Life Insurance News

NASHVILLE— Tennessee Governor Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. "Life insurance is a critical insurance product, and our entire team fully supports Governor Lee's proclamation, which should remind all Tennesseans to assess their families' financial needs," said TDCI Commissioner Carter Lawrence.

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the main rated insurance subsidiaries of Zurich Insurance Group Ltd. In the second half of 2026, Zurich is expected to complete the acquisition of Beazley plc for a consideration of circa USD 11 billion. Once completed, AM Best expects Zurich’ s risk-adjusted…

The Best’ s Market Segment Report,“ Market Segment Outlook: China Non-Life Insurance,” states that enhanced regulatory oversight, particularly for non-motor lines such as property and liability, is expected to support pricing discipline, strengthen distribution practices and promote prudent market conduct. “For Chinese Interest Aboard business, while…

The following information was released by the National Association of Insurance and Financial Advisors:. By NAIFA on 9/ 3/ 26, 3:14 PM. Often, individuals who are likely to face a federal estate tax or think they will desire to have life insurance paid to an irrevocable trust that is outside their estate.

Gas Express LLC, which does business as Circle K, agreed to settle claims arising from a May 2024 cyberattack in which files containing names, Social Security numbers and other private information may have been accessed. The settlement covers living U.S. residents whom Gas Express notified that their private information was affected. This notice-based…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Midland National Life Insurance Company and North American Company for Life and Health Insurance. In addition, AM Best has affirmed the Long-Term ICR of“ a-” and the Long-Term Issue Credit Ratings of Sammons Financial Group, Inc.. Sammons Financial Group, Inc….

Representatives Zach Nunn and Brittany Petterson today introduced the Consumer-Led Enhancement of Annuity and Insurance Registration Forms Act, bipartisan legislation requiring the Securities and Exchange Commission to create clear, tailored registration forms for certain life insurance and annuity products. "Planning for retirement is hard…

DLA Piper has added Gary Anderson as a Partner in its Insurance practice in Boston, where he advises insurers, reinsurers,…

Security Benefit Life Insurance Company announced it has extended its sponsorship of professional golfer and Topeka native Gary Woodland for an additional four years, continuing the partnership through 2030.. “We are incredibly proud to continue our partnership with Gary through 2030 and congratulate him on a tremendous season,” said Doug Wolff, CEO of…

I wasn't expecting this end to the story: "You've been denied for life insurance." I had applied for an increase in my policy; not enough to inspire my husband to become the lead in a true-crime doc, but enough to keep him at ease for a bit should I go. I knew it would be an approval call.

Attorney General Anthony G. Brown announced today that Corrie Dewayne Alston, 51, of Bowie, pleaded guilty to one count of felony theft scheme and one count of felony insurance fraud in the Circuit Court for Prince George's County before the Honorable Nicholas E. Alston stole $5,122.87 in the form of commission payments from Senior Life Insurance Company for…

AM Best has maintained its stable outlook on Taiwan’ s non-life insurance segment amid implementation of Taiwan Insurance Solvency and IFRS 17, as well as consistent premium expansion across retail and commercial lines. Taiwan’ s non-life insurance market remains mature and competitive, with demand for commercial lines coverages growing, supported by…

JAB Insurance today announced the launch of JAB Institutional, a next-generation growth and innovation platform focused on insurance, reinsurance, and financial services. JAB Insurance comprises three verticals: a client-focused U.S. retail platform, an institutional business initially focusing on global reinsurance, and a pension risk solutions…

The following information was released by the Montana Commissioner of Securities and Insurance:. The Life Insurance Policy Locator, hosted by the National Association of Insurance Commissioners with the support of the State Auditor's Office, helps identify unclaimed life insurance policies and annuity contracts by searching records of participating…

-Los Angeles Dodgers owner Mark Walter is under criminal investigation, and taxpayers in 44 states could ultimately pay billions of dollars if his life insurance companies collapse. Walter has been under investigation by the U.S. Department of Justice and Securities Exchange Commission over the lending of money between businesses within his financial…

“Families often assume these decisions have already been made, but our research points to a broader issue that when generations aren’ t talking about long-term intentions or financial priorities, those assumptions leave families feeling unprepared when important decisions arise,” said Darrel Tedrow, Executive Vice President, President of Life Insurance…

Finseca announced a star-filled guest speaker lineup for the Advanced Markets & LAMP 2027 Experience, taking place March 9-12, 2027, in Washington, D.C.

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the members of Crum& Forster Insurance Group. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICR of“ a+” of Monitor Life Insurance Company of New York. The ratings also reflect the financial support and strategic importance to its parent, United…