Welcome to our dedicated page for Federal Life Group news (Ticker: FLFG), a resource for investors and traders seeking the latest updates and insights on Federal Life Group stock.
Federal Life Group Inc (FLFG) maintains its position as an insurance innovator through strategic partnerships and customer-focused solutions. This news hub provides investors and industry professionals with timely updates on product developments, financial disclosures, and corporate milestones.
Access authoritative reporting on FLFG's initiatives including life insurance innovations, annuity product enhancements, and strategic industry collaborations. Our curated news collection features essential updates ranging from regulatory filings to market expansion efforts.
Key coverage areas include product launches like the MyICP care-focused annuity, partnership developments with global reinsurers, and operational updates from FLFG's Illinois headquarters. Content is verified through primary sources to ensure accuracy and relevance for financial decision-making.
Bookmark this page for continuous access to FLFG's latest corporate communications. Combine historical context from their 1899 founding with real-time updates on their mission to redefine insurance solutions.
Federal Life Group, Inc. (OTCMKTS: FLFG) announced that it will cease providing current information to the OTC Markets as of April 2023, expecting to downgrade to the OTC Expert Tier. The company stated that it cannot guarantee continued trading of its common stock on the OTC Markets or any other exchange. This decision follows an evaluation of the costs and administrative burdens associated with reporting to the OTC Markets. The company anticipates significant savings from this move, which it deems financially meaningful. Federal Life Group operates through its subsidiary, Federal Life Insurance Company, providing life and health insurance and annuity products.
Federal Life Insurance Company has announced a groundbreaking private placement variable annuity (PPVA) that offers significant exposure to Bitcoin and Ether. This product is designed for accredited investors and will be available nationwide in the fourth quarter of 2021. With the support of Bain Capital Insurance, the annuity aims to provide a tax-efficient investment opportunity for advisors targeting clients interested in digital currencies. Federal Life has partnered with leaders such as Gemini and WisdomTree to develop this innovative solution, reflecting the growing interest in crypto assets.
Federal Life Group, Inc. (OTCMKTS: FLFG) has declared a special dividend of $0.55 per share for its shareholders. The record date for this dividend is June 10, 2021, with payment expected on June 30, 2021. This announcement reflects the company's commitment to providing returns to its investors while maintaining a tradition of financial strength and stability.
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