Special master: Up to $300M on the way for Greg Lindberg victims
The special master assigned to unwind disgraced financier Greg Lindberg’s maze of companies says the impending sale of one of them will yield up to $300 million for fraud victims.
News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.
The special master assigned to unwind disgraced financier Greg Lindberg’s maze of companies says the impending sale of one of them will yield up to $300 million for fraud victims.
Ten years ago, John Hancock asked a bold question: What if we could build customers – and profits – by rewarding people for living well?
Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older.
Group 1001 Insurance, a leading financial services company, today announced the promotion of Michael Bloom to Chief Legal Officer. Bloom will continue to serve as Chief Legal Officer and Secretary for Delaware Life Insurance Company, the group’ s flagship company. He will continue to report to Group 1001’ s Chief Executive Officer and President, Dan Towriss.
The Nassau Companies of New York announced today the upsize and pricing of its previously announced private offering of its 7.875% senior notes due 2030. The Nassau Companies of New York intends to use the net proceeds from the Offering for general corporate purposes and to repay in full all outstanding amounts under the existing term loan credit facility.
As a $90 trillion Great Wealth Transfer looms, more Americans say they are preparing to leave a financial legacy, yet fewer expect to receive one themselves.
Foresters Financial introduces Foresters Live Well Plus, a new participating whole life insurance product available through a single-session digital journey.
BetterLife — a member-owned, not-for-profit life insurance company — has launched Better Final Expense, an updated line of final expense products designed for a more streamlined approach to coverage.
Winged Keel Group today announced its continued national expansion with the acquisition of MBW Group and opening of its Minneapolis office. The new Winged Keel Minneapolis office will be led by Principals Jeffery W. Bird and David A. Wischmeier and comprised of a team of experienced client relationship managers and brokerage service professionals.
The Nassau Companies of New York announced today that it has commenced a private offering of $400 million aggregate principal amount of its senior notes due 2030, subject to market and other conditions. The Nassau Companies of New York intends to use the net proceeds from the offering for general corporate purposes and to repay in full all outstanding amounts…
AM Best has maintained its negative outlook on France’ s non-life insurance segment. In its new Best’ s Market Segment Report,“ Market Segment Outlook: France Non-Life Insurance”, AM Best states that non-life insurance growth prospects are expected to remain limited over the next months, tied to modest GDP growth expectations. Headquartered in the United States,…
The special master assigned to unwind disgraced financier Greg Lindberg’s maze of companies says the impending sale of one of them will yield up to $300 million for fraud victims.
The ratings of USAA and its P/C affiliates, together referred to as USAA Group, reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favorable business profile and appropriate enterprise risk management. USAA provides a diverse portfolio of products through its P/ C and L/ H insurers, as well as…
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of New York Life Insurance Company, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America, New York Life Group Insurance Company of NY and NYLIFE Insurance Company of Arizona. All companies are referred to as New York Life and…
LITTLETON— Bringing drive and foresight, Paul McGoldrick was a pivotal man at a critical time. Paul passed away in 2015 after quite a career in Littleton. He moved to Littleton in 1964 with New England Telephone.
Survivorship life insurance, often called “second-to-die life insurance,” covers two policyowners and pays a death benefit when both have died.
Allianz Investment Management LLC, a subsidiary of Allianz Life Insurance Company of North America and adviser to the AllianzIM exchange-traded funds, today announced the launch of two ETFs: the AllianzIM U.S. Equity Buffer100 Protection ETF and the AllianzIM U.S. Equity Buffer15 ETF. Built on AllianzIM’ s deep expertise in risk management, both AIOO and QBSF…
Ten years ago, John Hancock asked a bold question: What if we could build customers – and profits – by rewarding people for living well?
Dearborn Group shifts focus to core health offerings as Symetra adds scale to growing Workforce Benefits business. CHICAGO& BELLEVUE, Wash.—- Dearborn Group, one of the nation’ s largest ancillary benefits providers, and Symetra Life Insurance Company, a national provider of life, retirement and employee benefit insurance products, today announced a definitive…
Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older.
A woman increased her stepdad’ s life insurance policy to $750,000, then 16 days later had her boyfriend kill him, Florida authorities said. A jury convicted 48- year-old Perry Stanley of first-degree murder and possession of a firearm by a convicted felon, the State Attorney’ s Office for the Seventh Judicial Circuit announced June 26. His girlfriend at the time,…
Royal Neighbors of America has announced the launch of its new Jet Single Premium Whole Life product.
People who have yet to associate the word' insurance' with adjectives like' friendly',' helpful' and' fun' have not met Farmers Agent, Lisa Beamer. Beamer, who won the Worland-Ten Sleep Chamber of Commerce Small Business of the Year award in 2025, has been serving the Worland community as an insurance agent for a decade and is passionate about what she does.