Read our latest corporate news and announcements.

2015

  • Fitch Ratings Affirms the "AA-" (Very Strong) Financial Strength Rating of the LGA Companies

    Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Legal & General Group Plc's (L&G) core rated operating entities, Legal & General Assurance Society Ltd, Banner Life Insurance Company and William Penn Life Insurance Company of New York, at 'AA-'.

  • L&G Enters Into US Pension Group Annuity Contract with Philips

    Legal & General America announces it has entered into an agreement with the US subsidiary of Royal Philips (NYSE:PHG, AEX: PHIA) to provide retirement payments under a group annuity contract to approximately 14,000 of Philips' US retirees and other former employees, which will reduce the firm's pension obligations upon the closing of the contract in early December.

  • Grand Opening: Innovation & Transformation Center

    Legal & General America (LGA) takes the word transformation literally. The company transformed office space in its Urbana, MD headquarters to become a place for collaboration with employees, LGA's brokerage agency partners, and colleagues from L&G Group's retirement, protection, and investment divisions.

  • Standard & Poor's Affirms Legal & General AA- Rating

    Legal & General Group's rating includes its core subsidiaries—that's us! Following a review of U.K.-based Legal & General Group (L&G), Standard & Poor's Ratings Services affirmed its 'AA-' long-term insurer financial strength and credit ratings for L&G's core operating subsidiaries.

  • Gene Gilbertson Appointed President and CEO of Legal & General America

    Legal & General Group Plc ("Legal & General") is pleased to announce the appointment of Gene Gilbertson as President and Chief Executive Officer of Legal & General America (LGA). He has been serving in this capacity on an interim basis since March 4 of this year. Prior to his role as interim President and Chief Executive Officer, Gene served in the role of Executive Vice President and Chief Financial Officer of LGA.

  • A.M. Best Affirms A+ Rating for L&G Group and US Operations

    A.M. Best reaffirmed the A+ (Superior) financial strength rating and issuer credit ratings of aa- for Banner Life Insurance Company and William Penn Life Insurance Company of New York. Banner and William Penn are collectively referred to as Legal & General America (LGA). The outlook for all ratings is stable.

  • LGA Healthy Workplace Recoginition

    Legal & General America was one of 20 workplaces honored at the annual Healthy Workplace Recognition Awards Ceremony, which recognizes Frederick County workplaces that are committed to improving employee health and well-being.