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A.M. Best Places Ratings of CIGNA Life Insurance Company of Europe S.A. – N.V. under Review with Positive Implications
Posted: August 31st, 2010, 11:36am EDT
LONDON--(BUSINESS WIRE)--A.M. Best Co. has placed the financial strength rating of B++ (Good) and issuer credit rating of “bbb+” of CIGNA Life Insurance Company of Europe S.A. – N.V. (CLICE) (Belgium) under review with positive implications. The rating actions follow the acquisition of Vanbreda International NV by the CIGNA group. Although the acquired company will be held as a sister company to ... -
Working Parents with Minor Children Have More Life Insurance Coverage on Dad Than on Mom, According to MetLife Study
Posted: August 31st, 2010, 7:45am EDT
NEW YORK----A MetLife study has found that a gender gap in life insurance coverage exists between working, married men and women with children under the age of 18. According to findings released today from MetLife’s 8th Annual Study of Employee Benefits Trends, married men with minor children have, on average, five times their annual household income in life insurance coverage – if they have ... -
Insure.com Examines 8 Life Insurance Myths
Posted: August 31st, 2010, 6:30am EDT
Understanding common life insurance myths can help steer your insurance decisions in the right direction. -
Austin Ventures Forms Life Insurance Distribution Company With Bob Carter
Posted: August 31st, 2010, 5:03am EDT
AUSTIN, TX--(Marketwire - 08/31/10) - Austin Ventures, one of the nation's leading growth equity firms, announced today that it has formed a life insurance distribution company with Bob Carter, co-founder of National Financial Partners (NYSE). This new company will provide exclusive ownership opportunities for the nation's leading independent insurance producers. AV has invested $5 million and ... -
Many in U.S. can't afford life insurance
Posted: August 31st, 2010, 4:01am EDT
Thirty percent of U.S. households have no life insurance, and only 44 percent have individual life insurance -- both 50-year lows -- the latest survey from industry tracker Limra found. In 2009, insurance companies issued 9.4 million individual life insurance policies in the U.S., 1 million fewer than in 2004. -
Life Insurance Ownership Reaches 50 Year Low: AccuQuote Illustrates Ways to Save on Life Insurance During Hard ...
Posted: August 31st, 2010, 2:01am EDT
Nearly half of U.S. households would have immediate financial trouble if the primary breadwinner died today, according to LIMRA. AccuQuote, a leader in providing term life insurance quotes to people across the country, illustrates ways to save on life insurance during hard economic times.