MassMutual Adds New Group Critical Illness and Group Accident Insurance to Portfolio

MassMutual Adds New Group Critical Illness and Group Accident Insurance to Portfolio SPRINGFIELD, Mass.–(BUSINESS WIRE)– Most people rely on benefits offered by their employer to cover their health insurance needs, and while that is a good start, it leaves many exposed without realizing it. That’s where supplemental health benefits play a crucial role. Recognizing this […]
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Majesco Dares Insurers to Disrupt: Showcasing GenAI-Driven Innovation with Intelligent Solutions at Insurtech Insights 2025

Majesco Dares Insurers to Disrupt: Showcasing GenAI-Driven Innovation with Intelligent Solutions at Insurtech Insights 2025 Majesco, a global leader of cloud insurance solutions for insurance business transformation, today announced its participation and spot as a Gold Sponsor of Insurtech Insights 2025. Majesco invites insurance leaders to dare to disrupt outdated business operating models and technology foundations to […]
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AM Best Assigns Issue Credit Rating to The Northwestern Mutual Life Insurance Company’s New Surplus Notes

AM Best Assigns Issue Credit Rating to The Northwestern Mutual Life Insurance Company’s New Surplus Notes OLDWICK, N.J.–(BUSINESS WIRE)– AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “aa” (Superior) to the $1 billion, 6.17% surplus notes, due 2055, issued by The Northwestern Mutual Life Insurance Company (Northwestern Mutual) (Milwaukee, WI). The outlook assigned to this […]
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KBRA Affirms and Withdraws Rating for Fortegra Financial Corp, Assigns Ratings for The Fortegra Group, Inc., and Fortegra Specialty Insurance Company, and Affirms Ratings for Debt and Fortegra’s Key Insurance Subsidiaries

KBRA Affirms and Withdraws Rating for Fortegra Financial Corp, Assigns Ratings for The Fortegra Group, Inc., and Fortegra Specialty Insurance Company, and Affirms Ratings for Debt and Fortegra’s Key Insurance Subsidiaries NEW YORK–(BUSINESS WIRE)– KBRA assigns an issuer rating of BBB to The Fortegra Group, Inc. (TFG or Fortegra) and assigns an insurance financial strength rating (IFSR) […]
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AuguStar touts income potential with new Virtus IUL

AuguStar touts income potential with new Virtus IUL AuguStar has a new IUL offering. AuguStar Life recently took its latest Virtus indexed universal life product to market, a version with much-improved income potential, the insurer said. The Virtus IUL III is designed to “provide clients with a blend of accumulation potential, superior income distribution and […]
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Utah regulators withdraw rehabilitation petition against A-Cap insurers

Utah regulators withdraw rehabilitation petition against A-Cap insurers Utah is ending its bid to place A-Cap insurers into rehabilitation. Utah regulators dropped a petition to force Sentinel Security Life Insurance Co. and a pair of reinsurers into court-ordered rehabilitation. In late April, the Utah Insurance Department agreed to pause its litigation and participate in mediation […]
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Declarations

Declarations No to FIO, Industry Says “Since [the FIO’s] inception in 2010, our associations have echoed concerns from functional regulators over FIO’s potential for duplicative and overreaching workstreams. Unfortunately, these concerns have been validated over the course of the office’s existence, as it has undermined state-based regulation and exerted inappropriate pressure on industry participants, including […]
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Business Moves

Business Moves Marsh McLennan Agency (MMA), a business of Marsh, announced the acquisition of Arthur Hall Insurance, a West Chester, Pennsylvania-based insurance agency. Terms of the acquisition were not disclosed. Founded in 1966, Arthur Hall provides commercial and personal lines insurance to clients nationwide, specializing in the life sciences, information management, non-profit, craft beverage manufacturing, […]
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People & Places

People & Places National Stephanie Crochet IMA Financial Group, headquartered in Denver, Colorado, hired Stephanie Crochet as national energy practice leader. Crochet has over 25 years of experience in the energy sector, most recently serving as director, risk and insurance with Plains All American Pipeline, L.P. Crochet’s career launched in quality management with Det Norske Veritas before […]
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