Universal life insurance lawsuits are challenging how carriers calculate cost-of-insurance charges, with disputes involving Farmers and Brighthouse and a proposed $147.5 million Lincoln settlement.
Families who plan have options when it matters most.
Life insurance underwriting reports are at the center of a class-action case involving allegations of mismatched medical and prescription records. Milliman denies wrongdoing, and the settlement awaits court approval.
Universal life insurance lawsuits are challenging how carriers calculate cost-of-insurance charges, with disputes involving Farmers and Brighthouse and a proposed $147.5 million Lincoln settlement.
VA to hire more employees. The department is inviting veterans and others to for a career as a VA claims processor. VA's Warrior Training Advancement Course gives all transitioning service members the opportunity to complete a national-level training program while still on active duty, and completing this training can lead to employment opportunities at…
SBL Holdings, Inc., the parent of Security Benefit Life Insurance Company, today announced that the annual dividend rate on its 6.500% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B has reset to 10.286% for five years of future dividend periods as provided in the Series B terms. Treasury yields to maturity plus a spread of 5.620%.
Pennsylvania members reelected Jeane Vidoni, president and CEO, Penn Community Bank, to serve as a Pennsylvania member director. Delaware members elected Thomas Hendry, senior vice president and treasurer, New York Life Insurance and Annuity Corporation, to serve as a Delaware member director. Pennsylvania, Delaware and West Virginia members elected…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, today released new research showing that helping family members financially has become a routine, recurring expense of many Americans nearing retirement, and one that can quietly erode their own financial security. The study, the sixth installment in…
Canopius Group, a leading international specialty and P&C insurer, today announces that Samsung Fire& Marine Insurance has entered into an agreement to acquire the remaining 60% stake in Canopius, alongside funds managed by global investment firm KKR, and Korea Investment Corporation. The outstanding shares are being acquired from Canopius’ other existing…
Families who plan have options when it matters most.
The Best’ s Market Segment Report,“ Health and Property Lines Drive Hong Kong’ s Non-Life Insurance Growth,” notes that there are 87 authorised pure non-life insurance companies in Hong Kong, as of 31 March 2026, creating tight price competition and margin pressures across the industry, which makes organic growth difficult for some entities.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Central States Indemnity Co. of Omaha, and its subsidiary, CSI Life Insurance Company, collectively referred to as CSI. The outlook of these Credit Ratings is stable. Both companies are domiciled in Omaha, NE..
This payment represents National Life Group’ s ongoing commitment to its policyholders and continues the proud heritage of having paid dividends since 1855.. “Since 1848, National Life Group has been committed to keeping our promises and delivering peace of mind to the families and businesses who place their trust in us,” said Mehran Assadi, Chair, CEO, and…
Life insurance underwriting reports are at the center of a class-action case involving allegations of mismatched medical and prescription records. Milliman denies wrongdoing, and the settlement awaits court approval.
Brighthouse Financial, Inc. announced today its financial results for the third quarter ended September 30, 2026. The company reported net income available to shareholders of $302 million in the third quarter of 2026, or $5.21 per diluted share, compared with net income available to shareholders of $453 million in the third quarter of 2025, or $7.89 per…
Prudential Financial reported lower third-quarter earnings Wednesday as a sales suspension in Japan offset strong growth in annuity sales.
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 common stockholders for its second quarter ended September 30, 2026, of $136.7 million, compared with net earnings of $105.6 million for the same period last year.
Genworth Financial, Inc. today reported results for the quarter ended September 30, 2026. Net loss was driven by Closed Block, partially offset by Enact Net investment income, net of taxes, was $603 million in the quarter, down from $660 million in the prior quarter and $631 million in the prior year primarily from lower income from limited partnerships and U.S….
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Knighthead Annuity& Life Assurance Company and its affiliate Merit Life Insurance Co.. In addition, AM Best has a assigned a Long-Term Issue Credit Rating of“ bbb” to the newly issued $75 million, 8.5% surplus notes, due 2046, issued by Knighthead Annuity.
Protection, income and supplemental gaps remain large despite crowded product shelves.
Unum Group today reported a net loss of $419.7 million for the third quarter of 2026, compared to net income of $39.7 million for the third quarter of 2025.. Included in net loss for the third quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $853.0 million, primarily related to impairment losses recognized as a result…
First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today that Darryl D. Button has been appointed to the company’ s board of directors. A highly accomplished insurance and financial services executive with more…
Corebridge Financial, Inc. today reported financial results for the third quarter ended September 30, 2026. Net income available to common shareholders was $1.4 billion, compared to $144 million in the prior year quarter. The company completed its annual actuarial assumption update during the quarter which increased pre-tax income by $2 million in the…
