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November 9, 2026
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53% Earning Half Or Less Of Their Pre-COVID-19 Income, Survey Finds
Press Release
August 11, 2020
Boulder, CO, August 11, 2020 – According to a survey of more than 1,100 U.S.-based respondents interested in flexible work,
Prudential Posts Big 2Q Loss, Accelerates Shift To Variable Products
John Hilton
August 5, 2020
Prudential’s individual solutions unit, consisting of annuities and life insurance, reported adjusted operating income of $185 million, down 43.4% mainly due to lower annuity sales. In response, the insurer has “repriced almost our entire product line,” said Charlie Lowery, chairman and CEO.
Principal Beats Projection With Lower Claims, Diverse Business
John Hilton
July 28, 2020
Despite COVID-19 death numbers up to double what was expected in the spring, Principal is cutting its projected impact on earnings from $20 million to $10 million per 100,000 U.S. deaths from the virus. The insurer credits its diversified product lines for enabling it to remain financially strong.
How Pandemic Rules Affect Life Insurance Underwriting For Foreign Nationals
user
July 27, 2020
Does the possession of a visa mean a prospect is declined for life insurance?
State Insurance Regulators Tangle Again On ‘Proxy Discrimination’
John Hilton
July 24, 2020
The Artificial Intelligence Working Group voted unanimously to adopt principles governing artificial intelligence last month, including the phrase “AI users should proactively avoid proxy discrimination against protected classes.” A task force is deciding whether or not to keep that language going forward.
2Q Earnings To Reveal Accuracy Of Life Insurers’ COVID-19 Estimates
John Hilton
July 24, 2020
Globe Life estimates $45 million of COVID-related life claims for 2020, nearly double its first-quarter projection. Globe Life is one of the first life insurance companies to report second-quarter earnings. The quarter offers the first glimpse at how well insurers are countering the financial impacts of the worldwide pandemic.
Build The Conversation On Race With The 5 Pillars Of Emotional Intelligence
Steven A. Morelli
July 24, 2020
Emotional intelligence is where “80% of you success lives,” according to Jamar Cobb-Dennard, a business broker at Indiana Business Advisors, who spoke about racial bias in the workplace in a webinar for the National African-American Insurance Association.
Insurers Back Off Age Restrictions, Make Pricing Changes
John Hilton
July 23, 2020
Several life insurers are reversing COVID-19 restrictions on underwriting, even as the pandemic continues to infect record numbers of Americans. Most insurers placed temporary age caps on underwriting in April as COVID-19 spread across the U.S. But policy sales suffered during the ensuing months.
Who Will Be The Next Generation Of Black Agency Owners?
Susan Rupe
July 22, 2020
Mentorship is the key in recruiting the next generation of Black advisors, and in helping them build their careers and eventually take over existing practices when the older generation of advisors is ready to retire.
AIG To Relocate Global Headquarters In New York City
Press Release
July 21, 2020
NEW YORK, July 21, 2020 — American International Group, Inc. (NYSE: AIG) today announced that it will relocate its global
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