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Life Insurance News

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News, trends, sales data, and helpful peer advice for life insurance professionals, including insurance agents.

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Winged Keel Group Welcomes Carolyn Rogers to Strengthen Engagement in Washington, D.C. and the Mid-Atlantic Region

September 15, 2025

Winged Keel Group is pleased to announce that Carolyn Rogers has joined the firm as a Client Relationship Manager. Residing in Maryland, Carolyn will focus on the Washington D.C. area, where her extensive network and expertise in the design, implementation, and ongoing administration of Traditional and Private Placement Life Insurance and Annuity…

Gulf Guaranty Life Insurance Company Upgraded by AM Best Following Acturion Acquisition; Company to Rebrand as American Gulf

September 15, 2025

Gulf Guaranty Life Insurance Company d/b/a American Gulf today announced that AM Best has upgraded the company’ s Long-Term Issuer Credit Rating to“ bbb+” from“ bbb” affirmed its Financial Strength Rating of B++, and removed the ratings from under review with developing implications. GGLIC received AM Best’ s fourth highest rating in its financial strength…

Why consumers under 40 are skipping life insurance

September 15, 2025

The World Life Insurance Report 2026, conducted jointly by LIMRA and the Capgemini Research Institute, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.

Guaranteed Renewal Rates Highlight Launch of New Prosperity Life Group® FIAs: Prosperity PathPro℠ Series

September 15, 2025

Prosperity Life Group ®, an insurance, reinsurance, and asset management organization, today announced the launch of Prosperity PathPro SM Series Fixed Indexed Annuities, issued by S.USA Life Insurance Company, Inc., a Prosperity Company. “Prosperity PathPro Series has a unique story offering stability via guaranteed Par and Cap Rates, customized growth…

Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood

September 15, 2025

Under-40 consumers overlook traditional life insurance plans citing misalignment with their stage in life, high costs of premiums, and lack of immediate benefits Majority seek living benefits instead, like emergency financial support, wellness rewards or coverage for fertility treatments. PARIS& WINDSOR, Conn.—- The World Life Insurance Report 2026,…

September 12, 2025

Beyond the policy: It’s about love

What greater act of love could anyone possibly demonstrate than leaving their legacy prepared, organized and filled with intention in a place and way that will have an impact possibly for generations?

September 11, 2025
Image shows a man holding a phone with the words, "life insurance" on the screen
Life insurance sales are doing very well so far in 2025.

Q2 life insurance sales surge; policies sold hit quarterly record

Total new annualized premium increased 13% to $4.5 billion in the second quarter, according to LIMRA’s retail life insurance sales survey results.

Baby on Board

September 11, 2025

Starting a family brings joy, responsibility- and the need to plan for the unexpected. Life insurance may not be the first thing on your to-do list, but it plays a crucial role in protecting your family's future. For example, if your annual salary is $75,000, it makes sense to consider a policy with a $750,000 death benefit.

AM Best Affirms Credit Ratings of Petrolimex Insurance Corporation

September 11, 2025

AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb”, and the Vietnam National Scale Rating of aaa.VN of Petrolimex Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect PJICO’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…

September 11, 2025
Image of consumer debating whether she will be able to afford life insurance. Consumers-need-more-education-about-life-insurance.
Consumers need more education to help them understand how affordable life insurance can be. (AI-generated image)

The Life Insurance Myth: Why Americans aren’t buying life insurance

The 2025 Insurance Barometer survey shows fewer consumers are knowledgeable about life insurance, showing a need for more education about the product.

Trademark Application for “METLIFE EXECUTIVE INCOME PROGRAM” Filed by Metropolitan Life Insurance Company: Metropolitan Life Insurance Company

September 10, 2025

2025 SEP 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“ METLIFE EXECUTIVE INCOME PROGRAM” by Heidi C. Constantine Metropolitan Life Insurance Company, representing Metropolitan Life Insurance Company.

AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Bahrain National Insurance Company B.S.C. (c)

September 10, 2025

The Credit Ratings were first placed under review on 23 August 2024, following the announcement that Solidarity Group Holding B.S.C. (c) agreed to purchase the operations of BNI and Bahrain National Life Assurance Company B.S.C. (c) for a total purchase price of BHD 75 million. The completion of the acquisition of 100% of the shares in BNI by SGH and BNL by SGH’ s…

September 10, 2025

Is life insurance cheaper than coffee?

One persistent myth continues to hold younger adults back from getting the coverage they need.

September 10, 2025
Image shows the Arkansas state flag and a gavel.
Globe Life is accused of terminating policies after claims are submitted.

Arkansas lawsuit: Globe Life canceled burial policies rather than pay claims

A lawsuit filed in an Arkansas federal court last week alleges that Globe Life routinely canceled small life insurance policies when confronted with claims.

St. Louis County woman bought life insurance for fiancé. A year later, he was found dead.

September 9, 2025

ST. LOUIS— In the summer of 2010, Victoria R. Williams was looking into buying a $250,000 life insurance policy for her fiancé. In October 2011, her fiancé, Charles Harris III, was found shot to death at his home in north St. Louis County. Federal prosecutors said Williams worked with Michael Grady to carry out the scheme.

New York Life to unify investment businesses, creating a premier $785 billion global investment platform

September 9, 2025

New York Life today announced the combination of its general account and third-party asset management businesses to create a global investment platform with approximately $785 billion in assets under management, effective Jan. 1, 2026. 1 The newly unified platform will bring together the full scale and capabilities of the firm’ s investment expertise…

Craig Sabal to Succeed Tony Malloy as Chief Investment Officer of New York Life

September 9, 2025

New York Life announced today that Craig Sabal has been named chief investment officer of the company, effective Jan. 1, 2026. Sabal, who joined New York Life in 2020 as deputy CIO, will be responsible for the investment strategy, asset allocation, and management of New York Life’ s general account. Sabal will succeed Tony Malloy, who will be retiring in 2026 after a…

Symetra Named a Fortune Best Workplace in Financial Services & Insurance™ For Third Consecutive Year

September 9, 2025

Symetra Life Insurance Company announced that Fortune ® magazine and Great Place to Work ® have recognized the company as one of the 2025 Best Workplaces in Financial Services& Insurance™. Symetra is No. 29 among the top 50 organizations in the large company category on the 2025 Fortune Best Workplaces in Financial Services& Insurance list.

Valmark Unveils New Technology Within Recently Launched InForce Insurance Hub™ to Protect Policyholder Interests and Improve Insurance Outcomes

September 9, 2025

Valmark Financial Group has announced a powerful new technology enhancement to its in-force life insurance business. The InForce Insurance Hub is supported by the broader infrastructure of Valmark’ s Policy Management Company and InForce Insurance Solutions Division. “The InForce Insurance Hub and its latest feature are game changers for Valmark Member…

Life insurance policyholders confused about living/death benefits

September 8, 2025

iCover Direct announced results of a nationwide consumer survey revealing a significant lack of understanding among life insurance policyholders about their benefits.

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