Bankers Life

AM Best Affirms Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries

Retrieved on: 
Thursday, February 15, 2024

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO].

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO].
  • These subsidiaries are referred to collectively as CNO Financial Group (CNO).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of CNO Financial Group, Inc.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Federman & Sherwood Investigates Bankers Life and Casualty Company for Data Breach

Retrieved on: 
Friday, February 2, 2024

The law firm of Federman & Sherwood has initiated an investigation into Bankers Life and Casualty Company with respect to their recent data breach.

Key Points: 
  • The law firm of Federman & Sherwood has initiated an investigation into Bankers Life and Casualty Company with respect to their recent data breach.
  • On January 26, 2024, Bankers Life and Casualty Company notified individuals that the company experienced a data breach after an unauthorized party accessed sensitive consumer data entrusted to the company.
  • According to Bankers Life and Casualty Company, they determined that information stored on their servers may have been subject to unauthorized access on November 28, 2023.
  • Bankers Life and Casualty Company determined that the information exposed in the data breach includes: name, date of birth, Social Security number, and policy number.

Bankers Life Introduces New Flexible Premium Bonus Indexed Annuity

Retrieved on: 
Tuesday, October 10, 2023

CHICAGO, Oct. 10, 2023 /PRNewswire/ -- Bankers Life, a national life and health insurance brand that focuses on the insurance needs of Americans who are near or in retirement, announced today that it is expanding its annuities portfolio by introducing the Flexible Premium Bonus Indexed Annuity (FPBIA).

Key Points: 
  • CHICAGO, Oct. 10, 2023 /PRNewswire/ -- Bankers Life , a national life and health insurance brand that focuses on the insurance needs of Americans who are near or in retirement, announced today that it is expanding its annuities portfolio by introducing the Flexible Premium Bonus Indexed Annuity (FPBIA).
  • The Bankers Life FPBIA is designed with stability and flexibility in mind to help customers create a guaranteed lifetime income stream for retirement.
  • "If you're nearing or in retirement, Bankers Life Flexible Premium Bonus Indexed Annuity can help you protect and build your nest egg," said Scott Goldberg, president of the Consumer Division, CNO Financial Group.
  • Each premium receives a bonus that vests over time.

Capital Square Hires Industry Veteran Megan Bosch as Senior Regional Vice President of Mid-Atlantic Sales

Retrieved on: 
Thursday, September 28, 2023

RICHMOND, Va., Sept. 28, 2023 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced today that industry veteran Megan Bosch has joined the firm as senior regional vice president, Mid-Atlantic sales. In her new role, Bosch will provide sales and marketing support for broker-dealers, registered representatives and registered investment advisors throughout Virginia, West Virginia, the District of Columbia, Delaware, Kentucky, Maryland, New Jersey, Ohio, and Pennsylvania.

Key Points: 
  • RICHMOND, Va., Sept. 28, 2023 /PRNewswire/ -- Capital Square , one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced today that industry veteran Megan Bosch has joined the firm as senior regional vice president, Mid-Atlantic sales.
  • "We are pleased to report that Megan Bosch, our friend and colleague, has joined Capital Square as senior regional vice president of Mid-Atlantic sales," said Louis Rogers, founder and co-chief executive officer of Capital Square.
  • Prior to joining Capital Square, Bosch served as vice president, strategic accounts – Altigo at WealthForge Technologies, where she was the founding salesperson actively representing WealthForge and Altigo throughout the financial services industry.
  • Megan is an exceptional addition to the Capital Square sales team and will play an integral role in expanding our relationships with financial advisors throughout the Mid-Atlantic region."

CNO Financial Group and Bankers Life Support the Alzheimer's Association with more than $407,000 in Donations in its 21st Annual Fundraising Campaign

Retrieved on: 
Tuesday, August 22, 2023

The 2023 CNO and Bankers Life contribution includes a $200,000 corporate donation and $187,800 in public donations raised during the 21st annual Forget Me Not Days® fundraising campaign.

Key Points: 
  • The 2023 CNO and Bankers Life contribution includes a $200,000 corporate donation and $187,800 in public donations raised during the 21st annual Forget Me Not Days® fundraising campaign.
  • "The Alzheimer's Association is deeply appreciative of CNO Financial Group and Bankers Life for its ongoing commitment to our mission," said Donna McCullough, chief mission and field operations officer, Alzheimer's Association.
  • Since 2003, CNO and Bankers Life have helped raise nearly $7.5 million for the Alzheimer's Association through its Forget Me Not Days campaign and corporate donations.
  • This includes corporate donations through tax credit scholarship programs, corporate donations to nonprofit organizations, donations from associates and community fundraising.

AM Best Revises Outlooks to Stable for Universal Insurance Company; Affirms Credit Ratings of Universal Life Insurance Company

Retrieved on: 
Friday, July 7, 2023

At the same time, AM Best has affirmed the FSR of B+ (Good) and the Long-Term ICR of “bbb-” (Good) of Universal Life Insurance Company (ULICO).

Key Points: 
  • At the same time, AM Best has affirmed the FSR of B+ (Good) and the Long-Term ICR of “bbb-” (Good) of Universal Life Insurance Company (ULICO).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Thirty Women Financial Advisors Recognized by Bankers Life

Retrieved on: 
Friday, March 10, 2023

CHICAGO, March 10, 2023 /PRNewswire/ -- Bankers Life, a national life and health insurance brand that focuses on the insurance needs of Americans who are near or in retirement, announced its Top Women Financial Advisors for 2023.

Key Points: 
  • CHICAGO, March 10, 2023 /PRNewswire/ -- Bankers Life, a national life and health insurance brand that focuses on the insurance needs of Americans who are near or in retirement, announced its Top Women Financial Advisors for 2023.
  • The Top Women Financial Advisors program is a Bankers Life internal incentive awarded to the company's top-performing women financial advisors.
  • The campaign showcases "The Best of the Best" women financial advisors representing Bankers Life Securities, Inc. and Bankers Life Advisory Services, Inc.
    "This elite group of advisors are making a significant impact in helping to secure the financial future of our clients," said Cheryl Heilman, president of Bankers Life Securities, Inc. (BLS) and Bankers Life Advisory Services, Inc. (BLAS).
  • "Our Top Women Financial Advisors winners are passionate about educating clients on the importance of financial education.

AM Best Affirms Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries

Retrieved on: 
Wednesday, February 1, 2023

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO].

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO].
  • These subsidiaries are referred to collectively as CNO Financial Group (CNO).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of CNO Financial Group, Inc.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

CNO Financial Group Elevates Executive Leadership Roles, Names Jean Linnenbringer Chief Operations Officer and Mike Mead Chief Information Officer

Retrieved on: 
Thursday, December 8, 2022

CARMEL, Ind., Dec. 8, 2022 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced it is elevating two key senior leaders to the company's Executive Leadership Group: Jean Linnenbringer as chief operations officer and Mike Mead as chief information officer.

Key Points: 
  • CARMEL, Ind., Dec. 8, 2022 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced it is elevating two key senior leaders to the company's Executive Leadership Group: Jean Linnenbringer as chief operations officer and Mike Mead as chief information officer.
  • "Over the last several years, CNO has advanced our operations and technology capabilities to execute against our strategic growth priorities," said Gary C. Bhojwani, chief executive officer.
  • "Jean and Mike are seasoned insurance executives who are already responsible for the day-to-day management of our operations and technology functions.
  • Linnenbringer and Mead succeedBruce Baude, chief operations and technology officer, who is leaving his current role as ofDecember 31, 2022.

CNO Financial Group Announces Corporate Donation to the African American Alliance of CDFI CEOs

Retrieved on: 
Monday, November 7, 2022

CARMEL, Ind., Nov. 7, 2022 /PRNewswire/ -- CNO Financial Group (NYSE: CNO) announced today a contribution of $50,000 to the African American Alliance of CDFI CEOs (The Alliance), a coalition of more than 69 CEOs of Black-led community development financial institutions (CDFIs), committed to social and economic justice for African American communities.

Key Points: 
  • CARMEL, Ind., Nov. 7, 2022 /PRNewswire/ -- CNO Financial Group (NYSE: CNO) announced today a contribution of $50,000 to the African American Alliance of CDFI CEOs ( The Alliance ), a coalition of more than 69 CEOs of Black-led community development financial institutions (CDFIs), committed to social and economic justice for African American communities.
  • Our organization is honored to support The Alliance CEOs who are leading and empowering both financial services and social impact, all while elevating Black community leaders."
  • "Thanks to the CNO Financial Group for selecting the Alliance for an investment in our mission to reduce the racial wealth gap.
  • The African American Alliance of CDFI CEOs (The Alliance) is a coalition of more than 69 CEOs of Black-led Community Development Financial Institutions (CDFIs), comprising loan funds, credit unions, venture capital firms, and non-profit developers.