Global Atlantic is getting out of the fixed IUL business. The company will instead focus on its hot-selling annuity lines, an executive told employees.
The publicly traded U.S. life insurers Moody’s Investors Service rates reported a slight aggregate decrease in operating profitability sequentially, as they position themselves for significant uncertainty in the markets for the remainder of the year.
Global Atlantic is done selling new fixed IUL, effective July 1.
Global Atlantic is getting out of the fixed IUL business. The company will instead focus on its hot-selling annuity lines, an executive told employees.
Tennessee officials are searching for policyholders as regulators and courts continue to unwind the tangled finances of troubled insurance magnate Greg Lindberg.
A group of Nationwide employees sent an overnight email to everyone in the company airing complaints that “expectations have become overwhelming and impractical” for claims adjusters and making six demands for change.
Using the Oura Ring and related Oura App, participants can gain a strong understanding of the hours they sleep each night and the number of minutes they spend each day engaged in mindfulness.
Digital field underwriting must happen at a faster pace if the life insurance industry is to survive a time of declining market penetration and falling sales.
Lincoln Financial is asking a Texas judge to dismiss a lawsuit filed by nine plaintiffs who claim they were sold a fixed indexed annuity with illustrated promises of unrealistic gains. One of its former agents is the lead plaintiff.
Lincoln Financial Group completed another difficult quarter financially, but executives touted last week’s $28 billion reinsurance deal as a crucial rebound move for the insurer.
Castle Analytics, a California-based manager of digital asset funds, announced the launch of a proprietary index fund that provides exposure to Bitcoin, Ethereum, and other cryptocurrencies available within an Insurance Dedicated Fund.