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AM Best Affirms Credit Ratings of Ameritas Life Insurance Corp. and Its Subsidiary


Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Affirms Credit Ratings of Ameritas Life Insurance Corp. and Its Subsidiary
April 16, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Apr 16, 2021
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Ameritas Life Insurance Corp. (Lincoln, NE) and Ameritas Life Insurance Corp. of New York (New York, NY). These insurance entities comprise the life/health operations of Ameritas Mutual Holding Company (all companies are collectively referred to as Ameritas). Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a-” on the group’s surplus notes (see below for details of the Long-Term IR). The outlook of these Credit Ratings (ratings) is stable. ....

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Goldman Scarlato & Penny Is Investigating Securities Sales Practices and Representations to Investors Involving Vida Longevity Fund


Press release content from Accesswire. The AP news staff was not involved in its creation.
Goldman Scarlato & Penny Is Investigating Securities Sales Practices and Representations to Investors Involving Vida Longevity Fund
March 13, 2021 GMT
Investors in Vida Longevity Fund securities who believe they suffered investment losses might be able to pursue recovery of such losses from the investment advisory firms that recommended those investments, explains the investor rights law firm.
CONSHOHOCKEN, PA / ACCESSWIRE / March 13, 2021 / Goldman Scarlato & Penny PC investor rights attorneys have launched an investigation into the securities sales practices by certain investment advisors surrounding the sales of investments by such advisors in Vida Longevity Fund (VLF), a Texas-based life settlement investment fund. The fund is managed by Vida Capital, an alternative asset manager that purports to focus on “longevity-contingent assets” and other insurance-linked securi ....

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