The Phoenix Cos.’ senior debt rating was dropped into the “junk” range by Moody’s Investors Service, and the ratings service changed its outlook for the property-casualty insurer and its subsidiaries to “stable,” from “negative.”

Saybrus Partners, the distribution company of The Phoenix Cos., is going to provide life insurance consulting services to the financial advisors of Wells Fargo Advisors.

The Phoenix Cos. introduced a new series of indexed annuities it says brings flexibility and diversification to the marketplace.

The Phoenix Cos. introduced a pair of modified guaranteed, single-premium fixed-indexed annuities.

High net-worth clients aren’t getting the attention they deserve or the information about products and services available to them – at least in their minds.

The Phoenix Cos. introduced a new first-to-die universal life insurance product for two lives, featuring flexible premiums and cash accumulation.

The Phoenix Cos. overstated its fourth quarter and 2008 earnings by $46 million as the result of an error in accounting on its income taxes, the insurer said.

The company revised …  Read →