One persistent myth continues to hold younger adults back from getting the coverage they need.
A lawsuit filed in an Arkansas federal court last week alleges that Globe Life routinely canceled small life insurance policies when confronted with claims.
ST. LOUIS— In the summer of 2010, Victoria R. Williams was looking into buying a $250,000 life insurance policy for her fiancé. In October 2011, her fiancé, Charles Harris III, was found shot to death at his home in north St. Louis County. Federal prosecutors said Williams worked with Michael Grady to carry out the scheme.
New York Life today announced the combination of its general account and third-party asset management businesses to create a global investment platform with approximately $785 billion in assets under management, effective Jan. 1, 2026. 1 The newly unified platform will bring together the full scale and capabilities of the firm’ s investment expertise…
New York Life announced today that Craig Sabal has been named chief investment officer of the company, effective Jan. 1, 2026. Sabal, who joined New York Life in 2020 as deputy CIO, will be responsible for the investment strategy, asset allocation, and management of New York Life’ s general account. Sabal will succeed Tony Malloy, who will be retiring in 2026 after a…
Symetra Life Insurance Company announced that Fortune ® magazine and Great Place to Work ® have recognized the company as one of the 2025 Best Workplaces in Financial Services& Insurance™. Symetra is No. 29 among the top 50 organizations in the large company category on the 2025 Fortune Best Workplaces in Financial Services& Insurance list.
Valmark Financial Group has announced a powerful new technology enhancement to its in-force life insurance business. The InForce Insurance Hub is supported by the broader infrastructure of Valmark’ s Policy Management Company and InForce Insurance Solutions Division. “The InForce Insurance Hub and its latest feature are game changers for Valmark Member…
iCover Direct announced results of a nationwide consumer survey revealing a significant lack of understanding among life insurance policyholders about their benefits.
AIG, after surviving scandal and shaking off a government takeover, is moving into what its top executive described as a “new chapter”
BULLHEAD CITY— Farmers Insurance Jerry Thompson Agency celebrated the grand opening of his new office at 1788 Highway 95, Suite 22 in Bullhead City on Sept. 4. Members of the community, city officials, Laughlin Chamber of Commerce, Volunteers In Partnership and Bullhead Business Builders group attended the grand opening ribbon cutting ceremony.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Aflac Life Insurance Japan, Ltd., American Family Life Assurance Company of Columbus, American Family Life Assurance Company of New York and Continental American Insurance Company. These companies represent the life/health insurance subsidiaries of…
AM Best has downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Ratings to“ a+” from“ aa-” of the property/casualty members of Erie Insurance Group. Erie Insurance Exchange is the lead company of Erie; the remainder of the P/C group is composed of inter-company pooling members, Erie Insurance Company and Erie Insurance Company of New…
September is Life Insurance Awareness Month and the perfect time to consider whether you have adequate coverage to protect your loved ones. While no one likes to think about what would happen if they weren't around, doing so is an act of love. Life insurance is fundamentally about protecting your loved ones should something happen to you.
NASHVILLE— Tennessee Governor Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. "Life insurance is a critical insurance product, and our entire team fully supports Governor Lee's proclamation, which should remind all Tennesseans to assess their families' financial needs," said TDCI Commissioner Carter Lawrence.
September is Life Insurance Awareness Month and the perfect time to consider whether you have adequate coverage to protect your loved ones. While no one likes to think about what would happen if they weren't around, doing so is an act of love. Life insurance is fundamentally about protecting your loved ones should something happen to you.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the primary life insurance subsidiaries of Protective Life Corporation, collectively known as Protective Life. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Protective Life Corporation.
Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. "Life insurance is a critical insurance product, and our entire team fully supports Gov. Lee's proclamation, which should remind all Tennesseans to assess their families' financial needs," said TDCI Commissioner Carter Lawrence. Consumers who need help locating a loved one's…
EdwardJones Member SIPO September is Life Insurance Awareness Month and the perfect time to consider whether you have adequate coverage to protect your loved ones. While no one likes to think about what would happen if they weren’ t around, doing so is an act of love. Life insurance is fundamentally about protecting your loved ones should something happen to you.
Red teaming can be leveraged to address some of the risks associated with an insurer’s use of artificial intelligence.
Pacific Life Insurance Company today announced the pricing of $750 million aggregate principal amount of 5.95% surplus notes due 2055 which represents a 105 basis points credit spread over the 30- year U.S. Treasury rate. The notes have been offered only to qualified institutional buyers in reliance on Rule 144 A under the Securities Act of 1933, as amended,…
