Court sides with Ameritas in denying $4M STOLI payout to Wells Fargo
The decision continues a summer winning streak for life insurers in stranger-originated life insurance, or STOLI, cases.
News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.
The decision continues a summer winning streak for life insurers in stranger-originated life insurance, or STOLI, cases.
Life insurance and annuity sales hit records in 2025 and there’s every indication that those products will continue to see strong growth through the end of this year.
Globe Life reported higher second-quarter earnings Wednesday, driven by continued underwriting strength and strong health sales.
AM Best has revised the outlooks to negative from positive and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the following subsidiaries of Group 1001 Insurance Holdings, LLC: Delaware Life Insurance Company and Clear Spring Life and Annuity Company. These companies are referred to as the Group 1001 Life& Annuity…
The decision continues a summer winning streak for life insurers in stranger-originated life insurance, or STOLI, cases.
The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity Company of California; Blue Ridge Indemnity Company; Fortegra Specialty Insurance Company; and Fortegra Europe Insurance Company SE. In addition, AM Best has removed from under review with positive…
Delos Harley Yancey, Jr., age 92, passed away peacefully July 28, 2026, at his home in Rome, Georgia surrounded by loving family. Mr. Yancey was born July 6, 1934, in Atlanta, Georgia, son of Delos Harley Yancey, Sr. and Elizabeth Beauchamp Yancey. As Chairman, President and CEO of State Mutual Insurance Company, he spearheaded transformative milestones such as merging…
Wilde Wealth Management Group, an award-winning financial services firm that provides comprehensive retirement, investment, real estate, insurance, legal and tax planning services all under one roof, is pleased to announce that veteran financial advisor Vincent Esparza, CFP, CLU, has joined the firm as senior wealth advisor. Based in the Deer Valley Airpark,…
The agenda featured topics such as: the 340B Drug Pricing Program; autonomous vehicles; artificial intelligence; tort reform; developments in the flood insurance marketplace; insurance affordability and availability; charity care and medical debt reforms; innovations in disease screening and testing; insurers’ use of aerial imaging; and more.
Mercer Advisors, Inc., a national wealth management and financial planning firm, today unveils the second generation of Aspen, its proprietary, artificial intelligence- enabled ecosystem that powers its full-spectrum family office offering. Mercer Advisors built Aspen as a family office platform, to support its advisory teams in local markets in delivering…
Lincoln Financial today announced that it has entered into an agreement with Talcott Financial Group under which Lincoln will cede approximately $5.8 billion of in-force GUL statutory reserves, representing approximately 37% of Lincoln’ s remaining in-force guaranteed universal life block to a Talcott subsidiary. In connection with the transaction,…
HACKENSACK, N.J., July 29, 2026/ PRNewswire-PRWeb/– Paperclip, the leading secure data exchange platform for the insurance and financial services industry, announced today that National Life Group has joined its growing carrier network. The partnership enables distribution partners across the Paperclip ecosystem to seamlessly send Informal business to…
2026 JUL 28– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ DIGITAL ADVISOR SUCCESS HUB” by DAVID J. DAVIS BAKER& MCKENZIE LLP, representing Jackson National Life Insurance Company. This application was made available to…
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A+ and the Long-Term ICRs of“ aa” of Tennessee Farmers Mutual Insurance Company and its affiliate, Tennessee Farmers Assurance Company, which are members of Tennessee Farmers Insurance Companies.
Unum Group today reported net income of $256.9 million for the second quarter of 2026, compared to net income of $335.6 million for the second quarter of 2025.. Included in net income for the second quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $5.2 million, strategic actions impact of $30.7 million before tax, and…
Delaware Life Insurance Company, a leading provider of innovative and customizable financial solutions, today launched TrackGuard+™, a bonus fixed index annuity that combines a high upfront premium bonus, a strong lineup of index crediting strategies, enhanced in-contract liquidity, and principal protection in a single solution. “Many of today’s savers want…
Life insurance and annuity sales hit records in 2025 and there’s every indication that those products will continue to see strong growth through the end of this year.
The Best’ s Market Segment Report,“ Market Segment Outlook: Vietnam Non-Life Insurance,” states that the country’ s positive macroeconomic performance has been underpinned by buoyant electronic exports, and increasing foreign direct investment, driven by the global investment boom in artificial intelligence-related technology and infrastructure.
AM Best has commented that the Credit Ratings of Horace Mann Educators Corporation and its subsidiaries remain unchanged following the announcement of its transaction with Medical Mutual of Ohio to acquire Employee Services, LLC and Reserve National Insurance Company. Additionally, Horace Mann will reinsure MedMutual Life Insurance Company’ s group…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Hanwha General Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect HGI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and…
Globe Life reported higher second-quarter earnings Wednesday, driven by continued underwriting strength and strong health sales.
The following information was released by the office of the Iowa Attorney General:. Here, Bristol Myers Squibb, a pharmaceutical company, moved their employee pension plan to Athene, an Iowa company under the regulation of the state of Iowa. "States, including Iowa, have an impeccable history of protecting pensions for retirees," said Attorney General Bird.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb+” and the Vietnam National Scale Rating of aaa.VN of Bao Viet Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings also factor in rating enhancement from BVGI’ s parent, Bao Viet Holdings, a major finance and insurance group in Vietnam.