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Press Release

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NAIFA’s Future Leaders Program offers free sessions for students

January 31, 2023

NAIFA’s Future Leaders program consists of four 45-minute online sessions featuring highly successful insurance and financial professionals.

Scott Boutin named president of Standard Security Life

January 31, 2023

Balzofiore joined Standard Security Life in 1980 as a member of the internal audit team.

Health savings account balances increase in 2021

January 31, 2023

The majority of accountholders contributed more than they withdrew, which helps to improve financial wellness and better prepare accountholders to weather unexpected medical costs.

78% of families suffer financially handling estate affairs

January 31, 2023

Loss affects all aspects of grieving families’ lives, including their health and well-being: 93% of people who have experienced loss report suffering from at least one physical or mental symptom.

National Life expands living benefits suite

January 31, 2023

The companies of National Life Group are expanding their suite of living benefits, adding Alzheimer’s Disease and a new fertility journey rider beginning Jan. 28.

Commissioner Causey touts North Carolina’s captive insurance program

January 30, 2023

North Carolina Insurance Commissioner Mike Causey declared that the state’s Captive Insurance Program remains among the world’s strongest domiciles as…

Nearly half of all gig workers have no access to health insurance

January 26, 2023

Nearly half (48%) of gig workers find their access to health insurance negatively affected by deciding to engage in freelance work.

Half of investors plan to work after retirement

January 26, 2023

Turbulent market conditions and rampant inflation have forced investors to consider working after their retirement, according to a Nationwide Retirement Institute study.

Moody’s estimates $5B-$7B in losses from California flooding

January 26, 2023

This estimate reflects inland flood impacts for the U.S. and includes damage to infrastructure.

Cetera to acquire Securian’s retail wealth business

January 26, 2023

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.

Economic conditions blamed as insurance agency M&A dips in 2021

January 25, 2023

There were 987 announced insurance agency mergers and acquisitions in 2022, down 8% from 1,075 reported in 2021, according to OPTIS Partners.

Majority of Americans are more concerned about paying bills than planning their financial future

January 24, 2023

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.

US insurers expected to increase investment risk tolerance

January 24, 2023

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.

Washington Insurance Commissioner Mike Kreidler issues $55,500 in fines

January 23, 2023

Insurance Commissioner Mike Kreidler issued fines in December totaling $55,500 against insurance companies, producers, brokers, and individuals who violated state…

84% of Black advisors said they encounter obstacles, NAAIA report reveals

January 19, 2023

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?”

AmeriLife announces restructuring, organizational changes

January 19, 2023

Following three years of record-breaking growth and expansion, AmeriLife Group announced a strategic, organizational restructuring with the creation of two…

54% of Americans met or exceeded savings goals in 2022

January 18, 2023

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.

Insurtech company FloodFlash launches in U.S.

January 17, 2023

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.

January 12, 2023

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 consumers go online to shop for life insurance

January 12, 2023

More than four in 10 consumers go online or use an app when shopping for life insurance, according to a new TransUnion report.

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