U-Haul Holding Company Reports Fiscal 2025 Financial Results

U-Haul Holding Company Reports Fiscal 2025 Financial Results RENO, Nev.–(BUSINESS WIRE)– U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to shareholders for the year ended March 31, 2025, of $367.1 million, compared with $628.7 million for the same period last year. For the quarter ended March […]
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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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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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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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Industry Vets Bonneau and Bredahl Form Novel Financial, Acquire Forza Insurance

Industry Vets Bonneau and Bredahl Form Novel Financial, Acquire Forza Insurance The former chief executives of Partner Re and Howden Tiger are joining two other industry veterans to form a company, which they describe as “an independent holding company that oversees carriers supporting managing general underwriters.     Novel Financial Holdings LLC (“Novel”) will manage […]
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Life Insurance News

Life Insurance News Explore the newest/trending Life Insurance content. Japan’s Big Non-Life Insurers Plan to Sell Cross Shareholdings May 20 2025 // Japan’s three major casualty insurers plan to sell a total of about ¥1.37 trillion ($9.5 billion) of cross-held shares in the fiscal year started April in a push to reduce strategic holdings in […]
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