The Nassau Companies of New York announced today the upsize and pricing of its previously announced private offering of its 7.875% senior notes due 2030. The Nassau Companies of New York intends to use the net proceeds from the Offering for general corporate purposes and to repay in full all outstanding amounts under the existing term loan credit facility.

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As a $90 trillion Great Wealth Transfer looms, more Americans say they are preparing to leave a financial legacy, yet fewer expect to receive one themselves.

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Foresters Financial introduces Foresters Live Well Plus, a new participating whole life insurance product available through a single-session digital journey.

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BetterLife — a member-owned, not-for-profit life insurance company — has launched Better Final Expense, an updated line of final expense products designed for a more streamlined approach to coverage.

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Winged Keel Group today announced its continued national expansion with the acquisition of MBW Group and opening of its Minneapolis office. The new Winged Keel Minneapolis office will be led by Principals Jeffery W. Bird and David A. Wischmeier and comprised of a team of experienced client relationship managers and brokerage service professionals.

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The Nassau Companies of New York announced today that it has commenced a private offering of $400 million aggregate principal amount of its senior notes due 2030, subject to market and other conditions. The Nassau Companies of New York intends to use the net proceeds from the offering for general corporate purposes and to repay in full all outstanding amounts...

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AM Best has maintained its negative outlook on France’ s non-life insurance segment. In its new Best’ s Market Segment Report,“ Market Segment Outlook: France Non-Life Insurance”, AM Best states that non-life insurance growth prospects are expected to remain limited over the next months, tied to modest GDP growth expectations. Headquartered in the United States,...

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The special master assigned to unwind disgraced financier Greg Lindberg's maze of companies says the impending sale of one of them will yield up to $300 million for fraud victims.

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The ratings of USAA and its P/C affiliates, together referred to as USAA Group, reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favorable business profile and appropriate enterprise risk management. USAA provides a diverse portfolio of products through its P/ C and L/ H insurers, as well as...

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AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of New York Life Insurance Company, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America, New York Life Group Insurance Company of NY and NYLIFE Insurance Company of Arizona. All companies are referred to as New York Life and...

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LITTLETON— Bringing drive and foresight, Paul McGoldrick was a pivotal man at a critical time. Paul passed away in 2015 after quite a career in Littleton. He moved to Littleton in 1964 with New England Telephone.

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Survivorship life insurance, often called “second-to-die life insurance,” covers two policyowners and pays a death benefit when both have died.

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Allianz Investment Management LLC, a subsidiary of Allianz Life Insurance Company of North America and adviser to the AllianzIM exchange-traded funds, today announced the launch of two ETFs: the AllianzIM U.S. Equity Buffer100 Protection ETF and the AllianzIM U.S. Equity Buffer15 ETF. Built on AllianzIM’ s deep expertise in risk management, both AIOO and QBSF...

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Ten years ago, John Hancock asked a bold question: What if we could build customers – and profits – by rewarding people for living well?

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Dearborn Group shifts focus to core health offerings as Symetra adds scale to growing Workforce Benefits business. CHICAGO& BELLEVUE, Wash.---- Dearborn Group, one of the nation’ s largest ancillary benefits providers, and Symetra Life Insurance Company, a national provider of life, retirement and employee benefit insurance products, today announced a definitive...

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Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older.

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A woman increased her stepdad’ s life insurance policy to $750,000, then 16 days later had her boyfriend kill him, Florida authorities said. A jury convicted 48- year-old Perry Stanley of first-degree murder and possession of a firearm by a convicted felon, the State Attorney’ s Office for the Seventh Judicial Circuit announced June 26. His girlfriend at the time,...

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Royal Neighbors of America has announced the launch of its new Jet Single Premium Whole Life product.

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People who have yet to associate the word' insurance' with adjectives like' friendly',' helpful' and' fun' have not met Farmers Agent, Lisa Beamer. Beamer, who won the Worland-Ten Sleep Chamber of Commerce Small Business of the Year award in 2025, has been serving the Worland community as an insurance agent for a decade and is passionate about what she does.

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Market volatility, recession fears, tariff uncertainties and other macroeconomic factors are driving many investors to rethink their long-term retirement and financial plans.

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Securian Financial today promoted John Heshelman to vice president and chief investment officer. John Heshelman, Securian Financial vice president and chief investment officer. Heshelman also provides investment market and portfolio insights to Securian Financial leaders, including the company’ s board of directors.

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On June 26, 2025, Venerable Holdings, Inc. announced a transaction with Corebridge Financial, Inc. pursuant to which it will reinsure approximately $51 billion of variable annuity business from American General Life Insurance Company and The US Life Insurance Company in the City of New York. Additionally, Venerable will acquire Corebridge’ s investment...

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Corebridge Financial, Inc. today announced that it has entered into an agreement with CS Life Re, a subsidiary of Venerable Holdings, Inc. to reinsure all the variable annuities of its Individual Retirement business, with account value totaling $51 billion as of March 31, 2025. The transaction is valued at $2.8 billion, consisting of both ceding commission and...

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“We’ re so proud that Pacific Protector Plus VUL was chosen to be a part of the State Farm portfolio. State Farm is committed to meeting customers’ needs with products and services to help customers manage the risks of everyday life and realize their dream. The design of Pacific Protector Plus VUL offers the opportunity for authorized State Farm agents to help...

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When asked to guess what the premium of a $250,000 20-year, level term policy would be for themselves, healthy adults in the 18–30-year-old range overestimated the median cost about 10–12 times more than its true cost.

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New York Life, America’ s largest 1 mutual life insurer, is proud to announce the launch of the New York Life Financial Empowerment Scholarship, reflecting the company’ s ongoing commitment to supporting students throughout major life events and expanding access to financial literacy. Those from the high school classes of 2025 and 2026 can apply now through 4...

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More Americans say that they are too nervous to invest right now and are worried about their retirement savings more than they have in the last six years as extreme market volatility ripples through the economy, according to the 2025 Q2 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America. Nearly half of all Americans say...

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After battling with regulators in Utah and South Carolina for much of the past 18 months, Advantage Capital and its...

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An Indiana woman suing NLV Financial Corp. and two life insurance subsidiaries over a 2023 indexed universal life policy that returned 0% is tacking on state claims in an amended complaint.

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Mr. Levine is the latest addition to Everest’ s expanding Board, following the Company’ s recent appointments of Darryl Page and John Howard. Mr. Levine currently serves on the Board of the American Council of Life Insurers, the Advisory Board for the Tamer Center for Social Enterprise at Columbia Business School and the Board of the Nantucket Boys& Girls Club.

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Credit union members are more likely than non-credit union members to have ancillary insurance protections— roadside assistance, vehicle and property protection, extended warranties, etc.— for their high-value purchases, according to a new study. Securian Financial, a provider of insurance and other protection products to credit unions, surveyed just over...

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In the world of life insurance, guarantees have reigned supreme. But new research suggests flexibility also may be highly valued.

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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Everlake Life Insurance Company and Everlake Assurance Company, collectively known as Everlake Life Group. Everlake Life is ultimately owned by Everlake Holdings, LP, and Blackstone Inc. is the ultimate parent company of the general partner of the vehicle...

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AM Best has commented that the Credit Ratings of the property/casualty members of Erie Insurance Group and Erie Family Life Insurance Company remain unchanged following the organization’ s announcement that it sustained an information security event, which has resulted in a widespread network outage impacting Erie’ s systems. On June 11, 2025, Erie filed a...

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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Hyundai Marine& Fire Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect HMF’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, favourable business profile and...

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Discussing the importance of owning life insurance can be a sensitive topic- after all, few people like to talk about death. However, if others depend on your support, or if you have substantial assets that you wish to transfer to future generations, life insurance can be an important financial tool. There are many types of insurance and features for you to consider...

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Both the Block 1 CLN and Block 2 CLN are in consideration of a variable funding surplus note issued by Redding Reassurance Company 3 LLC, a Missouri- domiciled special purpose financial captive reinsurer and a direct wholly owned subsidiary of Wilton Reassurance Company. Each VSN supports the excess reserves for a block of life insurance business retroceded...

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Carol died peacefully at Berkshire medical Hospital in Pittsfield Massachusetts on June 12, 2025. Carol attended a small grammar school in Albany Vermont and moved at a young age to Lee Massachusetts on High Lawn Farm. She was a home stitcher for Country Curtains, followed by working as a mail distributor for Berkshire Life Insurance Company.

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Armed Forces Benefit Association, and its affiliate, 5 Star Life Insurance Company, announced today the appointment of Xianmei Tang as Chief Actuary and Senior Vice President, Actuarial, effective June 13, 2025. AFBA and 5 Star Life appoints Xianmei Tang as Chief Actuary and Senior Vice President, Actuarial. Xianmei Tang, FSA, MAAA, PRM, LTCP, is a seasoned actuarial...

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Standard Insurance Company announced today that Latrina Edwards was named second vice president of Litigation and Employment. Latrina Edwards, Second Vice President of Litigation and Employment at The Standard. Edwards earned a bachelor’ s degree in business administration and management from Eastern Michigan University and her Juris Doctor from...

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Tikehau Capital, the global alternative asset management group, in partnership with Société Générale Assurances, CNP Assurances and CARAC Group, three leading insurers, announces the launch of an innovative private equity fund dedicated to the strategic sectors of defense, cybersecurity and European security. The fund, structured mainly around...

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Taiwan’ s domestic non-life insurance premium continued to increase in 2024, growing 10.5% to reach TWD 278.5 billion, according to a new AM Best report. The Best’ s Market Segment Report,“ Taiwan Non-Life Segment’ s Operating Performance Supported by Tighter Underwriting Guidelines,” also notes that this segment’ s overall capital& surplus level has continued to...

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5 Star Life Insurance Company has achieved a significant milestone for the third year in a row by securing a prominent position on Forbes’ list of the World’ s Best Insurance Companies 2025. This recognition is presented by Forbes and Statista Inc., an industry ranking provider and a leading statistics portal. “It’ s a testament to the trust we’ ve built in the...

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Publicly traded insurance companies showed strong financial performance in 2024 compared to the prior year, according to an analysis by Compensation Advisory Partners.

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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 $40 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...

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Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, today announced it has awarded $900,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. Jackson has awarded $150,000 each to Lansing- based Haven House, for its housing...

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Life insurance sales rose more than 2% in the first quarter, Wink, Inc. found in its Sales & Market Report.

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Winged Keel Group today announced the acquisition of BryanMark Group, a St. Louis- based provider of life insurance solutions to affluent and ultra-affluent clients. As part of the acquisition, BryanMark Group founder Jason Hackmann joins Winged Keel as a Principal and will lead the newly established office alongside his team of brokerage service...

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Global Indemnity Group, LLC today announced the appointment of Jason C. Murgio, Principal and Chief Executive Officer of Merger& Acquisition Services, Inc., to its Board of Directors, effective June 4, 2025. Mr. Murgio serves as a Principal and the Chief Executive Officer of Merger& Acquisition Services, Inc., as well as a director of each of Investors Heritage Life...

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Indexed universal life insurance policies are increasingly popular, offering a unique blend of life insurance coverage and investment potential.

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