We’ re excited to now be a part of the Data Exchange, which makes it even easier for brokers to connect employers to our market-leading solutions,” said Corey Remillard, Producer Relations Director, at NYL GBS. “As seamless connectivity evolves from a nice-to-have to a business necessity in the HR and benefits technology space, partnering with Employee Navigator…
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Life insurance and estate planning: Forge a powerful referral channel
The increasing complexity of wealth transfer makes collaboration less of an option and more of a necessity.
Hanwha Life, South Korea's first life insurance company, has officially completed the acquisition of a 75% stake in U.S.- based global financial services firm Velocity Clearing, LLC on July 30. Velocity Clearing, LLC, a global financial services firm based in New York, manages the post trade service, including clearing and settlement. Working closely with…
Ian Michael Pierce, 34, was arrested on larceny, forgery and other charges following an investigation into a life insurance fraud scheme that authorities say occurred between 2020 and November 2024. Connecticut State Police said they launched the investigation after receiving a lead from the Connecticut Insurance Department in November 2024.
HARRISBURG— The cost to buy health insurance in Pennsylvania, be it individually or through a small business employer, will grow substantially in 2026 under rate increases proposed by insurance companies. According to the Pennsylvania Insurance Department, the requested rate increases result from the rising cost of health care, increased use of plan…
Communication: The difference between good and great agents
Excellent communication requires crafting an experience built on clarity, trust and a genuine human connection.
Reinsurance Group of America, Incorporated, a leading global life and health reinsurer, announced today the successful completion of its previously disclosed transaction with Equitable Holdings, Inc. to reinsure a diversified block of life insurance products. Reinsurance Group of America, Incorporated is a global industry leader specializing in life…
Hanwha Life, South Korea’s first life insurance company, has officially completed the acquisition of a 75% stake in U.S.-based global financial services firm Velocity Clearing.
SEOUL, South Korea& NEW YORK—- Hanwha Life, South Korea’ s first life insurance company, has officially completed the acquisition of a 75% stake in U.S.- based global financial services firm Velocity Clearing, LLC on July 30. With this transaction, Hanwha Life becomes the first Korean insurance company to acquire a U.S. securities firm,“ the center of the global capital…
Lincoln Financial today reported financial results for the second quarter ended June 30, 2025. Strong performance in the quarter was driven by an increasingly diversified earnings mix and disciplined execution on strategic and financial objectives. Second quarter net income available to common stockholders was $688 million, or $3.80 per diluted share….
Bright outlook for agents as life, annuity sales set to climb, Conning reports
The economic forecast is for continued growth in life/annuity and property/casualty insurance premium, two Conning analysts said during a recent webinar.
A Connecticut man faces larceny and forgery charges in connection with a scheme in which he has been accused of collecting premiums from at least seven people for fake or lapsed life insurance policies. Ian Pierce, 34, formerly of Tolland was charged last Thursday in connection with four arrest warrants held by troopers, according to Connecticut State Police.
Judge sets public hearing on PHL Variable moratorium changes
Judge Daniel J. Klau approved a schedule Tuesday for public comment and a hearing on the modification of a moratorium on access to PHL Variable benefits.
Guaranty Income Life Insurance Company, a leading fixed and indexed annuity carrier, has been named to the prestigious Ward’ s 50 list of top-performing life and health insurance companies for 2025. Ward benchmarks the financial performance of nearly 700 life and health insurers across the country, selecting the top 50 based on outstanding results in safety,…
Latest milestone in strategic partnership to accelerate Japan Post Insurance’ s global growth strategy Reinforces both KKR and Global Atlantic’ s deep commitment to Japan, and serving the needs of the expanding global insurance market. TOKYO& NEW YORK—- Japan Post Insurance Co., Ltd., KKR& Co. Inc., and Global Atlantic, a leading provider of retirement security and…
The agenda featured topics such as: the use of genetic testing in life insurance underwriting, alternative funding programs and insurers’ use of artificial intelligence.
The Best’ s Market Segment Report,“ Market Segment Outlook: Vietnam Non-Life Insurance,” states that the country’ s core insurance segments are driving growth. Vietnam’ s real GDP growth accelerated to 7.1% in 2024, although heightened global trade uncertainty and economic slowdowns in key partner economies may weigh on Vietnam’ s export performance and affect…
Why the sandwich generation may be underinsured
The sandwich generation – adults who are caring for older family members while raising children – are already stretching their funds to cover expenses across multiple generations.
—Hackers gained access to personal data on the majority of the 1.4 million customers of Allianz Life Insurance Company of North America, the company confirmed Saturday. Minneapolis- based Allianz Life, a subsidiary of Munich, Germany- based Allianz SE, said the data breach happened on July 16 when a“ malicious threat actor” gained access to a third-party,…
A onetime Vadnais Heights insurance broker who invented customers and used phony Social Security numbers to earn nearly $650,000 in commissions was put on probation for three years and ordered to pay back what he stole. Life Insurance Company of North America, a subsidiary of Cigna Corp., reported suspected insurance fraud to the Minnesota Commerce Fraud…
