OneAmerica, based in Indianapolis, Ind., saw its retirement business have its most successful year in all major sales categories last year, as well as retain 95% of existing business.

OneAmerica Financial Partners says its enterprise sales growth for the year was 29% through the third quarter over the same period the prior year.

A Bellevue, Wash.-based subsidiary of Symetra Financial Corp. is paying $26 million to acquire the renewal rights for some OneAmerica Financial Partners’ medical stop-loss insurance policies.

United Prosperity Life Insurance Co. has signed an definitive agreement to buy Shenandoah Life Insurance Co., a Roanoke, Va.-based insurer that has been in receivership over financial concerns since February 2009.

Shenandoah Life Insurance Co, recently put into receivership by state insurance regulators, canceled its annual vacation rewards for top-performing insurance agents.

Trips to locations like the Bahamas and Spain for agents …  Read →

Update: Virginia ends moratorium on Shenandoah Life policy payments

Virginia’s insurance regulators have taken control of Roanoke, Va.-based Shenandoah Life Insurance Co. as the company struggles with finances.

Alfred W. Gross

On Thursday …  Read →