Corebridge and Equitable announced an agreement to combine in an all-stock merger, valuing the combined company at approximately $22 billion.
Total new annualized premium exceeded $17.5 billion in 2025, up 10% year over year, according to LIMRA’s individual life insurance sales survey.
Insurers remain optimistic about their investments going into 2026, despite heightened market uncertainty.
The State Farm property-casualty companies reported an underwriting gain of $230 million in 2013 on earned premium of $54.5 billion, compared with an underwriting loss of $1.7 billion in 2012…
Elder care experts advise that the emergence of new strategies enabling consumers to convert their life insurance policies into long-term care insurance benefit plans could offer millions of Americans a viable strategy for being able to afford the cost of paying for in-home private care…
The life insurance industry recognizes the efforts of House Ways & Means Committee Chairman David Camp and his entire tax-writing panel to update the nation’s tax code…
Higher interest rates drove a turnaround for annuities in 2013, boosting profits at Allianz Life…
Five months after The American College of Financial Services said it would drop the Life Underwriter Training Council Fellow (LUTCF) designation, the College for Financial Planning (CFFP) announced it would teach the courses…
Moody’s Investors Services said net income at 19 of the life insurers tracked by the ratings service hit $5.6 billion in the fourth quarter, an increase of 56 percent compared with the year-ago period…
MassMutual announced strong consolidated statutory financial results for 2013, including continued record sales in key businesses and sustained levels of statutory surplus and total adjusted capital…
USAA chief executive officer and president, Major General Josue “Joe” Robles Jr., U.S. Army, announced that he will retire from USAA in the first quarter of 2015…
An estate-planning lawyer convicted in a scheme that exploited dying people has had his law license suspended…
As Scott Davison steps into the shoes of OneAmerica’s retiring chief executive officer Dayton Molendorp, who led a massive expansion of the company in recent years, he’ll be challenged to keep growing pains at a minimum…
Pan-American Life Insurance Group announced financial results for the full year ending Dec. 31, 2013…
Life insurance sales are flat, so what’s a life carrier to do? Why not bundle other products onto the life platform?…
While we have all heard the saying, “Time and tide wait for no man,” many of us don’t really believe it. When it comes to our own mortality, we all too often procrastinate, with what can be disastrous results for ourselves and our loved ones…
The individual retirement account (IRA) market will account for just over 35% of total retirement market assets by the end of 2018, according to global analytics firm Cerulli Associates…
The case of a Cloquet, Minn., man charged with swindling his client is going to jury trial, even though he’s effectively already lost his insurance license in a separate state Department of Commerce decision…
A former insurance agent and associate of accused Ponzi schemer Michael Kwasnik has been ordered to pay the state of New Jersey more than $335,000 for allegedly duping elderly individuals into surrendering their annuity contracts as part of the scam…
MetLife has announced the release of a tablet-based app for iPads and iPad minis to help agents and advisors explain the benefits of whole life coverage…
Allstate announced its board of directors has approved a quarterly dividend of 28 cents on each outstanding share of the corporation’s common stock, payable in cash on April 1, 2014 to stockholders of record at the close of business on March 3, 2014…
The Phoenix Companies announced the launch of Phoenix Personal Retirement Choice, a single premium fixed indexed annuity with an optional guaranteed lifetime income benefit rider. ..
Northwestern Mutual announced its 2013 financial results, which include a record dividend payout to policyowners expected to exceed $5.2 billion in 2014…
