Americans are growing more cautious about investing as concerns about a potential recession and ongoing market volatility rise, according to the Q2 2026 Quarterly Market Perceptions Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. About three in five worry that a major recession is right…
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2026 JUN 22– By a News Reporter-Staff News Editor at Insurance Daily News– Data detailed on Insurance have been presented. The news correspondents obtained a quote from the research from the Georgia Institute of Technology,“ However, with the post-World War II economy on an upswing and growth-related inflation looking likely, the potential downsides of…
Finally, AARP says that the general "rule of thumb is that you’ ll need about 80% of your preretirement income to maintain your lifestyle," according to its website. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's…
Veteran strategic human resources leader Earl Dudley Jr. will become Chief Human Resources Officer at Mutual of Omaha effective July 13, according to Chairman and CEO James Blackledge. Our workforce is at the core of our mission of helping more people more completely meet their financial needs, and Earl will play a vital role as we position our workforce for the…
How accelerated underwriting is transforming life insurance
Accelerated underwriting isn’t only a convenience, but it is a capital-efficiency play.
The following information was released by the Tennessee Department of Commerce and Insurance:. NASHVILLE The Tennessee Department of Commerce and Insurance proudly announces that over $107 million in insurance policies and benefits was located in 2025 for Tennesseans through the Life Insurance Policy Locator Service. From Jan. 1, 2025, to Dec. 31, 2025, the…
ST. LOUIS— Andrew C. Hubbard schemed with a cousin to give his mother laced drugs and cause an overdose so he could collect a $150,000 life insurance policy, prosecutors said in federal court Thursday. The plan to lace crack cocaine with heroin or fentanyl didn't kill her, so the cousin shot the woman instead and dumped her body in a St. Louis alley, Hubbard admitted in…
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…
Industry experts warn NAIC: Fix flawed IUL illustrations now
Current IUL illustrations are likely to leave consumers with unrealistic expectations about policy performance and retirement income potential, experts say.
InsuranceAUM.com, affiliated with The Institutes, welcomed executives from more than 60 insurance companies to the 5th Annual Insurance Investment Executives’ Meeting, held June 9– 11, 2026, at the University of Chicago Booth School of Business’ Gleacher Center in Chicago, Illinois. 2026 LP of the Year: Lale Topcuoglu, Head of Investment Strategy& Public Fixed…
The series is enabled through Matrix Trust Company, which provides the CIT structure and serves as the discretionary trustee, and is a subsidiary of global technology leader, Broadridge Financial Solutions. “As demand for retirement income solutions continues to grow within defined contribution plans, we are seeing plan sponsors and advisors look for more…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Hyundai Marine& Fire Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect HMF’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, favourable business profile and…
2026 JUN 17– 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“ LIFE INSURANCE THAT ENHANCES LIFE” by Heather J. Kliebenstein Merchant& Gould P.C., representing Pacific Life Insurance Company. The registrar information for…
AM Best has assigned a Long-Term Issue Credit Rating of“ a-” to the $750 million 5.95% senior unsecured notes, due June 2036, issued by Sammons Financial Group, Inc.. The outlook assigned to this Credit Rating is stable. Proceeds from the issuance will be used for general corporate purposes including business growth at SFG’ s two insurance operating subsidiaries–…
What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…
Advocates: Life insurers potentially missing millions of deaths annually
Consumer advocates are urging life insurance regulators to strengthen death-claim searches, warning that the Death Master File isn’t what it used to be.
What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…
FORT WORTH, TX– June 16,2026– Sparks Financial is pleased to announce that Scott Theodore has joined the firm as a Private Wealth Advisor, bringing decades of leadership, mentorship, and financial services experience to the organization. Theodore previously served as Managing Partner of Northwestern Mutual's Denver office, where he spent decades developing…
AM Best has assigned a Long-Term Issue Credit Rating of“ aa-” to the recently announced $1.0 billion, 5.95% surplus notes, due 2056, issued by Massachusetts Mutual Life Insurance Company. The outlook assigned to this Credit Rating is stable. Headquartered in the United States, the company does business in over 100 countries with regional offices in London,…
Greg Lindberg slams ‘vindictiveness’ in fight for prison computer access
Lindberg, sentenced to 12 years in prison last month, said investigators are suddenly playing hardball with elements of his plea agreement.
