Life Insurance News

TEANECK, N.J.& HAMILTON, Bermuda—- Agam Capital, a global leader in insurance-related asset and liability analytics, is advising one of the largest mutual life insurers in the United States, in the formation and launch of an incorporated segregated account company as a Bermuda- domiciled Class E life and annuity reinsurer. Agam’ s Co-Founders, Chak Raghunathan and…

2026 APR 10– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ PREMIER ACCESS” by Catherine M.C. Farrelly Frankfurt Kurnit Klein& Selz, representing The Guardian Life Insurance Company of America. Farrelly Frankfurt Kurnit…

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb+” to North American Fire& General Insurance Company Limited and North American Life Insurance Company Limited. NAFICO was incorporated in Guyana in 1989 and is the third-largest carrier in the country’ s insurance industry. Overall, both companies belong to the…

A new AM Best analysis reveals that funds held to back individual annuity policies now account for over 36% of the U.S. life/annuity insurance segment’ s overall reserves, which is up from 32% prior to the financial crisis of 2008. It illustrates a shift from traditional, defined benefit retirement and income protection approaches toward strategies more…

WoodmenLife today released its annual report for 2025, celebrating the efforts of the Omaha-based life insurer’s members to honor family, community, and country, while achieving superior financial results. 

As a result, Aflac— also known as American Family Life Assurance Co.— is cutting premium rates on 16 different policies by as much as 35%, its filings with the bureau show. In addition, Aflac agreed to pay a $64,000 fine to settle the matter. In the review, bureau staff checked six specific Aflac policies that offered supplement coverage when policyholders suffer…

The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity Company of California; Blue Ridge Indemnity Company; Fortegra Specialty Insurance Company; and Fortegra Europe Insurance Company SE. Furthermore, AM Best has maintained the under review with positive…

As a result, Aflac— American Family Life Assurance Co.— is cutting premium rates on 16 different policies by as much as 35%, its filings with the bureau show. In addition, Aflac agreed to pay a $64,000 fine to settle the matter. In the review, bureau staff checked six specific Aflac policies that offered supplement coverage when policyholders suffer injuries from…

On April 2, 2026, Shannon Ariel Lovell was sentenced to 3.5 years in the Arizona Department of Corrections, to be followed by supervised probation for 3 years. On March 12, 2026, Ryan Patrick Michell was sentenced to 5.5 years in the Arizona Department of Corrections, also to be followed by supervised probation for 4 years. From July 1, 2017 through approximately…

As a result, Aflac— American Family Life Assurance Co.— is cutting premium rates on 16 different policies by as much as 35%, its filings with the bureau show. In addition, Aflac agreed to pay a $64,000 fine to settle the matter. In the review, bureau staff checked six specific Aflac policies that offered supplement coverage when policyholders suffer injuries from…

As a result, Aflac— American Family Life Assurance Co.— is cutting premium rates on 16 different policies by as much as 35%, its filings with the bureau show. In addition, Aflac agreed to pay a $64,000 fine to settle the matter. In the review, bureau staff checked six specific Aflac policies that offered supplement coverage when policyholders suffer injuries from…

As a result, Aflac— American Family Life Assurance Co.— is cutting premium rates on 16 different policies by as much as 35%, its filings with the bureau show. In addition, Aflac agreed to pay a $64,000 fine to settle the matter. In the review, bureau staff checked six specific Aflac policies that offered supplement coverage when policyholders suffer injuries from…

As a result, Aflac— also known as American Family Life Assurance Co.— is cutting premium rates on 16 different policies by as much as 35%, its filings with the bureau show. In addition, Aflac agreed to pay a $64,000 fine to settle the matter. In the review, bureau staff checked six specific Aflac policies that offered supplement coverage when policyholders suffer…

Following two years as vice chair of OBIs board of directors, Justin Delaney recently took over as board chair from Lori Olund. He joined the company in 1997 following his graduation from Lewis and Clark Law School. Founded by Leo Samuel in 1906 as the Oregon Life Insurance Company, The Standard currently provides nearly every type of insurance except for…