New York Life Insurance Company

Coldstream Wealth Management Enhances Pacific Northwest Team with Addition of Experienced Wealth Manager Kevin Peterson

Retrieved on: 
Thursday, November 9, 2023
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SEATTLE, Nov. 9, 2023 /PRNewswire/ -- Coldstream Wealth Management ("Coldstream" or "the firm") – an employee-owned, independently operated wealth management firm – today announced the addition of experienced wealth manager Kevin Peterson to its newly formed Kirkland, Washington, team.

Key Points: 
  • Peterson brings $45M in assets under management, 25 years of experience to newly formed Kirkland, Washington-based team
    SEATTLE, Nov. 9, 2023 /PRNewswire/ -- Coldstream Wealth Management ("Coldstream" or "the firm") – an employee-owned, independently operated wealth management firm – today announced the addition of experienced wealth manager Kevin Peterson to its newly formed Kirkland, Washington, team.
  • Prior to joining Coldstream, Peterson served as a partner at The Summit Partners, a Bellevue, Washington-based wealth management firm where he was a financial adviser affiliated with Eagle Strategies, an agent of New York Life Insurance.
  • In June 2022, Coldstream announced a merger with LWM Wealth Management, a Kenai, Alaska-based firm with approximately $170 million in assets under management.
  • In September 2021, Coldstream announced a merger with Rosenbaum Financial, a Portland, Oregon-based firm with approximately $463 million in assets under management.

Nearly Half of the Sandwich Generation Report a Time They were Unable to Meet Essential Expenses Due to Costs of Caregiving, Finds Special Edition of New York Life Wealth Watch Survey

Retrieved on: 
Wednesday, November 1, 2023
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However, women caregivers continue to report carrying a greater emotional burden and spending more hours per week caregiving than men.

Key Points: 
  • However, women caregivers continue to report carrying a greater emotional burden and spending more hours per week caregiving than men.
  • The demographic profile of the Sandwich Generation is increasingly male compared to 2020:
    In 2023, 45% of self-reported caregivers are women and 55% are men.
  • “Our data show the demographic balance of the Sandwich Generation has shifted, as our population ages and more Millennials step into caregiving roles.
  • Over half (51%) of the Sandwich Generation report they’ve made a sacrifice to their own financial security to provide care and nearly half (45%) report having credit card debt.

CNO Financial Group Names Karen DeToro President, Worksite Division and Jeremy Williams Chief Actuary

Retrieved on: 
Thursday, October 26, 2023
University of Southern Indiana, Insurance, MAAA, CNO, NYSE, CERA, Health, EY, Mathematics, Economics, Life, Northwestern University, American Academy of Actuaries, CNO Financial Group, Projection, MBA, Growth, American Academy, Workplace, OneMain Financial, Retirement, FSA, University, Society, Society of Actuaries, Butler University, Management, Life insurance, New York Life Insurance Company

CARMEL, Ind., Oct. 26, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today named Karen DeToro as president, Worksite Division and Jeremy Williams as chief actuary, effective January 1, 2024.

Key Points: 
  • CARMEL, Ind., Oct. 26, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today named Karen DeToro as president, Worksite Division and Jeremy Williams as chief actuary, effective January 1, 2024.
  • DeToro and Williams will report to Gary C. Bhojwani, chief executive officer.
  • DeToro, currently CNO's chief actuary, is a seasoned insurance and financial services industry leader with nearly 30 years of experience in strategy, individual and group insurance product management, technology enablement, actuarial and finance.
  • "In the past several years, CNO expanded our Worksite offerings as a comprehensive provider of personalized employee benefits solutions," said Bhojwani.

Symetra Named to 2023 Fortune Best Workplaces for Women™ List

Retrieved on: 
Tuesday, October 24, 2023
Professional Services, Consumer, Women, Insurance, Human Resources, Finance, Financial services, Bureau of Labor Statistics, Workplace, New York Life Insurance Company, Organization, Multimedia, Great Places, Work, Culture, Nursing, Management, Woman, Symetra

Symetra Life Insurance Company today announced that Fortune® magazine and Great Place to Work®, the global authority on workplace culture, have recognized Symetra on the 2023 Fortune Best Workplaces for Women™ List .

Key Points: 
  • Symetra Life Insurance Company today announced that Fortune® magazine and Great Place to Work®, the global authority on workplace culture, have recognized Symetra on the 2023 Fortune Best Workplaces for Women™ List .
  • This is Symetra’s second consecutive appearance on the list, coming in at No.
  • View the full release here: https://www.businesswire.com/news/home/20231024232596/en/
    To determine the Best Workplaces for Women, Great Place To Work analyzed the survey responses of over 600,000 women who work for Great Place To Work Certified™ companies that were eligible for the list.
  • In addition to its Fortune Best Workplaces for Women honors for 2023 and 2022, Symetra’s recent workplace awards and recognition include Fortune’s Best Workplaces in Financial Services & Insurance (2023) and Forbes America’s Best Mid-Size Employers (2023).

Waterfall Announces Deployment of Expanded Insurance Asset Management Business

Retrieved on: 
Tuesday, October 24, 2023
Insurance, Nuveen, Portfolio manager, Investment, Spinal muscular atrophies, Financial services, Bank, New York Life Insurance Company

NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Waterfall Asset Management, LLC ("Waterfall" or the "Firm"), a global alternative investment adviser, announced the expansion of its insurance asset management business. Waterfall, which currently manages capital on behalf of insurance clients in asset backed credit and mortgage loan strategies, is forming a dedicated team to provide tailored investment solutions to insurers, with a focus on the US residential whole loan market, in which it has been an active investor since 2007.

Key Points: 
  • NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Waterfall Asset Management, LLC ("Waterfall" or the "Firm"), a global alternative investment adviser, announced the expansion of its insurance asset management business.
  • Tim brings to the Firm over 25 years of experience in managing investments in the mortgage securities and whole loan spaces for US-based insurance companies.
  • Waterfall's insurance asset management business will build on its track record in liquid and private asset-based lending and seek to capitalize on its focus on deep loan level analysis, conservative credit underwriting, proprietary technical servicing models and investing infrastructure, and its highly skilled capital markets team.
  • Tim Nabors recently joined Waterfall as a Managing Director of Portfolio Management with a focus on whole loan investments targeting institutional investors.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for November

Retrieved on: 
Monday, October 23, 2023
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First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

Consumer Satisfaction With Health Insurance Hits Record High, While Nonhospital Care Joins Index Leaders, ACSI Data Show

Retrieved on: 
Tuesday, October 17, 2023
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Health insurance satisfaction surges 4% to a record-high score of 76 (out of 100), with customer engagement points like call centers and websites improving 5% year over year, according to the American Customer Satisfaction Index (ACSI ® ) Insurance and Health Care Study 2022-2023 .

Key Points: 
  • Health insurance satisfaction surges 4% to a record-high score of 76 (out of 100), with customer engagement points like call centers and websites improving 5% year over year, according to the American Customer Satisfaction Index (ACSI ® ) Insurance and Health Care Study 2022-2023 .
  • Health insurers experience widespread policyholder satisfaction gains, with all but one provider upping their ACSI score.
  • Satisfaction with hospitals rises too, driven by improved outpatient care, which climbs 5% to an ACSI score of 81.
  • The ACSI Insurance and Health Care Study 2022-2023 is based on interviews with 12,849 customers, chosen at random and contacted via email between October 2022 and September 2023.

New York Life Hires Industry Veteran Don Vu as Chief Data and Analytics Officer

Retrieved on: 
Thursday, October 12, 2023
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New York Life today announced the hiring of industry veteran Don Vu as senior vice president and chief data and analytics officer.

Key Points: 
  • New York Life today announced the hiring of industry veteran Don Vu as senior vice president and chief data and analytics officer.
  • Vu joins New York Life from Northwestern Mutual where he served as chief data officer since early 2020.
  • He led a consolidated team across various disciplines, including data product and strategy; data science, AI, and analytics; data engineering; and data governance.
  • Vu served as vice president of data and analytics at WeWork, where he led its central data and analytics organization.

CNO Financial Group Names Michellen Wildin Senior Vice President and Chief Accounting Officer

Retrieved on: 
Monday, October 16, 2023
CAO, NYSE, Retirement, EY, Certified Public Accountant, University, Micki, Aviva, CNO, CNO Financial Group, McDonough, University of Northern Iowa, Kline, Executive Committee, Management, New York Life Insurance Company

CARMEL, Ind., Oct. 16, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) has named Michellen Wildin senior vice president of accounting effective October 23, 2023, and chief accounting officer (CAO) effective January 1, 2024.

Key Points: 
  • CARMEL, Ind., Oct. 16, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) has named Michellen Wildin senior vice president of accounting effective October 23, 2023, and chief accounting officer (CAO) effective January 1, 2024.
  • Wildin most recently served as senior vice president, financial planning and analysis at F&G Annuities & Life, Inc., where she was a member of the company's Executive Committee.
  • Previously, she held executive leadership positions at New York Life, including serving as vice president, corporate budget and expense analytics and chief financial officer of NYL Direct.
  • "John has served as chief accounting officer since 2002 and his leadership has greatly contributed to CNO's strong financial position today," said McDonough.

American Bar Endowment names Dana Sturtz Hill as new Executive Director

Retrieved on: 
Tuesday, October 10, 2023
Endowment, American Bar Association, ABE, Insurance, ABA, Savoy Hotel, American Bar Foundation, Management, New York Life Insurance Company

CHICAGO, Oct. 10, 2023 /PRNewswire/ -- American Bar Endowment (ABE) President Howard Vogel has announced that Dana Sturtz Hill is the Endowment's new Executive Director.

Key Points: 
  • CHICAGO, Oct. 10, 2023 /PRNewswire/ -- American Bar Endowment (ABE) President Howard Vogel has announced that Dana Sturtz Hill is the Endowment's new Executive Director.
  • "Our Board of Directors is pleased to welcome Dana as our new Executive Director," said President Vogel.
  • "With Dana at the helm of our public charity, the American Bar Endowment is poised for a period of innovation, enhanced member engagement, and strategic growth."
  • "It's a privilege to join the American Bar Endowment," said Dana.