Life Insurance News

AM Best has placed under review with developing implications the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Gulf Guaranty Life Insurance Company. Gulf Guaranty Life was sold to Acturion, LLC in March of 2025. Headquartered in the United States, the company does business in over 100 countries with regional offices in London,…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of RBC Life Insurance Company. The parent bank is a strong organization with approximately CAD 127 billion of IFRS equity at financial year-end 2024 and over CAD 2 trillion in assets. The group earned approximately CAD 16 billion in net income on CAD 57 billion in…

Christian Lassen, a national life insurance attorney and founder of The Lassen Law Firm, was quoted in the Wall Street Journal on May 17, 2025, for his insights into these growing delays and the legal barriers beneficiaries face in getting paid. Lassen is licensed in Pennsylvania, New Jersey, and New York, and represents clients nationwide in all types of life…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Symetra Life Insurance Company and its subsidiary, First Symetra National Life Insurance Company of New York, together referred to as Symetra Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb+” of Symetra Life Group’ s parent, Symetra…

Thrivent plans to hire nearly 600 new financial advisors in 2025 for a range of roles across multiple advisory models – from employee to independent – with an emphasis on strengthening and expanding advisor teams.

Now, legal documents have been filed by UNUM Life Insurance Company of America with the United States District Court of Vermont requesting that the court intercede on how to handle the money, which otherwise would have gone to Crossman Jr. Unum asked the court to be permitted to remit the death benefits into the registry of the court pending judgement, and that…

TRIAD— A scam making the rounds locally involves an insurance angle, consumer advocates warn. The insurance letter is a variation of a phishing scam designed to trick people into revealing personal information about themselves, said Lechelle Yates, director of communications with the Better Business Bureau of Central and Northwest North Carolina.

Vitality, a leading health and life insurance provider, is working with global analytics software leader FICO to deliver personalised experiences for its 1 million members. Unique in the health insurance market, the Vitality Care Hub powered by FICO ® Platform offers a fully digital journey including instant authorisation, online consultant booking and…

NASHVILLE– The Tennessee Department of Commerce& Insurance proudly announces that $87.67 million in insurance policies and benefits was located in 2024 for Tennesseans through the Life Insurance Policy Locator Service, found at content.naic.org/article/learn-how-use-naic-life-insurance-policy-locator. Developed by the National Association…

Question from Lisa: I have a question about life insurance. Does it make any sense to convert a term policy into something else prior to me turning 70, when my plan term ends and I'll be left without any life insurance? Answer: When I opened The Health Insurance Store, I only wanted to focus on health and Medicare insurance, products that I believed, and still do, are an…

Americans’ financial confidence has declined significantly in the last five years and many do not think they are saving enough for retirement, according to the 2025 Annual Retirement Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. In 2025, just 70% of Americans say they feel confident about…

For the first time, retirement-related challenges topped the list of financial concerns keeping Americans up at night.

The life insurer Royal Neighbors of America celebrated its 130th anniversary Sunday, May 18, with an event attended by more than 100 people to commemorate the company’ s growth and commitment to community service. Royal Neighbors of America is a women-led, mission-oriented life insurer based in Rock Island. Nine women founded Royal Neighbors of America as a…

Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, today launched Jackson Market Link Pro ® III and Jackson Market Link Pro Advisory ® III, further enhancing Jackson’ s suite of registered index-linked annuities. JMLPIII and JMLPAIII give consumers the potential to grow assets before and during…

The insurance letter is a variation of a phishing scam designed to trick people into revealing personal information about themselves, said Lechelle Yates, director of communications with the Better Business Bureau of Central and Northwest North Carolina. “The writer behind this letter is not a lawyer— it’ s a scammer,” Yates told The High Point Enterprise.“ That…

Table of Contents As filed with the Securities and Exchange Commission on May 16, 2025. New York, New York 10166-0188. New York, New York 10166-0188.

OF THE CONDITION AND AFFAIRS OF THE. Organized under the Laws of New York, State of Domicile or Port of Entry. Country of Domicile United States of America.

FingerMotion (NASDAQ: FNGR), has entered the Indonesian market via its subsidiary, Finger Motion Financial Company Limited, by signing an agreement with PT Mach Wireless Teknologi to deploy its AI-driven insurance risk rating platform. Tailored for local underwriting in motor, health, and life insurance, the platform will integrate with Indonesia’s telco-insurance ecosystem. The company is in […]