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US Life Insurers Remain On Strong Financial Footing, ACLI Speaker Says
Ayo Mseka
October 12, 2021
The life insurance sector remains a highly rated sector, a panel from S&P Global Ratings agreed. Ninety-two percent of companies are rated A or higher, and 93% have a stable outlook.
ACLI Elects Chair, Board And Officers For 2022
Press Release
October 12, 2021
The American Council of Life Insurers elected its chair, officers and board of directors Monday at the 2021 ACLI Annual Conference.
Crump Names New President; Promotes Carney To CEO
Press Release
October 11, 2021
Harrisburg, PA. (Oct. 11, 2021) — Crump Life Insurance Services today announced that Michael Martini has been named president of
Arizona IMO Seeks Bankruptcy Protection From IUL Fraud Fight
John Hilton
October 6, 2021
A prolific pension fraud scheme that spread to the insurance industry before being shut down by federal investigators has led to dozens of lawsuits and Chapter 11 bankruptcy for an Arizona IMO.
Life Insurance Sales Strong Across Product Lines In 2Q, Wink Reports
Staff Reports
October 6, 2021
Non-variable universal life sales for the second quarter were $779.2 million, up 19.9% when compared to the first quarter, Wink reports.
Ohio National Announces New Pricing For Term Life
Press Release
October 4, 2021
Ohio National announced new pricing today for its term life insurance, resulting in lower premiums across the product range.
Allianz Strikes $4B Reinsurance Deal With Resolution Re
Staff Reports
September 30, 2021
The persistent low interest rate environment over the past few years prompted the deal, Allianz said in a news release.
Report: Allianz Working On Deal To Shed U.S. Life Insurance Block
John Hilton
September 29, 2021
Allianz SE is working on a deal to offload a large block of U.S. life insurance policies in a move that reportedly could be announced in the coming days.
Maryland Couple Used Life Insurance To Fuel $20M Fraud, Feds Say
John Hilton
September 21, 2021
A Maryland couple allegedly concealed an elaborate fraud scheme over 25 years to reap more than $20 million in life insurance benefits on behalf of applicants.
Survey Shows Overwhelming Support For Paid Family And Medical Leave
Press Release
September 20, 2021
WASHINGTON – Americans across the political spectrum overwhelmingly support paid family and medical leave and expanding existing employer-based paid leave
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