Life insurance application activity surged 18% in August from a year earlier, with the most significant gains seen among older Americans.
Life insurance sales topped $3.1 billion in the first quarter, Wink, Inc. reported, up substantially over the first quarter and last year.
When a client expresses interest in a life insurance loan, an advisor must clearly lay out the pros and cons.
Life insurance application activity surged 18% in August from a year earlier, with the most significant gains seen among older Americans.
The life insurance industry is facing a relevance challenge.
September is Life Insurance Awareness Month, a nationwide campaign to inform Americans about the benefits of having life insurance. The people we love most are the people we want to protect. Life insurance can play an important role in protecting your family when the unexpected happens.
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,…
Technical language, affordability concerns, and lack of relevance to life stage among top barriers to purchasing life insurance Half of consumers plan to use generative AI tools to discover and compare life insurance products Nearly 40% of policyholders rarely hear from their life insurer after purchasing a policy, while half of those who discontinue…
Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee. To support this proclamation, the Tennessee Department of Commerce& Insurance highlights the importance of life insurance coverage, which can help families protect their futures and ease financial burdens after a loved one's death. Consumers who need help locating a loved…
The Best’ s Market Segment Report,“ Market Segment Outlook: Malaysia Non-Life Insurance,” notes that motor and fire insurance anchor the market, together accounting for more than 65% of total non-life premiums. Since phased liberalisation of tariffs for these lines began in July 2016, pricing progressively has shifted toward a more risk-based approach.
Agam Capital, a global leader in insurance-related asset and liability analytics, advised JAB Insurance, the global life insurance business of JAB Holding Company, on the completion of its acquisition of Columbian Financial Group following the successful conclusion of coordinated rehabilitation proceedings in New York and Illinois and receipt of all…
Brandon Tory Hood and his wife, Heather Lynn Hood, are accused of submitting fraudulent life insurance applications using personal information Brandon Hood allegedly accessed through law enforcement databases while working as a Lawrence County deputy. Lawrence County Chief Deputy Brian Covington said Friday that Brandon Hood had previously served as…
Life insurance sales topped $3.1 billion in the first quarter, Wink, Inc. reported, up substantially over the first quarter and last year.
Bill Lee has proclaimed September as Life Insurance Awareness Month, according to a press release from the Tennessee Department of Commerce& Insurance. "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…
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.
When a client expresses interest in a life insurance loan, an advisor must clearly lay out the pros and cons.
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,…
