Press Release

Union Labor Life’s Outlook Is Designated “Positive” by AM Best 

AM Best, the world’s oldest insurance rating and information source, has revised The Union Labor Life Insurance Company’s outlooks from “stable” to “positive.” It has also affirmed the company’s Financial Strength Rating A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent). Union Labor Life is a subsidiary of Ullico Inc. 

Press Release

Ullico Invests in Estuary Power

Ullico Infrastructure Fund (“UIF”), an infrastructure investment fund managed by affiliates of Ullico Inc. (“Ullico”), today announced an investment in Reno, Nevada-based Estuary Power (“Estuary”). 

Press Release

Ullico’s Hearthstone Closes Acquisition of Hope Gas

Hearthstone Holdings, Inc. (“Hearthstone”), a portfolio company of Ullico Infrastructure Fund (“UIF”) announced today that it closed on its acquisition of 100% of the equity interests in Hope Gas, Inc. (“Hope Gas”), a regulated gas distribution company located in West Virginia. Hearthstone indirectly acquired Hope Gas from Dominion Energy, Inc. (“Dominion Energy”).