Life Insurance News

AM Best has downgraded the Financial Strength Rating to B from B++ and the Long-Term Issuer Credit Rating to“ bb+” from“ bbb” of Atlantic Coast Life Insurance Company and Sentinel Security Life Insurance Company. Both companies are collectively referred to as A-CAP Group. A-CAP Group is taking deliberate steps to rebuild and re-establish its brand presence in this…

Maryland Attorney General Anthony G. Brown issued the following news release on Jan. 22, 2026:. The investigation was led by the Maryland Office of the Attorney General's Fraud and Corruption Unit and the Maryland Insurance Administration. From October 16, 2017, through November 24, 2021, she submitted in excess of 100 fraudulent claims with fraudulent…

She was born April 28, 1948, in Harrison, Ohio, daughter of Walter S. Wakefield and Florence M. Johnston. After graduating from Miami University, Melinda had two full careers before retiring, first at Union Central Life Insurance Company in Cincinnati and then at the Disabled American Veterans national headquarters when it was in Cold Spring, Kentucky.

Pacific Life Insurance Company on Thursday asked a federal court to dismiss the $8.5 million lawsuit filed by NASCAR champion Kyle Busch and his wife over policies the Buschs claim were sold to them under false and negligent representations as tax-free income for retirement. The filing in the Western District of North Carolina— the same court that just heard…

The investigation was led by the Maryland Office of the Attorney General's Fraud and Corruption Unit and the Maryland Insurance Administration. Boston then applied for supplemental policies in her own name from AFLAC, as well as policies in the name of numerous other individuals, both real and fictitious. From October 16, 2017, through November 24, 2021, she…

Symetra Life Insurance Company is celebrating its 50 th anniversary as a stop loss provider— marking five decades of helping employers protect their self-funded health plans from high-cost claims and rising medical volatility. Since then, self-funded health plans have gone mainstream, now covering over 60 percent of workers in the U.S. 1 With rising costs…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Meiji Yasuda Life Insurance Company. Following market-driven fluctuations in unrealised gains on securities, the company’ s absolute capital retreated from its peak of JPY 5.8 trillion between March 2024 and March 2025, though it has since recovered by…

Delaware Life Insurance Company, a Group 1001 company, announced the addition of the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity portfolio, making Delaware Life the first insurance carrier to offer an index that contains cryptocurrency. The BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index is designed to deliver:.

Guaranty Income Life Insurance Company, a leading provider of fixed indexed annuities, celebrates its 100th year of supporting the financial needs of hard-working Americans. “It takes perseverance, dedication, and integrity to help families protect their wealth for 100 years,” said Joe Wieser, President of Guaranty Income Life Insurance Company.“ Our…

Delaware Life Insurance Company, a Group 1001 company, today announced the addition of the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity portfolio, making Delaware Life the first insurance carrier to offer an index that contains cryptocurrency. The BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index is designed to deliver:.

Does anyone have experience with Transamerica Life Insurance or UHC through AARP? The biggest determining factor in future rates is company profitability or loss year to year on each letter plan they offer, and rate increases must be approved by a state Insurance Commission with proof it's warranted. For example, everyone in Pennsylvania who has United…

2026 JAN 19– 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“ G THE GUARDIAN NETWORK” by Catherine M.C. Farrelly Frankfurt Kurnit Klein& Selz, representing The Guardian Life Insurance Company of America.

Monroe admitted that his asset schedules and statement of financial affairs also did not disclose the December 2021 sale of his marital home in the Glade Springs residential development for $525,000, or the existence of a retirement account, two loans he obtained by using the equity associated with his whole-life insurance policy as collateral, and a…