AM Best has downgraded the Financial Strength Rating to C+ from B and the Long-Term Issuer Credit Rating to“ b-” from“ bb+” of Atlantic Coast Life Insurance Company and Sentinel Security Life Insurance Company. Both companies are collectively referred to as A-CAP Group. Concurrently, AM Best has maintained the under review with negative implications status for…
More Stories
Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc., today announced new research from its principal subsidiary, Protective Life Insurance Company, examining how financial professionals can retain client relationships as wealth passes between generations. Conducted in partnership with Greenwald Research, the study focuses on the…
AM Best will speak at the American Council of Life Insurers Annual Conference, which will take place Oct. 14-16, 2026, in Orlando, FL.. Kenneth Frino, managing director, and Erik Miller, senior director, both of AM Best, will deliver a presentation, titled,“ Life and Annuity Segment in Transition,” during which they will focus on operating results across the life/annuity…
The post-AEP growth strategy every Medicare agent should know
Instead of waiting until January to begin prospecting, successful agents start planting the seeds now.
How life insurance can provide liquidity for wealthy families
Life insurance can play a key role in a client’s financial plan, offering a source of liquidity that doesn’t depend on market conditions.
Wyoming is known for many things: wideopen spaces, resilient communities, and weather so unpredictable that even lifelong residents are kept guessing. While you can't control the wind-or the sudden temperature drop that hits right when you left your jacket at home-you can prepare for life's uncertainties. Good news: The Wyoming Department of Insurance is…
—A federal judge won’ t prematurely end a class action accusing State Farm of misleading thousands of life insurance customers by selling policies issued by a company it knew was facing a massive capital shortfall. District Judge Virginia Kendall denied State Farm’ s motion to dismiss a complaint from clients in nine states who bought PHL Variable Life…
AM Best has assigned a Financial Strength Rating of A++ and a Long-Term Issuer Credit Rating of“ aa+” to Lasso Healthcare Insurance Company. The outlook assigned to these Credit Ratings is stable. The assessment also considers the financial support provided by its parent, HCC Life Insurance Company.
A-Cap insurers face new takeover push in South Carolina
South Carolina insurance regulators are taking another shot at placing two Advantage Capital Partners-owned insurers into rehabilitation.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Allianz Ayudhya General Insurance Public Company Limited. The outlook of these Credit Ratings is stable. Concurrently, AM Best has assigned a Thailand National Scale Rating of aaa.TH to AAGI.
Winged Keel Group is excited to announce the addition of Scott Henderson as a Senior Director and Client Relationship Manager. Based in Ohio, Henderson will support Winged Keel’ s continued growth by expanding the firm’ s relationships with financial institutions and advisors across Ohio, Michigan, and Indiana, further strengthening the firm’ s presence in the…
Broken down, that is $375,673.54 for "two years' salary, bonuses, health, disability and life insurance, retirement contributions, vacation, PTO, education and training reimbursements, and all other pay and benefits for which Dr. Sheckles received and/or would have received as Principal of Wynn Habersham Elementary School," $250,000 for "damage to reputation, pain,…
OKLAHOMA CITY— The state Insurance Department announced that Oklahoma consumers matched with more than a quarter of a billion dollars in life insurance and annuity benefits through the Life Insurance Policy Locator. Since January 2017, more than 13,000 Oklahoma residents have submitted search requests, which resulted in confirmed matches totaling $260…
40% of Americans believe Medicare will pay for LTC
Nearly 40% of middle-class Americans said they plan to use Medicare to cover their future long-term care expenses – even though Medicare doesn’t cover LTC.
North Country Assemblyman Ken Blankenbush, R- Black River, was honored with the Distinguished Insurance Service Award from the Professional Insurance Agents of New York State Inc. during the organization's annual business meeting in Albany. Blankenbush represents the 117th Assembly District, which includes all of Lewis County and parts of St. Lawrence,…
MONTPELIER, Vt.—- National Life Group has been recognized on Forbes list of America’ s Best Insurance Companies 2027, previously making the list in 2024 and 2025. The award list was announced on September 15, 2026, and can be viewed on the Forbes website. America’ s Best Insurance Companies 2027 ranking is based on an independent survey of over 18,000 U.S. citizens.
New York Life today added an optional Extended No Lapse Guarantee Rider to SVUL Accumulator II, its survivorship variable universal life insurance solution. The product is available in most states through New York Life financial professionals. They are asking how to protect it, how to transfer it efficiently, and how to make sure their plans hold up over time,”…
SS&C Technologies Holdings, Inc., in partnership with DPL Financial Partners, today expanded insurance solutions within SS&C Black Diamond ® Wealth Solutions’ Annuities& Insurance Marketplace. Additionally, Jackson National Life Insurance Company and Protective Life Insurance Company have joined AIM, increasing the platform’s integrated carrier…
OKLAHOMA CITY— In connection with Life Insurance Awareness Month, Oklahoma consumers have been matched with $260 million in life insurance and annuity benefits through the Life Insurance Policy Locator, according to the Oklahoma Insurance Department. The free service, hosted by the National Association of Insurance Commissioners, securely checks…
Japan's Government Pension Investment Fund has almost as many foreign assets as the government has FX reserves. Japan's FX reserves are on the books of the Ministry of Finance and the GPIF is on the books of the Ministry of Health, Welfare and Laborso these are almost all assets of the Government of Japan, not its central bank. Korea's National Pension Service has…
