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On November 5, Genworth Financial Inc., a major player in long-term care insurance, announced third-quarter 2014 performance results, reporting a $844 million net loss that flowed from review of the company's long-term care claims. [read post]
15 Nov 2008, 5:18 am
Several insurance groups with ties to the structured settlement industry submitted applications to become bank holding companies to the Office of Thrift Supervision (OTS) on Friday November 14, 2008.The Hartford Financial Services Group, parent of current structured annuity issuer Hartford Life Insurance Company, Genworth Financial Inc., and Aegon NV, parents of former structured annuity issuers were among the insurance groups.Hartford is seeking to acquire the… [read post]
17 Dec 2006, 3:49 pm
A reminder to structured settlement annuitants who are receiving annuity payments from First Colony Life Insurance Company, American Mayflower Life Insurance Company of New York and Federal Home Life,  parent Genworth Financial Inc. said it will merge three of its life insurance companies into existing Genworth-named insurance companies, effective Jan. 1, 2007 to simplify its corporate structures. [read post]
2 Oct 2007, 10:44 am
Major U.S. long-term care insurers, including Genworth Financial Inc., and Manulife Financial Corp are being asked about "troubling data" showing a sharp jump for the industry in claims-related complaints, a senior Republican lawmaker said on Monday. [read post]
5 Mar 2015, 6:00 pm by Gerry W. Beyer
McInerney, 58, is the chief executive officer of Genworth Financial Inc., the giant of long-term care insurance. [read post]
2 May 2009, 6:59 am
  According to a study completed by Genworth Financial Inc., the average cost of a private nursing home in Chicago will cost you $77,198, while a year admission to an assisted living facility in Chicago will cost you $46,398. [read post]
1 May 2008, 2:39 am
The survey by Genworth Financial Inc., comes as baby boomers are approaching retirement and worry that they haven't saved enough to cover day-to-day expenses as well as long-term medical care costs.The study found that the average annual cost for a private room in a nursing home rose to $76,460, or $209 per day, this year, a 17 percent increase over the $65,185 cost in 2004. [read post]
16 Jun 2010, 7:08 am by Kenneth J. Vanko
--Court: United States District Court for the District of ConnecticutOpinion Date: 6/1/10Cite: Genworth Financial Wealth Mgmt., Inc. v. [read post]
30 Aug 2012, 2:33 am by John L. Welch
In re Genworth Financial, Inc., Serial No. 77782734 (August 29, 2012) [not precedential].The Board deemed the marks to be similar in appearance, sound, connotation, and commercial impression. [read post]
7 Aug 2010, 12:25 pm by structuredsettlements
It has subpoenaed a number of companies including Northwestern Mutual, Prudential Financial, Inc, MetLife, inc., New York Life Insurance Company, Genworth Financial and Unum Group. [read post]
20 Dec 2011, 7:02 am
Genworth Financial, Inc. and Sun Life Financial, Inc. both announced that they would no longer be involved in variable annuities sales. [read post]
8 May 2017, 10:09 am
Now there's more good news for the carrier:"Genworth Financial Inc. startled investors Tuesday with good earnings news ... [read post]
8 Apr 2009, 8:27 am
A number of life insurers, including Hartford Financial Services Group Inc., Genworth Financial Inc. and Lincoln National Corp., struck deals last fall to buy regulated savings and loans so they could call themselves banks and qualify for government funds. [read post]
31 Jan 2014, 9:36 am
Previous CFPB investigations involving mortgage insurance reinsurance models included actions against United Guaranty Corp., Genworth Mortgage Insurance Corp., Radian Guaranty Inc., and Mortgage Guaranty Insurance Corporation. [read post]
14 Dec 2017, 6:18 am
Genworth Financial, Inc., [2] the Delaware Court of Chancery answered the question of Corwin‘s applicability in such demands in the context of discussing the Garner doctrine, which is based on a 1970 U.S. [read post]