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November 9, 2026
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Illinois Insurance Director To Join Private Boutique Firm
Staff Reports
December 7, 2020
Robert Muriel, director of the Illinois Department of Insurance, announced that he’ll leave his position on Dec. 11. Muriel was
Guardian Life Introduces A Care Conversion Option Rider To Term Life
Press Release
December 3, 2020
NEW YORK, N.Y., December 3, 2020 — Guardian’s Care Conversion Option Rider (CCOR) is the first term insurance rider in
U.S. Life Insurance 2021 Outlook Remains Negative, Fitch Says
Press Release
December 3, 2020
Fitch Ratings-Chicago-03 December 2020: The ongoing concern regarding the economic fallout from the coronavirus pandemic could cause deterioration in key
MDRT Launches Association For Field And Home Office Leaders
Press Release
December 3, 2020
PARK RIDGE, Ill. (Dec. 2, 2020) — Building on its culture of excellence and providing financial professionals exceptional opportunities for
Whole Life Sales Lone Bright Spot In Third-Quarter Sales: Wink
Staff Reports
December 1, 2020
Third-quarter sales of whole life registered $1.05 billion, up 12.9% when compared with the previous quarter, according to Wink’s Sales & Market Report. But sales were down more than 10.2% as compared to the same period last year.
Life Insurance Sales To Match Pre-Pandemic Growth By 2022: LIMRA
Staff Reports
November 30, 2020
COVID-19 has increased consumer awareness about the need for life insurance. LIMRA research finds 6 in 10 Americans say they have a heightened awareness about the need for life insurance due to the pandemic and 29% say they are more likely to buy life insurance in the next 12 months.
IUL Sales Jump As Agents Get Handle On Remote Selling
Steven A. Morelli
November 30, 2020
After a challenging first half, the independent distribution channel jumps back into indexed universal life sales with a big pop in the
third quarter. Variable universal life also had a boffo quarter.
Insurers Victorious (So Far) On Pair Of COI Lawsuits
John Hilton
November 24, 2020
In a pair of lawsuits, both appealed to the 11th Circuit Court of Appeals, insurers prevailed in lower-court rulings over cost-of-insurance increases. The cases are important because they are among the few COI cases that insurers have won a favorable verdict.
Life Insurance New Annualized Premium Up 2% In 3Q, LIMRA Reports
Staff Reports
November 23, 2020
Driven by strong growth in whole life and term products, total individual life insurance new annualized premium increased 2% and the number of policies sold jumped 7% in the third quarter, according to LIMRA’s Third Quarter 2020 U.S. Individual Life Insurance Sales Survey.
Personalization Through Innovation: How Term Life Is Meeting Growing Needs
Greg Faux
November 23, 2020
Insurance companies are creating more products that grow with their customers’ finances and needs. Term life insurance has proven itself to be one of these versatile products.
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