Life Insurance News
Edward Netherland, a Nashville insurance executive who moved to the U.S. Virgin Islands amid several lawsuits and questionable investment proposals, was found dead in a secluded rental home in the … Read →
A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings of “a-” of Delaware Life Insurance Co.
The 24 publicly traded life and annuity stocks followed in a Best’s special report underperformed the S&P 500 index during the third quarter of 2014, with Voya faring well and Genworth disappointing.
Primerica, Inc. announced that its Board of Directors has authorized a share repurchase program for 2015, pursuant to which the Company expects to repurchase up to $150 million of its common stock.
Total U.S. annuity sales reached $58.2 billion in the third quarter this year, falling 2% from the same period in 2013.
Still waiting to learn whether he’ll face federal criminal charges, former financial adviser Jason Muskey, of Moosic, Pa., was sued Friday for swindling his mother, his wife’s uncle and aunt … Read →
MetLife, Inc., announced that it had completed the mergers of its subsidiaries MetLife Insurance Company of Connecticut, MetLife Investors USA Insurance Company, MetLife Investors Insurance Company and Exeter Reassurance Company Limited.
Chip Lewis, of PSA Insurance & Financial Services, was presented with the Helen C. Hottenbacher Award by the Baltimore chapter of FSP.
Matthew Grove was named chief administrative officer for New York Life’s Insurance and Agency Group while David Cruz was elected senior managing director and head of retail annuities.
Genworth Financial issued a statement in response to downgrade actions taken by certain rating agencies.