AI is rapidly reshaping underwriting, improving efficiency and data analysis while raising new questions about accuracy, governance and the role of human decision-making.
A Connecticut judge denied a request Tuesday by PHL Variable Insurance Co. policyholders to stop paying premiums while keeping their coverage in force.
On Monday, the Connecticut Insurance Department (CID) hosted a virtual information session for PHL Variable Insurance Co. policy and annuity…
AI is rapidly reshaping underwriting, improving efficiency and data analysis while raising new questions about accuracy, governance and the role of human decision-making.
A Connecticut judge denied a request Tuesday by PHL Variable Insurance Co. policyholders to stop paying premiums while keeping their coverage in force.
eHealth, Inc., a private online health insurance marketplace, announced it now offers final expense life insurance plans, helping Americans and their families plan for funeral and burial or cremation expenses.
On Monday, the Connecticut Insurance Department (CID) hosted a virtual information session for PHL Variable Insurance Co. policy and annuity…
The global economy is entering a period of profound uncertainty as geopolitical conflict, shifting trade dynamics and rapid technological change upend traditional forecasting models.
Prudential Financial announced new global research conducted by the Global Aging Institute showing that while retirement savings have grown in many countries, most systems still leave individuals on their own to manage the risk of outspending or outliving their savings.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of ReliaStar Life Insurance Company of New York and ReliaStar Life Insurance Company, collectively known as ReliaStar Life Insurance Group. The outlook of these Credit Ratings is stable. The ratings reflect ReliaStar’ s balance sheet strength, which AM Best…
Voya Financial today announced a new collaboration with TELUS Health to integrate their Employee Assistance Program services in conjunction with Group Annual Term Life Insurance offered by Voya. “As mental and emotional well-being continue to play a critical role in employee engagement and productivity, it’ s essential that we work with service providers…
Insurers have long invested in customer experience, and in an increasingly volatile world, that focus matters even more.
Thousands of insurance professionals are expected to retire from the industry in the next 10-15 years. How will the industry respond?
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…
Life insurance, both for protection and as a financial planning tool, remains a crucial part of any portfolio for clients nearing retirement.
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…
Recent data from the Pew Research Center found that among adults under 49 without children, 47% say they never wants kids. But do they need life insurance?
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.
The premium rarely stops the decision. The misunderstanding behind the premium does.
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…
