5Star Life Insurance Company announced today that Mark Singleton, President and Chief Executive Officer of 5Star Life, was named Chair of the Life Insurers Council (LIC) at its annual meeting in February in Destin, Florida
A.M. Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of 5 Star Life Insurance Company (5 Star Life) (Lincoln, NE). 5 Star Life is a wholly owned subsidiary of Armed Forces Benefit Association (AFBA).
Strategic move aligns with current presence and future growth plans
American Equity Investment Life Insurance Company (“American Equity”), a leading provider of fixed index annuities, and Armed Forces Benefit Association (“AFBA”) today announced that they will partner to transition American Equity’s National Guard and Fire Fighter group life insurance coverage to AFBA effective January 1, 2018.
The Armed Forces Benefit Association (AFBA) and its affiliate, 5Star Life Insurance Company, announced today it has been selected by the National Guard Association of California (NGAC) as the provider of its State Sponsored Life Insurance program effective May 1, 2017.