A public hearing is to be held before the City of Libby City Council on Monday December 15, 2025, at 7:00 p.m. at Libby City Hall, 952 East Spruce Street, Libby, Montana, to consider the subdivision application and make a decision to approve, approve with conditions, or deny the proposed subdivision. Information on the proposed application is available for review…
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AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the life/health insurance subsidiaries of Manulife Financial Corporation. The ratings reflect MFC’ s L/H subsidiaries’ balance sheet strength, which AM Best assesses as very strong, as well as their strong operating performance, favorable business…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of Starr International Insurance Public Company Limited. In addition, SIIT benefits from rating enhancement arising from the implicit and explicit support provided by Starr International Company, Inc.. As of 30 September 2025, the company reported…
The following information was released by the Bank of England:. Published on 11 December 2025. In this speech Randy Kroszner sets out a' practical guide' for promoting innovation and supporting growth in the economy, while maintaining financial stability.
Life insurance and annuities: Reassuring ‘tired’ clients in 2026
When people ask me what I see for life insurance and annuities in 2026, I always start here: Clients are tired.
2025 DEC 10– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ RELIANCEMATRIX” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company. This application was made available to the…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, today announced it has awarded $730,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. “At Greater Lansing Food Bank, we work toward more than just ensuring neighbors have…
How ILITs are reinventing legacy planning post-OBBBA
The One Big Beautiful Bill Act didn’t just change tax law — it changed family dynamics in estate planning.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Lonpac Insurance Bhd. The outlook of these Credit Ratings is stable. The ratings reflect Lonpac’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise…
Reinsurance Group of America, Incorporated, a leading global life and health reinsurer, announced today that Ryan Krueger will join the company as Senior Vice President, Investor Relations, effective January 5, 2026. Prior to joining RGA, Mr. Krueger spent over a decade at investment bank Keefe, Bruyette& Woods, where he was Managing Director, Equity Research of…
QUEBEC CITY& TORONTO—- iA Financial Group, one of Canada’ s largest life insurers and a leader in wealth management, is proud to announce a strategic partnership with Empathy, the technology company transforming how families navigate life’ s most difficult moments. By combining cutting-edge technology with deeply human care, we offer beneficiaries not only…
Mr. Bell was a member of First Presbyterian Church of Vicksburg and later joined Second Presbyterian Church in Memphis, TN and then Columbia Presbyterian Church in Columbia, MS. He served as a deacon in all three churches. He worked as a Life Insurance Executive for Southland Life Insurance Company of Dallas, TX, for 40 years and was a partner in Price, Brown, and Bell…
Judge tosses Penn Mutual whole life lawsuit; plaintiffs to refile
A California judge granted motions to dismiss a lawsuit filed by a group of 29 plaintiffs who claim that Penn Mutual Life Insurance Co. and several co-defendants ran a tax-avoidance scam.
Boston Mutual Life Insurance Company has announced the appointment of Glenn Capps as regional sales director for Tennessee and Kentucky within its Distribution department. Prior to joining Boston Mutual Life, he held leadership and sales roles at companies including Horace Mann Insurance Company, Aflac, ABC Insurance Group, Great American Financial…
Judge approves PHL Variable plan; could reduce benefits by up to $4.1B
A Connecticut judge signed off Tuesday on changes to a moratorium on benefits available to the financially troubled PHL Variable Insurance Co.
Seritage Growth Properties, a national owner and developer of retail, residential and mixed-use properties, announced that today the Company has made a voluntary prepayment of $20.0 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska. With the prepayment, the Company has now repaid a total of…
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Kansas City Life Insurance Company. At the same time, AM Best downgraded the FSR to B+ from B++ and the Long-Term ICR to“ bbb-” from“ bbb” of Grange Life Insurance Company. Concurrently, AM Best has revised the outlook to…
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Vietnam National Scale Rating of aaa.VN of Bao Minh Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings also factor in the neutral impact from BMI’ s majority owner, State Capital Investment Corporation, which is the sovereign…
Prudential leads all life sellers as Q3 sales rise 3.2%, Wink reports
Prudential Financial ranked No. 1 in overall life insurance sales during the third quarter, with a market share of 5.7%, Wink, Inc. reported.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Minnesota Life Insurance Company and its subsidiary, Securian Life Insurance Company, together referred to as Securian Financial Insurance Group. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICR of“ a+” of Securian Casualty Company.
