CHARLOTTE, N.C.- Two-time NASCAR champion Kyle Busch and a life insurance company have settled an $8.5 million lawsuit in which the driver said he was misled into purchasing policies marketed as safe retirement plans. Kyle and Samantha Busch reached an out-of-court settlement with Pacific Life Insurance Company, according to a Feb. 26 court filing.
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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of the key U.S. life/health subsidiaries and Europe- based insurance companies of The Cigna Group. The majority of Cigna’ s core U.S. health insurance entities are collectively referred to as Cigna Life& Health Group. In addition, AM Best has affirmed the Long-Term…
U-Haul Holding Company, parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on March 4, 2026 declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock. U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, has won the“ Highest Customer Service– Financial Industry” award from Service Quality Measurement Group, Inc. for the 14 th year in a row for achieving the highest first-call resolution rating in the market in 2025. “Jackson and its deeply knowledgeable…
SCOTTSDALE, Ariz., March 03, 2026– Annexus, a leading designer of innovative retirement solutions, today announced a new strategic partnership with Americo Financial Life and Annuity Insurance Company, a leading provider of insurance and annuity products. Together they launched the Americo Benchmark Flex and Americo Benchmark Flex Plus with premium bonus…
Total new annualized premium increased 10% year over year to $17.5 billion in 2025, according to preliminary results from LIMRA’s individual life insurance sales survey.
How AI can drive and bridge the insurance skills gap
Artificial intelligence presents an opportunity to bridge a skills gap between older, more tenured insurance professionals and the younger counterparts the industry often struggles to recruit.
Symetra Life Insurance Company today announced a new partnership between its Workforce Benefits division and Empathy, a leading platform helping families navigate the experiences associated with loss. Symetra now offers Group Life Insurance policyholders 1 access to Empathy Loss Support for beneficiaries at no additional cost. We’ re pleased to offer…
MONTPELIER, Vt.& ADDISON, Texas—- National Life Group was recently ranked second in the Best Whole Life Insurance Companies of 2026 by The Wall Street Journal 1. “We’ re pleased to be cited as One of the Best Whole Life Insurance Companies for the second consecutive year by The Wall Street Journal,” said Mehran Assadi, Chairman, CEO, and President of National Life Group.“ At…
The majority of women now report being the Chief Financial Officer in their household, according to the latest Women Money Power Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. More than half of women now say that they are the CFO of their household. “As more women take on the role of Chief…
The majority of women now report being the chief financial officer in their household, according to the latest Women Money Power Study from the Allianz Center for the Future of Retirement, part of Allianz Life.
Increased sales and client assets: Sales from MassMutual’ s domestic insurance operations topped $43 billion, underscoring the depth of the company’ s distribution and broad portfolio of holistic solutions that help people protect their assets and grow their wealth. Along with maintaining its position as a top provider of whole life insurance, MassMutual…
ACORE CAPITAL, a leading U.S. commercial real estate debt investment manager, today announced that it has been named Alternative Lender of the Year by PERE Credit as part of its 2025 annual awards program. The firm also reached a significant milestone in 2025, when Delphi Financial Group, a wholly owned subsidiary of Tokio Marine, granted ACORE CAPITAL…
Starting a family brings joy, responsibility- and the need to plan for the unexpected. Life insurance may not be the first thing on your to-do list, but it plays a crucial role in protecting your family's future. For example, if your annual salary is $75,000, it makes sense to consider a policy with a $750,000 death benefit.
Kyle Busch, PacLife reach confidential settlement, seek to dismiss lawsuit
NASCAR driver Kyle Busch and his wife, Samantha Busch, have reached a confidential settlement with PacLife and two other defendants.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of ICICI Lombard General Insurance Company Limited. In addition, the ratings factor in the neutral impact from ICICI Bank Limited, one of the largest private sector banks in India. An offsetting balance sheet…
NASHVILLE— The Tennessee Department of Commerce& Insurance and the Tennessee Attorney General's Office are warning consumers that LifeX Research Corporation is not licensed to sell insurance products in Tennessee. No licensed health insurers offering major medical coverage in the State of Tennessee provide coverage to Tennessee consumers through…
Life insurance apps hit all-time high in January, double-digit growth for 40+
Life insurance application activity grew 9.5% in January, the highest year-over-year growth rate for any January on record, according to the MIB Life Index.
“Despite economic uncertainties, including the pace and magnitude of further benchmark rate hikes and persisting depreciation pressure on the Japanese yen, the fundamentals of Japan’ s life insurance segment remain sound, supported by steady premium growth and an improving investment environment with higher domestic interest rates,” said Charles Chiang,…
Eazewell, the AI platform that manages digital identity and administrative work across major life events, today launched Eazewell Advance, an enterprise platform that serves as an AI custodian for a user’ s full digital footprint. The platform tracks, manages, and executes actions across subscriptions, financial accounts, and online services throughout a…
