Regardless of their vaccine status, two-thirds of senior citizens are still scared of catching the COVID-19 virus almost two years…
Press Release
Edward J. Chadwick, of Yakima, Wash., pleaded guilty to first-degree theft in Spokane County Superior Court involving 24 insurance premium finance loans.
The U.S. insurance industry’s top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and appeal processes—as well as underwriting, rating and insurance producer and sales issues.
ST. LOUIS, Oct. 12, 2021 — According to a new study from financial services firm Edward Jones in partnership with…
Finseca announced today that the Forum 400 membership has overwhelmingly voted in favor of merging the two organizations.
Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox announced a guilty plea from a Portland woman who filed false insurance claims totaling more than $135,000.
The American Council of Life Insurers elected its chair, officers and board of directors Monday at the 2021 ACLI Annual Conference.
NEW YORK–(BUSINESS WIRE)–Ambac Financial Group, a financial services holding company, today announced that its subsidiary, Everspan Insurance, has completed the…
New Berlin, NY – Preferred Mutual Insurance Company announced that they have promoted R. Benedikt Sander to the role of…
Events over the past 18 months have kept homeowners at home more than ever before. With more employers embracing a…
Harrisburg, PA. (Oct. 11, 2021) — Crump Life Insurance Services today announced that Michael Martini has been named president of…
MINNEAPOLIS – Oct. 11, 2021 – Plan sponsors overwhelmingly see the value of guaranteed lifetime income options according to new…
NEW YORK–New York Life announced the launch of MyIncome Protector, the first in a suite of solutions designed to replace…
DENVER — To welcome and support the learning and thinking differences of neurodiverse financial planners, the Financial Planning Association announced…
Transamerica announced the availability of its flagship stable value option, the Transamerica Guaranteed Investment Option, on an investment-only basis. The…
RIVERWOODS, Ill., (GLOBE NEWSWIRE) — Federal Life Insurance Company an Illinois-domestic carrier with a history dating back to 1899, today…
BOSTON /PRNewswire/ — Despite 93% of employers finding it important to be part of their employees’ long-term financial wellness through…
Employers expect health benefit cost to rise 4.7% on average in 2022 compared to 2021, according to early results from…
Ohio National announced new pricing today for its term life insurance, resulting in lower premiums across the product range.
Washington Insurance Commissioner Mike Kreidler extended two emergency orders related to COVID-19.
MINNEAPOLIS – Oct. 4, 2021 – After a summer of relative calm, Americans are increasingly worried about retirement risks related…
The percentage of unpaid customer awards in FINRA arbitration cases increased to nearly 30% and the percentage of unpaid award dollars rose to 24%, a new report finds.
Talcott Resolution Life Insurance Company today announced the execution of a flow reinsurance transaction with Lincoln National Corporation’s insurance subsidiary, The Lincoln National Life Insurance Company.
Half Of Americans Overwhelmed By Health Benefit Choices, Study Says
A new survey finds that nearly three-quarters of Americans admitted they had no clue how 401(k)s, health insurance or HSAs worked when they got their first job.
DENVER (September 22, 2021) – The Financial Planning Association announced today that the Board of Directors elected James Lee, CFP,…
CHICAGO, Ill. – Rising auto accident frequency and severity in the U.S. auto insurance market, combined with the challenges of…
The Centers for Medicare & Medicaid Services announced that, beginning this year, consumers will have an extra 30 days to…
Social media influencers who lose income because of a cyber-attack can now get insurance protection with personal cyber coverage from…
WASHINGTON – Americans across the political spectrum overwhelmingly support paid family and medical leave and expanding existing employer-based paid leave…
‘One-Size-Fits-All’ Retirement Planning A Problem For People Of Color
Allianz Life’s 2021 Retirement Risk Readiness Study identifies distinct differences among ethnicities regarding retirement risks as well as interest in getting help from a financial professional.
DALLAS, Sept. 14, 2021 /PRNewswire/ — Bestow, the leading digital life insurance platform, today announces the successful acquisition of Centurion Life Insurance Company,…
Dan Fortin, Chairman of Foresters Financial, announced today Foresters Financial President and Chief Executive Officer James Boyle’s intention to retire February 2022, coinciding with the fourth quarter board meetings.
The decline may be linked to the COVID-19 pandemic, the Employee Benefit Research Institute reported.
ARLINGTON, VA, September 13, 2021 — U.S. commercial insurance prices increased again during the second quarter of 2021, according to…
Life Insurance Activity Returns To Year-Over-Year Growth, MIB Reports
U.S. life insurance application activity returned to growth in August 2021 compared to August 2020 with year-over-year activity up 5.5%, MIB reports.
FineFix, Maryland’s uninsured motorist fine forgiveness program, officially ended on July 31, 2021.
Recordkeepers and advisors using iJoin will be able to offer the Allianz Lifetime Income+ Annuity with the Lifetime Income Benefit as a protected accumulation and decumulation option in 401(k)s and other defined contribution plans.
SmartRetirement Plus will be delivered through an intuitive digital experience that provides participants with information on how to convert retirement plan savings into retirement income.
The 2022 MDRT Executive Committee ushers in an integrated approach to supporting the financial services profession, as Randy Scritchfield takes his place as 96th president and Carol Kheng joins as secretary.
LIMRA and the Society of Actuaries (SOA) Research Institute announced today a new three-year partnership to collect and process data to be used in industry-wide experience studies.
DES PLAINES, Ill., Aug. 31, 2021 /PRNewswire/ — The National Insurance Crime Bureau’s Hot Spots report shows Colorado auto thefts…
Lincoln Financial Group today announced that Dennis R. Glass, president and CEO, will transition roles following the 2022 Annual Meeting…
Despite the economic ravages of the COVID-19 pandemic, the percentage of adults in the United States without health insurance held…
WASHINGTON, D.C., August 19, 2021 – Certified Financial Planner Board of Standards, Inc. (CFP Board) announced today that its Board…
The regularity of severe weather and fire events across the US last year led to the US natural hazard & fire…
July Life Insurance Activity Drops After 2020 Spike, MIB Says
This decrease is largely attributable to a spike in activity that occurred in July 2020 as the industry rebounded from the impact of the COVID-19 pandemic.
MINNEAPOLIS – Aug. 10, 2021 – After the disproportionate economic and career impacts that the COVID-19 pandemic dealt women, an…
Washington, DC | The National Legal and Policy Center (NLPC) blasted the Securities and Exchange Commission (SEC)’s for its recent approval on Friday, August…
Combo Life Product Sales Plummeted In 2020, LIMRA Reports
After strong results in 2019, total new premium for individual life combination products decreased 23% to $3.7 billion in 2020, according to LIMRA’s 2020 U.S. Individual Life Combination Products Annual Review.
Beachwood, Ohio– First Catholic Slovak Ladies Association has a new marketing name: the fraternal benefit society is now rebranded as…
The legislature for the state of New York as well as Governor Andrew Cuomo have officially signed bill S5760-A/A3222 into…
WASHINGTON, D.C. – A bill to lower barriers to innovative retirement income products by requiring the Securities and Exchange Commission…
San Francisco, CA – July 27th, 2021 – RetireOne and Protective Life Corporation announced the results of the “2021 RIA Protected…
MILWAUKEE – According to the latest findings from Northwestern Mutual’s 2021 Planning & Progress Study, U.S. adults aged 18+ say…
JERSEY CITY, N.J., July 26, 2021 — Private property/casualty insurers in the United States saw their net income after taxes…
Allianz Life Insurance Company of North America (Allianz Life) announced today that it is entering the defined contribution market with the launch of its Allianz Lifetime Income+ Annuity.
ATLANTA, July 20, 2021—Total final expense life insurance premium was $480 million among the 19 companies providing sales for both…
WASHINGTON – July 15, 2021 – The Employee Benefit Research Institute has released a new study examining the impact of…
The Connecticut Insurance Department has licensed United Rentals’ captive insurance company, Harbor Point Insurance, to insure itself against certain risks, including property damage from natural disasters.
ARLINGTON, VA, July 13, 2021 — Global life and property and casualty insurers want to improve the efficiency and auditability…
