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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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FINANCIAL FOCUS:

September 2, 2025

September is Life Insurance Awareness Month and the perfect time to consider whether you have adequate coverage to protect your loved ones. While no one likes to think about what would happen if they weren't around, doing so is an act of love. Life insurance is fundamentally about protecting your loved ones should something happen to you.

Life insurance: Protecting what matters most

August 30, 2025

OPINION— September is Life Insurance Awareness Month and the perfect time to consider whether you have adequate coverage to protect your loved ones. While no one likes to think about what would happen if they weren't around, doing so is an act of love. Life insurance is fundamentally about protecting your loved ones should something happen to you.

August 29, 2025

Relationships over revenue: The real secret to selling life insurance

The agents who win are the ones who play the long game.

AM Best Upgrades Credit Ratings of Crum & Forster Insurance Group’s Members; Affirms Credit Ratings of Monitor Life Insurance Company of New York

August 28, 2025

AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to“ aa-” from“ a+” of the members of Crum& Forster Insurance Group. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICR of“ a+” of Monitor Life Insurance Company of New York. The outlook of these Credit Ratings is stable.

Post Advisory Group Announces New Ownership Structure

August 27, 2025

Post Advisory Group announced today that it has entered into a definitive agreement with Nexus Capital Management and Aranda Principal Strategies, a wholly-owned subsidiary of Temasek, under which, Nexus and APS will each acquire a minority ownership stake in Post alongside Post’ s senior management team. As part of the transaction, Principal Asset…

AM Best Affirms Credit Ratings of Allianz Ayudhya General Insurance Public Company Limited

August 27, 2025

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Allianz Ayudhya General Insurance Public Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect AAGI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business…

JKS Financial Strengthens Regional Presence with New Office in Sewickley

August 27, 2025

JKS Financial, a leading financial services and wealth management firm, announces the opening of its new office location in Sewickley, PA. This expansion reflects JKS Financial’ s continued growth and its commitment to delivering personalized, high-quality financial planning and wealth management services to clients across the Pittsburgh region.

Lynch Carpenter Investigates Claims in Farmers New World Life Insurance Data Breach

August 26, 2025

–Farmers New World Life Insurance Company, recently announced a cybersecurity incident, which impacted the personal information of tens of thousands of individuals. Lynch Carpenter is a national class action law firm with offices in Pennsylvania, California, and Illinois. CONTACT Jerry Wells COMPANY Lynch Carpenter LLP PHONE 322-9243 EMAIL…

Prudential Financial Expands EssentialTerm Suite, Affordable and Flexible Life Insurance to Help Protect What Matters Most

August 25, 2025

Prudential Financial, Inc. announces the expansion of its EssentialTerm Suite for policies of $250,000 face amount and above, offering more consumers greater choice to match their individual needs and budgets. Prudential’ s EssentialTerm Suite features two enhanced term life solutions issued by Pruco Life Insurance Company. “At Prudential, we recognize…

Securian Financial Introduces AccumuLink™ Advance Registered Index-Linked Annuity

August 25, 2025

Securian Financial has entered the individual annuity market’ s fastest-growing segment with the launch of AccumuLink™ Advance, a registered index-linked annuity. “We are excited to enter the RILA market with a product we’ re proud of and believe will be appealing to financial professionals and consumers alike,” said Andrea Piepho, Securian Financial second…

NAIC ADOPTS KEY INITIATIVES TO HELP ENSURE PAYMENT OF CLAIMS AUG. 21, 2025

August 25, 2025

Last week, during the National Association of Insurance Commissioners' Summer National Meeting in Minneapolis, Minn., NAIC members voted to adopt three proposals that will further protect consumers by helping guarantee insurers have the resources to pay policyholders' claims. This action comes after the NAIC Life Insurance and Annuities Committee passed…

Jackson Launches New Fixed Index Annuity with Guaranteed Minimum Withdrawal Benefit

August 25, 2025

Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 2, today launched Jackson Income Assurance℠ and Jackson Income Assurance℠ Advisory, fixed index annuities with an embedded guaranteed minimum withdrawal benefit 3. The new products provide protected lifetime income 4 with additional opportunities for…

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Leaders Life Insurance Company

August 21, 2025

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Leaders Life Insurance Company. The acquisition of Leaders Life by TPH Insurance Hold Co LP and its affiliates closed on May 1, 2025. Following the acquisition, Truss Peak made a $6 million capital…

KBRA Assigns Preliminary Ratings to Gracie Point International Funding 2025-1, LLC, Series 2025-1

August 20, 2025

Gracie Point, formed in February 2010, is in the business of financing life insurance policy premium payments. This transaction is secured by a special unit of beneficial ownership interest of Gracie Point Collateral Trust. The Collateral Trust holds participations in premium finance loans and a portion or all of the beneficial interest in certain…

Symetra Named to 2025 PEOPLE® Companies That Care™ List

August 20, 2025

Symetra Life Insurance Company, a national provider of life, retirement and employee benefits insurance products, announced that it has been named to the 2025 PEOPLE ® Companies That Care List™, coming in at No. 71 among the top 100 organizations recognized. Compiled by Great Place To Work ® and PEOPLE magazine, the annual list honors companies that“ go the extra…

Will life insurance pay? Does God approve? Burning questions about Medical Aid in Dying

August 20, 2025

Catherine Blakespear, D- Encinitas, who is trying to push a simple bill over the finish line in Sacramento. Of the 10 states that have such a law, California is the only one with an expiration date. "You" ve crossed a higher hurdle, being open to having these conversations, " Mark Greenberg, an attorney and executive director of End of Life Choices California, told the crowd."

New York Life Named a Strategic Workday Wellness Partner to Streamline Employer Benefits Administration

August 20, 2025

New York Life Group Benefit Solutions today announced it has been named a strategic Workday Wellness partner. “Benefit solutions should evolve to meet employers’ changing needs, centered on a seamless and integrated end-to-end benefits experience,” said Kristina Welke, vice president, Strategy, Solutions, Marketing at New York Life Group Benefit Solutions.“ At…

August 20, 2025
Image shows the Montana state flag and paper money
Montana funeral home directors say premium finance life insurance plans led them to ruin.

Judge lets $67M premium financing lawsuit against MassMutual, Penn Mutual move forward

A lawsuit filed by Montana funeral directors, who claim that a premium financing “scheme” cost them millions, can proceed after a judge denied a motion to dismiss last week.

Deanna Strable Elected Principal® Board Chair

August 19, 2025

Principal Financial Group ® today announced that Deanna Strable, president and chief executive officer, has been elected chair of the board by the company’ s board of directors, effective September 2, 2025. Deanna Strable elected Principal board chair. "Dan Houston’s remarkable 40- year legacy has been instrumental in Principal’s growth and success," says…

AM Best Revises Issuer Credit Rating Outlook to Positive for Jubilee General Insurance Company Limited

August 19, 2025

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B and the Long-Term ICR of“ bb” of Jubilee General Insurance Company Limited. In addition, the rating action considers improvements in the economic, political and financial system risks in Pakistan.

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