Monthly Archive: April 2020

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PSP, Alberta Teachers’ complete purchase of AltaGas Canada

Staff | April 2, 2020 The Public Sector Pension Investment Board and the Alberta Teachers’ Retirement Fund Board have completed the purchase of all 30,000,000 common shares of AltaGas Canada Inc. Through the all-cash transaction, which was announced in...

Genworth-Oceanwide Delay Merger Three Months Due To COVID-19

Richmond Times-Dispatch (VA) Henrico County-based Genworth Financial Inc. has received all of the regulatory approvals needed for its planned acquisition by a China-based investment firm, but the companies are delaying the deal by as...

Industry Groups Urge States To Temporarily Ease Licensing Requirements

Leaders of four insurance industry organizations have sent letters to every state insurance licensing authority requesting temporary licensing accommodations for producers who cannot complete regular licensing requirements because of the COVID-19 outbreak. The letters were sent...

Leveraging Life Insurance For Those With An Advanced-Stage Illness

By Adam Balinsky When an individual is diagnosed with an advanced-stage illness, there is a great deal of planning that follows – from weighing various treatment options and informing loved ones to preparing financially...

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Will COVID-19 Disrupt the InsurTech Movement?

New SMA Blog by Mark Breading, Partner, Strategy Meets Action — If there is one thing that we have all learned with the spread of COVID-19, it is that there is virtually no industry...

Moody’s Changes US Life Insurance Outlook To Negative

The outlook for the US life insurance sector has been changed to negative from stable, owing to the unprecedented economic turmoil from the coronavirus pandemic amid the decline in US Treasury rates and a...