Genworth Financial Sucks Customer Reviews and Feedback

From Everything.Sucks

Genworth Financial is an S&P 400 insurance company. The firm was founded as The Life Insurance Company of Virginia in 1871. In 1986, Life of Virginia was acquired by Combined Insurance, which became Aon plc in 1987. In 1996, Life of Virginia was sold to GE Capital. In May 2004, Genworth Financial was formed out of various insurance businesses of General Electric in the largest IPO of the year.

According to reports, "Genworth Financial Inc. executives allowed the company's insurance units to upstream "hundreds of millions of dollars" in dividends during a time in which they supposedly knew their long-term care reserves were "woefully understated," three Genworth Life Insurance Co. and Genworth Life Insurance Co. of New York policyholders allege in a recently filed lawsuit.The underlying allegations stem from circumstances that culminated with Genworth's Nov. 5, 2014, announcement of a $531 million increase to its long-term care claim reserves. The plaintiffs allege that the defendants engaged in a "massive fraud" that involved the "manipulation" of expected claims duration on long-term care policies through the "deliberate use of outdated" data. As a result, the amount of reserves carried by Genworth Life and Genworth Life of New York were allegedly "underfunded in relation to the true expected need" prior to the 2014 action."


Be the first to tell the world why Genworth Financial sucks!

I certify that this review is based on my own experiece and is my opinion of this person or business. I have not been offered any incentive or payment to write this review.


Enter Code is a non-profit organization and communications forum for social activism. This website allows users a voice to share their point of view online about what sucks in the world.

We occasionally buy a dot sucks domain and point it at a specific page. We do this to bring awareness to our site and because, well, we love the dot sucks domain. If you ask us if we would sell the domain, our answer is simple. Absolutely not. We will give it to you.

If the domain pointing at this page inspires passion in you and you want to build a fuller site around it, you can have it. That’s right, we will simply give it to you. We want to promote more sites on the Internet where people can share their voices.

To make it as simple as possible for you to have this domain, simply take this Authorization Code to your favourite domain name registrar, and they can transfer it right to you.


We are all about feedback. If you have some thoughts for us, you can email us at