A 2020 Florida law banning life insurers from using genetic information prompted industry trade groups to educate lawmakers on how life insurance works.
MassMutual financial professionals can now offer their clients and prospects property/casualty insurance, thanks to a partnership between MassMutual and Insurify.
Three former workers in a Northern California office of the Zurich American Insurance Co. who were fired after taking“ off-the-record” paid time off were awarded more than $80 million in damages by a Sacramento jury Thursday, Sacramento attorney Lawrance Bohm announced. The case stemmed from a lawsuit originally filed in 2018 that went to trial after Zurich…
Fitch Ratings continues to monitor the impact to Globe Life’s financial and operational performance following last week’s short seller report that included allegations of insurance fraud and misconduct that led to a material decline in the company’s share price.
Protective Life Corporation, a U.S. subsidiary of Dai-ichi Life Holdings, announced that its principal subsidiary, Protective Life Insurance Company, entered into an agreement to acquire ShelterPoint Group, Inc., a provider of statutory disability, paid family and medical leave, as well as medical gap insurance products, among others.
Despite the total breaches rising by 9%, the Annual Industry Data and Compliance Report found that the number of customers impacted by breaches declined between 1 July 2022 and 30 June 2023. This indicates we are making headway in delivering better outcomes for consumers,” Ms McClelland said. Life insurers must prioritise meeting claims handling and…
StanCorp Financial Group, Inc., also known as “The Standard,” today announced the closing of the acquisition of Elevance Health’s life and disability insurance business in accordance with the terms of the agreement reported on March 28, 2023.
NeuGen sued MassMutual, alleging nearly 300 former NeuGen employees lost $3 million when MassMutual terminated a retirement fund after NeuGen announced layoffs in 2022.