U-Haul Holding Company, parent of U-Haul International, Inc., North America’ s largest“ do-it-yourself” moving and self-storage company will participate in the 2024 CL King Best Ideas Conference on Monday, September 16, 2024. U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company…
HARTFORD– Three transgender women from across the U.S. filed a federal class action civil rights lawsuit against Aetna Life Insurance Company after the women were denied coverage for gender-affirming facial procedures. Announced Tuesday, the complaint said the Hartford- based company refused to pay for these surgeries based on a policy that excludes…
Sep. 11— HARTFORD— Three transgender women from across the U.S. filed a federal class action civil rights lawsuit against Aetna Life Insurance Company after the women were denied coverage for gender-affirming facial procedures. Announced Tuesday, the complaint said the Hartford- based company refused to pay for these surgeries based on a policy that excludes…
SBLI is pleased to announce the appointment of Yaron Ben-Zvi to its Board of Directors. Ben-Zvi brings a wealth of experience in financial services, technology, and innovation, which aligns perfectly with SBLI’s mission to provide simple, affordable life insurance solutions to individuals and families across the United States. Yaron Ben-Zvi has been…
Symetra Life Insurance Company announced that Fortune ® magazine and Great Place To Work ® have recognized the company as one of the 2024 Best Workplaces in Financial Services and Insurance™. In the last year, Great Place To Work surveyed companies employing 8.2 million people in the U.S. and received 1.3 million survey responses. Of those, over 194,000…
For Powers& Sons Construction, a partnership with an insurance company became the means to start building single family homes in northwest Indiana. The story starts with Mamon Powers, Sr.' s move from Mississippi to Gary as part of the great migration. After becoming the first Black apprentice in Indiana, Powers then worked for an African American real estate…
Symetra Life Insurance Company, a stop loss pioneer and industry leader, announced a new critical illness step-down deductible endorsement that offers self-insured employers additional protection. As employers who self fund their health plans seek new ways to manage expenses, we saw an opportunity to enhance our stop loss policy with an endorsement that…
Term life insurance recorded its sixth consecutive quarter of growth during Q2 in both premium and policy sales, according to LIMRA’s U.S. Life Insurance Sales Survey.
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Allianz Ayudhya General Insurance Public Company Limited. The outlook assigned to these Credit Ratings is stable. The company benefits from strong financial flexibility with access to capital markets through its listed parent holding company, Allianz Ayudhya…
It also said it sold to Chicago real estate investor and physician Sanjay Gandhi. Allstate confirmed the sale of 29 N. Wacker Drive in a statement to the Sun-Times on Friday.The insurance company bought the 10- story building from Sun Life Assurance of Canada for $29.7 million, property records show. “We no longer need this space alongside our existing Chicago…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” for the members of Unum Insurance Group. These companies are the core U.S. life/health insurance subsidiaries of Unum Group. In addition, AM Best has affirmed the Long-Term ICR of“ bbb+” and the Long-Term Issue Credit Ratings of Unum.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of DB Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect DBI’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, has been honored by Datos Insights with a 2024 Insurance Technology Impact award for its Registered Index-Linked Annuity Digital Ecosystem. “We are honored to receive this recognition from Datos Insights, which highlights the work our teams have done to…
Legal& General has today released the latest edition of its Pension Risk Transfer Monitor, which analyses industry trends and market outlooks in the UK and US. The UK PRT market has completed an estimated £20 bn of buy-ins and buyouts in the year to date The US market experienced a record breaking first half, estimated at $26 bn Both markets are on track for one of…
Riemer& Braunstein LLP, a law firm specializing in the representation of financial institutions, life insurance companies, and debt funds in real estate and commercial transactions, announced that Simon Levenson has joined the firm as an associate in the firm’ s Tax Credit/Community Development Finance group, a national leader in this practice area.