SOURCE: Fort Dearborn Life Insurance Company

June 11, 2008 14:36 ET

Fort Dearborn Life Insurance Company Rated Among the Strongest Life Insurers in the United States

CHICAGO, IL--(Marketwire - June 11, 2008) - Fort Dearborn Life Insurance Company® was rated "A" (Excellent) by Ratings, Inc., formerly Weiss Ratings.(1)

According to, an "A" rating means that a company offers excellent financial security and has maintained a conservative stance in its investment strategies, business operations and underwriting commitments. The "A" rating puts Fort Dearborn Life among the top companies in the United States.

"We are proud to be listed as one of the highest rated life insurance companies in the country," said Larry Newsom, president and CEO of Fort Dearborn Life. "The rating reflects our dedication to providing and maintaining financially secure products for our brokers and policy holders."

With nearly 40 years' experience, Fort Dearborn Life is among the country's leading providers of employee benefits. Fort Dearborn Life markets group life, short- and long-term disability, dental and individual annuity programs. Fort Dearborn Life has $2.2 billion in assets and $153 billion of life insurance in force. Fort Dearborn Life is rated A+ (Superior) by A.M. Best Company, affirmed November 1, 2007,(2) and is rated A+ (Strong) by Standard and Poor's for financial strength in its most recent report. Fort Dearborn Life is a subsidiary of Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company.

(1) As of May 5, 2008.

(2) A.M. Best Company rates the overall financial condition of a company using a scale of A++ (Superior) to F (In Liquidation).

Contact Information

  • Contact:
    John Myers
    Manager, Corporate Communications
    Email Contact