Thursday, June 18, 2009

 

Beneficial Life To Stop New Policies; Ratings Slashed

Standard & Poor's Ratings Services slashed Beneficial Life Insurance Co. to junk territory in the wake of the company sending a letter to policyholders Tuesday saying it won't accept applications for new life-insurance and annuity products as of Aug. 31...

WSJ: Beneficial Life To Stop New Policies; Ratings Slashed

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