Fidelity & Guaranty Life

American Equity Names Graham Day to lead Eagle Life

Retrieved on: 
Tuesday, September 29, 2020

American Equity Investment Life Holding Company (NYSE: AEL) (American Equity) announced today that Graham Day will become President of Eagle Life Insurance Company, a subsidiary of American Equity.

Key Points: 
  • American Equity Investment Life Holding Company (NYSE: AEL) (American Equity) announced today that Graham Day will become President of Eagle Life Insurance Company, a subsidiary of American Equity.
  • Graham brings over 20 years of sales and sales leadership experience to his role with Eagle Life.
  • American Equity Investment Life Holding Company, a New York Stock Exchange listed company (NYSE: AEL), is headquartered in West Des Moines, Iowa.
  • The company is a wholly-owned subsidiary of American Equity Investment Life Insurance Company, headquartered in West Des Moines, Iowa.

Ebix Partners with F&G as One of Industry’s First to Adopt Path-breaking & Most Powerful Data Analytics Tool for Insurance Sales

Retrieved on: 
Tuesday, September 1, 2020

WinFlex Analytics interprets actual producer behavior to reveal how products are being framed during pre-sales.

Key Points: 
  • WinFlex Analytics interprets actual producer behavior to reveal how products are being framed during pre-sales.
  • Carriers can use that information to accelerate revenue and market share growth by identifying sales activity trends involving their product portfolios.
  • In a data-driven world, Ebix has delivered a platform that is certain to have a significant impact on our partners and policyholders.
  • Fidelity & Guaranty Life Insurance Company provides annuities and life insurance for over 700,000 policyholders across the United States, except New York.

United Insurance Holdings Corp. Declares Quarterly Cash Dividend of $0.06 Per Share

Retrieved on: 
Tuesday, July 28, 2020

United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors declared a cash dividend of $0.06 per share of common stock outstanding, payable in cash on August 18, 2020 to shareholders of record on August 11, 2020.

Key Points: 
  • United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors declared a cash dividend of $0.06 per share of common stock outstanding, payable in cash on August 18, 2020 to shareholders of record on August 11, 2020.
  • Founded in 1999, UPC Insurance is an insurance holding company that sources, writes and services personal and commercial residential property and casualty insurance policies using a group of wholly owned insurance subsidiaries through a variety of distribution channels.
  • The Company currently writes policies in Connecticut, Florida, Georgia, Hawaii, Louisiana, Massachusetts, New Jersey, New York, North Carolina, Rhode Island, South Carolina and Texas.
  • From its headquarters in St. Petersburg, UPC Insurance's team of dedicated professionals manages a completely integrated insurance company, including sales, underwriting, customer service and claims.

Barron’s Names Global Atlantic Annuities Among 100 Best Annuities

Retrieved on: 
Tuesday, July 21, 2020

Global Atlantic Financial Group , a leading U.S.-focused retirement, life insurance and reinsurance company, today announced its inclusion in the annual Barrons list of the Best Annuities .

Key Points: 
  • Global Atlantic Financial Group , a leading U.S.-focused retirement, life insurance and reinsurance company, today announced its inclusion in the annual Barrons list of the Best Annuities .
  • Our fixed and fixed index annuities, issued by Forethought Life Insurance Company, were recognized by Barrons in multiple categories, highlighting our Immediate and Deferred Income Annuities, Fixed Annuities and Fixed-Indexed Annuities.
  • In July, A.M. Best reaffirmed an FSR of A (Excellent Third highest of 13) for Global Atlantics insurance companies.
  • Global Atlantic Financial Group (Global Atlantic) is the marketing name for Global Atlantic Financial Group Limited and its subsidiaries, including Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, Forethought Life Insurance Company and Global Atlantic Re Limited.

American National Insurance Company Announces Completion of Holding Company Reorganization

Retrieved on: 
Thursday, July 2, 2020

GALVESTON, Texas, July 02, 2020 (GLOBE NEWSWIRE) -- American National Insurance Company (ANICO) today announced that it has completed its previously announced holding company reorganization.

Key Points: 
  • GALVESTON, Texas, July 02, 2020 (GLOBE NEWSWIRE) -- American National Insurance Company (ANICO) today announced that it has completed its previously announced holding company reorganization.
  • Pursuant to such reorganization, American National Group, Inc. (NASDAQ: ANAT), a Delaware corporation (American National), is now the parent company of ANICO and has replaced it as the publicly held corporation.
  • American National Insurance Company, founded in 1905 and headquartered in Galveston, Texas, and other American National subsidiaries offer a broad portfolio of products and services, which include life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products.
  • Major insurance subsidiaries include American National Insurance Company, American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property and Casualty Company, Garden State Life Insurance Company, Standard Life and Accident Insurance Company, Farm Family Casualty Insurance Company and United Farm Family Insurance Company.

Nassau Financial Group Completes Acquisition of Foresters Life Insurance and Annuity Company

Retrieved on: 
Wednesday, July 1, 2020

Nassau Financial Group, L.P. (Nassau) today announced that it has completed the acquisition of Foresters Life Insurance and Annuity Company (FLIAC) from The Independent Order of Foresters.

Key Points: 
  • Nassau Financial Group, L.P. (Nassau) today announced that it has completed the acquisition of Foresters Life Insurance and Annuity Company (FLIAC) from The Independent Order of Foresters.
  • Nassau plans to merge FLIAC into Nassau Life Insurance Company, Nassaus New York domiciled life insurance company.
  • Based in Hartford, CT, Nassau Financial Group is an insurance and financial services company with four segments including insurance, reinsurance, distribution and asset management.
  • Nassau sells fixed annuities and other insurance products through Nassau Life and Annuity Company and Nassau Life Insurance Company.

United Insurance Holdings Corp. Declares Quarterly Cash Dividend of $0.06 Per Share

Retrieved on: 
Tuesday, May 5, 2020

United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors declared a cash dividend of $0.06 per share of common stock outstanding, payable in cash on May 26, 2020 to shareholders of record on May 19, 2020.

Key Points: 
  • United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors declared a cash dividend of $0.06 per share of common stock outstanding, payable in cash on May 26, 2020 to shareholders of record on May 19, 2020.
  • Founded in 1999, UPC Insurance is an insurance holding company that sources, writes and services personal and commercial residential property and casualty insurance policies using a group of wholly owned insurance subsidiaries through a variety of distribution channels.
  • The Company currently writes policies in Connecticut, Florida, Georgia, Hawaii, Louisiana, Massachusetts, New Jersey, New York, North Carolina, Rhode Island, South Carolina and Texas.
  • From its headquarters in St. Petersburg, UPC Insurance's team of dedicated professionals manages a completely integrated insurance company, including sales, underwriting, customer service and claims.

North American Company Launches New Indexed Universal Life Product

Retrieved on: 
Friday, February 21, 2020

WEST DES MOINES, Iowa, Feb. 21, 2020 (GLOBE NEWSWIRE) -- WEST DES MOINES, IA, Feb. 21, 2020 North American Company for Life and Health Insurance , a member of SammonsFinancial and one of Americas preeminent life insurance and annuities companies, is introducing a new Indexed Universal Life (IUL) insurance product.

Key Points: 
  • WEST DES MOINES, Iowa, Feb. 21, 2020 (GLOBE NEWSWIRE) -- WEST DES MOINES, IA, Feb. 21, 2020 North American Company for Life and Health Insurance , a member of SammonsFinancial and one of Americas preeminent life insurance and annuities companies, is introducing a new Indexed Universal Life (IUL) insurance product.
  • North American Company for Life and Health Insurance is a member ofSammonsFinancial.Since 1886, North American has established a tradition of providing quality insurance products to consumers throughout the U.S. We offer a comprehensive portfolio ofterm, universal life and indexed universal life insurance products.
  • Sammons FinancialSM is the marketing name for Sammons Financial Group, Inc. and its member companies, including North American Company for Life and Health Insurance.
  • Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, North American Company for Life and Health Insurance.

The Standard Promotes Christopher Beaulieu to Vice President of Individual Annuities and Fixed Income

Retrieved on: 
Wednesday, February 12, 2020

Standard Insurance Company ("The Standard) announced today that Christopher Beaulieu has been promoted to vice president of Individual Annuities and Fixed Income.

Key Points: 
  • Standard Insurance Company ("The Standard) announced today that Christopher Beaulieu has been promoted to vice president of Individual Annuities and Fixed Income.
  • View the full release here: https://www.businesswire.com/news/home/20200212005048/en/
    Christopher Beaulieu, Vice President of Individual Annuities and Fixed Income, The Standard (Photo: Business Wire)
    Beaulieu joined The Standard in 2015 as assistant vice president of Investments where he has been leading an investment team responsible for fixed income investments in public markets.
  • In his new role, Beaulieu will add responsibility for the Individual Annuities product line including individual annuity sales, marketing, actuarial, operations and administrative teams.
  • Before coming to The Standard, Beaulieu served as head of corporate portfolio management for Penn Mutual Life Insurance Company.

AM Best Comments on the Credit Ratings of Fidelity & Guaranty Life Holdings, Inc. Following Acquisition Announcement

Retrieved on: 
Friday, February 7, 2020

The Credit Ratings of Fidelity & Guaranty Life Group were affirmed on Nov. 6, 2019.

Key Points: 
  • The Credit Ratings of Fidelity & Guaranty Life Group were affirmed on Nov. 6, 2019.
  • Fidelity & Guaranty Life Group will continue to operate under its existing structure as a subsidiary of FNF with the management team and all legal entities intact.
  • AM Best expects that Fidelity & Guaranty Life Group may benefit from enhanced financial flexibility and distribution opportunities under its new parent going forward.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .