New York Life today added an optional Extended No Lapse Guarantee Rider to SVUL Accumulator II, its survivorship variable universal life insurance solution. The product is available in most states through New York Life financial professionals. They are asking how to protect it, how to transfer it efficiently, and how to make sure their plans hold up over time,”…
SS&C Technologies Holdings, Inc., in partnership with DPL Financial Partners, today expanded insurance solutions within SS&C Black Diamond ® Wealth Solutions’ Annuities& Insurance Marketplace. Additionally, Jackson National Life Insurance Company and Protective Life Insurance Company have joined AIM, increasing the platform’s integrated carrier…
Los Angeles County is investigating Farmers Insurance over its handling of claims from the 2025 Eaton and Palisades fires, focusing on potential violations of California's Unfair Competition Law. Los Angeles County Supervisors Kathryn Barger and Lindsey P. Horvath have claimed that after faithfully paying their premiums, wildfire survivors are being…
Home insurance affordability and cost transparency have become top issues in many states, especially as the U.S. approaches the midterm elections. The national average cost of home insurance is $3,012 per year, according to Insurify data, but localized risk has made averages less helpful for understanding the true cost of protection for many homeowners.
Jeff Black has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group. The Chicago- based consultant will advise a diverse portfolio of clients on human capital and benefits strategies designed to support growth, organizational transformation, and critical business initiatives. He earned a bachelor’ s degree in…
A judge in Comanche County, Oklahoma, recently de-designated 31 State Farm documents that had been concealed under a protective order, allegedly revealing proof the insurance company was employing a scheme that produced a profit of $1.4 billion by underpaying and denying wind and hail claims, according to KFOR. "They did a pilot in Dallas County, and it worked,"…
