NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) today released an update to its research report discussing the significance of fraternal benefit societies in the United States. Also known simply as fraternals, KBRA believes these policyholder-owned, non-profit organizations play a key role in the life insurance industry as providers of financial services while uniting people through a common bond such as religion, ethnicity, or occupation. The report includes a detailed exhibit listi