The transaction includes a broad strategic partnership agreement aimed at aligning the interests of the two organizations, including an arrangement whereby Securian Financial will distribute its individual life and annuity products through Cetera’s affiliated financial professionals.
Press Release
There were 987 announced insurance agency mergers and acquisitions in 2022, down 8% from 1,075 reported in 2021, according to OPTIS Partners.
The vast majority (82%) of Americans say they are worried about rising inflation continuing to have a negative impact on the purchasing power of their income in the next six months.
U.S. insurers are expected to increase their risk tolerance and grow portfolio allocations to private assets amid their concerns about higher market volatility and inflation, according to a new survey of U.S. life and property & casualty (P&C) insurers, sponsored by leading global insurance asset management firm Conning.
Insurance Commissioner Mike Kreidler issued fines in December totaling $55,500 against insurance companies, producers, brokers, and individuals who violated state…
The National African American Insurance Association launched the second installment to its research on Blacks/African Americans in the insurance industry: “The Next Steps on the Journey: Has Anything Changed?”
Following three years of record-breaking growth and expansion, AmeriLife Group announced a strategic, organizational restructuring with the creation of two…
While Americans continue to experience the challenges presented by inflation and a potential recession, New York Life’s latest Wealth Watch survey found that 66% of American adults are confident in their ability to reach their financial goals.
Parametric flood insurance company FloodFlash, the first insurance provider to pay catastrophic flood claims as fast as four hours, announced they have entered the U.S. insurance market.
CEO survey: Recession is the biggest worry in 2023
The Conference Board survey also found that most executives don’t think stronger economic growth will return anytime soon.
More than four in 10 consumers go online or use an app when shopping for life insurance, according to a new TransUnion report.
While flexibility is a top driver, ethical concerns with corporations figure in gig workers’ choices.
New annualized premium for supplemental health products ― accident, critical illness, cancer, hospital indemnity, and other supplemental health insurance products ― increased 3% in the third quarter 2022, according to LIMRA’s workplace benefits sales surveys.
The American Armed Forces Mutual Aid Association announced the addition of two new life insurance products, BeyondBasic and Simple Term.
Nearly one-third (32%) had to withdraw some of their retirement savings in 2022 in order to keep up with the rising costs of living.
Following record breaking growth in 2020 and 2021, U.S. life insurance application activity finished 2022 with year-to-date activity down -5.5%, according to the MIB Life Index.
While Americans worry about the rising cost of living, not saving enough, and taxes, those in the “middle market” who own cash value life insurance are less likely to be worried about these financial concerns, according to the latest study from Allianz Life.
The index additions are designed to help address challenges posed by changing economic conditions.
Transamerica announces the availability of the Transamerica Financial Choice IUL, a new index universal life insurance policy to protect beneficiaries while providing flexibility and opportunity for tax-advantaged supplemental income.
Department of Business and Industry Director Terry Reynolds announces the appointment of Nick Stosic as Interim Insurance Commissioner at the…
