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Life Insurance News

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News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.

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Dearborn Group and Symetra Reach Agreement on Acquisition of Dearborn Group’s Life & Disability Business

June 30, 2025

Dearborn Group shifts focus to core health offerings as Symetra adds scale to growing Workforce Benefits business. CHICAGO& BELLEVUE, Wash.—- Dearborn Group, one of the nation’ s largest ancillary benefits providers, and Symetra Life Insurance Company, a national provider of life, retirement and employee benefit insurance products, today announced a definitive…

June 30, 2025
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Regulators and actuaries are considering a data change in future mortality scales.

Actuaries seek better data on troubling age 80+ mortality trend

Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older.

Woman has boyfriend kill her stepdad for life insurance payout, Florida cops say

June 27, 2025

A woman increased her stepdad’ s life insurance policy to $750,000, then 16 days later had her boyfriend kill him, Florida authorities said. A jury convicted 48- year-old Perry Stanley of first-degree murder and possession of a firearm by a convicted felon, the State Attorney’ s Office for the Seventh Judicial Circuit announced June 26. His girlfriend at the time,…

Royal Neighbors of America launches new single premium whole life product

June 27, 2025

Royal Neighbors of America has announced the launch of its new Jet Single Premium Whole Life product.

Serving more than policies: Lisa Beamer Agency treats clients like family

June 27, 2025

People who have yet to associate the word' insurance' with adjectives like' friendly',' helpful' and' fun' have not met Farmers Agent, Lisa Beamer. Beamer, who won the Worland-Ten Sleep Chamber of Commerce Small Business of the Year award in 2025, has been serving the Worland community as an insurance agent for a decade and is passionate about what she does.

June 27, 2025

The retirement shuffle: How the industry can adapt

Market volatility, recession fears, tariff uncertainties and other macroeconomic factors are driving many investors to rethink their long-term retirement and financial plans.

Securian Financial Names John Heshelman Chief Investment Officer

June 26, 2025

Securian Financial today promoted John Heshelman to vice president and chief investment officer. John Heshelman, Securian Financial vice president and chief investment officer. Heshelman also provides investment market and portfolio insights to Securian Financial leaders, including the company’ s board of directors.

KBRA Releases Comment on Venerable’s Announced Transaction with Corebridge

June 26, 2025

On June 26, 2025, Venerable Holdings, Inc. announced a transaction with Corebridge Financial, Inc. pursuant to which it will reinsure approximately $51 billion of variable annuity business from American General Life Insurance Company and The US Life Insurance Company in the City of New York. Additionally, Venerable will acquire Corebridge’ s investment…

Corebridge Financial Announces Transformative Individual Retirement Variable Annuity Transaction with Venerable

June 26, 2025

Corebridge Financial, Inc. today announced that it has entered into an agreement with CS Life Re, a subsidiary of Venerable Holdings, Inc. to reinsure all the variable annuities of its Individual Retirement business, with account value totaling $51 billion as of March 31, 2025. The transaction is valued at $2.8 billion, consisting of both ceding commission and…

Pacific Life Introduces New Variable Universal Life Insurance Product Now Available Through State Farm

June 25, 2025

“We’ re so proud that Pacific Protector Plus VUL was chosen to be a part of the State Farm portfolio. State Farm is committed to meeting customers’ needs with products and services to help customers manage the risks of everyday life and realize their dream. The design of Pacific Protector Plus VUL offers the opportunity for authorized State Farm agents to help…

Adults 30 and younger greatly overestimate the cost of life insurance

June 25, 2025

When asked to guess what the premium of a $250,000 20-year, level term policy would be for themselves, healthy adults in the 18–30-year-old range overestimated the median cost about 10–12 times more than its true cost.

New York Life to Award 20 Scholarships Supporting Students’ Post-Secondary Education Expenses and Long-Term Financial Literacy

June 25, 2025

New York Life, America’ s largest 1 mutual life insurer, is proud to announce the launch of the New York Life Financial Empowerment Scholarship, reflecting the company’ s ongoing commitment to supporting students throughout major life events and expanding access to financial literacy. Those from the high school classes of 2025 and 2026 can apply now through 4…

Allianz Life Study Finds Record High Investment Anxiety

June 24, 2025

More Americans say that they are too nervous to invest right now and are worried about their retirement savings more than they have in the last six years as extreme market volatility ripples through the economy, according to the 2025 Q2 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America. Nearly half of all Americans say…

June 24, 2025

A-Cap provides update on life insurers after tangling with regulators

After battling with regulators in Utah and South Carolina for much of the past 18 months, Advantage Capital and its…

June 24, 2025
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An Indiana woman is suing NLV Financial Corp. and its two life insurance subsidiaries over a 2023 indexed universal life policy that returned 0% after one year.

State claims added to amended lawsuit over National Life IUL illustrations

An Indiana woman suing NLV Financial Corp. and two life insurance subsidiaries over a 2023 indexed universal life policy that returned 0% is tacking on state claims in an amended complaint.

Everest Enhances Board of Directors with Appointment of Allan Levine

June 23, 2025

Mr. Levine is the latest addition to Everest’ s expanding Board, following the Company’ s recent appointments of Darryl Page and John Howard. Mr. Levine currently serves on the Board of the American Council of Life Insurers, the Advisory Board for the Tamer Center for Social Enterprise at Columbia Business School and the Board of the Nantucket Boys& Girls Club.

Credit Union Members Are More Likely to Have Ancillary Insurance Protections for Their Prized Purchases, Study Finds

June 23, 2025

Credit union members are more likely than non-credit union members to have ancillary insurance protections— roadside assistance, vehicle and property protection, extended warranties, etc.— for their high-value purchases, according to a new study. Securian Financial, a provider of insurance and other protection products to credit unions, surveyed just over…

June 23, 2025
Illustration of Ben Franklin's image from a $100 bill overlappting money transfer statistics. Implementing-best-practices-during-the-Great-Wealth-Transfer.

Study: How does flexibility impact life insurance purchase decisions?

In the world of life insurance, guarantees have reigned supreme. But new research suggests flexibility also may be highly valued.

AM Best Affirms Credit Ratings of Everlake Life Group Members

June 20, 2025

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Everlake Life Insurance Company and Everlake Assurance Company, collectively known as Everlake Life Group. Everlake Life is ultimately owned by Everlake Holdings, LP, and Blackstone Inc. is the ultimate parent company of the general partner of the vehicle…

AM Best Comments on Credit Ratings of Erie Insurance Group and Erie Family Life Insurance Company

June 20, 2025

AM Best has commented that the Credit Ratings of the property/casualty members of Erie Insurance Group and Erie Family Life Insurance Company remain unchanged following the organization’ s announcement that it sustained an information security event, which has resulted in a widespread network outage impacting Erie’ s systems. On June 11, 2025, Erie filed a…

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