The company expects to close and announce the acquisition no later than March 31. LIC's stake in the acquired health insurance company will not be majority.

AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of "bbb" (Good) and the ...

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to "bbb+" (Good) from "bbb" (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Unity Financial Life ...

of Life Insurance Company of Alabama (LICOA) (Gadsden, AL). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect LICOA’s balance sheet strength, which AM Best assesses as very strong ...