ECHOES OF 2008: ANNUITIES SURGE WHEN EQUITIES CRASH
ECHOES OF 2008: ANNUITIES SURGE WHEN EQUITIES CRASH March 18, 2020 by Steve Morelli The past few weeks of dramatic news might sound eerily similar to the 2008 crash, but there are some key differences for annuities, as well as some positive similarities. Click HERE to read the full story via INN ………………………………………………………………………………… Sheryl Moore, […]
5.7-magnitude earthquake strikes near Salt Lake City, state’s largest quake since 1992
The quake was reported shortly after 7 a.m. local time. By Emily Shapiro March 18, 2020, 10:10 AM Originally posted on abcnews.go.com Continue reading We normally don’t post news like this but this will affect several of our carriers that are headquartered in Salt Lake City UT. Namely, Atlantic Coast Life, Sentinel Security Life and […]
Interest Rate Alert
Dear Valued Producer, I wanted to make sure all of you are aware of the dramatic recent changes in the financial markets, especially the bond market. The yield on the 10 year treasury has been declining for the last month but the decreases in yields have really accelerated over the past 5 days. • On […]
AM Best Assigns Credit Ratings to Oceanview Life and Annuity Company and Oceanview Reinsurance Ltd.
AM Best Assigns Credit Ratings to Oceanview Life and Annuity Company and Oceanview Reinsurance Ltd. Originally Posted On Businesswire.com November 13, 2019 04:57 PM Eastern Standard Time OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to Oceanview Life and Annuity Company […]
AM Best Upgrades Credit Ratings of Equitable Life & Casualty Insurance Company
October 03, 2019 03:16 PM Eastern Daylight Time OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Rating to “bbb-” from “bb+” of Equitable Life & Casualty Insurance Company (Equitable) (Salt Lake City, UT). The outlook of these Credit Ratings (ratings) has been […]
July 4th Holiday Office Hours
The Life and Annuity Shop, LLC. Wishes everyone a safe and happy Independence Day! In observance of this holiday, our offices will be closed on July 4th and 5th.
Memorial-Day Observance – our offices will be closed Monday, May 25th.
The Life and Annuity Shop Staff honors and remembers the heroes who sacrificed in the service and protection of our country. In observance of Memorial Day, our offices will be closed Monday, May 25th. We will resume normal business hours Tuesday, May 26th.
AM Best Upgrades Credit Ratings of Insurance Subsidiaries of Nassau Insurance Group Holdings, L.P.
May 01, 2019 03:38 PM Eastern Daylight Time OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has upgraded the Financial Strength Rating (FSR) to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb-” from “bb+” of Nassau Life Insurance Company and PHL Variable Insurance Company, collectively known as Nassau Insurance Group. Concurrently, AM Best […]
