Life Insurance News

Palmetto Heritage Holdings, LLC, Atlantic Coast Life Insurance Company, and Southern Atlantic Re, Inc. are pleased to announce ongoing discussions regarding a potential acquisition of Atlantic Coast Life and Southern Atlantic by a South Carolina- based investor group organized by Palmetto Heritage. Palmetto Heritage looks forward to working…

A Douglas County jury has awarded $11.3 million in damages to an Omaha mother of 10, finding Farmers Insurance had acted in bad faith in refusing to make good on her husband's $350,000 life insurance policy. The case— brought by Vaneza Ramos after her husband, Jose Gaytan, died of COVD-19 in 2020— followed years of litigation and two jury trials.

Although the company’ s investment portfolio is of good liquidity, asset risk is high as assets are concentrated in Egypt, thereby exposing the balance sheet to the country’ s high economic and political risk and very high financial system risk. GIG Egypt has a record of generating strong earnings despite the challenging operating conditions and high…

Symetra Life Insurance Company today announced that Fortune ® magazine and Great Place to Work ®, the global authority on workplace culture, have recognized Symetra on the 2026 Fortune Best Workplaces for Women™ list. This is Symetra’ s fifth consecutive appearance on the list, coming in at No. 39 among the top 100 organizations in the large workplace category.

AM Best will join a panel discussion to discuss shifting market forces in the U.S. life/annuity insurance segment at The Capitol Forum’ s“ Life& Annuity Industry at a Crossroads” event, on Thursday, Nov. 12, 2026, at the National Press Club in Washington, D.C.. The Capitol Forum covers public policy-related topics. Headquartered in the United States, the company does…

USAA Life Insurance Company today announced it ranked No. 1 in the JD Power 2026 U.S. USAA received an overall customer satisfaction score of 740 compared with an industry average of 653 and ranked #1 across each of the eight study dimensions. “Earning this recognition for the third consecutive year reflects our commitment to earning members’ trust with the…

RICHMOND— A life insurance company, one of the investors reportedly hit by a more than $500 million financial fraud, must stop selling policies in Virginia, the State Corporation Commission has ordered. The bureau's action and the settlement come in the wake of South Carolina insurance regulators' petition to a state court there authorizing them to take…

2026 OCT 27– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Disease Attributes- Critical Illness. According to news originating from Shanghai, People’ s Republic of China, by NewsRx correspondents, research stated,“ Mobile insurance is gaining increasing popularity in the global insurance industry.

Northwestern Mutual announced today the largest expected dividend payout in company history: $10.4 billion for 2027.

A life insurance company, one of the investors reportedly hit by a more-than- $500 million financial fraud, must stop selling policies in Virginia, the State Corporation Commission has ordered. The bureau's action and the settlement come in the wake of South Carolina insurance regulators' petition to a state court there authorizing them to take control of the…

BELLEVUE, Wash.& NEW YORK—- Symetra Life Insurance Company, a leading provider of life, retirement and employee benefit insurance products, and Teachers Insurance and Annuity Association of America, a long-standing leader in lifetime income, today announced the launch of Mariner Re Ltd., a Class E licensed reinsurer domiciled in Bermuda. Symetra Investment…

Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, today launched Jackson Fixed Index Accumulation™ and Jackson Fixed Index Accumulation™ Advisory, fixed index annuities that protect retirement savings while providing growth potential. “The launch of the Jackson Fixed Index Accumulation™ Suite…

Insurance industry veteran José Suquet's bags were nearly packed for a job in Miami in 2004 when recruiters looking to fill the top job at Pan-American Life Insurance Group in New Orleans came calling. It turned out to be a good decision for all involved— especially for the legacy New Orleans- based insurer that was losing market share and seeing profits erode…

A life insurance company, one of the investors reportedly hit by a more than $500 million financial fraud, must stop selling policies in Virginia, the State Corporation Commission has ordered. The bureau's action and the settlement come in the wake of South Carolina insurance regulators' petition to a state court there authorizing them to take control of the…

Members of AM Best’ s analytic team will deliver outlook presentations on China’ s non-life insurance segment and the global and Asian reinsurance markets at the 2026 Shanghai International Reinsurance Conference, which will take place 27-30 October 2026 in Shanghai, China. The presentation will be followed by one on the global and Asia reinsurance segments,…

2026 OCT 21– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ PEACE OF MIND, FOREVER” by Charles T.J. Weigell Fross Zelnick Lehrman& Zissu, P.C., representing Meiji Yasuda Life Insurance Company. This application was made…

SoFi members can now quote and purchase Prudential’s SimplyTerm life insurance through a fully digital experience in the SoFi app.