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Press Release

Pagination

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Considine to retire as CEO of NCOIL; Successor picked from within

July 19, 2024

National Council of Insurance Legislators’ CEO Commissioner Tom Considine announced his retirement effective Dec. 31, 2024. The announcement came during…

Iowa insurance commissioner to control companies on behalf of defrauded investors

July 17, 2024

Iowa Insurance Commissioner Doug Ommen was appointed the receiver of Beckstone Partners, LLC (Beckstone), DesFined, LLC (DesFined), East King Management,…

Connecticut Gov. Lamont signs new captive insurance law

July 17, 2024

Connecticut Insurance Department (CID) Commissioner Andrew Mais announced that Gov. Ned Lamont has signed into law Public Act No. 24-138,…

July 16, 2024

American National introduces proprietary custom annuity index

American National Group today announced the launch of its first proprietary custom index, which will be paired with American National’s…

AIG adds ex-Accenture global supply head to executive team

July 15, 2024

American International Group today announced that Melissa Twiningdavis has been appointed executive vice president, chief administrative officer, effective Sept. 1….

July 12, 2024

Building Connections: 2024 MDRT Annual Meeting recap

Financial advisors exemplify a desire to learn from others and serve as listening ears to clients and community members alike….

Wisconsin releases enforcement actions for June

July 8, 2024

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for June. The actions are…

Integrity launches Integrity Wealth to fuel next growth phase

June 18, 2024

Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions,…

Iowa insurance agent sentenced to 18.5 years in prison for defrauding seniors

June 17, 2024

Zachary James Flaherty, 48, of Clive, Iowa, was sentenced on June 12 to 222 months (18.5 years) in prison after…

Wisconsin releases enforcement actions for May

June 4, 2024

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for May. The actions are…

North Carolina settles on 8% dwelling insurance rate increase

May 31, 2024

Insurance Commissioner Mike Causey today announced that the N.C. Department of Insurance has settled its legal dispute with North Carolina…

May 14, 2024
Image shows the words, "Life Premium Drops Year Over Year."

New annualized life insurance premium dips in Q1, LIMRA reports

Total individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA’s preliminary U.S. Life Insurance Sales Survey.

Fifteen California residents charged in alleged auto insurance fraud ring

May 13, 2024

The Inland Empire Automobile Insurance Task Force arrested 12 Southern California residents yesterday after an investigation found they allegedly conspired…

Americans value emotional intelligence from advisors

May 9, 2024

The majority of Americans (74.7%) agree that it’s important for advisors to demonstrate emotional intelligence both with their clients and themselves.

Wisconsin releases enforcement actions for April

May 6, 2024

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for April. The actions are…

New rule simplifies Medicaid enrollment

March 27, 2024

The Centers for Medicare & Medicaid Services has announced the publication of a final rule aimed at simplifying the Medicaid, Children’s Health Insurance Program and Basic Health Program application and renewal processes.

JPMorgan, BOA, others reach $70M settlement for alleged municipal bond fraud

March 25, 2024

A $70 million settlement in a whistleblower lawsuit against eight of the nation’s largest banks has been finalized and executed,…

ACA enrollment hits record high of 21.3M

January 24, 2024

About 15% of enrollees were those who are transitioning out of Medicaid or Children’s Health Insurance Program coverage.

LIMRA: Workplace benefits sales remain up after first 9 months of 2023

December 14, 2023

Despite mixed results in the third quarter, new annualized premium for workplace life insurance, disability insurance and supplemental health products remain ahead of 2022’s pace through the first nine months of 2023, according to LIMRA’s workplace benefits sales surveys.

December 12, 2023
life insurance

IUL sales have fifth quarter of double-digit growth as individual life premium rises 4% in 3Q

A strong economy and falling inflation sparked demand for life insurance in mid-2023, and that showed up in LIMRA’s third-quarter individual life premium surveys and estimates.

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