Life Insurance News

CEDAR RAPIDS— A Cedar Rapids man is accused of theft and insurance fraud after investigators said he submitted life insurance claims for three children whose deaths could not be substantiated. Thompson Nagbe Jr., 37, made two fraudulent life insurance claims on policies he enrolled in through his employer, according to a Linn County criminal complaint.

WoodmenLife introduced its new final expense whole life insurance offering, which is designed to cover end-of-life costs such as funeral or burial expenses, medical costs, and other unexpected bills.

PORTLAND, Ore.& HONOLULU—- Standard Insurance Company and Pacific Guardian Life announced today a definitive agreement under which The Standard will transition its individual annuities business to Pacific Guardian Life. The Standard and Pacific Guardian Life are both members of the global Meiji Yasuda Life Insurance Company family. Pacific Guardian Life,…

Symetra Life Insurance Company and Copacino Fujikado, its longtime creative agency of record, took home top honors at the 2026 Shorty Awards for the“ Plan Well, Play Well” social content series featuring sports icon and Symetra brand ambassador Sue Bird, winning in the Insurance category. Winners and honorees were announced on May 19 at an awards ceremony at…

These shifts are expected to unlock new revenue pools, reshape operating models, and expand access to financial products.

In one, the Colorado Supreme Court reversed a trial judge on May 18 and ordered a preliminary injunction requiring Children's Hospital Colorado to resume providing gender-affirming care to minors. In another, a state trial judge in Kansas granted a temporary injunction on May 15 to block enforcement of Kansas's recently enacted ban on gender-affirming…

AM Best has upgraded the Long-Term Issuer Credit Rating to“ aa” from“ aa-” and affirmed the Financial Strength Rating of A+ of Southern Farm Bureau Life Insurance Company. The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. In addition, operating results are supported by the company’ s favorable market…

Reliance Matrix was formed by the integration of Reliance Standard Life Insurance Company, founded in 1907 and rated A++ for financial strength by independent agency AM Best; and absence third party administrator Matrix Absence Management. As a small workers’ compensation claims administrator in northern California in the early 1980 s, Matrix Absence…

James Kenfack, financial analyst at AM Best and one of the authors of the outlook, said,“ As a result of these adjustments, the segment’ s overall profitability has been restored. Morgane Hillebrandt, associate director, analytics, added,“ While France remains a highly competitive mature market, strong discipline, as well as developed risk management and cost…

Pacific Life Insurance Company announced that it has launched Pacific Admiral VUL 2 1, a new flagship variable universal life insurance product. “Pacific Admiral VUL 2 represents the next generation of our VUL offerings, building on the strengths of our prior products,” said Sim Zady, vice president of life product development, Consumer Markets, Pacific Life.“…

The National Association of Insurance and Financial Advisors has launched “NAIFA Cares,” a nationwide member initiative designed to help American families take meaningful first steps toward long-term financial security by encouraging awareness and adoption of 530A accounts for children and future generations.

STATE OF NORTH DAKOTA OFFICE OF THE COMMISSIONER OF INSURANCE I, Jon Godfread, Commissioner of Insurance of the State of North Dakota, do hereby certify that the foregoing is a true Abstract of Statement, as officially filed by the Company in this office. JON GODFREAD Commissioner of Insurance STATE OF NORTH DAKOTA OFFICE OF THE COMMISSIONER OF INSURANCE…

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Rating of“ aa+” of Berkshire Hathaway Life Insurance Company of Nebraska. In addition, AM Best has affirmed the FSR of A+ and the Long-Term ICR of“ aa-” of First Berkshire Hathaway Life Insurance Company. The company’ s core net investment income moderated slightly to $717.6 million…