Latest Product & Annuity News
Memorial-Day Observance – Our offices will be closed Monday, May 26thMay 21, 2026 - 1:40 PM
❄️ Best Wishes This Holiday Season ❄️ and Holiday Office ClosuresDecember 22, 2025 - 11:23 AM
Thanksgiving 2025 Holiday HoursNovember 21, 2025 - 2:26 PM
Axonic Insurance Secures a $210 Million Preferred Equity Investment from LuminArx and Deutsche BankOctober 30, 2025 - 9:21 AM
The Life and Annuity Shop – Labor Day Weekend Holiday HoursAugust 25, 2025 - 1:11 PM- Memorial-Day Observance – Our offices will be closed Monday, May 26thMay 22, 2025 - 9:46 AM
A.M. Best Upgrades Credit Ratings of Guaranty Income Life Insurance Company
/in Annuity NewsNovember 1, 2017 by Best’s News Service FOR IMMEDIATE RELEASE OLDWICK – NOVEMBER 01, 2017 A.M. Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb-” for Guaranty Income Life Insurance Company (Guaranty) (Baton Rouge, LA). The outlook of these […]
Sentinel Security Life Annuity Rate increase Effective 11/01/2017
/in Annuity ProductsPersonal Choice – MYGA Rate Increase Effective 11/01/2017 MYGA crediting rates for all guarantee periods will increase by 10 bps effective November 1, 2017! To view updated rates, please download a copy of the current Rate Sheet below. These new rates will be applied to all contracts issued on or after 11/01/2017 regardless of the date […]
Atlantic Coast Life – Annuity Rate increase Effective 11/01/2017
/in Annuity ProductsAtlantic Coast Life – Annuity Rate increase Effective 11/01/2017 Safe Harbor and Safe Haven Rate Increase – Effective November 1, 2017 We are excited to announce that our Safe Harbor and Safe Haven crediting rates for all guarantee periods will increase by 10 bps effective November 1, 2017! To view our updated rates, please download […]
A.M. Best Upgrades Credit Ratings of Atlantic Coast Life Ins. Co.; Affirms Credit Ratings of Sentinel Security Life Ins. Co.
/in Annuity NewsOctober 31, 2017 by Best’s News Service FOR IMMEDIATE RELEASE OLDWICK – OCTOBER 03, 2017 A.M. 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” from “bbb-“ of Atlantic Coast Life Insurance Company (ACLI) (Charleston, SC). Additionally, A.M. Best has […]
Where to Turn When Bonds Aren’t the Investment They Used to Be
/in Annuity NewsWhere to Turn When Bonds Aren’t the Investment They Used to Be October 24, 2017 by Andrew M. Costa Bonds have long been viewed as a great alternative for people who were in search of a good—and relatively conservative—investment. They provided a nice way to balance the portfolio, so that a steep drop in the […]
Summit Bonus Index Annuity Available in More States – Effective 10/23/17
/in Annuity ProductsSummit Bonus Index Annuity Available in More States – Effective 10/23/17 We are excited to announce the expansion of Sentinel Security Life Insurance Company’s Summit Bonus Index annuity product into additional states! The following states are set to release on 10/23/2017; AR, AZ, CO, GA, HI, ID, IA, KS, MN, MT, NE, NV, NM, ND, […]
Our Office will be CLOSED Monday and Tuesday Sept 11th and 12th due to Hurricane Irma
/in Annuity News, The Life And Annuity Shop NewsDue to Hurricane Irma, the safety of our staff and their families is our top priority. For this reason, Our office will be closed on Monday and Tuesday Sept 11th and 12th. We will re-open Wednesday September 13th albeit with a reduced staff as some of our staff is still dealing with the effects of the […]
Our Office will be CLOSED Friday, Sept 8 due to Hurricane Irma
/in Annuity News, The Life And Annuity Shop NewsAs Hurricane Irma approaches Florida, the safety of our staff and their families is our top priority. For this reason, Our office will be closed on Friday, Sept. 7. Our Disaster Response Team will continue to monitor the path of the hurricane. This may result in our office being closed on Monday September 11, 2017 […]
OMB Approves 18-Month Fiduciary Rule Delay, With ‘Change’
/in Annuity NewsAUGUST 29, 2017 Originally published by ThinkAdvisor. The delay must now be finalized by Labor Department The Office of Management and Budget approved on Monday the 18-month delay for the more onerous provisions of the Labor Department’s fiduciary rule. The OMB approval, which usually takes 90 days, took less than a month. The office listed its action as […]
DOL Seeks 18-Month Delay of Fiduciary Rule
/in Annuity NewsDOL Seeks 18-Month Delay of Fiduciary Rule By John Hilton – InsuranceNewsNet – August 9, 2017 The Department of Labor moved today to delay phase two of the controversial Obama-era fiduciary rule by 18 months. Documents (ß Notice of Administrative Action)were filed today with the Office of Management and […]