All the headlines from our Life Insurance Topic Page, ordered by recency.
Aug 4 2006 // Houston-based HCC Insurance Holdings, Inc. announced today that the Company had reached an agreement to acquire the assets of Allianz Life Insurance Company of North America’s Health Products Division for a cash...
Jul 14 2006 // Aviva PLC, Britain’s largest insurance company, said Thursday it will take over U.S. life insurance company AmerUs Group Co. in a $2.9 billion deal that will expand the U.K. insurer’s reach into the U.S....
Jul 10 2006 // Some 25,000 minority North Carolinians victimized by race-based premiums could benefit from a settlement agreed upon by Western and Southern Life Insurance Co. and the North Carolina Department of Insurance. The company...
Jun 27 2006 // Independent agents that sell travel insurance will be interested in the outcome of Florida’s Freedom to Travel Bill, HB299, but the Travel Assist Network, asked for clarity in a debate about the differences between...
Jun 22 2006 // Minnesota Life Group Life Insurance announced the opening of four new offices across the nation to accommodate rapid growth.The newest offices are in the Chicago, Los Angeles, and Charleston, W.V. areas. The Manhattan...
Jun 21 2006 // The Florida Department of Financial Services has released its annual “Top-10 Fraud List,” summarizing 10 of the costliest or boldest securities, finance and insurance fraud scams investigated by the DFS...
May 31 2006 // Japan’s non-life insurers posted largely improved profits in fiscal 2005, bouncing back from the previous year’s uncommonly harsh string of natural disasters, according to a report published today by Standard...
May 31 2006 // Cincinnati-based Great American Financial Resources, Inc. has announced that GAFRI has entered into an agreement with American Enterprise Mutual Holding Company through its affiliated companies whereby American Enterprise...
May 26 2006 // David Greenberg has been named president and chief executive officer of Rhode Island-based Brokers’ Service Marketing Group.In his new capacity, Greenberg, who is a partner in the life insurance and financial...
May 2 2006 // The Midland Company based in Ohio, announced that its wholly owned subsidiary, American Modern Insurance Group, reached an agreement to acquire all of the outstanding stock of Southern Pioneer Life Insurance...
Apr 25 2006 // Insurers are applauding a recent IRS/Treasury Department tax code ruling that settles the definition of “gross receipts” for property casualty insurers.The National Association of Mutual Insurance Companies...
Apr 21 2006 // Conseco, Inc., based in Carmel, Ind., announced that Daniel G. Walseth has been named executive vice president, general counsel and secretary of the company.“I am excited that Dan is joining our leadership...
Apr 21 2006 // A pastor whose soldier son died in Iraq was charged with spending $250,000 in insurance money meant for the soldier’s young daughter.Prosecutors said Janie Lee Espinoza spent all the cash on cars, jewelry, a Florida...
Apr 17 2006 // Fraud RoundupCalifornia Insurance Commissioner John Garamendi announced the conviction of former life insurance agent Bassem Btadini, 51, also known as Bob Btadini. Btadini entered a no contest plea and was convicted of...
Mar 28 2006 // Fitch Ratings has issued a report, “Bird-Flu – Will It Ruffle The Industry’s Feathers?” which indicates that “life insurers and their reinsurers would be most likely to be the hardest hit by a...
Mar 23 2006 // Torchmark Corporation announced it is moving its corporate headquarters to McKinney, Texas, from Birmingham, Ala. McKinney, a north Dallas suburb, has been the home of one of Torchmark’s subsidiaries, United American...
Mar 20 2006 // Chicago-based Fort Dearborn Life Insurance Company, a subsidiary of Health Care Service Corporation., a Mutual Legal Reserve Company, has announced its intent to acquire the life and disability business of Highmark Life...
Mar 6 2006 // Genworth Financial Inc. announced it is launching a comprehensive campaign for the Hispanic communities in Corpus Christi and Rio Grande Valley designed to increase awareness about the importance of having a financial...
Mar 2 2006 // Germany’s Allianz announced on its Web site (www.allianz.com) that it has launched its first joint life and non-life insurance Sales Center in Shenzhen, China. “The Center maximizes the synergies between...
Feb 28 2006 // The Michigan Office of Financial and Insurance Services issued a statement this week saying that a consent order requiring the Western and Southern Life Insurance Company was issued requiring the companies make amends for...