Transamerica Corporation

Transamerica Supports Derecho Recovery Efforts in Cedar Rapids

Retrieved on: 
Wednesday, August 19, 2020
Geography of Iowa, Cedar Rapids, Iowa, Cedar Rapids, Iowa metropolitan area, Transamerica, Transamerica Corporation, IOWA, Transamerica Retirement Solutions

The Aegon Transamerica Foundation's work in Cedar Rapids is consistent with its mission to support the communities where the company's employees live and work.

Key Points: 
  • The Aegon Transamerica Foundation's work in Cedar Rapids is consistent with its mission to support the communities where the company's employees live and work.
  • "Transamerica has long been a part of the Cedar Rapids community and our hearts go out to those affected by this devastating and unexpected storm.
  • "Our support of recovery efforts in Cedar Rapids reflects our values as a company and demonstrates our profound commitment to our communities.
  • Transamerica isheadquartered in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa and Denver, Colorado.

Transamerica Offers New Funeral Planning Benefit for Index Universal Life Policies

Retrieved on: 
Tuesday, July 28, 2020
Films, Transamerica, Life insurance, Concierge, Insurance, Creative works, Transamerica Corporation

BALTIMORE, July 28, 2020 /PRNewswire/ -- Transamerica announced today thatit isnow offering a new funeral concierge benefit at no direct cost for qualifying life insurance policyholders.

Key Points: 
  • BALTIMORE, July 28, 2020 /PRNewswire/ -- Transamerica announced today thatit isnow offering a new funeral concierge benefit at no direct cost for qualifying life insurance policyholders.
  • Transamerica developed this new benefit, the Concierge Planning RiderSM, to provide grieving beneficiaries valuable resources to help plan the funeral of the insured person.
  • Expert help is available 24/7 to help plan the funeral and save money on funeral costs," said Blake Bostwick, Chief Executive Officer of the Individual Solutions division at Transamerica.
  • The new rider from Transamerica gives the family access to funeral planning and concierge services to help reduce the stress and expense of funeral planning.

Transamerica Launches New Stable Value Solution for 403(b) Retirement Plans

Retrieved on: 
Tuesday, March 3, 2020
Retirement plans in the United States, Stable value fund, 403, Transamerica, Retirement, Economy, Transamerica Corporation

BALTIMORE, March 3, 2020 /PRNewswire/ --Transamerica announces the availability of a custom stable value separate account product developed specifically for 403(b) retirement plans.

Key Points: 
  • BALTIMORE, March 3, 2020 /PRNewswire/ --Transamerica announces the availability of a custom stable value separate account product developed specifically for 403(b) retirement plans.
  • Unlike most general account or pooled separate account stable value products available to 403(b) retirement plans, Transamerica's new stable value solution offers transparency and flexibility regarding its crediting rate, expense ratio, and underlying separate account mandate.
  • "Transamerica is pleased to offer this innovative stable value solution to employers with 403(b) retirement plans for their employees," said Blake Bostwick, Chief Executive Officer, Workplace Solutions at Transamerica.
  • Minimum investments start at $40 million for 403(b) retirement plans, although Transamerica may consider smaller amounts.

LifeQuotes.com Releases Survey of Available Life Insurance for Pregnant Moms; Here are the Lowest Possible Rates with Some Useful Advice

Retrieved on: 
Monday, November 4, 2019
Finance, Economy, Money, Types of insurance, Insurance, Insurance industry, Transamerica Corporation, Prudential Financial, Life insurance, Annuity, Aegon N.V., Mutual insurance

"The strategy for acquiring life insurance while you are pregnant is clear: buy it as early as possible in your pregnancy, before any complications have arisen."

Key Points: 
  • "The strategy for acquiring life insurance while you are pregnant is clear: buy it as early as possible in your pregnancy, before any complications have arisen."
  • LifeQuotes.com operates an Internet-based life insurance exchange at www.lifequotes.com in which customers can buy life insurance from the company of their choice on a paperless basis.
  • Banner Life Insurance Company, Urbana, MD, policy form ICC08-LIA, and William Penn Life Insurance Company, Garden City, NY, policy form LIA-WP, both Legal & General America companies; Pacific Life Insurance Company, Omaha, NE, policy form ICC18 A18LYAP; Protective Life Insurance Company, Birmingham, AL, policy form ICC12-400 and Protective Life and Annuity in NY under policy form PL-400-NY; Pruco Life Insurance Company of New Jersey, Newark, NJ, policy form ORD 96200-2010, member companies of Prudential Financial, Inc., Newark, NJ; The Savings Bank Mutual Life Insurance Company of Massachusetts, Woburn, MA, policy form series B-56 (SBLI and The No Nonsense Life Insurance Company are registered trademarks of The Savings Bank Mutual Life Insurance Company of Massachusetts.
  • Transamerica Financial Life Insurance Company, Harrison, NY, policy form APA 40NY-107 and Transamerica Life Insurance Company, Cedar Rapids, IA, policy form APA401008T, both AEGON companies.

Consumer Watchdog: Transamerica Life Settles Lawsuit Concerning Increases in "Cost of Insurance" Charges

Retrieved on: 
Thursday, October 4, 2018
Economy, Finance, Transamerica Corporation, Transamerica, Insurance

LOS ANGELES, Oct. 4, 2018 /PRNewswire/ --Transamerica Life Insurance Company has agreed to settle a class actionlawsuit brought on behalf ofpolicyholders across the United Statesalleging that Transamerica improperly increased the monthly charges that the company withdrewfrom the accounts of policyholders who own certain "universal life" insurance policies.

Key Points: 
  • LOS ANGELES, Oct. 4, 2018 /PRNewswire/ --Transamerica Life Insurance Company has agreed to settle a class actionlawsuit brought on behalf ofpolicyholders across the United Statesalleging that Transamerica improperly increased the monthly charges that the company withdrewfrom the accounts of policyholders who own certain "universal life" insurance policies.
  • "Our number one goal was to get as much money as we could back to these policyholders as quickly as possible.
  • If the court grants preliminary approval of the proposed settlement, people whose policies were subject to the disputed charges will receive a notice in the mail.
  • In addition to Consumer Watchdog lawyers, the case was prosecuted by Andy Friedman and Frank Balint ofArizona-based Bonnett, Fairbourn, Friedman & Balint, P.C., and Adam Moskowitz of the Moskowitz Law Firm, based in Florida.

Transamerica Institute's Catherine Collinson Named an Influencer in Aging by PBS Next Avenue

Retrieved on: 
Thursday, September 13, 2018
Transamerica, Milken Institute, Transamerica Corporation

LOS ANGELES, Sept. 13, 2018 /PRNewswire/ --Nonprofit Transamerica Institute is proud to announce that CEO and president Catherine Collinson has been named an Influencer in Aging by PBS Next Avenue .

Key Points: 
  • LOS ANGELES, Sept. 13, 2018 /PRNewswire/ --Nonprofit Transamerica Institute is proud to announce that CEO and president Catherine Collinson has been named an Influencer in Aging by PBS Next Avenue .
  • Catherine has identified and implemented a multitude of aging-related industry thought leadership initiatives, including the founding of the nonprofit Transamerica Institute and Transamerica Center for Retirement Studies (TCRS).
  • In 2015, Catherine joined the Advisory Board of the Milken Institute's Center for the Future of Aging .
  • It comprises two research centers: Transamerica Center for Retirement Studies (TCRS) and Transamerica Center for Health Studies (TCHS).