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 ...

Statutory pre-tax loss was $1 million in the current quarter LTC continued to benefit from premium increases and benefit reductions from IFAs, though lower than the prior quarter and prior year as the ...

Nov 16 - Fitch Ratings has affirmed the 'A-' Insurer Financial Strength (IFS) ratings of Genworth Life Insurance Company, Genworth Life and Annuity Insurance Company and Genworth Life Insurance ...

RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended December 31, 2024. “I’m pleased with our financial and operational achievements in ...

However, the Long-Term Care Insurance segment reported a loss of $30 million, reflecting lower limited partnership income and renewal premiums. The Life and Annuities segment posted a $33 million loss ...