Protective Life

LifeQuotes.com Salutes Breast Cancer Awareness Month with a Good News Survey: Life Insurance Prices for Recovering Breast Cancer Patients are Lower than Four Years Ago

Retrieved on: 
Monday, October 9, 2023

Zieba continued, "High quality life insurance coverage is often available to breast cancer survivors at very attractive rates.

Key Points: 
  • Zieba continued, "High quality life insurance coverage is often available to breast cancer survivors at very attractive rates.
  • Breast Cancer Awareness Month is a yearly campaign that intends to educate women about the importance of early screening, checkups, and more.
  • "Life Insurance Innovation" award winner... Life Insurance Direct Marketing Association
    "The premier Web site in terms of details and ease of use..." -- Yahoo!
  • Life insurance policies described, quoted, shown and illustrated throughout this press release may not be available in all states.

Dreyfus Launches SPARK Shares of Dreyfus Government Cash Management Available Exclusively through BNY Mellon

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Dreyfus, one of the largest, trusted cash and liquidity managers, announced today the launch of SPARKSM shares (ticker: SPKXX).1 The share class allows clients to drive change with their liquidity investments by directing a donation to an eligible non-profit organization of their choice.2,3 The donation is expected to result in a positive, quantifiable impact for the selected organization.

Key Points: 
  • "Dreyfus created SPARK shares to give clients the power to drive change by selecting a charitable cause that aligns with their giving goals," said Laide Majiyagbe, Head of Financing and Liquidity at BNY Mellon Markets.
  • "SPARK shares support clients' philanthropic aspirations, and we are pleased to make it available exclusively through BNY Mellon, including our LiquidityDirect® platform."
  • "Our flagship Dreyfus Government Cash Management fund is an industry-leading money market fund that offers a competitive yield and is led by a seasoned team.
  • Dreyfus and BNY Mellon are proud to offer investors the opportunity to fulfill their own philanthropic goals, as well as their core liquidity needs, through SPARK shares.

Transamerica Taps Industry Leader Pooja Rahman as Chief Risk Officer

Retrieved on: 
Monday, September 11, 2023

BALTIMORE, Sept. 11, 2023 /PRNewswire/ -- Transamerica announced today that Pooja Rahman will be appointed as Chief Risk Officer (CRO) and a member of the Transamerica Management Board, effective September 11, 2023.

Key Points: 
  • BALTIMORE, Sept. 11, 2023 /PRNewswire/ -- Transamerica announced today that Pooja Rahman will be appointed as Chief Risk Officer (CRO) and a member of the Transamerica Management Board, effective September 11, 2023.
  • Her responsibilities will include managing all risk and actuarial functions along with maintaining Transamerica's risk management framework and enhancing its risk management capabilities.
  • Ms. Rahman joins Transamerica from Dai-ichi Life Holdings, Inc.'s US subsidiary Protective Life Corporation, where she has served as Chief Risk Officer.
  • Ms. Rahman succeeds Julie Spore, who has served as Chief Risk Officer since 2019, and will remain with the company in a new senior leadership position.

Axon Achieves Great Place to Work Certification Second Year in a Row

Retrieved on: 
Tuesday, September 5, 2023

SCOTTSDALE, Ariz., Sept. 5, 2023 /PRNewswire/ -- Axon Enterprise Inc., (NASDAQ: AXON), the global public safety technology leader, proudly announced today that it has been Certified™ by Great Place To Work® for the second year in a row. The prestigious award is based entirely on what current employees say about their experience working at Axon. This year, 87% of employees said it's a great place to work – 30 percentage points higher than the average U.S. company. Great Place To Work is the global authority on workplace culture, employee experience and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

Key Points: 
  • This year, 87% of employees said it's a great place to work – 30 percentage points higher than the average U.S. company.
  • Great Place To Work is the global authority on workplace culture, employee experience and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
  • Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," said Sarah Lewis-Kulin, VP of Global Recognition at Great Place To Work.
  • "We are thrilled to be Great Place To Work-Certified for the second year in a row," said Elizabeth Hart, EVP of People Operations.

Birmingham Selected as Host Site for a 3rd Time for Artificial Intelligence Bootcamp – APPLICATIONS CLOSING SOON!

Retrieved on: 
Monday, August 14, 2023

BIRMINGHAM, Ala., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by Protective Life Corporation in Birmingham.

Key Points: 
  • BIRMINGHAM, Ala., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by Protective Life Corporation in Birmingham.
  • The AI bootcamp is targeted toward underserved high school students (9th-12th grade) and offers participants a chance to learn the fundamentals of AI.
  • Protective has, once again, been selected as one of the 28+ host companies across the U.S. for fall 2023.
  • If accepted, participants will engage in a four-week bootcamp held on consecutive Saturdays from Oct. 14 to Nov. 4.

Kemper Appoints Christopher Flint as President of Kemper Life

Retrieved on: 
Tuesday, August 8, 2023

Kemper Corporation (NYSE: KMPR) announced that Christopher Flint has joined the company as President of Kemper Life, effective today.

Key Points: 
  • Kemper Corporation (NYSE: KMPR) announced that Christopher Flint has joined the company as President of Kemper Life, effective today.
  • Flint will report to Joseph P. Lacher, Jr., Kemper’s President, CEO and Chairman, and will be based at Kemper’s headquarters office in Chicago.
  • He received a BS from the University of Alabama at Birmingham and an MBA and MS from Creighton University.
  • He previously served on the FINRA Board of Governors and the LIMRA Life Insurance Advisory Board.

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team to Position Company for Sustainable Growth

Retrieved on: 
Wednesday, July 5, 2023

Sonida Senior Living, Inc. (the “Company”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced several steps the Company has taken to enhance its financial position and strategic capabilities.

Key Points: 
  • Sonida Senior Living, Inc. (the “Company”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced several steps the Company has taken to enhance its financial position and strategic capabilities.
  • The forbearance and subsequent loan modification provide the Company with additional financial flexibility to build on its strong operational momentum and pursue its strategic growth plan.
  • The Company expects the loan modification to be finalized by September 30, 2023, per the terms of the forbearance agreement.
  • “This combination of growth, and operationally-focused senior talent demonstrates our commitment to each of these critical areas of our business.”

AM Best Affirms Credit Ratings of Protective Property & Casualty Insurance Company

Retrieved on: 
Wednesday, June 28, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Protective Property & Casualty Insurance Company (Protective P&C) (St. Louis, MO).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Protective Property & Casualty Insurance Company (Protective P&C) (St. Louis, MO).
  • The ratings also reflect rating lift from its parent, Protective Life Insurance Company (Protective Life).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Life Subsidiaries

Retrieved on: 
Thursday, June 15, 2023

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the primary life insurance subsidiaries of Protective Live Corporation (headquartered in Birmingham, AL), collectively known as Protective Life.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the primary life insurance subsidiaries of Protective Live Corporation (headquartered in Birmingham, AL), collectively known as Protective Life.
  • Additionally, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the existing Long-Term Issue Credit Ratings (Long-Term IRs) of Protective Life Corporation.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Sonida Senior Living, Inc. Announces First Quarter 2023 Results

Retrieved on: 
Thursday, May 11, 2023

Three months ended March 31, 2023 as compared to three months ended March 31, 2022

Key Points: 
  • Three months ended March 31, 2023 as compared to three months ended March 31, 2022
    Resident revenue for the three months ended March 31, 2023 was $56.6 million as compared to $50.8 million for the three months ended March 31, 2022, an increase of $5.8 million, or 11.4%.
  • Operating expenses for the three months ended March 31, 2023 were $43.8 million as compared to $41.9 million for the three months ended March 31, 2022, an increase of $1.9 million.
  • Adjusted EBITDA for the three months ended March 31, 2023 was $7.8 million compared to $3.7 million for the three months ended March 31, 2022.
  • Adjusted EBITDA for the three months ended March 31, 2023 was $7.8 million compared to $4.6 million for the three months ended December 31, 2022.