As open enrollment season for employees across the U.S. is underway, New York Life Group Benefit Solutions today introduced results of an annual survey on the benefits preferences of employees. The findings suggest that human-centric, technology-enabled benefits guidance is key to meet the needs of American employees and close the benefits knowledge gap.
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In honor of Childhood Cancer and Sickle Cell Awareness Month in September, we spoke with Georgia teenager Charlaye, who deals with the challenges of sickle cell disease every day, and her family, knowing that spreading awareness makes all the difference. Throughout the last 30 years, Aflac has raised more than $191 million for the Aflac Cancer and Blood…
Meanwhile today announced it has raised $82 million in new capital to meet growing demand from individuals seeking to protect their families and established financial institutions seeking to offer bitcoin-linked savings, retirement, and life insurance products to their customers. The round was co-led by Haun Ventures and Bain Capital Crypto with…
How car ownership affects your insurance costs and coverage. Whether you own, finance, or lease your car significantly affects insurance costs. According to Forbes Advisor, national averages show full coverage costs around $2,149 a year, while minimum liability runs closer to $631.
Greg Lindberg victims due to get paid after Judge OKs sharing contact info
A North Carolina judge approved the release of personal policyholder information so the special master can begin getting funds to victims of Greg Lindberg’s fraud.
Personalization and digital playbooks: leading the way in life insurance
The life insurance industry is at a pivotal inflection point, moving from a general approach to one of laser-focused precision.
Symetra Life Insurance Company announced that its acquisition through reinsurance of Dearborn Group’ s life and disability business closed on Oct. 1, 2025, in accordance with the terms of the definitive agreement reported on June 30, 2025. The arrangement includes a multi-year distribution agreement with Dearborn Group’ s parent company, Health Care…
South Korea- based DB Insurance Co. Ltd. says it has been in the U.S. since 1984 through a Guam branch, but its $1.65 billion acquisition of The Fortegra Group Inc. will significantly expand its U.S. business. "DB seeks to expand in the U.S. and enter the European specialty insurance markets, and Fortegra is a natural fit for their strategy and vision," Kahlbaugh said in…
Private equity life insurers turn to Japan in latest reinsurance dealmaking
A pair of private equity-backed life insurers announced significant reinsurance deals this week with Japanese reinsurance companies.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of The Dai-ichi Life Insurance Company, Limited, the wholly owned operating subsidiary of Dai-ichi Life Holdings, Inc.. The outlook of these Credit Ratings is stable. The group’ s total reported capital declined by 10% year-over-year to JPY 3.5 trillion as of 31…
AM Best has placed under review with positive implications the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the operating subsidiaries of The Fortegra Group, Inc.. The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity…
“Since its launch in April 2024, myLeaveGuide SM has simplified the parental leave planning process for more than 20,000 individuals,” said Kristina Welke, Vice President, Strategy, Solutions, and Marketing at New York Life Group Benefit Solutions.“ With myLeaveGuide Pro SM, we’ re going further— building on input from both employers and employees to deliver…
Majesco, the insurance industry’ s foremost innovator in cloud-native, AI-driven software, announced today its role as a Title Sponsor of ITC Vegas 2025, the world’ s largest gathering of insurance innovators. Taking place October 14-16, 2025 at Mandalay Bay, Las Vegas, Majesco will bring its bold new theme, Dare to Imagine, to the forefront, challenging the…
Whole life: Helping clients navigate life’s milestones
Life’s biggest milestones bring both excitement and new financial responsibilities.
AM Best has affirmed the Financial Strength Ratings of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the main rated insurance subsidiaries of Zurich Insurance Group Ltd. At the same time, AM Best has affirmed the Long-Term ICR of“ a+” of Zurich. Zurich reported a Swiss Solvency Test coverage ratio of 255% at the end of June 2025.
Although the job market has softened slightly, LIMRA research shows workplace life insurance and disability insurance remain a priority.
New York Life, America’ s largest 1 mutual life insurance company, announced the appointment of Deepa Soni as executive vice president and chief information officer. “Deepa is a distinguished technology leader with deep experience driving digital transformation and innovation in the financial services industry,” said DeSanto.“ We are thrilled for her to join…
Winged Keel Group today announced the acquisition of Bridge Life, a Denver-based provider of advanced life insurance planning for affluent and ultra-affluent clients founded by industry veteran Jay Cleary. Jay joins Winged Keel as a Principal and will lead the Denver office alongside Winged Keel Principal Mark Richards. CEO Eric Naison-Phillips said,“ We’…
SS&C Technologies Holdings, Inc. today announced that Axcelus Financial, a leading provider of life insurance and annuities, has selected SS&C to modernize its information technology stack and transform its operations. As a result, a portion of the Axcelus team will transfer to SS&C. “We are constantly identifying ways to free up time and resources to drive…
Kuvare Holdings is pleased to announce the official opening of a Japan Representative Office for its reinsurance affiliate, Kuvare Life Re Ltd., marking a significant milestone in KLR’ s strategic expansion into the Japanese and Asian markets. This formalized presence in Tokyo underscores Kuvare’ s commitment to deepening relationships and fostering…
