SPRINGFIELD, Mass. (Nov. 2, 2026) — In its 175th anniversary year, MassMutual announced that it expects to pay a record…
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South Carolina, Atlantic Coast mediation fails to resolve reserving dispute
A mediation hearing held Friday failed to resolve the disagreement between South Carolina regulators and Atlantic Coast Life Insurance Co.
Life insurers race to win retirement customers as distribution shifts
Life insurance distribution is changing as population aging, retirement income needs and artificial intelligence reshape how insurers reach customers.
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Unum Group today reported a net loss of $419.7 million for the third quarter of 2026, compared to net income of $39.7 million for the third quarter of 2025.. Included in net loss for the third quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $853.0 million, primarily related to impairment losses recognized as a result…
First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today that Darryl D. Button has been appointed to the company’ s board of directors. A highly accomplished insurance and financial services executive with more…
Corebridge Financial, Inc. today reported financial results for the third quarter ended September 30, 2026. Net income available to common shareholders was $1.4 billion, compared to $144 million in the prior year quarter. The company completed its annual actuarial assumption update during the quarter which increased pre-tax income by $2 million in the…
SPRINGFIELD, Mass. (Nov. 2, 2026) — In its 175th anniversary year, MassMutual announced that it expects to pay a record…
Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc., today announced that its principal subsidiary, Protective Life Insurance Company, has completed its acquisition of Obsidian Insurance Holdings, Inc. and its affiliates from funds advised by Genstar Capital. This press release features multimedia. “Obsidian brings Protective into an…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, today announced a new annuity program– AARP ® Annuity Program from Jackson, an exclusive offering created for AARP members. Through the program, AARP members will have access to a distinct set of Jackson annuities and educational resources designed to help…
"Ryan Michalek, founder of Michalek Health Solutions, an independent health and life insurance brokerage in Tampa, Florida." The independent licensed agent says a renewal notice is a prompt to re-shop, and December 15 is the date to circle for coverage that starts January 1. Tampa, Florida, United States- October 15, 2026- Open Enrollment for 2027 health coverage…
MX” of Insignia Life S.A. de C.V.. Insignia was established in Mexico City in 2008 as a life insurance company that underwrites individual and group life through a commercial network of agents and brokers via 10 offices located throughout Mexico. Insignia ranks within the top 25 companies in the life insurance segment in the country, with a market share of less…
A life insurance company, one of the investors reportedly hit by a more-than- $500 million financial fraud, must stop selling policies in Virginia, the State Corporation Commission has ordered. The bureau's action and the settlement come in the wake of South Carolina insurance regulators' petition to a state court there authorizing them to take control of the…
SBL Holdings, Inc., the parent of Security Benefit Life Insurance Company, today announced that the annual dividend rate on its 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B will reset in November as provided in the Series B terms. Treasury yields to maturity plus a spread of 5.62%. We landed on the reset, which we believe is attractive for our…
Palmetto Heritage Holdings, LLC, Atlantic Coast Life Insurance Company, and Southern Atlantic Re, Inc. are pleased to announce ongoing discussions regarding a potential acquisition of Atlantic Coast Life and Southern Atlantic by a South Carolina- based investor group organized by Palmetto Heritage. Palmetto Heritage looks forward to working…
A Douglas County jury has awarded $11.3 million in damages to an Omaha mother of 10, finding Farmers Insurance had acted in bad faith in refusing to make good on her husband's $350,000 life insurance policy. The case— brought by Vaneza Ramos after her husband, Jose Gaytan, died of COVD-19 in 2020— followed years of litigation and two jury trials.
Although the company’ s investment portfolio is of good liquidity, asset risk is high as assets are concentrated in Egypt, thereby exposing the balance sheet to the country’ s high economic and political risk and very high financial system risk. GIG Egypt has a record of generating strong earnings despite the challenging operating conditions and high…
Symetra Life Insurance Company today announced that Fortune ® magazine and Great Place to Work ®, the global authority on workplace culture, have recognized Symetra on the 2026 Fortune Best Workplaces for Women™ list. This is Symetra’ s fifth consecutive appearance on the list, coming in at No. 39 among the top 100 organizations in the large workplace category.
AM Best will join a panel discussion to discuss shifting market forces in the U.S. life/annuity insurance segment at The Capitol Forum’ s“ Life& Annuity Industry at a Crossroads” event, on Thursday, Nov. 12, 2026, at the National Press Club in Washington, D.C.. The Capitol Forum covers public policy-related topics. Headquartered in the United States, the company does…
USAA Life Insurance Company today announced it ranked No. 1 in the JD Power 2026 U.S. USAA received an overall customer satisfaction score of 740 compared with an industry average of 653 and ranked #1 across each of the eight study dimensions. “Earning this recognition for the third consecutive year reflects our commitment to earning members’ trust with the…
RICHMOND— A life insurance company, one of the investors reportedly hit by a more than $500 million financial fraud, must stop selling policies in Virginia, the State Corporation Commission has ordered. The bureau's action and the settlement come in the wake of South Carolina insurance regulators' petition to a state court there authorizing them to take…
2026 OCT 27– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Disease Attributes- Critical Illness. According to news originating from Shanghai, People’ s Republic of China, by NewsRx correspondents, research stated,“ Mobile insurance is gaining increasing popularity in the global insurance industry.
Northwestern Mutual announced today the largest expected dividend payout in company history: $10.4 billion for 2027.
South Carolina, Atlantic Coast mediation fails to resolve reserving dispute
A mediation hearing held Friday failed to resolve the disagreement between South Carolina regulators and Atlantic Coast Life Insurance Co.