Before you debate premium financing, understand the bigger picture
The right strategy depends on context.
Securian has tweaked its SecureCare linked-benefit life and long-term care contract to give the product more flexibility in a growing…
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PHL Variable liquidation pushed out to 2027, Connecticut regulators say
The liquidation of PHL Variable Insurance Co. will not happen until next year at the earliest, regulators said in an update Tuesday.
Never stop learning: A lesson for the next generation of advisors
People who continue learning are better prepared to build the future.
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KANSAS CITY — Things started hot at the National Association of Insurance Commissioners’ working group meeting today as members immediately…
TOKYO and SPRINGFIELD, Mass., May 31, 2018/ PRNewswire/– MassMutual International LLC– Massachusetts Mutual Life Insurance Company’s international insurance holding company– and Nippon Life Insurance Co., Japan’s leading life insurer, today announced the completion of the sale of 85.1 percent of MassMutual Japan, MassMutual International’s wholly owned…
At the annual meeting of shareholders today, Unum Group President and CEO Richard P. McKenney addressed the company’ s strong performance, customer focus, and the growing need for the financial protection Unum provides. In 2017, Unum had record revenues of $11.3 billion and paid nearly $7 billion in benefits. Also at today’ s meeting, among other voting items, Unum…
May 23– If you don’t know what Securian does, chances are that you will soon. Securian has $1.2 trillion of active life-insurance policies, $79 billion in assets under management, and 19 million customers in North America. Beginning Wednesday, Securian will launch its first national advertising campaign, with ads that range in length from six to 60 seconds.
A Morgan Stanley analyst’s report sees significant strain on the life insurance industry, much of it from long-term care insurance. The report points to rising interest rates and the nearly dead Department of Labor fiduciary rule.
ST. PAUL, Minn.–(BUSINESS WIRE)–Families that feel confident with their finances can more easily enjoy the here and now, making life’s…
The American Council of Life Insurers announced today that Susan Neely, president and CEO of the American Beverage Association, will join ACLI as president and CEO this summer. Prior to her current role, she served as Assistant Secretary for Public Affairs for the U.S. Department of Homeland Security from 2003-2005 and served as a special assistant to…
Advisors are getting older and so are their clients. They both probably need to learn about succession planning for a secure retirement. Not only is it a service but also a lot of opportunity that comes with the liquidation of a business.
HOUSTON, May 15, 2018 – American International Group, Inc. (NYSE: AIG), a leader in the index universal life (IUL) insurance…
Why a parent should consider purchasing life insurance on a child.
Braintree, MA. — U.S. life insurance application activity was off in April down – 2.1% 1 year-over-year, according to the…
According to the National Association of Insurance Commissioners, 15 million Americans are expected to have a high long-term care need by 2050. 1. Kim Anderson, Securian Financial Product Research Manager. Securian Financial recently conducted a survey of more than 800 people currently providing, or who have provided, unpaid care to a parent, in-law or spouse…
Chinese state media say the founder of the Chinese insurance company that owns New York City’s Waldorf Hotel has been sentenced to 18 years in prison for fraudulently raising $10 billion from investors. A court in Shanghai handed down the sentence Thursday against Wu Xiaohui, the former chairman of Anbang Insurance Group. He founded the company in 2004 but was accused of misleading investors and diverting money.
A mystery shopper found that insurance companies are not putting their best selves forward online. Most of the shortcomings arise from the lack of follow-through.
FALLS CHURCH–The National Association of Insurance and Financial Advisors (NAIFA) has launched the NAIFA Learning Center, a virtual, on-demand video-based…
MetLife has a four-point plan to find annuitants after the company discovered it failed to pay nearly a half a billion dollars over decades.
Voya Financial will save up to $130 million in annual expenses after the company sells its annuity business, chairman and…
Agent pruning and lower unemployment may be factors in the falling agent count at Bankers Life, said CNO Financial CEO…
More changes are being made in Genworth Financial Inc.’ s long-delayed plan to be acquired by the China- based investment firm China Oceanwide Holdings Group Co. Ltd.. Henrico County- based Genworth, an insurance company with thousands of employees in Virginia, said Wednesday that the two companies are developing a new capital structure for the deal, after…
