Mutual life insurance

Boston Mutual Life Insurance Company Welcomes Marie Lackey As Senior Regional Sales Director, Markets Insider

CANTON, Mass., Oct. 2, 2018 /PRNewswire/ -- Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, today announced that Marie Lackey has been appointed Senior Regional Sales Director for the Southeastern region. Ms. Lackey brings over 20 years of benefits enrollment experience to her new role. The new addition to the company's Distribution department will support the life insurance carrier's long-term strategic plans to drive sales, maintain competitive market positioning, and achieve greater levels of growth. "Marie's extensive benefits enrollment expertise and in-depth understanding of the Southeastern insurance market will...

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NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY v. WEIHER, FindLaw

United States Court of Appeals,Eighth Circuit. The NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, Plaintiff–Appellee v. Douglas G. WEIHER, Defendant–Appellant. No. 14–3098. Decided: December 01, 2015 Before LOKEN, BYE, and KELLY, Circuit Judges. Richard D. Snyder, argued, Minneapolis, MN, for Plaintiff–Appellee. Erik T. Salveson, argued, Minneapolis, MN (Benjamin C. Johnson, Minneapolis, MN, on the brief), for Defendant–Appellant. Douglas Weiher appeals the district court's grant of summary judgment allowing Northwestern Mutual Life Insurance Company (Northwestern) to rescind a disability insurance policy. Because we conclude Northwestern was not entitled to summary judgment, we reverse and...

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MUTUAL LIFE INS. CO. OF NEW YORK v. ARMSTRONG, Adm'x, etc., US Law, LII, Legal Information Institute

MUTUAL LIFE INS. CO. OF NEW YORK v. ARMSTRONG, Adm'x, etc. MUTUAL LIFE INS. CO. OF NEW YORK v. ARMSTRONG, Adm'x, etc.1 On the eighth of December, 1877, the Mutual Life Insurance Company of New York issued a policy of insurance on the life of John M. Armstrong, of Philadelphia, for $10,000. It was what is known as an endowment policy; that is, a policy payable to the assured if he live a designated time, but to some other person named if he die before the expiration of that time. It was payable, subject to certain conditions, to the assured or his assigns on the eighth of December, 1897, at the office of the company in New York; or, if he should die before that time, to his legal...

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Mutual Life Insurance Co. of New York v. Hillmon, Casebriefs

Every Bundle includes the complete text from each of the titles below: PLUS: Hundreds of law school topic-related videos from The Understanding Law Video Lecture Series Choose Your Subscription: Monthly Subscription ($19 / Month) Annual Subscription ($175 / Year) Brief Fact Summary. Mrs. Sallie Hillmon (“Mrs. Hillmon”?), upon the death of her husband, sought to collect on three insurance policies insuring his life. The insurance company defended on the grounds that Mr. Hillmon was not actually dead. Synopsis of Rule of Law. Whenever a person’s intention is of itself a distinct and material fact in a chain of circumstances, it may be proved by contemporaneous oral or...

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Penn Mutual Life Insurance Review 2019 - NerdWallet

Overview Penn Mutual Life Insurance Co. is owned by its policyholders, which means that customers who buy whole life insurance can share in dividend payouts when the company does well. The company set its 2019 dividend payout at $87 million. Founded in 1847, Penn Mutual sells life insurance through its national network of financial advisors and does not provide quotes online. Find out more about each element that goes into our Penn Mutual review by clicking below. Note: Penn Mutual was not eligible to be included in NerdWallet’s ranking of the 20 best life insurance companies because it was not scored in the latest J.D. Power consumer satisfaction survey. More about Penn Mutual Penn...

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A.M. Best Affirms Credit Ratings of The Penn Mutual Life Insurance Company and Its Subsidiaries, Business Wire

OLDWICK, N.J.--( BUSINESS WIRE )--A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” of The Penn Mutual Life Insurance Company (Penn Mutual Life) (Horsham, PA) and its wholly owned subsidiary, The Penn Insurance and Annuity Company (Wilmington, DE) (collectively referred to as Penn Mutual). The outlook of Penn Mutual’s Credit Ratings (ratings) is stable. Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a” of Vantis Life Insurance Company (Vantis Life) (Windsor, CT) and Vantis Life Insurance Company of New York (Brewster, NY) (collectively referred to as Vantis...

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More Northwestern Mutual employees lose jobs

More Northwestern Mutual employees lose jobs More employees of Northwestern Mutual Life Insurance Co. lost their jobs at the company's corporate offices Friday. A company spokeswoman said she did not have information on how many left their jobs at the Milwaukee-based insurer on Friday, but stressed it was part of a “transformation” of Northwestern Mutual that includes more focus on technology-related skills. The company has said it expects to lay off “hundreds” of employees in 2017, but has declined to say the total number being eliminated. Last year, Northwestern Mutual had about 5,900 employees at its downtown and suburban Franklin campuses. RELATED: Northwestern Mutual to cut 'hundreds...

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A.M. Best Affirms Credit Ratings of Massachusetts Mutual Life Insurance Company and Its Subsidiaries, Business Wire

OLDWICK, N.J.--( BUSINESS WIRE )--A.M. Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” of Massachusetts Mutual Life Insurance Company (MassMutual) and its life/health subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (both domiciled in Enfield, CT). Concurrently, A.M. Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of “aa-” on the existing surplus notes of MassMutual and the “aa+” on notes issued under funding agreement-backed securities programs of MassMutual Global Funding, LLC and MassMutual Global Funding II. The outlook of these Credit Ratings (rating) is stable. The...

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Northwestern Mutual posts record revenue in 2016

Northwestern Mutual posts record revenue in 2016 Northwestern Mutual Life Insurance Co. said Wednesday it posted record revenue and beefed up its surplus – an insurer’s cushion against the unexpected – in 2016 despite a low-interest rate environment that is putting financial pressure on insurance companies. The Milwaukee-based company said it expects to pay policy owner dividends of $5.2 billion in 2017, down from 2016’s payout of about $5.6 billion, but still the best in the industry. Northwestern Mutual also said it continued to solidify its role as a financial security company instead of only a life insurer, providing financial representatives and clients digital tools about...

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Minnesota Life Insurance Company, Securian Financial

In order to bring you the best possible user experience, this site uses Javascript. If you are seeing this message, it is likely that the Javascript option in your browser is disabled. For optimal viewing of this site, please ensure that Javascript is enabled for your browser. Why the change? Adopting the Securian Financial brand will offer a stronger, more consistent and recognizable identity across all of the markets we serve. Our new look is fresh and modern — and it represents our commitment to helping you find solutions that let you focus on your most important asset: family — however you define it. About Securian Financial At Securian Financial, we’re here for family...

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