FSL Makes List of Top Performers for 7th Time

Fidelity Security Life Insurance Company Top 50 life-health insurance companies

Fidelity Security Life Insurance Company (FSL) has been named to the 2019 list of Top 50 life-health insurance companies selected for “outstanding financial results in areas of safety, consistency and performance over a five-year period.” The list, known as the Ward’s 50, was released by Aon plc, a leading global professional services firm that operates the Ward’s 50 benchmark group. The group analyzes more than 700 U.S.-based life-health insurers. To make the list, each company must pass minimum thresholds for safety and consistency as well as excel in financial performance…

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Fitch labels General Electric insurance “risky”, sending share prices tumbling

General Electric Insurance - long term care

A new report called the long term care insurance backer the riskiest one in that sector. A new Fitch Rating report referred to General Electric insurance as one of the riskiest backers of long term care coverage. It pointed to the company’s substantial claims exposure and comparatively small cash reserves for paying those claims. As a result of the new designation, G.E. saw its shares take a nose dive at the start of the week. The Fitch Ratings report is issued annually. The credit ratings agency underscored concerns outlined by…

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