The following information was released by the Tennessee Department of Commerce and Insurance:. NASHVILLE Tennessee Governor Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. To support the proclamation, the Tennessee Department of Commerce and Insurance highlights the importance of life insurance coverage, which can…
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2025 SEP 19– 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“ RELIANCE MATRIX” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company. This application was made available to the…
Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICRs of“ a” of Oxford Life Insurance Company and its subsidiary, Christian Fidelity Life Insurance Company, which are collectively referred to as Oxford Group. These companies are owned by the group’ s ultimate parent, U-Haul Holding Company, which is also the parent of U-Haul International, Inc.,…
Winged Keel Group is pleased to announce that Sean O’ Reilly has recently joined the company as Chief Operating Officer. As the firm continues its rapid expansion as the premier national platform for the structuring, implementation, and administration of high-end life insurance, Sean is responsible for managing the firm’ s day-to-day operations in support of…
From a sporting standpoint, the Seagram family of Waterloo was known primarily for thoroughbred horse racing, but they were actually involved in many other activities, and it can be argued that their most lasting impression was on the world of hockey. Ed Seagram was the eldest of Joseph Emm Seagram's four sons, and from an early age he was groomed to follow in the…
On Feb. 7, 2025, Legal& General Group Plc agreed to the sale of its U.S. protection business to Meiji Yasuda Life Insurance Company and to establish a strategic partnership with Meiji to grow the U.S. pension risk transfer business with Meiji taking a 20% interest in L&G’ s U.S. PRT business, for a value of $2.3 billion. In this partnership, L&G will retain 80% of new and…
PacLife settles with Washington state plaintiffs in IUL illustration suit
Pacific Life settled a lawsuit brought by a Washington state couple who claimed they lost substantial retirement funds after being misled on an IUL.
Vermont judge dismisses two National Life companies from IUL lawsuit
A Vermont judge dismissed a pair of National Life companies from a lawsuit over an indexed universal life policy that returned 0%.
Law firm launches national practice targeting IUL lawsuits
A pair of South Carolina lawyers are rebranding their firm to focus on IUL litigation. Robert Rikard says IUL abuses are getting worse.
Life insurance can benefit you while you’re alive
Life insurance is typically viewed as just a payout when you die.
Best's Market Segment Report: AM Best Revises Outlook on France’s Life Insurance Segment to Stable
AM Best is revising its outlook on the French life insurance segment to stable from negative. In its new Best’ s Market Segment Report,“ Market Segment Outlook: France Life Insurance”, AM Best states that it expects the French life insurance segment to report further growth over the next year, despite headwinds from the wider economic and geopolitical conditions.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of C++ and the Long-Term Issuer Credit Ratings of“ b+” of Genworth Life Insurance Company and Genworth Life Insurance Company of New York. These companies are referred to as Genworth Financial Group. Concurrently, AM Best has affirmed the Long-Term ICRs of bb-” of…
LLMs hold promise for the actuarial field
Large language models hold promise for many industries and professions, including the insurance industry and the actuarial field.
Life insurers’ superpower? Long-term promises says ACLI CEO David Chavern
ACLI CEO David Chavern discusses the industry’s “moment,” the annuity boom, and why a new vocabulary is needed for what life insurers do.
Melchior was first licensed as a Life and Health Insurance agent in 1975 with the Metropolitan Life Insurance Company. In April of 1983, Bill left Metlife and was hired as a District Agent with the Northwestern Mutual Life Insurance company of Milwaukee Wisconsin. He was a ten-time qualifier of the Million Dollar Round Table, and a 30 year qualifier of the…
2025 SEP 16– 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“ EASYMED” by Paul Anthony Norman e- TeleQuote Insurance, representing E-telequote Insurance, Inc. This application was made available to the public on September…
Winged Keel Group is pleased to announce that Carolyn Rogers has joined the firm as a Client Relationship Manager. Residing in Maryland, Carolyn will focus on the Washington D.C. area, where her extensive network and expertise in the design, implementation, and ongoing administration of Traditional and Private Placement Life Insurance and Annuity…
Gulf Guaranty Life Insurance Company d/b/a American Gulf today announced that AM Best has upgraded the company’ s Long-Term Issuer Credit Rating to“ bbb+” from“ bbb” affirmed its Financial Strength Rating of B++, and removed the ratings from under review with developing implications. GGLIC received AM Best’ s fourth highest rating in its financial strength…
The World Life Insurance Report 2026, conducted jointly by LIMRA and the Capgemini Research Institute, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
Prosperity Life Group ®, an insurance, reinsurance, and asset management organization, today announced the launch of Prosperity PathPro SM Series Fixed Indexed Annuities, issued by S.USA Life Insurance Company, Inc., a Prosperity Company. “Prosperity PathPro Series has a unique story offering stability via guaranteed Par and Cap Rates, customized growth…
