In 1967, while finishing his senior year at Ohio State University, Marv Feldman signed his first insurance contract with New York Life.
Repositioning life insurance from a protection product to a wellness benefit is a win for both carriers and consumers.
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.
This follows a major hiring push in 2025 that saw Thrivent also set—and exceed—its goal of hiring 600 new advisors.
Third Federal announced today that the company was named among the top 500 financial services companies in the US for customer service in 2026 by USA TODAY and its research partner, Plant-A Insights. Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal’ s mission is to help people achieve the dream of home ownership and…
Allianz Life Insurance Company of North America announced today that it is launching a new registered index-linked annuity that offers flexibility in its lifetime income benefits. Index Advantage+ Select Income TM Annuity builds on the history of RILA innovation at Allianz Life to help address the consumer need for flexibility and a desire for financial…
Investors Heritage Life Insurance Company is pleased to announce the promotion of Andrew Moore to Executive Vice President. Mr. Moore will continue to serve as Chief Information Officer while also taking on broader responsibilities that further integrate technology with business operations across the organization. At Investors Heritage, Mr. Moore now…
—KANSAS CITY, Mo.— Kansas City Life Insurance Co. on Monday reported net income of $972,000 in its fourth quarter. The Kansas City, Missouri- based company said it had profit of 10 cents per share. For the year, the company reported a loss of $20.8 million, or $2.14 per share.
2026 MAR 06– 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“ OPTIBEN” by Gulf Guaranty Life Insurance Company, representing Gulf Guaranty Life Insurance Company. This application was made available to the public on…
In 1967, while finishing his senior year at Ohio State University, Marv Feldman signed his first insurance contract with New York Life.
Continental General Insurance Company today announced it has partnered with Reframe Financial, a leading Insurtech company, to bring the next evolution of the Reframe LifeStage insurance solution to market for consumers. David Ramsey, President and Chief Executive Officer of Continental General, commented:. Karan Aneja, Co-Founder and Chief Executive…
Here's a question I ask every new client: when was the last time you looked at the beneficiary form on your life insurance? The usual answer is a long pause followed by something like "when I started the job." Missouri courts have been clear on this.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the property/casualty insurance subsidiaries of Cincinnati Financial Corporation and The Cincinnati Life Insurance Company. All companies except The Cincinnati Specialty Underwriters Insurance Company are domiciled in Fairfield, OH.
The National Association of Insurance and Financial Advisors and Dublin-based Brokers Ireland have announced a new strategic international partnership focused on professional development, thought leadership, and public policy collaboration.
Life insurance 1 and annuity products 2 are experiencing rising demand as a combination of market and demographic trends push more financial advisors, insurance brokers and bankers to talk to their clients about the possibility of outliving their savings and the need to protect their families from unexpected events. For the most part, the companies that…
Repositioning life insurance from a protection product to a wellness benefit is a win for both carriers and consumers.
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.
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.
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.
