Symetra and IRI Report on Allyship in Financial Services Industry
Symetra and Insured Retirement Institute release report on allyship in financial services, offering insights for fostering inclusion, equity, and diversity in the retirement industry.
USAA Returns Record $3.7 Billion to Military Members in 2025
USAA awards a record $3.7 billion in financial rewards to military members in 2025, highlighting its financial strength, rate stabilization, and strategic member support programs.
Sammons Financial Group Appoints New President to Drive Growth
Sammons Financial Group appoints Rob TeKolste as President, reinforcing leadership to advance growth and market strategy effective January 2026.
Hildene Capital to Acquire SILAC Annuity Provider for $550M; Jefferies Buys 50% Stake in Hildene
Hildene Capital Management is set to acquire SILAC Inc., an annuity provider with $10B in assets, for $550M. Simultaneously, Jefferies Financial Group purchases a 50% stake in Hildene. Deals expected to close by 2026 pending regulatory approval.
Sammons Financial Group Appoints Rob TeKolste as President to Drive 2030 Growth Strategy
Sammons Financial Group names Rob TeKolste as President, advancing its 2030 growth strategy with a focus on expanding insurance and wealth management services. Key leadership changes position the company for sustainable growth and diversification.
Jefferies to Acquire Stake in Hildene; Morgan Stanley Upgrades Rating
Jefferies Financial Group to acquire 50% stake in credit asset manager Hildene Capital, expects $75M pretax gain by Q3 2026. Morgan Stanley upgrades rating on capital market rebound prospects.
Berkshire Hathaway Updates Leadership in Insurance and Non-Insurance Divisions
Berkshire Hathaway announces key leadership changes in its insurance division, including a new GEICO CEO and plans for CFO succession, reinforcing its strategic governance and operational expertise.
Institutional Investment Activity and Dividend Update for The Hartford Insurance Group
Amundi reduces stake in The Hartford Insurance Group amid active institutional investment and dividend increase. Analysts offer mixed to positive stock ratings indicating stable growth prospects.
Binghamton University Acquires Former Insurance HQ for $5.5M to Support Growth
Binghamton University finalized a $5.5M purchase of Columbian Financial Group's former office complex amid insurer financial distress, supporting faculty and staff growth. The state's financial services department managed insurer rehabilitation and approved the sale. SUNY plans to convert the property to expand university operations.
Great-West Life Files Trademark for Multi-Service Financial Platform 'EMPOWER INVESTMENTS'
Great-West Life & Annuity Insurance Company has submitted a trademark application for 'EMPOWER INVESTMENTS,' a broad financial services brand covering digital portfolio management, retirement planning, investment advisory, and cybersecurity features.