Henrico County-based Genworth Financial Inc. has completed the sale of certain blocks of term life insurance policies to Protective Life Insurance Co. When the deal was announced in September 2015, ...
Everything looked rosy a quarter century ago, when General Electric CEO Jack Welch's shopping frenzies landed him two Virginia insurance stalwarts, and GE — then No. 5 on the Fortune 500 – made the ...
If investors breathed a sigh of relief over this weekend’s announcement that Genworth had sold itself to a Chinese real estate and financial services concern, there was no such relief among insurance ...
Genworth Financial shares have performed well over the past year, despite the company's struggles in the long-term care insurance business. The company's structure protects it from having to inject ...
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "b+" (Marginal) ...
Doug Lubienski has been appointed in Tennessee as an agent with Genworth Life Insurance Co., the Long Term Care Insurance Division of Genworth Financial. His primary focus will be to help people ...
Thousands of long-term care insurance customers are being offered a tough choice: Pay no more policy premiums in exchange for greatly reduced benefits or keep paying but risk triple-digit premium ...
NEW YORK (Reuters) - The AARP, the largest organization in the United States for people over 50, on Thursday picked insurer Genworth Financial Inc to provide long-term care insurance for its members.
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bb-” (Fair) from “b+” (Marginal) of Genworth Financial, Inc. [NYSE: GNW] and Genworth ...
The Virginia Retirement System has selected Genworth Financial Inc. as its choice to offer long-term-care insurance as a fringe benefit to its more than 600,000 members, retirees and beneficiaries.
Genworth remains a Buy due to its undervalued stake in Enact Holdings, which provides a solid foundation for its share price. A recent favorable $750 million legal ruling for AXA SA against Santander ...
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