A.M. Best Co. has revised the rating outlook to stable from negative of the financial strength ratings (FSR) and issuer credit ratings (ICR) of Assurant Inc. and its various life/health and property/casualty insurance subsidiaries. Concurrently, A.M. Best has downgraded the FSR to A- (Excellent) from A (Excellent) and ICRs to “a-” from “a” for Assurant’s [...]

A.M. Best Co. has placed the financial strength rating (FSR) of B++ (Good) and issuer credit rating (ICR) of “bbb” of Shenandoah Life Insurance Company (Shenandoah Life) (Roanoke, VA) under review with developing implications.
These rating actions follow a public announcement of Shenandoah Life’s proposed merger with OneAmerica Financial Partners, Inc. (OneAmerica). Under the proposed plan, [...]

Manulife Financial is now offering Canadians multiple options to start saving money to contribute toward their Tax-Free Savings Accounts (TFSAs).
“Canadians will have many great new options from Manulife to save money with new Tax-Free Savings Accounts,” explained Paul Rooney, President and CEO of Manulife Canada. “Canadians are looking forward to these tax-free savings vehicles and [...]

John Hancock Financial Network (JHFN),* the successful career agency arm of John Hancock Financial Services, is implementing across its national network a new innovative business model which offers financial professionals a choice of three types of affiliation, based on the level of independence and support they desire.
“After studying different distribution models in our industry, our [...]

Unity Life of Canada, a Foresters company, and Forethought Financial Group, announced that they have entered into an agreement under which Unity Life will acquire the insurance business of Forethought’s Canadian branch, Forethought Life Insurance Company. Forethought is a leading U.S. based provider of insurance and financial solutions related to retirement and end of life [...]

The National Security Group, reported results for the quarter and nine months ended September 30, 2008 and 2007, based on accounting principles generally accepted in the United States of America, as follows:
Three Months Ended September 30 Nine Months Ended September 30
2008 2007 2008 2007
Premium Income [...]

Cash and fixed income investments are narrowing the gap on Canadians’ own homes as the most popular havens to put money these days, according to a national poll for Manulife Financial, Canada’s leading insurance and wealth management company.
Registered Education Savings Plans and segregated funds also appear as stable investment vehicles with Canadians these days, as [...]