Latest Press Release on life insurance

A.M. Best Downgrades Ratings of Illinois Mutual Life Insurance Company; Outlook Revised to Stable
OLDWICK, N.J. - A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to “bbb+” from “a-” of Illinois Mutual Life Insurance Company (Illinois Mutual) (Peoria, IL). The outlook has been r

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A.M. Best Affirms Ratings of Americo Life, Inc. and Its Subsidiaries
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of Americo Financial Life and Annuity Insurance Company (AFL) (Dallas, TX). Additionally, A.M. Best has affirmed the ICR of

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Phoenix Forms Distribution Company and Announces Agreement with Edward Jones Financial Advisors
HARTFORD, Conn. - The Phoenix Companies, Inc. (NYSE:PNX) today announced that it has formed a distribution company, Saybrus PartnersSM, Inc., and that Saybrus has an agreement with financial services firm Edward Jones to provide life insurance consulting services to the firm's fin

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Allianz Contributes $50,000 In Support of Midwest Firefighters
MINNEAPOLIS - Allianz Life Insurance Company of North America (Allianz) today announced a $50,0

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Inland Western Retail Real Estate Trust, Inc. Announces $140 Million Loan Refinancing
OAK BROOK, Ill. - Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) today announced that the company closed on the refinancing of $140.0 million of mortgage loans with a major life insurance company. “This financial transaction highligh

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Life Settlement Conference Opens Controversial Issues for Close Examination in New York City
ORLANDO, FL -- 11/02/09 -- Open, unvarnished dialogue is the order of the day at the 15th Annual Fall Life Settlement Conference in New York City next month. The Life Insurance Settlement Association (LISA), as it has for a decade and a half, will..

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J.P. Morgan to Provide Global Custody and Securities Lending Capabilities to Jackson National's Variable Insurance Funds
NEW YORK - J.P. Morgan today announced that it has been selected to provide global custody and securities lending services for the investment options that are available within the variable annuity and variable life insurance contracts offered by Jackson National Life Insurance Company&r

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New Free Website, LifeInsuranceQuotes.com, Allows Users to Compare and Choose Life Insurance
NORTH HOLLYWOOD, Calif., Nov. 2 /PRNewswire/ -- Itsol Inc. has launched LifeInsuranceQuotes.com (http://www.lifeinsurancequotes.com), a Web site solely dedicated to helping consumers find the life insurance product most suitable to th...

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National Western Life Announces 2009 Third Quarter Results
AUSTIN, Texas, Nov. 6 /PRNewswire/ -- Ross R. Moody, President of National Western Life Insurance Company (Nasdaq: NWLI), announced today third quarter 2009 consolidated net losses of $1.1 million, or $0.32 per diluted Class A share, compared with consolidated net losses of $9.8 mil...

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A.M. Best Announces Early Release of Third Quarter Life and Health Data
OLDWICK, N.J. - A.M. Best Co. has made third quarter 2009 insurance company financial data available in the Life/Health and Health quarterly databases of A.M. Best’s Financial Suite. Property/Casualty data is expected to be available at the end of the week.

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Allianz Contributes $9,000 to Feed My Starving Children
MINNEAPOLIS - Allianz Life Insurance Company of North America (Allianz) today announced a $9,00

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American Income Life Interviews for 1,000 Additional Sales and Sales Management Openings
COLUMBUS, Ohio, Nov. 6 -- American Income Life Insurance Company (AIL), a wholly-owned subsidiary of the Torchmark Corporation (NYSE: TMK) announces Local Job Fair. AIL has experienced continuous expansive growth and is seeking to contract many additional sales an...

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MIB Life Index Reports North American Life Insurance Activity Up 2.4% in October
BRAINTREE, Mass., Nov. 6 /PRNewswire/ -- North American application activity for individually underwritten life insurance was up +2.4% in October year-over-year, according to the MIB Life Index(SM). While the Index lagged prior year's r...

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Allfinanz Automated Underwriting Allows CommInsure to Deliver Immediate Life Cover
Allfinanz and CommInsure have recently announced the completion of a major project to enable faster processing of life insurance applications. For the first time, financial advisers can now offer their clients CommInsure life insurance cover that goes inforce before the client leaves their of...

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Companion Life Adds Dental Tourism Option to Help Policyholders Save
COLUMBIA, S.C., Nov. 5 /PRNewswire-USNewswire/ -- Companion Life Insurance Co. has teamed up with a leading medical travel facilitator to offer its dental policyholders preferred pricing on travel and treatment at dental clinics outside the United States. Traveling abroad for...

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Ralph de la Vega of AT&T Joins New York Life Board of Directors
NEW YORK - New York Life Insurance Company announced today that its Board of Directors has elected veteran AT&T executive Ralph de la Vega to the company’s Board. Mr. de la Vega is president and CEO, AT&T Mobility and Consumer Markets, with responsibility for all consumer marke

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Life Settlement Political Action Committee Opens 2009 Campaign Drive in NYC
ORLANDO, FL -- 11/04/09 -- On November 8-10 in New York City, the Life Insurance Settlement Association's (LISA) non-partisan federal political action committee, LISAPAC, will launch its 2010 campaign drive to preserve and protect the life settleme..

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Tom Johnson Joins New York Life Insurance Company as Head of Business Development for Retirement Income Security
NEW YORK - New York Life Insurance Company today announced that Tom Johnson has joined the company as head of business development for Retirement Income Security, a leader in providing retirement planning solutions. In this role, he has responsibility for overall business development of

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Ebix Announces Unified Ebix CRM Division for On-Demand CRM and further Enhanced Integration of LifeSpeed and AnnuityNet
ATLANTA - Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced today that it has created a new business unit focused on CRM services to life insurance agents, advisors and insurance companies. Called Eb

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Mutual of Omaha Selects iPipeline’s iGO e-App for Life Business
EXTON, Pa. - iPipeline™, the leader in on-demand software that supports marketing, selling, and processing solutions for the nation’s top insurance carriers, distributors and producers, today announced Mutual of Omaha has purchased iGO e-App™ for their life business. Under

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Pursuing Retirement – What Business Owners Need to Know
NEWPORT BEACH, Calif. - Business owners expecting to sell their firms to help finance retirement goals are rethinking that strategy due to the recent financial crisis. A new kit for life insurance professionals from Pacific Life, “In Pursuit of Retirement: What Every Successful Busines

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John R. V. Palmer appointed to Manulife Board of Directors
TORONTO, Nov. 5 - Manulife Financial Corporation and The Manufacturers Life Insurance Company announced today that John R.V. Palmer has been appointed to their Boards of Directors, effective November 4, 2009

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Holistic Approach Best for Benefits Enrollments
COLUMBIA, S.C., Nov. 5 /PRNewswire/ -- Benefits enrollments work most efficiently when looked at holistically instead of as a one-time activity, according to a new white paper released by Colonial Life & Accident Insurance Company. "Reinvent the Enrollment Experi...

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InsuranceQuotesUS.com Guides Users Through the Insurance Purchasing Process for Free
NORTH HOLLYWOOD, Calif., Nov. 5 /PRNewswire/ -- Itsol Inc. has launched its new Web site, InsuranceQuotesUS.com, to help consumers make the right decisions about insurance, including finding the best business, health, life or auto insurance quo...

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Accenture Helps Generali Launch Life Insurance Application for iPhone
PARIS - Generali France, the second largest general insurer in France and one of the main foreign subsidiaries of the Generali Group, the largest European life insurer, has unveiled a new life insurance application for iPhone* which was created and implemented with the help of Accenture

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