New York Enacts Comprehensive Law to Regulate Life Settlements
ORLANDO, FL -- 11/17/09 -- The Life Insurance Settlement Association announced the passage of a new law in New York that establishes comprehensive regulation of Life Settlements in that state. The new law introduced at the request of the New York S..


MassMutual Named Top 10 Volunteer Provider for Junior Achievement USA
SPRINGFIELD, Mass., Nov. 19 /PRNewswire/ -- Massachusetts Mutual Life Insurance Company (MassMutual) has been named a Top 10 Volunteer Resource Provider in the U.S. by Junior Achievement USA. This year, more than 950 MassMutual employees and financial professionals have volunteered their t...


Spartan Motors Announces Agreement to Acquire Utilimaster Corporation
CHARLOTTE, Mich., Nov. 19 -- Spartan Motors, Inc. (Nasdaq: SPAR) today announced it has reached an agreement to acquire Utilimaster Corporation from John Hancock Life Insurance Company, a unit of Manulife Financial Corporation, a leading Canadian-based financial servi...


Guardian Announces $712 Million Dividend to Policyholders in 2010
NEW YORK, Nov. 18 /PRNewswire/ -- The Guardian Life Insurance Company of America (Guardian), one of the largest mutual life insurance companies and a leading provider of employee benefits, today announced that its Board of Directors has approved payment of $712 million in dividen...


Genworth Financial Companies Introduce a New Breed of Life Insurance
RICHMOND, Va., Nov. 16 -- Genworth Financial, Inc., (NYSE: GNW) announced today the introduction of Colony(SM) Term UL, a new breed of universal life insurance that is very competitive with term life insurance. Colony Term UL is des...


SCOR, Allianz, Fermat Capital, World Bank, TIAA-CREF and Clariden Leu Discuss Expanding the Investor Base for Insurance-Linked and Longevity-Based Investments
NEW YORK - Finance IQ, a division of IQPC, announced the 7th Insurance Linked Securities Summit, being held January 27-29, 2010 in New York, NY. After numerous changes on both the life and non-life sides of the market during th


American General Life Companies Reprices AG Select-a-TermSM
HOUSTON - American General Life Companies (American General) announced today that it has repriced AG Select-a-Term, issued by American General Life Insurance Company and The United States Life Insurance Company in The City of New York. Overall, rates decreased and the policy fee was l


Fitch: CMBS Loss Exposure Manageable for U.S. Life Insurers
CHICAGO - Despite a declining outlook for all U.S. CMBS property types and escalation of losses, the U.S. life insurance sector should be able to manage its exposure to commercial real estate-related losses in the near to intermediate-term, according to Fitch Ratings in a new report.


Conning Research: Life Insurance Industry Resets Investment Strategies After 2008
HARTFORD, Conn., Nov. 17 /PRNewswire/ -- The impact of the 2008 financial crisis on the life insurance industry may dramatically influence strategic decisions in the industry in the years ahead, according to a new study by Conning Research and Consulting. "During the fiv...


Woodmen of the World Now Live on Lawson Enterprise Software System
ST. PAUL, Minn. - Woodmen of the World/Omaha Woodmen Life Insurance Society, a fraternal benefit organization that offers insurance and annuities, has gone live with the


BestWeek Asia/Pacific: A.M. Best Examines Financial Crisis Impact on Region’s Markets
OLDWICK, N.J. - This week’s edition of BestWeek Asia/Pacific includes a new special report from A.M. Best examining the life and nonlife insurance markets in the Asia-Pacific region since the start of the global financial crisis. A.M. Best Co.&rsquo


Guardian Offers Guaranteed Issue on Disability Income Insurance Products for Small Business Owners
NEW YORK, Nov. 16 /PRNewswire/ -- The Guardian Life Insurance Company of America (Guardian), one of the largest mutual life insurers and a leading provider of employee benefits for small and mid-sized companies, recently introduced guaranteed issue on its disability income insurance...


Union Labor Life Selects Prescription Solutions To Provide Pharmacy Benefit Management Services
WASHINGTON, Nov. 18 /PRNewswire/ -- The Union Labor Life Insurance Company ("Union Labor Life"), a wholly owned subsidiary of ULLICO Inc., a privately held financial and insurance services holding company, announced that Prescription Solutions will provide pharmacy benefit...


Conseco Announces Reinsurance Transaction
CARMEL, Ind., Nov. 20 -- Conseco, Inc. (NYSE: CNO) today announced a new agreement under which its Bankers Life and Casualty Company subsidiary ("Bankers Life") will coinsure, with an effective date of October 1, 2009, about 237,000 life insurance policies w...


Transamerica Retirement Services Taps Top Industry Professional to Head TPA Distribution
LOS ANGELES - Transamerica Retirement Services, a marketing unit of Transamerica Financial Life Insurance Company, today announced the hiring of Deborah Rubin as vice president, head of Third Party Administrator Channel Distribution. In this newly-created position, Rubin will lead all sales


US Hole in One Gives You More Bang for Your Buck
US Hole In One, a leading provider in hole in one insurance and prize coverage offers great prizes that are sure to bring a crowd even during this downturn in the economy./I/P P(PRWEB) November 19, 2009 -- The idea of “cutting back” has become a way of life for many people o...


L&C Survey Shows the Benefits of Arranging Life Insurance Young
L&C’s October survey of people arranging life insurance through them showed 44% of people were over the age of 45. This is despite the fact that life insurance gets more expensive with age./I/P P(PRWEB) November 21, 2009 -- L&C’s October survey of people arranging ...


LandC Survey Shows the Benefits of Arranging Life Insurance Young
LandC's October survey of people arranging life insurance through them showed 44% of people were over the age of 45. This is despite the fact that life insurance gets more expensive with age.


Scottish Annuity & Life Insurance Company (Cayman) Ltd. Announces Tender Offer for Cash of Any and All of the Outstanding Stated Amount of 5.902% Collateral Facility Pass-Through Certificates of Stingray Pass-Through Trust
HAMILTON, Bermuda - Scottish Annuity & Life Insurance Company (Cayman) Ltd. (“SALIC” or the “Company”), a wholly owned subsidiary of Scottish Re Group Limited (Pink Sheets:SKRRF), has commenced a cash tender offer for any and all of the outstanding 5


AIG Edison Life Insurance of Japan Selects Salesforce.com for Enterprise-wide Cloud Computing Implementation
SAN FRANCISCO, Nov. 17 -- Salesforce.com (NYSE: CRM), the enterprise cloud computing company, announced today that AIG Edison Life Insurance in Japan has selected salesforce.com for an enterprise-wide cloud computing implementation. By implementing Salesforc...





 
 

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