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Life Insurance Company News

Phoenix Announces New Partnership To Sell Indexed Life Insurance - Hartford Courant


Phoenix Announces New Partnership To Sell Indexed Life Insurance
Hartford Courant
By MATTHEW STURDEVANT, msturdevant@courant.com The Hartford Courant The Phoenix Cos. said Monday it has a distribution agreement to help sales of life insurance, which is still a tiny fraction of the revenue the company had before 2009.
Phoenix Launches New Distribution Agreement with National Agents AllianceMarketWatch (press release)

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Independence Holding Company Announces Special 10% Stock Dividend and Increase ... - MarketWatch (press release)


Independence Holding Company Announces Special 10% Stock Dividend and Increase ...
MarketWatch (press release)
IHC is a holding company principally engaged in the life and health insurance business and the acquisition of blocks of policies through its insurance company subsidiaries (Standard Security Life Insurance Company of New York, Madison National Life ...

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EIN News Launches China Life Insurance Daily Report - Einnews Portugal


EIN News Launches China Life Insurance Daily Report
Einnews Portugal
EIN News, a leading media monitoring company since 1995, has announced the launch of China Life Insurance Daily Report. WASHINGTON, DC, February 06, 2012 /24-7PressRelease/ -- EIN News, a leading media monitoring company since 1995, has announced the ...

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Crump sells Life, Property & Casualty Insurance Divisions to BB&T - Insurance Business Review


LifeHealthPro

Crump sells Life, Property & Casualty Insurance Divisions to BB&T
Insurance Business Review
Crump Group Insurance (CGI) has decided to sell its life insurance and property and casualty insurance divisions to BB&T along with the rights to the Crump name. The acquisition of CGI is expected to double BB&T's wholesale insurance business with ...
BB&T to Purchase Crump GroupZacks.com
BB&T Acquires Life and P&C Divisions from Crump GroupLifeHealthPro
Crump Group, Inc. Announces Sale of Life and Property & Casualty Insurance ...EON: Enhanced Online News (press release)
Bloomberg -Linex Legal (press release) (registration)
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BB&T buys insurance company for $570 million - Winston-Salem Journal


Bloomberg

BB&T buys insurance company for $570 million
Winston-Salem Journal
BB&T Corp. said today it has made the largest deal in its history for an insurance company, buying the life, property and casualty-insurance operating divisions of Crump Group Inc. for $570 million in cash. Crump, based in Roseland, NJ, is the largest ...
Crump Group, Inc. Announces Sale of Life and Property & Casualty Insurance ...MarketWatch (press release)
BB&T to acquire Crump Group units for $570 millionCBS News
BB&T Buys Crump Group Inc. for $570 MillionLoanSafe
Sacramento Bee -Wall Street Journal
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Seven More States, Prudential Settle National Death Master File Investigation ... - Insurance News Net (press release)


Seven More States, Prudential Settle National Death Master File Investigation ...
Insurance News Net (press release)
By Jeff Jeffrey Prudential Insurance Co. has entered into a $17 million settlement with seven states to help conclude an investigation into how the company uses the Social Security Administration's Death Master File to find life insurance policyholders ...
Life Insurer "Death Master" Investigation Leads to Multi-State Regulatory ...JD Supra (press release)

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Long-time California Lobbyist Looks to 2012 Legislation That May Impact Insurance - Insurance Journal


Long-time California Lobbyist Looks to 2012 Legislation That May Impact Insurance
Insurance Journal
Among his long list of clients, Norwood represents IBA West, California Wholesalers Association, Liberty Mutual Group, Pacific Life Insurance Co., The Surplus Line Association of California and Zenith Insurance Co. Norwood spoke to the Insurance ...

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A.M. Best Upgrades Ratings of Cigna Life Insurance Company of Europe SA-N.V. - Insurance News Net (press release)


A.M. Best Upgrades Ratings of Cigna Life Insurance Company of Europe SA-N.V.
Insurance News Net (press release)
AM Best Europe – Rating Services Limited has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Cigna Life Insurance Company of Europe SA-NV . (CLICE) ( Belgium ).

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Torchmark Corp Q4 Profit Declines, But Tops Estimate - Quick Facts - NASDAQ


Torchmark Corp Q4 Profit Declines, But Tops Estimate - Quick Facts
NASDAQ
The company reported insurance premium revenues from continuing operations of $659.9 million, up from $655.2 million in the same quarter last year. Insurance underwriting income for the quarter improved to $121.5 million from $119 million last year.
Torchmark Corporation Reports Fourth Quarter And Year-End 2011 ResultsMarketWatch (press release)

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