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About
The company was incorporated in 1924 and current management took over in 1989.
Throughout its history, the New Era family of companies has provided quality,
affordable insurance and financial products highlighted by outstanding customer
service.
Our Companies Include
New Era Life Insurance Company
Philadelphia American Life Insurance Company
New Era Life Insurance Company of the Midwest
*Each of these companies has sole responsibility for the products they issue.
A.M. Best Financial Rating
New Era is in the A.M. Best “Secure” group of insurance companies with a current rating of B++ (Good). A.M. Best is the leading provider of ratings for the insurance industry. Their ratings are recognized as the benchmark for assessing the financial strength of insurance organizations.
A.M. Best Upgrades Credit Ratings of New Era Life Insurance Company
OLDWICK – MAY 11, 2017
A.M. Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of New Era Life Insurance Company and its wholly owned life insurance subsidiaries, New Era Life Insurance Company of the Midwest and Philadelphia American Life Insurance Company, together known as the New Era Group. All companies are domiciled in Houston, TX.
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