Life Insurance News

NASHVILLE— Going back to school is an exciting and stressful time for students, educators, and parents. As the school year gets underway across the Volunteer State, the Tennessee Department of Commerce and Insurance reminds consumers that education doesn't stop in the classroom. TDCI's Division of Insurance offers insurance tips and reminders to help make…

The Pennsylvania Insurance Department today announced that the 2026 rate changes requested by insurance companies currently operating in Pennsylvania's individual and small group markets are now available online. On average, all Pennsylvania health insurers are requesting premium increases in plan year 2026: 19% increase to premiums in the…

Brighthouse Financial, Inc. announced today its financial results for the second quarter ended June 30, 2025. The company reported net income available to shareholders of $60 million in the second quarter of 2025, or $1.02 per diluted share, compared with net income available to shareholders of $9 million in the second quarter of 2024, or $0.12 per diluted…

AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a” to China United Property Insurance Company. The ratings also reflect the expected government support CUPI will receive from its ultimate parent, China Investment Corporation, the sovereign wealth fund of the Chinese government. The company maintains a sizeable…

Corebridge Financial today announced the launch of Power Select AICO SM, a new index annuity that expands the strong partnership between Corebridge and Market Synergy Group, one of the nation’ s largest networks of independent marketing organizations. “We are excited to build on our long-standing partnership with Market Synergy Group and introduce a next…

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Heartland National Life Insurance Company. HNL has traditionally used extensive reinsurance to share risk and manage capital strain as it executes its growth initiatives under its strategic plan and…

U-Haul Holding Company, parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its first quarter ended June 30, 2025, of $142.3 million, compared with net earnings of $195.4 million for the same period last year.

MetLife, Inc. today announced its second quarter 2025 results. Supplemental slides for the second quarter of 2025, titled“ 2 Q25 Supplemental Slides” are available on the MetLife Investor Relations website at https://investor.metlife.com and in the Form 8- K furnished by MetLife to the U.S. Securities and Exchange Commission in connection with this…

Primerica, Inc. announced financial results for the quarter ended June 30, 2025. The Company reported total revenue of $793.3 million, net income of $178.3 million and net earnings per diluted share of $5.40 during the second quarter of 2025. During the second quarter of 2024, the Company reported total revenue of $791.0 million, net income from continuing…

New Jersey financial professional Jill Van Nostrand submitted a comment letter to the New Jersey Department of Labor and Workforce Development opposing the state’s proposed expansion of the ABC Test for determining independent contractor status.

Aflac, headquartered in Columbus, Georgia, recently donated a generous amount of furniture to area public school districts, transforming excess inventory into valuable resources for students and educators across the Chattahoochee Valley. Led by Aflac employee volunteers and members of the company’ s Facilities and Wellness teams, representatives from…

AM Best has affirmed the Financial Strength Rating of B- and the Long-Term Issuer Credit Rating of“ bb-” of Life Insurance Company Kommesk-Omir JSC. A partially offsetting rating factor is the relatively low credit quality of Kommesk’ s investment portfolio, reflecting its concentration in its domestic market, which exposes the company to the high levels of…

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…

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…