Life insurance was the largest segment in the overall U.S. insurance industry in terms of gross written premium from 2007 through 2011 but the industry’s book of business shrank during that time, according to a new report..
The recent announcement that the state of New York discovered – and has since paid out — some $665.7 million in unclaimed life insurance benefits, has set tongues wagging about how much more might be going unclaimed across the nation…
For more than two decades, insurance attorney Edward S. Stone’s clients have been battling to collect on structured settlement annuities purchased from the now-defunct Executive Life Insurance Co. of New York…
With news that the U.S. economy contracted in the fourth quarter, a surprising trend has been reported in the life insurance industry…
Cigna Corp. saw its shares take a healthy bump as the Connecticut insurance firm released strong fourth quarter earnings and announced an attractive reinsurance deal..
The baby boomer generation has created increased demand for products and services that fit the generation’s lifestyle. For insurance agents that means a bubble of unprecedented opportunity…
For more than two decades, insurance attorney Edward S. Stone’s clients have been battling to collect on structured settlement annuities purchased from the now-defunct Executive Life Insurance Co. of New York…
The baby boomer generation has rippled across the past half-century, creating increased interest in and demand for products and services that fit the generation’s lifestyle…
Torchmark Corp. reported net income increased by 19.4 percent for the year ended Dec. 31, 2012, from $4.53 in 2011 to $5.41 last year…
Hartford Financial Services Group said it has completed the $615 million sale of its individual life insurance unit to Prudential Insurance for $615 million…
Industry analysts are speculating that MetLife’s recent deal to acquire South American pension provider AFP Provida could position current Americas head William Wheeler, 51, to become the life insurer’s next chief executive officer…
Rupe brings a great deal of insurance industry knowledge to her new position, and will work closely with Editor-In-Chief Steven A. Morelli to continue to bring award-winning content to the readers of the monthly insurance news publication and its website…
NAILBA speaker sees BGAs filling void left by insurance companies exiting advisor support role…
Question: What annuity product trends do you expect to see in the coming year? “There will be more and more…
Question: What will be the trends in life insurance products for the coming year? “We will see more hybrid…
Question: Third quarter reports are not all rosy, especially for carriers offering life and annuity products with living benefit guarantees….
InsuranceNewsNet Magazine has been awarded four prestigious editorial and design awards at two ceremonial events held in New York City by FOLIO, the prominent voice of the magazine industry, and the 2012 Editorial & Design Awards held by min (Media Industry Newsletter)…
Advisors like to educate but they also have to learn persuasion to close cases…
That’s $1 trillion in face amount that producers and carriers might want to pursue or at least know about, according to Eric Sondergeld of LIMRA, who is one of the researchers who has been looking at the numbers…
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