OMAHA, Neb.–(BUSINESS WIRE)– Veteran strategic human resources leader Earl Dudley Jr. will become Chief Human Resources Officer at Mutual of Omaha effective July 13, according to Chairman and CEO James Blackledge.
Dudley most recently served as Executive Human Resources Business Partner with Guardian Life Insurance Company of America. With more than two decades of strategic human resources leadership across multiple industries, Dudley has a strong track record leading organizational transformation, strengthening employee engagement and fostering high-performing cultures, Blackledge said.
“Earl brings proven insurance industry experience leveraging HR strategy and leading transformation to support business outcomes. Our workforce is at the core of our mission of helping more people more completely meet their financial needs, and Earl will play a vital role as we position our workforce for the future,” Blackledge said. “I’m confident that Earl will be a strong cultural fit at Mutual of Omaha and we look forward to his many contributions as a member of our executive leadership team.”
Dudley earned his bachelor’s degree from Augustana College in Rock Island, Ill., and received an MBA from the Lake Forest Graduate School of Management.
The Mutual of Omaha Companies offer a variety of insurance and financial products for individuals, businesses and groups throughout the United States. Founded in 1909 and headquartered in Omaha, Neb., the highly rated Fortune 500 organization takes a long-term view with a focus on strength, stability and steady growth to help customers protect what they care about and achieve their financial goals. For more information, visit www.mutualofomaha.com.
The following information was released by the Tennessee Department of Commerce and Insurance (TDCI):
Over $107 Million in Life Insurance Benefits Located for Tennesseans in 2025 through NAIC’s Life Insurance Policy Locator Service
NASHVILLE The Tennessee Department of Commerce and Insurance (TDCI) proudly announces that over $107 million in insurance policies and benefits was located in 2025 for Tennesseans through the Life Insurance Policy Locator Service.
Developed by the National Association of Insurance Commissioners (NAIC), the Life Insurance Policy Locator Service is a free service that enables beneficiaries, executors, or legal representatives of deceased people to locate life insurance policies and annuity contracts of their late family members, clients, or friends.
From Jan. 1, 2025, to Dec. 31, 2025, the service located insurance policies with $107,757,080 in benefits for Tennesseans, breaking the previous record of $87.67 million set in 2024.
“I am encouraged to see that Tennesseans are claiming life insurance benefits as these policies are intended by their purchasers to help cover financial burdens such as medical bills, funeral costs, and other financial obligations that can occur after the loss of a loved one,” said TDCI Commissioner Carter Lawrence. “It is my hope that the Life Insurance Policy Locator Service eases the burden that family members and loved ones may face after the passing of a loved one, and I am grateful that the NAIC created this program.”
Looking for a deceased loved one’s lost policy? TDCI recommends that you start by reviewing financial records to see if you can find where payments have been made to an insurance company. If any of the documents reference payments made to an insurance company, you can call them directly to see if a policy can be located.
To request a search, follow these steps:
Complete NAIC’s online Life Insurance Policy Locator Service request form. Once the request is complete, NAIC will send the policyholder’s information to all licensed life insurance companies across the United States.
Companies will check their records to determine if they have a policy matching the beneficiary’s information.
If a match is found, the company will respond within 60 days. If a company finds a match, they will respond directly to the requestor if you are a designated beneficiary or are legally authorized to receive such information.
The service does not track beneficiary information or claim payment after matches are reported, so there is no way to determine the amount actually returned to consumers. The total claim amount only includes the amount reported by companies tied to a match for a deceased person.
ST. LOUIS — Andrew C. Hubbard schemed with a cousin to give his mother laced drugs and cause an overdose so he could collect a $150,000 life insurance policy, prosecutors said in federal court Thursday.
The plan to lace crack cocaine with heroin or fentanyl didn’t kill her, so the cousin shot the woman instead and dumped her body in a St. Louis alley, Hubbard admitted in U.S. District Court as he pleaded guilty.
Hubbard, 40, pleaded to murder-for-hire and conspiracy to commit murder-for-hire in connection with the death of his mother, Andreaia Worthem.
Worthem, 53, was shot in the chest, arm and face. Her body was found in the north alley in the 4400 block of Kennerly Avenue on the morning of July 7, 2023.
Others facing the same charges in connection with her death are the cousin, Eric Washington, 47, of Jennings; Justin R. Lee, 40, of Northwoods; and Hubbard’s girlfriend, Kim Mosley, 33. Their cases are pending.
Assistant U.S. Attorney Matthew A. Martin unveiled new details about the case as he read in court from a 14-page document.
Hubbard took out a life-insurance policy on his mother in 2019 and was the sole beneficiary.
His plan was to have Lee and Washington supply his mother with a “bad pack,” crack cocaine laced with enough fentanyl to kill her, Martin said. Hubbard knew that his cousin had recently experienced a near-fatal overdose after ingesting drugs Lee had supplied.
In exchange, Washington would get $10,000, and Mosley would get $50,000, the prosecutor said.
Washington used Lee’s phone to tell Hubbard, “It’s done.” Later, Hubbard asked if the “bad pack” caused a quick overdose. Washington admitted it didn’t work, so he instead shot her, Martin said.
Mosley gave Washington $200 in exchange for the victim’s cellphone, which was then destroyed, according to the plea agreement. Hubbard also gave Washington $450 cash and cocaine and marijuana, Martin said.
According to the plea agreement, Washington, impatient because he hadn’t been paid the full $10,000, called Primerica, the insurance company, to ask when the policy would be paid.
Washington told the insurer that he had “done some work” for Hubbard and the insurance money would help cover what he is owed, the court document said.
When Hubbard found out Washington had made that call, he confronted his cousin and told him that it would lead the police to them.
The plea agreement didn’t say whether Hubbard ever received the insurance money.
Hubbard, jailed in Illinois, lived in the 12200 block of Corrida Court in Maryland Heights.
U.S. District Judge Henry E. Autrey scheduled Hubbard’s sentencing for Sept. 23.
Each charge is punishable by life in prison and a fine of up to $250,000. Federal prosecutors already announced they would not seek the death penalty.
OLDWICK, N.J.–(BUSINESS WIRE)– AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Everlake Life Insurance Company and Everlake Assurance Company, collectively known as Everlake Life Group (Everlake Life). Both companies are domiciled in Northbrook, IL. The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Everlake Life’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).
Everlake Life is ultimately owned by Everlake Holdings, LP (Everlake) (Cayman Islands), and Blackstone Inc. (Blackstone) is the ultimate parent company of the general partner of the vehicle that owns the interests of Everlake. Everlake continues to execute on its strategy by growing premiums and assets under management through a number of annuity flow reinsurance deals, which has enhanced the overall scale and diversity of its operations.
Everlake Life’s risk-adjusted capitalization level is consistently in the strongest category, as measured by Best’s Capital Adequacy Ratio (BCAR), and continues to be managed through the significant use of non-affiliate and affiliate retrocession. Everlake Life has retroceded a high portion of its assumed reinsurance business to reinsurance partners, Everlake Reinsurance Ltd. and Herald Reinsurance Ltd., both domiciled in the Cayman Islands. These offshore reinsurers are not directly part of the rated group. Everlake Life benefits from Blackstone’s ability to raise capital as demonstrated by its track record of establishing and growing reinsurance sidecar companies. Blackstone also provides investment management expertise via agreements with Blackstone Credit and Insurance. Everlake Life has increasing allocations to rated alternatives, less-liquid private placement fixed-income securities, and mortgage loans.
AM Best will continue to monitor the group’s capitalization, investment performance and risk management, and overall ERM program against planned growth initiatives.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
The National Association of Insurance Commissioners is facing increasing scrutiny over the regulation of indexed universal life insurance illustrations.
Dick Weber, representing the Life Insurance Consumer Advocacy Center in California, became the latest industry expert to highlight IUL illustration issues during an NAIC Life Insurance and Annuities Committee call this week.
Current disclosure standards are likely to leave consumers with unrealistic expectations about policy performance and retirement income potential, Weber said. A 59-year veteran of the life insurance industry, Weber took care to separate the product from how it is being sold.
“The issue is not the product,” Weber told regulators. “It’s the illustration of IUL that is creating issues for us.”
The center is seeing increased litigation involving IUL policies across the country, Weber said.
“There are quite a few cases both in California and nationwide, that are involving indexed universal life, and it is on that basis that we thought it would be valuable to bring you the information that we’ve acquired,” he told the committee.
The promise of predictable returns
Existing actuarial guidelines, including Actuarial Guideline 49 and its subsequent revisions, primarily address maximum illustrated crediting rates and certain policy features but do not fully address how illustrations portray long-term risks and performance variability.
According to Weber, many IUL illustrations present a constant crediting rate over decades, which may lead consumers to assume future returns will be fairly predictable when they are anything but. He argued that policyholders often focus on projected benefits while receiving insufficient information about potential downside outcomes.
The concern is particularly acute, he said, when insurance agents also serve as registered investment advisers or certified financial planners and therefore operate under fiduciary standards requiring recommendations to be in a client’s best interest.
“The best a policy we’ll ever look is when it’s first depicted in a sales illustration,” Weber said.
Roughly 70% of IUL sales to high-net-worth consumers are marketed primarily as tax-free retirement income strategies rather than as death benefit products, Weber said.
He presented a hypothetical example in which a 45-year-old client contributes $25,000 annually for 20 years and is shown the ability to withdraw nearly $89,000 annually during retirement. While the illustration reflected an internal rate of return of about 6.55%, Weber said a stochastic analysis of 1,000 simulations using historical market returns produced dramatically different results.
Under those simulations, he said, only about 10% of scenarios sustained policy performance through age 100, while approximately 905 of 1,000 simulations resulted in policy failure before that age.
“What’s important is, first, for the agent to understand, and then especially the customer to understand,” Weber explained. “Not that this makes it a bad product, but that they understand what we call the good, the illustration, the bad, and the ugly. Understand how it works, understand the upside, and understand the downside.”
‘Always front-loaded’
Weber also examined the impact of lower policy cap rates. In one example, reducing an illustrated cap rate by one percentage point — from 10.5% to 9.5% — caused the modeled success rate to fall to roughly 1%, with 989 of 1,000 simulations failing before age 100.
In one legal case, involving a registered investment adviser who recommended a premium-financed IUL strategy, Weber said the illustration projected retirement income lasting for decades and relied on assumptions that policy credits would consistently exceed financing costs.
Applying the same stochastic analysis, Weber said the policy showed a high likelihood of lapsing before the insured’s life expectancy, potentially exposing the client to significant tax consequences if the policy terminated after years of loans and withdrawals.
“IUL is almost always front-loaded with expenses,” Weber noted. “That’s not necessarily bad, it’s just that the illustration doesn’t express that.”
Among his recommendations, Weber urged regulators to consider allowing or requiring stochastic analysis as part of the illustration process, enabling consumers to evaluate a range of possible outcomes rather than a single projected scenario.
He also suggested replacing traditional paper-based illustrations with interactive digital tools that would allow consumers to test various assumptions and better understand the impact of changing crediting rates, participation rates and policy caps.
Weber noted that the NAIC’s life insurance illustration model was developed in the mid-1990s, before widespread internet use and long before modern tablet-based technology became commonplace.
Regulators did not debate the proposal during the meeting because of time constraints. The Annuity Illustration Working Group is taking small steps to update the model governing annuities. But regulators have to date not moved to meaningfully tackle IUL illustrations.
Trusteed by Matrix Trust Company, a Broadridge company, the series enables participants to build guaranteed lifetime income inside the plan before retirement.
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–
Pacific Life, a leading provider of innovative insurance and annuity solutions, announced today the launch of Income Horizon, a retirement income-focused collective investment trust (CIT) series designed to help defined contribution (DC) plan participants accumulate guaranteed lifetime income during their retirement savings journey. The series is enabled through Matrix Trust Company, which provides the CIT structure and serves as the discretionary trustee, and is a subsidiary of global technology leader, Broadridge Financial Solutions (NYSE: BR).
Income Horizon is a groundbreaking deferred income solution that enables participants to build guaranteed lifetime income during their working years. By allocating a portion of ongoing contributions, participants can steadily build future payments over time, creating a clearer and more predictable path from savings to retirement. Participants also benefit from liquidity and flexibility as they accumulate savings, along with options designed to help protect their savings when they transition to lifetime income payments.
“As demand for retirement income solutions continues to grow within defined contribution plans, we are seeing plan sponsors and advisors look for more practical, scalable ways to help participants move from saving for retirement to generating income in retirement, ultimately turning retirement savings into lifelong paychecks,” said Karen Neeley, Head of the Institutional Retirement Solutions Group at Pacific Life.
“At the same time, collective investment trusts have become an increasingly preferred vehicle in DC plans,” said Christine Bass, Head of Defined Contribution Lifetime Income at Pacific Life. “The Income Horizon CIT series integrates these capabilities to help deliver guaranteed lifetime income through a structure designed for broad adoption within DC plans by making it easier for all providers within the defined contribution ecosystem to incorporate lifetime income as a distinct asset class within existing plan structures.”
The retirement income series is enabled by Matrix Trust Company, which serves as the discretionary trustee and provides CIT governance, fiduciary oversight, and operational infrastructure. This helps support both the implementation and ongoing administration of Income Horizon through a qualified, plan-ready vehicle already familiar to many plan partners.
“Pacific Life’s launch of Income Horizon through a CIT structure reflects the kind of innovation the retirement market is increasingly seeking, with solutions designed to help connect retirement savings to income in a practical, scalable way,” said Joe Matarazzo, Head of Broadridge’s Retirement and Workplace Solutions. “At Matrix Trust Company, we are committed to helping asset managers and insurers deliver retirement income solutions through the governance, operational support, and retirement services infrastructure needed for adoption at scale.”
Furthermore, unlike approaches that rely on estimates of future income, Income Horizon uses clearly defined income units that represent a specific amount of guaranteed lifetime income. These units help provide participants with greater clarity around their accumulated income, empowering individuals to plan for retirement with enhanced precision.
The Income Horizon CIT series is available through the National Securities Clearing Corporation (NSCC). Plan sponsors and advisors may contact their Pacific Life representative for additional information regarding availability and implementation.
Pacific Life and Broadridge Financial Solutions are not affiliated.
About Pacific Life
Pacific Life provides a variety of products and services designed to help individuals and businesses in the retail, institutional, workforce benefits, and reinsurance markets achieve financial security. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative life insurance and annuity solutions, as well as mutual funds, that provide value and financial security for current and future generations. Supporting our policyholders for more than 150 years, Pacific Life is a Fortune 500 company headquartered in Newport Beach, California. For additional company information, including current financial strength ratings, visit www.PacificLife.com.
Pacific Life’s Income Horizon is a group deferred income annuity. Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products can be issued in all states, except New York, by Pacific Life Insurance Company or Pacific Life & Annuity Company. In New York, insurance products are only issued by Pacific Life & Annuity Company. Product availability and features may vary by state. Product and features are subject to regulatory approval. Each insurance company is solely responsible for the financial obligations accruing under the products it issues.
All guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company.
Contract Form Series (State Variations May Apply): GRC-1550
About Broadridge Financial Solutions
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients—driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries. For more information about us, please visit www.broadridge.com.
About Matrix Trust Company
Matrix Trust Company, a Broadridge company, provides trust, custody, and agent services for Qualified and Non-Qualified Retirement Plans. Matrix Trust Company is a Colorado state-chartered trust company. With over 50 years of trust experience on our management team, our roots are planted firmly in the financial services market. We aggregate, reconcile, and process trust and custodial transactional data in a highly automated environment. Matrix Trust Company retains an independent, certified public accounting firm to conduct SOC 1 Type 2 audits of its procedures and controls.
Awards Presented Include LP of the Year, All-Time Top Podcast, “OG Award,” and Co-Chair Recognition
CHICAGO–(BUSINESS WIRE)– InsuranceAUM.com (IAUM), affiliated with The Institutes, welcomed executives from more than 60 insurance companies to the 5th Annual Insurance Investment Executives’ Meeting, held June 9–11, 2026, at the University of Chicago Booth School of Business’ Gleacher Center in Chicago, Illinois. The milestone event brought together chief investment officers, senior investment professionals, and industry asset management leaders for three days of high-level dialogue, peer collaboration, and strategic insight into the evolving insurance investment landscape.
The 2026 gathering marked a landmark fifth year for what has become one of the most trusted and anticipated events in insurance asset management. True to its LP-first philosophy, the meeting featured candid, LP-only sessions designed exclusively for insurance asset allocators, providing a confidential environment to exchange perspectives on portfolio construction, market dynamics, regulatory pressures, and emerging opportunities.
Annual Meeting Awards
IAUM recognized several outstanding contributors to the IAUM insurance investment community:
2026 (Inaugural) LP of the Year:Lale Topcuoglu, Head of Investment Strategy & Public Fixed Income at Swiss Re
This award will recognize a senior insurance investment owner who exemplifies peer engagement, intellectual generosity, and active contribution to the community’s collective learning, and selected annually by his or her peers.
Honoring IAUM legacy, loyalty, and enduring presence, the OG Award recognized John for his commitment to the IAUM community from the very beginning. His continued participation across all five years and service as the event Co-Chair in 2025 has helped to shape the organization and embodies the spirit of what the annual meeting and this community is all about.
All Time Top Podcast Award (2021–2026): Episode 116 featuring TJ Durkin, Head of Structured Credit & Specialty Finance at TPG Angelo Gordon
Recognizing the asset management firm, asset manager, and podcast with the highest downloads over the last five years and beyond.
Recognition of 2026 Annual Meeting Co-Chairs: T.C. Wilson, Chief Investment Officer of The Doctors Company, and Janelle Woodward, CFA, Senior Managing Director, Multi-Asset Group at Allstate Investments. Continuing the event’s longstanding commitment to LP-driven content, their leadership helped create a program that resonated strongly with attendees across the insurance investment community.
IAUM once again welcomed keynote Howard Marks, Co-Founder and Co-Chairman of Oaktree Capital Management. Widely regarded as one of the industry’s most respected investors, Marks delivered a thought-provoking discussion on market cycles, risk assessment, investor psychology, and the importance of disciplined decision-making in uncertain markets. His remarks sparked meaningful conversations throughout the meeting and provided attendees with a valuable perspective on navigating today’s investment environment.
“One of the decisions we’re most proud of this year was continuing to prioritize attendee experience over event size,” said Lynde O’Brien, Executive Director of InsuranceAUM.com. “Reaching five years is a powerful milestone because our CIO Executive Council and Co-chairs shape this event, provide valuable feedback each year, and keep us focused on maintaining strong insurer representation. Having the discipline to stand behind our commitment to an event that is ‘by CIOs, for CIOs’ meant reducing sponsorship by 25%, going deep into topics like AI, and facilitating conversations between ‘Ogs’ and emerging leaders. We’re deeply grateful to our co-chairs, our honorees, and every attendee who showed up ready to engage. My goal now is to carry that momentum into Austin.”
Looking Ahead: Private Credit Forum – Austin, TX November 12-13, 2026.
The momentum from Chicago carries directly into IAUM’s next signature event: the Insurers’ Private Credit Forum, taking place Nov. 12–13, 2026, in Austin, Texas. The invitation-only event will bring together insurance portfolio managers and investment professionals focused on private credit and asset-backed finance (ABF) strategies. Event Chairperson, Kenyatta Matheny, Chief Investment Officer of EquiTrust Life Insurance Company, will help the IAUM team shape an agenda balanced between curated meetings and educational roundtable discussions designed to foster open, solution-oriented exchanges among insurance allocators.
Founded in 2013 by Stewart Foley, CFA, InsuranceAUM.com, affiliated with The Institutes, is a leading global digital publishing platform and event destination for insurance industry investment and asset management professionals. The platform provides educational resources, industry insights, and networking opportunities through a combination of events, thought leadership, and data-driven content, empowering insurers and asset managers to build and allocate capital strategically while driving insight, high-impact engagement, and trusted connections across the insurance investment community.
About The Institutes
The Institutes® are a not-for-profit comprised of diverse affiliates that educate, elevate, and connect people in the essential disciplines of risk management and insurance. Through products and services offered by The Institutes’ 21 affiliated business units, people and organizations are empowered to help those in need with a focus on understanding, predicting, and preventing losses to create a more resilient world.
The Institutes is a registered trademark of The Institutes. All rights reserved.
HONG KONG–(BUSINESS WIRE)– AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Hyundai Marine & Fire Insurance Co., Ltd. (HMF) (South Korea). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect HMF’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management.
HMF’s risk-adjusted capitalisation is assessed at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). While balance sheet volatility from interest rate movements remains an offsetting factor, HMF’s local solvency position rebounded in 2025, mainly due to rising interest rates and efforts to reduce the asset/liability duration gap to mitigate sensitivity to interest rate movements. HMF has good financial flexibility with a proven track record of successfully issuing supplementary capital securities. While the company’s adjusted financial leverage is expected to remain within AM Best’s positive assessment level, it showed an increase following multiple rounds of subordinated debt issuance in recent years.
HMF’s operating performance is assessed as adequate, with a double-digit return-on-equity ratio and a combined ratio of 96.8% (net/net) in 2025, as calculated by AM Best. The company’s long-term insurance profitability deteriorated in 2025, attributable to its relatively larger exposure to medical indemnity policies with increased loss ratios, highlighting its sensitivity to such policies. The auto insurance line recorded underwriting losses due to the cumulative effect of base rate cuts, intensified competition and inflationary pressures on claims costs across the industry. Nonetheless, robust investment profits bolstered the overall bottom line in 2025, mainly owing to a large disposal gain on its fair value through profit or loss assets and an increase in its interest income amid a favourable interest rate environment.
HMF remains one of the largest non-life insurers in South Korea, with a stable market share of approximately 17%, in terms of gross insurance service revenue in 2025. HMF maintains a diversified product and distribution channel mix. The company benefits from its solid business relationships with Hyundai conglomerates, including Hyundai Motor Group, which provide a steady source of business for its general insurance line, especially marine insurance.
Negative rating actions could occur if there is a significant deterioration in HMF’s balance sheet strength fundamentals. Negative rating actions also could arise if there is a sustained and material deterioration in its operating performance. Positive rating actions could occur if the company’s balance sheet strength fundamentals demonstrate sustained improvement although the likelihood of such actions remains limited at this time.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
2026 JUN 17 (NewsRx) — By a News Reporter-Staff News Editor at Insurance Daily News — According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for “LIFE INSURANCE THAT ENHANCES LIFE” by Heather J. Kliebenstein Merchant & Gould P.C., representing Pacific Life Insurance Company. This application was made available to the public on May 30, 2026.
The serial number for this application is 87362103.
The international trademark goods and services class code for this trademark application is 036.
As submitted by the applicant, this trademark application relates to the following goods and services: Insurance and financial services, namely, life insurance and underwriting, insurance and financial services, namely, insurance administration, financial management; insurance claims administration and processing; insurance consultation; mutual fund management services; investment of funds for others; investment consultation, management, brokerage, and advisory services; investment advice; maintaining escrow accounts for investments; investment and administration of employee pension plans; fund investment consultation; capital investment consultation; investment management services; financial advice and consultancy services; insurance information and consultancy; financial services, namely, providing an investment option available for variable annuity and variable life insurance products; financial information; financial advice; financial planning; financial management.
The registrar information for this application is: Heather J. Kliebenstein Merchant & Gould P.C., P.O. Box 2910, Minneapolis, MN 55402-0910, UNITED STATES.
(Our reports deliver fact-based news of research and discoveries from around the world.)
OLDWICK, N.J.–(BUSINESS WIRE)– AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to the $750 million 5.95% senior unsecured notes, due June 2036, issued by Sammons Financial Group, Inc. (SFG) (Delaware). The outlook assigned to this Credit Rating (rating) is stable.
Proceeds from the issuance will be used for general corporate purposes including business growth at SFG’s two insurance operating subsidiaries – Midland National Life Insurance Company and North American Company for Life and Health Insurance. AM Best notes that SFG’s adjusted financial leverage will increase to approximately 22.5% from 2025’s year-end adjusted financial leverage of 18.6%. Interest coverage with this debt issue is expected to remain favorable and is considered adequate. SFG maintains sufficient liquidity to service its debt along with a well-laddered debt maturity structure.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
, a retirement income-focused collective investment trust (CIT) series designed to help defined contribution (DC) plan participants accumulate guaranteed lifetime income during their retirement savings journey. The series is enabled through Matrix Trust Company, which provides the CIT structure and serves as the discretionary trustee, and is a subsidiary of global technology leader, Broadridge Financial Solutions (NYSE: BR).