AUGUSTA, Main (WGME) -- A long-term care insurance company isn't getting the triple-digit rate hike it was hoping for. Genworth Life Insurance, based in Virginia, wanted to raise long-term care rates ...

If investors breathed a sigh of relief over this weekend’s announcement that Genworth had sold itself to a Chinese real estate and financial services concern, there was no such relief among insurance ...

Richmond, VA (August 8, 2017) – Genworth today announced that two industry leaders will be joining Genworth’s U.S. Life Insurance division to lead product management, distribution and product ...

(Bloomberg News) Genworth Financial Inc., the biggest U.S. seller of long-term care coverage, is betting on a rise in interest rates to boost profits as other insurers flee the business. Genworth, ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “b+” (Marginal) of Genworth Life ...

Thousands of long-term care insurance customers are being offered a tough choice: Pay no more policy premiums in exchange for greatly reduced benefits or keep paying but risk triple-digit premium ...

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "b+" (Marginal) ...