News from the companies of ManhattanLife
Oldwick//BestWire// - AM Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” (Good) from “bbb-” (Good) of Standard Life and Casualty Insurance Company (Standard Life and Casualty) (Salt Lake City, UT). In addition, AM Best has revised the outlook of these Credit Ratings (ratings) to stable from positive.
Acquired by ManhattanLife in June 2020, Standard Life and Casualty offers a diverse portfolio of high-quality products including Accident, Cancer, Heart Attack or Stroke, Home Health Care, Life, and Short-Term Medical. The company operates in Salt Lake City, Utah and is currently licensed in 29 states.
Visit AM Best for full press release.
About ManhattanLife
ManhattanLife is a group of five operating life and health insurance companies: Manhattan Life Insurance Company, ManhattanLife Assurance Company of America, Western United Life Assurance Company, Family Life Insurance Company and Standard Life and Casualty. Since 1850, these companies have provided secure and innovative life and health insurance products and services throughout the United States and Puerto Rico.
Contacts
John McVey Phone: 813-468-2729 Email: JohnMcVey@manhattanlife.com
HOUSTON--(BUSINESS WIRE)--David Harris, CEO of ManhattanLife, announced today the acquisition of Standard Life and Casualty Insurance Company, expanding the company’s growing national footprint and complementing their already robust product offerings.
We're strengthening our presence in the retirement market with our two new Fixed Index Annuities (FIAs).
The Manhattan Insurance Group of companies announced today that Central United Life Insurance Company (CUL) has acquired Western United Life Assurance Company (WULA). The acquisition gives the privately held insurance company, based in Houston and a leading provider of Life, Accident, Cancer and Limited Benefit health insurance, access to the short- to mid-term annuity market.
HOUSTON, July 2, 2020 /PRnewswire/ -- ManhattanLife, one of the oldest health and life insurance companies in the United States, announced today the growth of their partnership with Integrity Marketing Group ("Integrity") with the launch of the ManhattanLife Assurance Company (MAC) Medicare Supplement. This Medicare Supplement product is an extension of the current ManhattanLife Medicare Supplement portfolio and will be distributed exclusively through Integrity Marketing Group.
Designed specifically to meet the unique needs many seniors have, the ManhattanLife Lighthouse Series is meant to provide added security and protection when they need it most.