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August 6, 2021
A Maryland financial company allegedly sold insurance to clients who didn't ask for it.
Clients unwittingly bought insurance policies they didn't ask for, investigators said.

Idaho Suspends Radio Host’s Producer License For String Of Violations

The insurance producer license of Daniel Van Patten, the host of Safe Money Radio Show and president of Assure Financial Service, was revoked effective July 27, 2021 by the Idaho Department of Insurance.

August 6, 2021

Lincoln Gains Traction In 2Q With Indexed Variable Annuities

Lincoln Financial has best boost in income because of its registered index-linked annuities, as the company expands its offerings and distribution.

August 5, 2021

Combo Life Product Sales Plummeted In 2020, LIMRA Reports

After strong results in 2019, total new premium for individual life combination products decreased 23% to $3.7 billion in 2020, according to LIMRA’s 2020 U.S. Individual Life Combination Products Annual Review.

August 5, 2021

Can COVID-19 Long-Haulers Get Life Insurance?

The impact of the virus can quickly spread from our physical health to our financial health. Insuring your clients’ future insurability and financial health through a convertible term life insurance policy is a smart approach to any other planning they are doing today.

August 4, 2021

Prudential Scores Winning 2Q With FlexGuard

Prudential nearly doubled its sales of its indexed variable annuity, FlexGuard, while dialing its traditional variable annuity sales down to zero in the second quarter.

August 4, 2021

Consumers Are Still Holding On To Their Cash Post-Pandemic

The fact that we are still seeing a saving rate that is well above the pre-pandemic level goes against the view that people would rush out and spend as soon as they had the opportunity.

August 3, 2021

How Life Insurance-Based Executive Benefits Can Motivate Loyalty

Carrots are more effective than sticks when it comes to retaining employees who are motivated to contribute their best.

August 2, 2021
Allianz says persistent low interest rates led it to seek reinsurance deals.

Allianz Warns Of Risk, Confirms Justice Dept. Probe

In an interim report last year, the company disclosed that it was facing federal lawsuits brought by investors in the U.S. over losses in the Structured Alpha Funds during the stock market’s sharp downturn in the spring of 2020 as the pandemic battered the global economy and financial markets.

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