MILWAUKEE – According to the latest findings from Northwestern Mutual’s 2021 Planning & Progress Study, U.S. adults aged 18+ say…
Press Release
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…
Liberty Mutual will add $2.3 billion in premium and State Auto’s network of approximately 3,400 independent agencies across 33 states and is expected to become the second largest carrier in this key distribution channel.
Binghamton, N.Y. (June 29, 2021) – Columbian Mutual Life Insurance Company today announced that its Board of Directors has unanimously…
CHATTANOOGA, Tenn. (June 28, 2021) — Companies have a new option to customize financial protection benefits for their workers, thanks to…
American International Group, Inc. today released its first Environmental, Social and Governance (ESG) Report detailing the company’s strategic progress.
MILWAUKEE, June 23, 2021 – Most Americans are still contending with the financial impact of the Covid-19 pandemic, according to…
MINNEAPOLIS – June 22, 2021 – Although the impact of the COVID-19 pandemic has many Americans feeling more worried about…
EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–LTCG has just released its 2020 Cost of Care report and analysis. Now in its eighth year,…
F&G announced a new annuity product category – the Fixed Index-Linked Annuity with the launch of Dynamic Accumulator. The new…
NEWARK, N.J., June 15, 2021 – Prudential Financial Inc. (NYSE: PRU), today launched FlexGuard® Income, a new indexed variable annuity…
MADISON, Wis. – Despite challenges presented by the COVID-19 pandemic and resulting recession, the middle class is displaying heightened optimism…
Kelly Rowland: Life Insurance Is A Way Of Saying ‘I’ve Got You’
As the 2021 Life Insurance Awareness Month celebrity spokesperson, the singer will reinforce the value of financial security through life insurance.
WASHINGTON – A new report based on the annual Retirement Confidence Survey, conducted by the Employee Benefit Research Institute and…
Fitch Ratings-Chicago- After a record-breaking hurricane season in 2020, U.S. property/casualty (re)insurers are bracing to absorb large potential catastrophe losses…
LINCOLN, Nebraska – Ameritas will now offer a new survivor life insurance product, Value Plus Survivor Index Universal Life Insurance…
WINDSOR, Conn., June 10, 2021—Following strong fourth quarter 2020 sales results, U.S. single premium buy-out sales totaled $1 billion in the…
More than one-quarter of parents surveyed said they don’t enforce all teen driving laws for their children. That may put…
ARLINGTON, VA, June 8, 2021 — U.S. commercial insurance prices increased again during the first quarter of 2021, according to…
In connection with June’s Men’s Health Month, created to bring awareness of male-specific health issues, Aflac released findings of its…
WASHINGTON, D.C. – America’s Health Insurance Plans announced a refreshed brand and updated mission that better aligns with its work,…
Life insurance activity growth slowed in May, but interest from those age 61 and older remained high.
MINNEAPOLIS – Perhaps once considered a passing fad, sustainable investing has solidified its place at the investing table and will…
Death benefits paid by U.S. life insurers surged to a new high on an absolute basis in the first quarter as a resurgence of COVID-19 contributed to adverse mortality for several leading carriers, S&P Global Market Intelligence reported.
MILWAUKEE, May 26, 2021 – In just over a year, so many habits and behaviors have been transformed by the…
Waltham, MA, May 25, 2021 – Delaware Life Insurance Company has launched an innovative new variable annuity with riders that…
SACRAMENTO, CA 20 May 2021 – Advertising on Google for health insurance providers just got more complicated. Starting on June…
BIRMINGHAM, Ala. – In 1988, researchers discovered that a mutation in a tiny worm’s genes could extend its lifespan by…
Indexed Life Sales Back On The Uptick In 4Q
Indexed life sales were back on the uptick in the fourth quarter 2020 while the death knell sounded for traditional universal life insurance. That was the word as Wink, Inc. released the fourth quarter 2020 life sales results.
Radnor, Pa. – According to Lincoln Financial Group’s Monthly Consumer Sentiment Tracker, Asian Americans (37%) are most worried about lost…
AIG Retirement Services and EVERFI announced findings from a new survey of over 20,000 college students nationwide. Despite a year…
NEW YORK, N.Y. – Guardian Life announces a new absence management offering, Guardian Absence Solutions, for companies seeking to simplify…
WASHINGTON – Sens. Chuck Grassley, R-Iowa, Maggie Hassan, D-N.H., and James Lankford R-Okla., introduced the Improving Access to Retirement Savings…
Fitch Ratings-Chicago/New York-19 May 2021: Fitch Ratings has revised its rating outlook for the U.S. life insurance industry to stable…
AUSTIN, TX – May 19, 2021 – Lion Street, Inc. today announced that its Board of Directors approved a cash…
Moody’s Investors Service moved its outlook for the U.S. life insurance sector to stable, one year after the COVID-19 pandemic…
CHICAGO/PRNewswire/ — Bankers Life announced its new Guaranteed Lifetime Income Annuity Plus with Enhanced Benefit (GLIA Plus). The new product…
Pandemic Accelerates Voluntary Benefit Offerings
The pandemic is driving more employers to offer voluntary benefits, with nearly all employers (94%) expecting these employee-pay-all or unsubsidized…
Record-Breaking Life Insurance Application Activity Continues in April
Year-over-year activity in April 2021 was up over April 2020 by an impressive 10.7% continuing strong growth in 2021, MIB reported.
NEW YORK–(BUSINESS WIRE)–J.P. Morgan has partnered with Nationwide to launch a new investment product that combines tailored-portfolio features with tax-efficient…
One out of every six adult workers (16%) in the United States are staying in jobs they might otherwise leave…
LAKEWOOD RANCH, Fla., April 30, 2021 /PRNewswire/ — A recent study from American Accounting Association finds health insurance companies are…
DES MOINES, Iowa–(BUSINESS WIRE)–Principal Financial Group reported today that optimism among small and medium-sized businesses is the highest it’s been…
(DENVER – APRIL 28, 2021) IMA Financial Group, a North American insurance brokerage firm specializing in risk management, insurance, wholesale…
New York Life Launches $1B Initiative To Address Racial Wealth Gap
The impact investment initiative aims o address the racial wealth gap by investing in underserved and undercapitalized communities over the next three years with a focus on supporting small businesses, affordable housing and community development.
Despite the pandemic, a higher percentage of workers and retirees said they are confident of a secure retirement, according to the 31st annual Retirement Confidence Survey.
Millennials Already Planning For Retirement: Nationwide Study
Millennials are clearly bucking the “slacker” perception, with 81% saying that they have a plan to protect themselves against outliving their savings, while 71% have a strategy to protect their assets against market risk.
COVID-19 Mortality Fueled Life Insurance Death Benefits Surge, S&P Says
The U.S. life insurance industry recorded its largest year-over-year increase in direct and net death benefits in at least 24 years as excess mortality due to COVID-19 triggered an unusual volume of claims during 2020, S&P Global Market Intelligence reported.
Record-Breaking Q1 For US Life Insurance Activity
The MIB Life Index reported first-quarter life insurance application activity showed its highest year-over-year, year-to-date and quarter-over-quarter growth since before 2018.
The number of uninsured in the United States would fall by 4.2 million if policymakers made a temporary provision in…
Washington, D.C., April 14, 2021 – Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that its next CFP®…
Washington, D.C. – April 14, 2021 – Today, the Finseca Foundation announced the launch of a new industry designation, the…
MINNEAPOLIS – April 13, 2021 – Although the economy is showing signs of rebounding from challenges brought on by the…
AUSTIN, TX – April 13, 2021 – Pensionmark Financial Group and Lion Street, Inc have entered a partnership focused on…
The Myths That Keep People From Buying Life Insurance
Even with increased interest, there are 102 million uninsured and underinsured Americans who believe they need to buy life insurance or to increase their coverage. This represents 40% the adult population. The question is why don’t they buy?
