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.
Press Release
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?
WASHINGTON, D.C.—The prospect of significant changes to tax policies across the board in 2021 is a stark reality. In preparation,…
A new survey conducted by Capital Group, home of American Funds, and one of the world’s leading investment management firms, finds that investors of all ages may lack the confidence, knowledge and resources needed to be confidence in their retirement.
John Hancock, the US division of Toronto-based Manulife, announced a new protection variable universal life insurance product, Protection VUL, is now available for sale from all approved distribution partners.
KING OF PRUSSIA, PA – March 31, 2021 – George Nichols III, President and CEO at The American College of…
Half Of Young Workers Say Pandemic Improved Work-Life Balance
MetLife’s 19th annual U.S. Employee Benefit Trends Study finds more than half of workers in their 20s (51 percent), including Gen Z and young millennials, say their work-life balance is better now than before the pandemic, while only one-quarter of baby boomers say the same.
WEST DES MOINES, Iowa — Athene USA announced the launch of Athene AccuMax, a fixed indexed annuity that provides enhanced…
Millions of California drivers will see auto insurance savings with the adoption of regulations presented at a California Department of Insurance workshop this week, according to Consumer Federation of America (CFA) and Consumer Federation of California (CFC).
A year into the COVID-19 pandemic, a Prudential survey finds that Americans are increasingly focused on near-term survival over planning…
New York– March 24, 2021: Anti-lockdown demonstrations in Germany, “Black Lives Matter” protests in the US or arson attacks on…
ARLINGTON, Va. and WINDSOR, Conn., March 23, 2021 – Nearly one third of consumers (31%) say COVID-19 has made it more…
NEW YORK, March 22, 2021 — AIG Life & Retirement, a division of American International Group, and a leading provider…
Des Moines, IA:Â Charlie Gipple, owner of CG Financial Group and long-time industry expert on annuities, life insurance, long-term care,…
Washington, D.C. – March 11, 2021 – A new study conducted by the Employee Benefit Research Institute examining individual account…
DALLAS – March 9, 2021 – Integrity Marketing Group, the nation’s largest independent distributor of life and health insurance products,…
COLUMBUS, Ohio, March 1, 2021 — As the COVID-19 pandemic persists, the impact has been felt by advisors and financial professionals, even the…
Radnor, Pa., March 8, 2021 – One-third of women say they are struggling to make ends meet, according to new…
Columbus, OH—March 8, 2021—Nationwide has joined with product development partner Annexus, the premier independent designer of fixed indexed annuities, to…
ARLINGTON, VA, March 8, 2021 — U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020, according…
Allianz Partners, a leading travel insurance and assistance company, is rolling out enhancements to its travel insurance products that may provide coverage to customers who become ill with COVID-19 or a future epidemic, are individually ordered to quarantine,* or are denied boarding due to a suspected illness.
Falls Church, VA (March 4, 2021) — Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors (NAIFA),…
CLEARWATER, Fla., March 2, 2021 — AmeriLife Group, a national leader in developing, marketing, and distributing annuity, life, and health…
NEW YORK–(BUSINESS WIRE)–Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc., today announced enhancements to its…
The U.S. single premium buy-out sales totaled $13.7 billion in the fourth quarter, up 21% from fourth quarter 2019, according to the Secure Retirement Institute U.S. Group Annuity Risk Transfer Sales Survey.
AIG Retirement Services, a leading retirement plan provider for tax-exempt and public sector employers, today announced the results of a…
MINNEAPOLIS – Feb. 24, 2021 – As Americans continue to grapple with many aspects of COVID-19, the vast majority believe…
RADNOR, Pa. (BUSINESS WIRE), February 18, 2021 – COVID-19 has altered almost every aspect of daily life, yet a positive…
New York, February 23, 2021 – Wealthspire Advisors unveiled today a suite of impact investing solutions for clients seeking to…
Former White House National Economic Council Director, Larry Kudlow, is joining The Bahnsen Group, a $2.6 billion national wealth management firm with offices in New York City and Newport Beach, Calif., as an economic advisor.
WASHINGTON, Feb. 17, 2021 /PRNewswire/ —Â A new white paper from Greenwald Research and CANNEX analyzing research conducted in the days…
Northwestern Mutual announced 2020 results today, reporting new records in seven key measures: revenue, total surplus, total company assets, client investment assets, total dividend payout, new clients and new financial professionals.
DENVER—Nearly seven in 10 U.S. adults (68 percent) say they experienced unexpected financial setbacks in 2020, according to a survey…
Consumer priorities have changed significantly as a result of the COVID-19 pandemic, with nearly half (45%) of consumers surveyed planning to save more and those most impacted financially seeking to mitigate future financial uncertainty.
KING OF PRUSSIA, PA – February 11, 2020 – George Nichols III, President and CEO at The American College of…
Radnor, Pa., Feb. 9, 2021 – The pandemic continues to create financial challenges for all Americans, but research from Lincoln…
DENVER (February 10, 2021) – The COVID-19 pandemic made the delivery of in-person pro bono financial planning services difficult in…
COLUMBUS, Ohio – Nationwide and Annexus Retirement Solutions today announced that they have partnered to bring to market Lifetime Income…
PARK RIDGE, Ill. (Feb. 9, 2021) — Throughout its nearly 100-year history, MDRT has evolved alongside the financial services profession,…
HARTFORD, CT – February 9, 2021 – According to Conning, high dividend equity strategies can serve institutional investors in this…
JERSEY CITY, N.J., February 8, 2021 — In the first nine months of 2020, the private U.S. property and casualty…
Arlington, Va. — Nearly six in 10 (59%) Americans are planning to make “carpe diem” their new mantra after the…
PORTLAND, Ore. — Feb. 2, 2021 — According to an updated study released today, nearly half (46%) of full-time American…
The National Association of Insurance and Financial Advisors announced that Jack E. Bobo, CLU, FLMI, passed away on January 15,…
Massachusetts Mutual Life Insurance Co. announced today it has reached agreement to acquire Great American Life Insurance Co. and other subsidiaries and affiliated entities, which primarily offer traditional fixed and fixed indexed annuity products.
The Allstate Corporation has agreed to sell Allstate Life Insurance Company (ALIC) to entities managed by Blackstone for $2.8 billion.
NEW YORK, N.Y., January 26, 2021 – Managing workplace leave of absence has historically been a challenge for employers, and…
Fourth-quarter variable annuity sales increased 4% from prior year to $27.9 billion, powered by robust registered index-linked annuity sales, according to preliminary results from the Secure Retirement Institute’s Individual Annuity Sales Survey.
Although the Consolidated Appropriations Act was largely a spending and stimulus relief bill, it also contained a provision that changed the determination of a minimum interest rate used in certain tax-related calculations for life insurance contracts.
Women investors in 2020 reported significantly higher levels of concern about a U.S. economic recession in the next 12 months…
NEWARK, N.J., Jan. 25, 2021 – Prudential Financial, Inc. has appointed Caroline Feeney as CEO of its U.S. Insurance & Retirement…
SAN FRANCISCO–(BUSINESS WIRE)– Charles Schwab has introduced two new variable annuities that are among the lowest cost in the industry….
New York– A trio of Covid-19 related risks heads up the 10th Allianz Risk Barometer 2021, reflecting potential disruption and…
NEW YORK, January 19, 2021 – New York Life announced today that it has expanded its comprehensive suite of retirement…
CARMEL, Ind., Jan. 14, 2021 /PRNewswire/ — Washington National Insurance Company, a national provider of supplemental health and life insurance products for middle-income…
