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National Life Group Names Brenda Betts to Its Board of Directors

Business

National Life Group Names Brenda Betts to Its Board of Directors
Business

Business

National Life Group Names Brenda Betts to Its Board of Directors

2026-05-15 22:32 Last Updated At:22:41

MONTPELIER, Vt.--(BUSINESS WIRE)--May 15, 2026--

National Life Group announced at its annual meeting today that Brenda Betts has been elected to serve as a member of its Board of Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260515115079/en/

Prior to her recent retirement from Ernst & Young LLP, Betts was an audit partner with over 35 years of experience serving public and private financial services companies, specializing in all lines of insurance including life/health, property/casualty, and commercial, along with wealth and asset management. Additionally, she is qualified to serve as a financial expert under SEC, NYSE, NASDAQ and NAIC rules.

“Brenda is well suited to serve on National Life Group’s board,” said Chair, CEO, and President, Mehran Assadi. “Not only does she bring a wealth of industry knowledge and financial expertise, she also is a servant leader who does good in her community. We look forward to having her join our esteemed board of directors.”

Previously, Betts served as a board member for the San Antonio Museum of Art and the National Charity League Heart of Texas Chapter. She was also actively involved in EY’s leadership, people, diversity, and inclusive initiatives including recently serving as a senior partner to EY’s younger female executives working in the insurance industry.

“I am honored to join National Life Group’s Board and look forward to working with its distinguished Board members and leadership team, said Betts. “I am committed to supporting the organization’s mission and culture, both of which align closely with my own core values.”

Betts received a MBA in Finance and a BA in Accounting from the University of Kentucky. She also is an alumnus of the Harvard Business School – EY Journey to the Boardroom Program and the Kellogg School of Management Executive Program.

About National Life Group

National Life Group has been keeping promises since 1848, providing access to flexible, secure life insurance and annuities for families, businesses, educators, and first responders nationwide. With an independent, entrepreneurial spirit, our values are to “Do good, Be good, Make good” for our customers, agents, employees, and the communities we serve. Learn more at NationalLife.com.

National Life Group ® is a trade name of National Life Insurance Company (NLIC), Montpelier, VT founded in 1848, Life Insurance Company of the Southwest (LSW), Addison, TX chartered in 1955, and its affiliates. Each company is solely responsible for its own financial condition and contractual obligations. LSW is not an authorized insurer in New York and does not conduct insurance business in New York. NLIC, the flagship of National Life Group was founded in 1848, and all references to 1848 are attributable to NLIC.

Products are issued by National Life Insurance Company and Life Insurance Company of the Southwest.

Brenda Betts, Member of the Board of Directors at National Life Group

Brenda Betts, Member of the Board of Directors at National Life Group

BUDAPEST, Hungary (AP) — Hungary’s new Prime Minister Péter Magyar on Friday personally removed fencing around a historic building in the capital Budapest that served as the office of his autocratic predecessor Viktor Orbán.

Magyar announced that the famous Karmelita, located at Budapest's landmark Castle Hill, overlooking the Danube river, will be open for public until authorities decide on its future role.

The former Catholic monastery become a symbol of Orbán’s rule after he had it cordoned off in 2021.

“There is no place for cordons in Hungary after the change of regime,” Magyar told reporters as he symbolically pushed open the fences. He said the institutions had been built “from the money of the Hungarian taxpayers and made so beautiful with those funds.”

Magyar and his center-right Tisza party swept Orbán from power in an election in April, winning a two-thirds majority that gave him a clear mandate for major changes after his predecessor's 16 years in power.

Magyar has vowed to restore democratic institutions and governmental checks and balances that were heavily eroded during Orbán’s rule, and to clamp down on alleged corruption.

He has revealed the luxury renovations that former government members carried out on their offices. Magyar himself has said he would move his seat to the administrative part of the city on the other bank of the Danube.

The Karmelita building, he said, will now be accessible for an “extensive period.” Already, a website has been set up where visitors can book a tour. Magyar said some buildings in the castle zone have been renovated while other are under construction.

The situation “is likely to generate a number of new ideas,” he added without elaborating.

The prime minister has promised to repair his country’s ties with its European Union partners and restore Hungary’s place among Western democracies.

Magyar plans to form a National Asset Recovery and Protection Office, an authority tasked with investigating and seeking to recover public funds misused during Orbán’s tenure.

A construction sign prohibits entry to the former Karmelita Palace, which has previously housed the Prime Minister's Office, in the Castle District of Budapest, Hungary, Friday, May 15, 2026. (Robert Hegedus/MTI via AP)

A construction sign prohibits entry to the former Karmelita Palace, which has previously housed the Prime Minister's Office, in the Castle District of Budapest, Hungary, Friday, May 15, 2026. (Robert Hegedus/MTI via AP)

Hungary's Prime Minister Peter Magyar, second left, flanked by Minister of Transport and Innovation David Vitezy, second right, Minister of Interior Gabor Posfai, right, and Government Spokeswoman Vanda Szondi, attend the public dismantling of the barricade surrounding the former Karmelita Palace, which has previously housed the Prime Minister's Office, in the Castle District of Budapest, Hungary, Friday, May 15, 2026. (Robert Hegedus/MTI via AP)

Hungary's Prime Minister Peter Magyar, second left, flanked by Minister of Transport and Innovation David Vitezy, second right, Minister of Interior Gabor Posfai, right, and Government Spokeswoman Vanda Szondi, attend the public dismantling of the barricade surrounding the former Karmelita Palace, which has previously housed the Prime Minister's Office, in the Castle District of Budapest, Hungary, Friday, May 15, 2026. (Robert Hegedus/MTI via AP)

From left, Hungary's Prime Minister Peter Magyar, Minister of Transport and Innovation David Vitezy and Minister of Interior Gabor Posfai begin to dismantle the barricade surrounding the former Karmelita Palace, which has previously housed the Prime Minister's Office, in the Castle District of Budapest, Hungary, Friday, May 15, 2026. (Robert Hegedus/MTI via AP)

From left, Hungary's Prime Minister Peter Magyar, Minister of Transport and Innovation David Vitezy and Minister of Interior Gabor Posfai begin to dismantle the barricade surrounding the former Karmelita Palace, which has previously housed the Prime Minister's Office, in the Castle District of Budapest, Hungary, Friday, May 15, 2026. (Robert Hegedus/MTI via AP)

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