All articles by Verdict Staff

Verdict Staff

CNA to sell Continental Assurance Company to Wilton Re

CNA Financial Corp, a global insurance firm, has signed a definitive agreement to sell its life and group insurance business to a subsidiary of Wilton Re Holdings (Wilton Re), in a transaction valued at approximately $615m.

Prudential reports Q4 net loss of $460m

Prudential Financial has reported consolidated net loss of $460m for the fourth quarter of 2013, compared to a net loss of $203m during the comparable period last fiscal.

Fidelity & Guaranty Life posts $42.7m Q1 profit

Fidelity & Guaranty Life has reported a net income to $42.7m in Q1 2014, compared to a net income of $110.6m in the same quarter last year.

John Hancock improves life insurance online services with electronic signatures

John Hancock Insurance has introduced electronic signatures, an addition to the company’s life insurance online services.

American Family Insurance to roll out MyLife policy through Frank Medina Agency

American Family Insurance is set to roll out its new MyLife policy, which will cover both short-and long-term needs of customers, through Frank Medina Agency.

AXA Equitable Life Insurance rebrands as AXA

AXA Equitable Life Insurance Company, the primary US subsidiary of the global AXA Group, has simplified its umbrella brand in the country to AXA.

MetLife unveils new term life insurance product

US-based MetLife has rolled out its latest offering, known as Simplified Issue Term Life insurance, which consumers can easily qualify for and afford to become insured.

Protective Life Insurance introduces redesigned consumer website

Protective Life Insurance Company has launched its redesigned consumer website, offering expanded life insurance education and a broad financial learning center.

Lifesecure launches enhanced long term care insurance product

LifeSecure Insurance Company has introduced its LTC II with Shareability Option for the individual and multi-life markets.

Genworth appoints new president & CEO for US Life Insurance Division

Genworth Financial has appointed James Boyle as president and chief executive officer of its US Life Insurance Division (USLI) and executive vice president of the company.