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10/23/2008 News For: Kaiserpermante Life InsuranceFitch Downgrades Security Benefit Life Insurance's IFS to 'BB' CHICAGO----Fitch Ratings has downgraded the Insurer Financial Strength ratings of Security Benefit Life Insurance Company and its affiliate, First Security Benefit Life Insurance and Annuity Company of New York , collectively referred to as Security Benefit, to 'BB' from 'BBB-'. What Happens If The Ex Dies? Divorce And Life Insurance Needs - What You Need To Think About Divorce is a stressful time and if you are contemplating divorce or about to sign your separation agreement, make sure you have reviewed your life insurance to ensure that it meets your financial needs. San Francisco Bay Area Insurance Agency of MassMutual Financial Group Taps Rebecca Ye to Head New Milpitas Office WALNUT CREEK, Calif.----The San Francisco Bay Area Insurance Agency LLC, a Massachusetts Mutual Life Insurance Company General Agency, announced today the appointment of Rebecca Ye as the sales manager of the Agency's soon-to-open new Milpitas office. Bank of Beijing weighing stake in ING insurance JV Bank of Beijing Co. is seeking to buy a half stake in ING Groep NV's Chinese life insurance joint venture, according to media reports. Minnesota Attorney General Lori Swanson Wins Lawsuit Minnesota's Attorney General Lori Swanson won a multi-million dollar lawsuit against a Topeka-based insurance giant. Swanson filed the lawsuit last February against Amer-us Life Insurance Company and American Investors Life Insurance Company now part of Aviva Corporation. Taiwan's Fubon Financial to acquire local ING insurance unit Fubon Financial Holding Co. of Taiwan said Monday it would acquire the Taiwanese division of Dutch banking giant ING Life Insurance for 600 million US dollars. Non-life insurance firms seek delay in capital call NON-LIFE insurers are asking the Finance Department to give them more time to comply with its new minimum capitalization and net worth requirements, saying moving the deadline to 2015 from 2011 should give them enough breathing space. Bank of Beijing May Buy Half of ING Life Venture (Update2) Oct. 21 -- Bank of Beijing Co. , part owned by ING Groep NV , is in talks to buy half of ING's Chinese life insurance venture in what would be its second acquisition in three months. Bank of Beijing eyes buying into ING insurance JV SHANGHAI, Oct 21 Reuters - Bank of Bejing <601169.SS>, 16 percent owned by ING Groep NV , said on Tuesday it is in talks to buy a 50 percent stake in one of ING's life insurance ventures in China from the venture's Chinese partner, as it moves to diversify its businesses. Minn. Seniors Could Be Eligible for Refund in Annuity Settlement Thousands of Minnesota senior citizens could be eligible for refunds from companies that sold them long-term annuities. Minnesota Attorney General Lori Swanson has settled her case with Aviva USA Corp. and AmerUs Life Insurance Co. |


