Mutual of Omaha

AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries

Retrieved on: 
Friday, March 15, 2024
Professional Services, Insurance, Finance, ERM, Mutual of Omaha, PRT, Average revenue per user, Risk, ALL, Policy, News, Credit, AM Best, Superior, Palladium

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company (Melville, NY) and United World Life Insurance Company.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company (Melville, NY) and United World Life Insurance Company.
  • Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) of “a” (Excellent) of Mutual of Omaha Insurance Company’s surplus notes.
  • The group (collectively referred to as Mutual of Omaha) is domiciled in Omaha, NE, unless otherwise specified.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Ascensus to Acquire 401(k) Recordkeeping Business from Mutual of Omaha

Retrieved on: 
Wednesday, March 27, 2024
Retirement, Partnership, ABLE, Education, Corporation, Mutual, Government, Mutual of Omaha, Growth, Financial adviser

DRESHER, Pa., March 27, 2024 /PRNewswire/ -- Ascensus announced today that the company and Mutual of Omaha have reached a definitive agreement under which Ascensus will acquire Mutual of Omaha's 401(k) recordkeeping business.

Key Points: 
  • DRESHER, Pa., March 27, 2024 /PRNewswire/ -- Ascensus announced today that the company and Mutual of Omaha have reached a definitive agreement under which Ascensus will acquire Mutual of Omaha's 401(k) recordkeeping business.
  • Ascensus and Mutual of Omaha have collaborated for more than 20 years to help savers reach their retirement goals.
  • As an outsourced partner, Ascensus has provided recordkeeping; digital experiences for plan sponsors, third party administrators, and advisors; and participant services for the business it is acquiring.
  • The company's brands include Ascensus; Newport, an Ascensus company; and FuturePlan by Ascensus.

Marathon Petroleum Corporation announces election of two new directors

Retrieved on: 
Wednesday, January 31, 2024
Cloud, Business administration, MPC, U.S. Bancorp, College, Risk management, Motorola, Goddard Space Flight Center, L3Harris Technologies, Aerospace Industries Association, Mutual of Omaha, Central Waqf Council, User, Marathon Petroleum, Aircraft, Ford Motor Company, Information technology, Girl Guides, KPMG, National Space Council, Information, Loyola University, United Technologies, Acquisition, Record, Carnegie Mellon University, Davison Army Airfield, University, Health, American Institute, Oracle Corporation, Butler University, Management

FINDLAY, Ohio, Jan. 31, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that Eileen P. Drake and Kimberly N. Ellison-Taylor have been elected to the company's board of directors, effective March 1, 2024.

Key Points: 
  • FINDLAY, Ohio, Jan. 31, 2024 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that Eileen P. Drake and Kimberly N. Ellison-Taylor have been elected to the company's board of directors, effective March 1, 2024.
  • Ellison-Taylor is a former global leader at Oracle Corporation, where she held roles directing strategy and thought leadership for the company's financial services practice; health, human & labor vertical; and its cloud business.
  • "We look forward to their perspectives and strategic insights as we continue creating long-term sustainable value in an ever-evolving business environment."
  • The elections of Drake and Ellison-Taylor will increase the MPC board to 13 directors.

loanDepot Promotes David Smith to New Role as Vice President of National VA Lending

Retrieved on: 
Monday, November 6, 2023
Professional Services, Payments, Technology, Residential Building & Real Estate, Finance, Construction & Property, Electronic Commerce, NYSE, LDI, Smith, Veteran, Del-Mar-Va Council, Prudential Financial, Multimedia, USAA, Trust, Wells Fargo, United States Department of the Army, Mutual, Mutual of Omaha, Real estate, LoanDepot

loanDepot, Inc. ("LDI" or the "Company") (NYSE: LDI), one of the country’s leading non-bank mortgage lenders and a top provider of VA home loans, has promoted VA lending expert David Smith to the newly-created role of Vice President of National VA Lending.

Key Points: 
  • loanDepot, Inc. ("LDI" or the "Company") (NYSE: LDI), one of the country’s leading non-bank mortgage lenders and a top provider of VA home loans, has promoted VA lending expert David Smith to the newly-created role of Vice President of National VA Lending.
  • View the full release here: https://www.businesswire.com/news/home/20231106452593/en/
    loanDepot, Inc., one of the country’s leading non-bank mortgage lenders and a top provider of VA home loans, has promoted VA lending expert David Smith (pictured) to the newly-created role of Vice President of National VA Lending.
  • (Photo: Business Wire)
    Smith, himself a former sergeant in the U.S. Army, will drive the company’s national VA lending strategy.
  • “Serving my fellow veterans by helping them purchase their homes and build generational wealth is incredibly meaningful and personal for me,” said Smith.

Mutual of Omaha and Wellcare to Offer Co-Branded Medicare Advantage Plans for 2024 Plan Year

Retrieved on: 
Monday, October 30, 2023
Professional Services, Health, Women, Seniors, Optical, Men, Health Insurance, Family, Insurance, Consumer, Dental, Centene Corporation, WellCare, NYSE, Medicare, CNC, Medigap, Fortunate 400, PPO, Partnership, PDP, Part, Rich Fisher, Dallas–Fort Worth metroplex, Mutual of Omaha, Health insurance, Mutual

The Medicare Advantage plans, which include no premium and low premium options, will be available in select markets as part of this fall’s Annual Enrollment Period, which began Oct. 15 and runs through Dec. 7.

Key Points: 
  • The Medicare Advantage plans, which include no premium and low premium options, will be available in select markets as part of this fall’s Annual Enrollment Period, which began Oct. 15 and runs through Dec. 7.
  • “Mutual of Omaha and Wellcare have a wealth of experience meeting seniors’ health care needs and are a strong cultural fit.
  • “Wellcare and Mutual of Omaha share a deep commitment to offering quality and affordable healthcare,” said Wellcare’s Senior Vice President and Medicare CEO, Rich Fisher.
  • “The partnership provides an exciting opportunity for us to offer plans that meet the health care needs of Medicare beneficiaries.

Wellcare's Expanded 2024 Medicare Advantage and Medicare Prescription Drug Plan Offerings Bring Enhanced Value and Affordability to Members

Retrieved on: 
Wednesday, October 11, 2023
Food, Investment, Partnership, NYSE, American Legion Post No. 512, Veteran, Prescription, Pharmacy, Affordable Insulin Now Act, CVS, Hearing, Centene Corporation, American Legion, Veterans' affairs, Mutual of Omaha, Medicare Advantage, PPO, AEP, PDP, Gasoline, Legion, Medicare, CNC, Mutual, Spouse, MA, Part, Telehealth, Life insurance, Health insurance, Walgreens, WellCare

TAMPA, Fla., Oct. 11, 2023 /PRNewswire/ -- Wellcare, the Medicare brand and wholly owned subsidiary of Centene Corporation (NYSE: CNC), announced today it will expand its wide range of Medicare Advantage (MA) and Medicare Prescription Drug Plan (PDP) offerings during the 2024 Medicare Annual Enrollment Period (AEP), beginning Oct. 15, 2023. This includes the addition of Delaware and expansion into 21 new counties, increasing its total Medicare Advantage footprint to 37 states and 1,808 counties. Wellcare will also now offer the 23 newly designed plans as well as new Dual Eligible Special Needs Plans (D-SNP), accepting all dual eligible beneficiaries, and introduce a Wellcare Spendables™ debit card that will allow pre-loaded funds to be used across 55,000 nationwide retailers in 37 states.

Key Points: 
  • The investments and innovations we've made like our Wellcare Spendable card will make things simpler and more affordable for our members."
  • For 2024, Wellcare will be offering plans to more than 52 million eligible beneficiaries, accounting for 80% of eligible beneficiaries in 37 states.
  • More than 1.5 million beneficiaries are currently enrolled in an Wellcare Medicare Advantage plan.
  • Express Scripts will be Wellcare's pharmacy benefits manager for 2024, bringing increased value to members to provide quality at the lowest cost.

The Iconic Mutual of Omaha's Wild Kingdom Returns to NBC

Retrieved on: 
Wednesday, October 4, 2023
Partnership, The More, Pacific Northwest, Mutual of Omaha, Channel, NBC, VOD, Wild, Hearst Media Production Group, Collection, Island fox, Mojave, Hunting, Central Texas

Co-hosted by accomplished wildlife experts Peter Gros and Dr. Rae Wynn-Grant, the series will take viewers to renowned locales from the Pacific Northwest and the Channel Islands to Central Texas and New England.  During their travels, Gros and Dr. Wynn-Grant meet up with experts working to protect endangered species on both land and sea, including the manatee, Channel Island fox, puffin, beaver, bald eagle, hellbender salamander, the critically endangered black-footed ferret and the Devils Hole pupfish -- the rarest fish in the world.

Key Points: 
  • NEW YORK, Oct. 4, 2023 /PRNewswire/ -- Mutual of Omaha's Wild Kingdom Protecting the Wild debuts on October 7, 60 years after the original Mutual of Omaha's Wild Kingdom series launched on NBC.
  • The series will bring the iconic Wild Kingdom brand back to its roots as it revisits some of the work that began decades ago with original series hosts, legendary zoologists Marlin Perkins and Jim Fowler.
  • Mutual of Omaha's Wild Kingdom Protecting the Wild is produced by Hearst Media Production Group (HMPG), in an exclusive partnership with Mutual of Omaha, airing Saturday morning's during NBC's "The More You Know" programming block.
  • Mutual of Omaha's Wild Kingdom Protecting the Wild is part of HMPG's current program portfolio which comprises more than 30 original series and hundreds of hours of content annually on leading broadcast networks and station groups and on connected TV and streaming platforms.

Invoca Celebrates 2023 Impact Award Winners Showcasing Excellence in Conversation Intelligence AI

Retrieved on: 
Wednesday, September 13, 2023
Cloud, City of Hope, Marketing, The Trade Desk, Blog, Acquisition, Patient, Investment, SVP, Rookie, Organization, Providence Health & Services, City centre, Knowledge, ROI, Customer success, Andersen, UFL Rookie of the Year, DIRECTV, Running, Four Seasons Hotels and Resorts, Google Cloud, Lunch, Season, Partnership, Intelligence, City, QA, Mutual of Omaha, Sales, Management, Online shopping, Retail, Entertainment, Pharmaceutical industry, Hope, Acadia Healthcare

SANTA BARBARA, Calif., Sept. 13, 2023 /PRNewswire/ -- Each year, Invoca, the recognized leader in conversation intelligence AI, honors select brands and partner teams for their use of conversation intelligence AI. This year, the 2023 Invoca Impact Awards recognize brands and partner teams creating significant impact in key business metrics, such as revenue growth, increased conversion rates, marketing efficiency and more. Winners this year include Four Seasons Hotels and Resorts, The Trade Desk, Google Cloud, DIRECTV and more. 

Key Points: 
  • SANTA BARBARA, Calif., Sept. 13, 2023 /PRNewswire/ -- Each year, Invoca , the recognized leader in conversation intelligence AI , honors select brands and partner teams for their use of conversation intelligence AI.
  • "At Invoca, our customers and partners are trailblazers, achieving outstanding results with conversation intelligence AI," said Jennifer Lovette, SVP of Customer Success at Invoca.
  • This year's Invoca Impact Awards winners who showcased excellence in conversation intelligence AI include:
    The Rookie of the Year is a customer who's been using Invoca for less than a year and has immediately showcased the value of conversation intelligence.
  • Learn more about the Invoca Impact Awards program: https://www.invoca.com/invoca-impact-awards
    Get inspired by Invoca Impact Award finalist stories: https://www.invoca.com/blog/invoca-impact-awards-2023
    See the results you can get with Invoca: https://www.invoca.com/customers

Tess Grace Joins Integrity as President of Integrity Life

Retrieved on: 
Tuesday, September 12, 2023
Senior, Mutual, Life, Tess, Culture, Long-term care, Integrity, Grace, Growth, Entrepreneurship, Health, Mutual of Omaha, Management, DALLAS

DALLAS, Sept. 12, 2023 /PRNewswire/ -- Integrity Marketing Group, LLC ("Integrity"), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced Tess Grace will become President of Integrity's life insurance division called Integrity Life. With more than 30 years of extensive industry experience, Grace will oversee Integrity's robust and expanding life insurance efforts and will work closely with Integrity's industry-leading partners and members of the executive leadership team to continue to accelerate Integrity's growth in the life insurance and long-term care markets.

Key Points: 
  • Experienced, top-tier executive will lead Integrity's efforts to provide innovative life insurance solutions to agents and consumers as part of its holistic life, health and wealth mission
    DALLAS, Sept. 12, 2023 /PRNewswire/ -- Integrity Marketing Group, LLC ("Integrity"), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced Tess Grace will become President of Integrity's life insurance division called Integrity Life.
  • "With Tess Grace at the helm of Integrity Life, we have a leader dedicated to accelerating our transformative growth who will magnify opportunities for all of us to serve consumers in more holistic ways," shared Bryan W. Adams, Co-Founder and CEO of Integrity.
  • "Integrity is committed to bringing on the best and brightest leaders in our industry, and Tess is the perfect leader at the perfect time.
  • As President of Integrity Life, Tess Grace will be responsible for leading Integrity's life insurance division.

Axar Capital and Morning Calm Launch Morning Axe Management  - A New Dedicated Real Estate Lending Platform Focused on the Middle Market

Retrieved on: 
Thursday, May 4, 2023
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Consulting, Mutual of Omaha, Senior, Mutual, MAM, Cerberus Capital Management, IA, Appetite, Dislocation, Investment, Risk, National Origins Formula, Bank

Axar Capital Management LP (“Axar”) and Morning Calm Management, LLC (“Morning Calm”) today announced the launch of Morning Axe Management (“MAM” or the “Company”), a real estate lending platform formed to offer capital solutions by originating senior loans and mezzanine loans in commercial real estate nationwide.

Key Points: 
  • Axar Capital Management LP (“Axar”) and Morning Calm Management, LLC (“Morning Calm”) today announced the launch of Morning Axe Management (“MAM” or the “Company”), a real estate lending platform formed to offer capital solutions by originating senior loans and mezzanine loans in commercial real estate nationwide.
  • Morning Axe will setup dedicated headquarter operations in Des Moines, IA with future origination teams spread across the country.
  • Morning Calm is a vertically integrated real estate investment and management platform with a focus on special situation investing.
  • Since their respective inceptions, Morning Calm and Axar have deployed over $5.0 billion of capital, including real estate investments in target property sectors.