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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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U-Haul Holding Company to Participate in the Bank of America Self-Storage Virtual Conference

May 28, 2026

U-Haul Holding Company, parent of U-Haul International, Inc., North America’ s largest“ do-it-yourself” moving and self-storage company will participate in the Bank of America Self-Storage Virtual Conference on Thursday, May 28, 2026. U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance…

AM Best Upgrades Issuer Credit Rating of Life Insurance Corporation (International) B.S.C. (c)

May 28, 2026

AM Best has upgraded the Long-Term Issuer Credit Rating to“ bb+” from“ bb” and affirmed the Financial Strength Rating of B of Life Insurance Corporation B.S.C. (c). The outlook of these Credit Ratings is stable. The ratings also reflect rating enhancement, in the form of lift, from its ultimate shareholder, the Republic of India.

New York Life Launches “The Assist,” a docuseries featuring U.S. Men’s National Soccer Team stars and the people who helped make their dreams real

May 28, 2026

New York Life today announced the launch of“ The Assist,” a short-form docuseries that looks beyond performance on the field to the people who made it possible. New York Life has also committed $15 million over three years to partnering with organizations developing the next generation of coaches and mentors through the New York Life Foundation’ s Coaching the…

U-Haul Holding Company Reports Fiscal 2026 Financial Results

May 27, 2026

U-Haul Holding Company, parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to shareholders for the year ended March 31, 2026 of $83.1 million compared with $367.1 million for the same period last year. For the quarter ended March 31, 2026, the…

Symetra Honored as 2026 ‘Community Champion’ by the Puget Sound Business Journal

May 27, 2026

Symetra Life Insurance Company has been named a 2026 Community Champion by the Puget Sound Business Journal as part of the publication’ s annual Corporate Citizenship Awards celebrating“ how businesses in the region use their role to make a difference for those who need it most.” Symetra was recognized for three programs— Summer of Service, BOLD and LETS Play by…

May 27, 2026
Image shows Kyle Busch
Racing legend Kyle Busch died of pneumonia-related illness on May 21.

Kyle Busch attorney rips ‘false narrative’ around life insurance coverage

An attorney for the late racing legend Kyle Busch claims critics are pushing a “false narrative” about the driver’s life insurance coverage.

May 27, 2026

Data verification: Modernizing life insurance for the digital consumer

The traditional application process for life insurance often feels outdated compared to the seamless way people manage the rest of their financial lives.

May 27, 2026
Dark image shows the letters "IUL."

The hidden risks of indexed universal life and what advisors should know

Indexed universal life insurance now represents about 25% of life insurance sales and the product is rapidly increasing in popularity.

ATTORNEY GENERAL BROWN ANNOUNCES PRINCE GEORGE'S COUNTY INSURANCE AGENT CHARGED WITH FELONY THEFT AND INSURANCE FRAUD

May 27, 2026

Attorney General Anthony G. Brown announced today that the Grand Jury for Prince George's County handed down an indictment charging Corrie Dewayne Alston, 51, of Bowie, Maryland with felony theft scheme and insurance fraud for submitting multiple fraudulent life insurance applications. While employed as an information technology specialist for the…

Bowie insurance agent indicted on felony theft, fraud charges

May 26, 2026

A Prince George "s County grand jury on Tuesday indicted Corrie Alston, 51, of Bowie, on charges of a felony theft scheme and insurance fraud for submitting multiple fraudulent life insurance applications, Attorney General Anthony G. Brown said. Alston, while employed as an information technology specialist for the federal government, also worked as a licensed…

Bowie insurance salesman indicted in connection with fraud, felony theft

May 26, 2026

A Prince George "s County grand jury on Tuesday indicted Corrie Alston, 51, of Bowie, with felony theft scheme and insurance fraud for submitting multiple fraudulent life insurance applications, Attorney General Anthony G. Brown announced. Alston, while employed as an information technology specialist for the federal government, also worked as a licensed…

May 26, 2026
Image shows Greg Lindberg in jail
Greg Lindberg was sentenced Tuesday on bribery and fraud charges. (This image was generated using AI)

Judge sends Greg Lindberg back to federal prison for fraud, bribery

Judge Max O. Cogburn sent disgraced financier and insurance company magnate Greg Lindberg back to federal prison Tuesday.

Kansas official running for governor received $300K in donations before key decision

May 24, 2026

A top Kansas regulator who’ s running for governor is facing scrutiny over a deluge of campaign contributions that she received from interested parties in the weeks before a key regulatory decision— raising ethical questions about a potential influence campaign. Insurance Commissioner Vicki Schmidt denies any connection between the more than $300,000…

Investigators say C.R. man's life insurance claims for 3 children were fraudulent

May 23, 2026

CEDAR RAPIDS— A Cedar Rapids man is accused of theft and insurance fraud after investigators said he submitted life insurance claims for three children whose deaths could not be substantiated. Thompson Nagbe Jr., 37, made two fraudulent life insurance claims on policies he enrolled in through his employer, according to a Linn County criminal complaint.

May 22, 2026
Image shows Kyle Busch
Racing legend Kyle Busch, 41, died suddenly Thursday.

Shocking death of Kyle Busch renews debate over IUL plan

The sudden death Thursday of 41-year-old racing icon Kyle Busch has reignited an intense debate regarding the role of indexed universal life insurance in financial planning.

WoodmenLife launches final expense life insurance offering

May 22, 2026

WoodmenLife introduced its new final expense whole life insurance offering, which is designed to cover end-of-life costs such as funeral or burial expenses, medical costs, and other unexpected bills.

The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business

May 21, 2026

PORTLAND, Ore.& HONOLULU—- Standard Insurance Company and Pacific Guardian Life announced today a definitive agreement under which The Standard will transition its individual annuities business to Pacific Guardian Life. The Standard and Pacific Guardian Life are both members of the global Meiji Yasuda Life Insurance Company family. Pacific Guardian Life,…

Symetra Wins 2026 Shorty Award for ‘Plan Well, Play Well’ Social Media Campaign with Sue Bird

May 21, 2026

Symetra Life Insurance Company and Copacino Fujikado, its longtime creative agency of record, took home top honors at the 2026 Shorty Awards for the“ Plan Well, Play Well” social content series featuring sports icon and Symetra brand ambassador Sue Bird, winning in the Insurance category. Winners and honorees were announced on May 19 at an awards ceremony at…

May 21, 2026
Images shows several words related to the PHL Variable case
PHL Variable Insurance Co. is headed for liquidation. (This image was created with AI)

Rehabilitator: PHL Variable liquidation payouts could exceed guaranty caps

The Connecticut insurance commissioner reports that PHL Variable policyholders could see more benefits than expected.

AI, stablecoins and private market expansion may reshape financial services by 2030

May 20, 2026

These shifts are expected to unlock new revenue pools, reshape operating models, and expand access to financial products.

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