Life Insurance News

Melchior was first licensed as a Life and Health Insurance agent in 1975 with the Metropolitan Life Insurance Company. In April of 1983, Bill left Metlife and was hired as a District Agent with the Northwestern Mutual Life Insurance company of Milwaukee Wisconsin. He was a ten-time qualifier of the Million Dollar Round Table, and a 30 year qualifier of the…

2025 SEP 16– 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“ EASYMED” by Paul Anthony Norman e- TeleQuote Insurance, representing E-telequote Insurance, Inc. This application was made available to the public on September…

Winged Keel Group is pleased to announce that Carolyn Rogers has joined the firm as a Client Relationship Manager. Residing in Maryland, Carolyn will focus on the Washington D.C. area, where her extensive network and expertise in the design, implementation, and ongoing administration of Traditional and Private Placement Life Insurance and Annuity…

Gulf Guaranty Life Insurance Company d/b/a American Gulf today announced that AM Best has upgraded the company’ s Long-Term Issuer Credit Rating to“ bbb+” from“ bbb” affirmed its Financial Strength Rating of B++, and removed the ratings from under review with developing implications. GGLIC received AM Best’ s fourth highest rating in its financial strength…

The World Life Insurance Report 2026, conducted jointly by LIMRA and the Capgemini Research Institute, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.

Prosperity Life Group ®, an insurance, reinsurance, and asset management organization, today announced the launch of Prosperity PathPro SM Series Fixed Indexed Annuities, issued by S.USA Life Insurance Company, Inc., a Prosperity Company. “Prosperity PathPro Series has a unique story offering stability via guaranteed Par and Cap Rates, customized growth…

Under-40 consumers overlook traditional life insurance plans citing misalignment with their stage in life, high costs of premiums, and lack of immediate benefits Majority seek living benefits instead, like emergency financial support, wellness rewards or coverage for fertility treatments. PARIS& WINDSOR, Conn.—- The World Life Insurance Report 2026,…

Starting a family brings joy, responsibility- and the need to plan for the unexpected. Life insurance may not be the first thing on your to-do list, but it plays a crucial role in protecting your family's future. For example, if your annual salary is $75,000, it makes sense to consider a policy with a $750,000 death benefit.

AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb”, and the Vietnam National Scale Rating of aaa.VN of Petrolimex Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect PJICO’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…

2025 SEP 10– 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“ METLIFE EXECUTIVE INCOME PROGRAM” by Heidi C. Constantine Metropolitan Life Insurance Company, representing Metropolitan Life Insurance Company.

The Credit Ratings were first placed under review on 23 August 2024, following the announcement that Solidarity Group Holding B.S.C. (c) agreed to purchase the operations of BNI and Bahrain National Life Assurance Company B.S.C. (c) for a total purchase price of BHD 75 million. The completion of the acquisition of 100% of the shares in BNI by SGH and BNL by SGH’ s…

ST. LOUIS— In the summer of 2010, Victoria R. Williams was looking into buying a $250,000 life insurance policy for her fiancé. In October 2011, her fiancé, Charles Harris III, was found shot to death at his home in north St. Louis County. Federal prosecutors said Williams worked with Michael Grady to carry out the scheme.

New York Life today announced the combination of its general account and third-party asset management businesses to create a global investment platform with approximately $785 billion in assets under management, effective Jan. 1, 2026. 1 The newly unified platform will bring together the full scale and capabilities of the firm’ s investment expertise…