Fort Dearborn Life Insurance names new chief actuary (Insurance Business Review)
Fort Dearborn Life Insurance Company has appointed Craig Nordyke as its new vice president and chief actuary.

A.M. Best Downgrades Ratings of Texas Life Insurance Company (Business Wire via Yahoo! Finance)
OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength rating to A- from A and issuer credit rating to a- from a+ for Texas Life Insurance Company . The outlook for both ratings is stable.

Settlement ends suits over General American Life Insurance's collapse (The Kansas City Star)
Goldman Sachs will pay $100.5 million to settle a lawsuit over the 1999 collapse of Missouri-based General American Life Insurance Co., once one of the country's biggest life insurers.

Life insurance association urges insurers to revise shield plan benefits (Channel NewsAsia via Yahoo! Singapore News)
SINGAPORE : The Life Insurance Association of Singapore has urged insurers to review the benefits of their integrated shield plans.