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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.

Top Stories

September 20, 2023
life insurance

Analysis shows decreasing mortality risks for Black, Hispanic life insurance applicants

The life insurance industry has a new tool to identify mortality risk among applicants.

September 20, 2023
Image shows court scenes with the words "Annuity King sentencing request" overlayed.
The government accuses Phillip Roy Wasserman of obstructing justice in several instances.

U.S attorney alleges obstruction, seeks stiffer sentence for ‘Annuity King’

Government prosecutors and Phillip Roy Wasserman are waging an escalating battle of obstruction charges as a Florida judge prepares to sentence the former “Annuity King” on fraud charges.

September 18, 2023
settlement

Unharness your business’s epic ascension with life settlement superhero power

Be a superhero to your clients by offering life settlements.

More Stories

September 20, 2023
life insurance

Analysis shows decreasing mortality risks for Black, Hispanic life insurance applicants

The life insurance industry has a new tool to identify mortality risk among applicants.

September 20, 2023
Image shows court scenes with the words "Annuity King sentencing request" overlayed.
The government accuses Phillip Roy Wasserman of obstructing justice in several instances.

U.S attorney alleges obstruction, seeks stiffer sentence for ‘Annuity King’

Government prosecutors and Phillip Roy Wasserman are waging an escalating battle of obstruction charges as a Florida judge prepares to sentence the former “Annuity King” on fraud charges.

September 18, 2023
settlement

Unharness your business’s epic ascension with life settlement superhero power

Be a superhero to your clients by offering life settlements.

September 15, 2023
Image shows a photo of Greg Lindberg and the North Carolina flag and money
North Carolina regulators are releasing funds to policyholders who own policies in insurers once owned by Greg Lindberg.

NC regulators release $1.2B from former Lindberg insurers in receivership

North Carolina regulators are releasing funds to long-suffering policyholders who own life insurance and annuities with insurers formerly controlled by Greg Lindberg.

September 15, 2023

Japan’s changing insurance industry can learn some lessons from the U.S. market

The Japanese insurance model of selling mass quantities of insurance using a large sales force will struggle to survive in the next decade.

Life Happens celebrates 20th Life Insurance Awareness Month with a focus on single parents

September 13, 2023

Two decades later, the nonprofit remains dedicated to helping Americans achieve financial security through a better understanding of the value of life insurance.

September 13, 2023
Image of John Hancock President and CEO Brooks Tingle and Boston Mayor Michelle Wu.
Brooks Tingle, John Hancock president and CEO, with Boston Mayor Michelle Wu. (Mayor's Office Photo by Isabel Leon)

John Hancock steps up redefining life insurance with ‘Longevity Symposium’

John Hancock continues its efforts to redefine the role of a life insurance company, hosting its first Longevity Symposium in Boston.

September 13, 2023
Image shows life insurance premium data
Life insurance premium is on the rise.

LIMRA: Record number of Americans plan to purchase life insurance

Just 52% of U.S. adults report having life insurance, down from 63% in 2011, LIMRA reported. Other sales data were much more positive during the second quarter.

September 12, 2023
life insurance

Don’t let life insurance be the pumpkin spice of client financial planning!

The pumpkin spice season comes and goes, but advising clients about life insurance is always in season.

September 5, 2023
Image shows a judicial scales with the sentence, "Annuity King calls on defenders."
Phillip Roy Wasserman is scheduled to be sentenced on fraud charges tomorrow.

‘Annuity King’ sentencing delayed a month to permit character witnesses

Sentencing for Phillip Roy Wasserman, the self-styled “Annuity King” convicted on fraud charges, was originally scheduled for this week.

September 1, 2023
Indexed life sales numbers hit new heights in the second quarter. (Courtesy of Wink, Inc.)

Indexed life sales up 28%, drives strong Q2 for life insurance, Wink says

Second-quarter indexed life sales hit $812.6 million, up 27.8% from Q1 and up 18.5% compared to the same period last year.

September 1, 2023

The steadfast role of agents and advisors: A Labor Day story

In honor of Labor Day, here’s a story that illustrates the value and service insurance agents and financial advisors provide every single day.

August 30, 2023
Image shows a Pacific Life logo and a Washington state seal.
PacLife says it did nothing wrong in the sale of its PDX indexed universal life insurance product.

Pacific Life denies fault, asks court to dismiss IUL lawsuit in Washington state

Pacific Life denied all claims and asked a Washington state federal judge to dismiss a lawsuit brought by a Richland couple dissatisfied with a PDX indexed universal life policy.

August 25, 2023
code of conduct

Carry your own code of conduct in your heart

When you know something is not right and your instincts confirm it, then there is no right way to do a wrong thing.

August 24, 2023

Life insurance can offer more than a death benefit

How life insurance leverages today’s market and tax environments for retirement planning purposes.

August 23, 2023

Structuring life insurance premium finance when interest rates are high

In a high-interest rate environment, using premium finance to purchase life insurance for death benefit purposes can be a strategic solution for estate planning, wealth transfer and business transition needs.

New documents claim church organization was not making payments for members' life insurance policies

August 22, 2023

OKLAHOMA CITY— New documents, obtained by News 4, detail what happened after an Oklahoma widow claimed a life insurance policy for her husband following his death. Oklahoma's Insurance Commissioner, Glen Mulready, confirmed to KFOR Monday that his team has joined with the Attorney General's office to investigate the case. Wright purchased a life insurance…

August 18, 2023

How an advisor made MDRT by working with young engineers

An advisor recalled how he launched his insurance career and qualified for Million Dollar Round Table by working with the group he could relate to most – newly graduated engineers.

August 17, 2023

Cross-selling leads to up-selling

Cross-selling often results in increased sales revenue and higher rates of client retention and satisfaction.

Joe Jordan to receive the 2023 John Newton Russell Memorial Award

August 15, 2023

The award is the highest honor accorded by the insurance industry to a living individual who has rendered outstanding services to the institution of life insurance.

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