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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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Electronic Signatures Assume Wider Usage With John Hancock Announcement

February 19, 2014

John Hancock announced it has signed off on electronic signatures for life insurance customers, as another major life insurer moves to meet the demand of advisors and customers to automate core products and services…

LIFE Foundation Marks 20th Year With New Look

February 19, 2014

Marking its 20th anniversary year, the LIFE Foundation announced a revamped brand and website to speak more directly to the millions of Americans who are inadequately insured, through a message they can intuitively understand…

Life Insurance And Prenuptial Agreements

February 18, 2014

High-net-worth clients getting married might consider a life insurance policy along with their prenuptial agreements. Death benefit proceeds can provide future money to a spouse who gets alimony due to a divorce…

NAIFA, College For Financial Planning Join Forces For LUTCF Program

February 18, 2014

The National Association of Insurance and Financial Advisors and the College for Financial Planning have formed a partnership to create an enhanced, dynamic and interactive curriculum for NAIFA’s Life Underwriter Training Council Fellow (LUTCF) designation…

Insurance Executives Hitting The Jackpot

February 18, 2014

Insurance industry executives are in store to receive what could be their largest annual bonuses since the economic crisis, according to a recent survey…

1 In 4 Older Workers Has No Plan For Their DC Plan Assets Once Retired

February 18, 2014

WINDSOR, Conn., Feb. 18, 2014 — A new LIMRA Secure Retirement Institute (LIMRA SRI) study found that 27 percent of…

Allstate Seeks 120 New Agency Owners In Texas This Year

February 18, 2014

Allstate is launching a recruitment campaign to appoint 120 new agency owners in Texas this year…

MetLife To Introduce Term Life Insurance

February 15, 2014

MetLife announced the launch of Simplified Issue Term Life insurance…

State Farm Expands Hub Developments

February 14, 2014

State Farm plans to further expand previously announced hub developments in Georgia and Texas, but employment at its Bloomington, Ill., headquarters is expected to remain steady…

Great-West Financial President And CEO To Retire

February 13, 2014

Great-West Financial president and chief executive officer Mitchell T.G. Graye announced that he plans to retire May 8 following parent company Great-West Lifeco’s annual meeting…

Transamerica Life Insurance Will Lay Off 70 In Fla.

February 13, 2014

Transamerica Life Insurance Co. is cutting 70 jobs in St. Petersburg, Fla., the national insurance provider disclosed in a layoff notice filed with the state this week…

Asset Managers Shifting Away From Salesforce Channelization

February 12, 2014

According to new research, asset managers are shifting away from salesforce channelization. More than 50 percent of asset managers have reported moving away from organizing their salesforce by channel…

Securian Breaks Individual Life Insurance Sales Record

February 12, 2014

Bucking an industry-wide trend of flat growth, Securian Financial Group broke its own record for individual life insurance sales…

When Boomers Inherit, Complications May Follow

February 11, 2014

Sara Rowbotham Cornell named her Boston- based digital media company in honor of her parents’ longtime vacation house, Blue Blinds, which she inherited…

IRAs Comprise Nearly Half Of An Advisor’s Book Of Business

February 10, 2014

New research from global analytics firm Cerulli Associates finds that on average, nearly half of an financial advisor’s book of business is comprised of retail individual retirement accounts…

Pa. Man Charged With Theft Of Insurance Funds

February 8, 2014

Derl Knarr of Herndon, Pa., is charged in a one-count felony, information with stealing insurance funds, while he worked for Allstate Financial Services. The thefts are alleged to have occurred between 2006 and 2012, and total more than $630,000…

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Big Moves In Senior Management At ING U.S.

February 7, 2014

For ING U.S, it’s a new year and a new brand. Now, a bevy of new faces and young managers step into senior positions to guide the company as a stand-alone insurance carrier freed of its Dutch parent in the wake of last year’s initial public offering…

67% Of Consumers Willing To Buy Insurance From Banks Or Online Retailers

February 7, 2014

A vast majority of insurance customers, 67 percent, are open to the idea of purchasing insurance products from companies other than insurers, according to a multinational survey…

MetLife Launches Simplified Issue Term Life insurance.

February 7, 2014

Millions of Americans lack even the most basic life insurance to protect their families. In fact, 41 percent of American adults have no life insurance whatsoever, and 50 percent of American households report they do not have enough life insurance…

Fidelity & Guaranty Life Reports First Quarter Results

February 6, 2014

Fidelity & Guaranty Life, a leading provider of fixed annuity and fixed universal life products, announced its results for the first quarter of fiscal 2014 ended on December 31, 2013..

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