INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against The Boeing Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Insurance News | InsuranceNewsNet

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April 10, 2019 Newswires
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INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against The Boeing Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Business Wire

LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Boeing Company (“Boeing” or “the Company”) (NYSE: BA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Following the October 2018 crash of a Boeing 737 Max 8 airplane operated by Lion Air, the Wall Street Journal published an article titled ''Boeing Withheld Information on 737 Model, According to Safety Experts and Others,” which alleged that the Company ''withheld information about potential hazards associated with a new flight-control feature suspected of playing a role in last month's fatal Lion Air jet crash.” Over the next 11 days, Boeing’s stock fell by 12.5%. A second 737 Max 8 crash involving an Ethiopian Airlines plane on March 10, 2019, results in further significant drops in the stock. On March 13, 2019, the FAA ordered all Boeing 737 Max 8 and Max 9 planes to be grounded in the United States, and the planes were grounded by authorities in many other countries as well.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190410005639/en/

The Schall Law Firm

Brian Schall, Esq.

Sherin Mahdavian, Esq.

310-301-3335

Cell: 424-303-1964

[email protected]

www.schallfirm.com

Source: The Schall Law Firm

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AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries

Business Wire

OLDWICK, N.J.--(BUSINESS WIRE)--
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Symetra Life Insurance Company and its subsidiary, First Symetra National Life Insurance Company of New York (New York, NY), together referred to as Symetra Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) of Symetra Life Group’s parent, Symetra Financial Corporation. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in Bellevue, WA, unless otherwise specified.

The ratings reflect Symetra Life Group’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM).

AM Best views Symetra Life Group’s risk-adjusted capitalization as very strong, as measured by Best’s Capital Adequacy Ratio (BCAR), with financial support afforded by the ultimate parent, Sumitomo Life Insurance Company. The ultimate parent continues to support the group’s strategic initiatives with capital when needed. This was evident in the successful acquisition of Dearborn Group’s life and disability business through a reinsurance transaction. Symetra Life Group has shown continued growth in premiums over the years in its life and retirement businesses, and with the recent acquisition, its workforce benefits division will accelerate in growth.

Offsetting these strengths is Symetra Life Group’s strong top-line growth, which can put a strain on capital and surplus, as well as the group’s increasing reliance on affiliated offshore reinsurance that may need additional support if growth continues at this pace.

AM Best views Symetra Life Group’s ERM as being matched to the scope of its operation, while adjusting to changing market conditions. Continued product innovation and its favorable business profile continue to be a positive factor in its overall ratings.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260529229587/en/

Omar Mostafa
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Stephen Vincent
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Christopher Sharkey
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Al Slavin
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Source: AM Best

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