AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Vantis Life Insurance Company. The outlook of these Credit Ratings is stable. The company also receives additional rating enhancement from its parent, Penn Mutual Life Insurance Company.
Cigna Health and Life Insurance Company has agreed to pay $236,900 to settle Virginia Bureau of Insurance allegations that a review of its business in 2018 and 2019 found 947 violations and instances of noncompliance with state insurance law and regulations. In making the settlement agreement and accepting the corrective action plan, Cigna regional Vice…
AM Best has upgraded the Long-Term Issuer Credit Ratings to“ bb-” from“ b+” of Genworth Financial, Inc. and Genworth Holdings, Inc., as well their Long-Term Issue Credit Ratings. In addition, AM Best affirmed the Financial Strength Rating of B- and the Long-Term ICR of“ bb-” of Genworth Life and Annuity Insurance Company. Additionally, AM Best has affirmed the FSR of C++ and the…
Routine Matters: How a Regular Wellness Exam Helped Identify Prostate Cancer Early Wed, 08/28/2024- 09:00 Type of Content Article Layout Standard Format Body. Personal health and fitness have always been important to Nigel Graham— volunteer firefighter, Northern Ireland native, Spartan ® race veteran and key member of the Aflac flock in Columbia, South…
RICHMOND- Cigna Health and Life Insurance Company has agreed to pay $236,900 to settle Virginia Bureau of Insurance allegations that a review of its business in 2018 and 2019 found 947 violations and instances of noncompliance with state insurance law and regulations. In making the settlement agreement and accepting the corrective action plan, Cigna…
Cigna Health and Life Insurance Company has agreed to pay $236,900 to settle Virginia Bureau of Insurance allegations that a review of its business in 2018 and 2019 found 947 violations and instances of noncompliance with state insurance law and regulations. In making the settlement agreement and accepting the corrective action plan, Cigna regional Vice…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company, Forethought Life Insurance Company, Accordia Life and Annuity Company, and its affiliates, Global Atlantic Re Limited and Global Atlantic Assurance…
PEMBROKE, Bermuda—- Arch Capital Group Ltd. today announced Daniel“ Dan” J. Houston and Neal Triplett will join the Company’ s Board of Directors, effective immediately. Mr. Houston also serves as an active member of the Business Roundtable and the Fortune CEO Initiative, as well as the Chair of the Tax Committee for the American Council of Life Insurers.
While Social Security is a significant part of a retirement strategy, the majority of Americans lack knowledge about the benefit, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America. More than half of Americans say they do not know much about Social Security or how it will fit into their retirement plan.
Life is full of life-changing moments. Moving to a different city, starting a new job, becoming a first-time parent. For a 40- year-old in the market for a 20- year, $500,000 term life policy, the average cost of life insurance is just $26 a month, according to Covr Financial Technologies, a life insurance brokerage.
Business commencement date: March 21, 1988. The Summary of Solvency Report for First Half of 2024 is prepared in accordance with applicable regulations including the Regulatory Rules on Solvency of Insurance Companies released by the former China Banking and Insurance Regulatory Commission and the National Financial Regulatory Administration's…
Mayor Eric Adams and the New York City Commission on Human Rights announced the settlement— the largest of its kind in city history— on Aug. 22. The company runs a massive housing complex of over 6,000 units in a planned community originally established by Metropolitan Life insurance company. The Bronx Times left a message for the company but did not receive a…
COLUMBUS, Ga., August 23, 2024/ CSRwire/- When it comes to taking care of their health, there are a few simple things that young people may be missing: making and keeping appointments with their primary care physicians, and leaning too heavily on urgent care and the emergency room for their primary care. This, according to Doctor Mike Varshavski, is supported by the…
AM Best has affirmed the Financial Strength Rating of A+ the Long-Term Issuer Credit Rating to“ aa-” of the members of Allstate Insurance Group. In addition, AM Best has affirmed the FSR of B and the Long-Term ICR of“ bb” of the members of Castle Key Group. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and all existing Long-and Short-Term Issue Credit Ratings…
In addition, AM Best has removed from under review with developing implications and affirmed the FSR of A- and the Long-Term ICR of“ a-” of Ozark National Life Insurance Company. The ratings of NWLIC were placed under review with negative implications on Oct. 11, 2023, following the announcement that National Western and S. USA Life Insurance Company, Inc., a…
A federal appeals court gave a partial win to a Connecticut man claiming that AXA Equitable allowed his life insurance policies to lapse without any payment reminder.