Nearly a third of Americans do not realize that they can save on taxes through life insurance, according to a new study.
For the third consecutive year, total life insurance new annualized premium set a new sales record, rising 1% to $15.7 billion, according to LIMRA’s U.S. Life Insurance Sales Survey.
Life insurance sales closed 2023 with a very strong fourth quarter, according to Wink’s Sales & Market Report.
American Council of Life Insurers president & CEO Susan Neely announced today that she will retire from association leadership at the end of 2024.
Western & Southern Financial Group’s 2023 financial results showcase several records and growth in strategic areas.
Data scientists know that artificial intelligence and predictive modeling leads to some biased underwriting. But more studies are needed to determine the full impact.
Embattled entrepreneur Greg Lindberg is weighing options after a North Carolina Court of Appeals decision this week clears the way for his former insurance companies to be liquidated.
With the advent of AI, insurance carriers are tapping novel data sources like social media, GPS records, and smart devices for underwriting.
You've put in the work, saved diligently and finally reached that golden age of life: retirement. Well, yes, but there are still some financial loose ends that need tying up. Surprisingly, life insurance might be one of them.
A North Carolina appeals court partially reversed a lower-court ruling today and affirmed liquidation proceedings against insurers once owned by embattled investor Greg Lindberg.
There’s a critical aspect of financial planning that often doesn’t receive the attention it warrants until it’s too late: the cost of dying.
The National Association of Insurance and Financial Advisors announced the formation of its Industry Leadership Board comprised of distinguished leaders within the insurance and financial services sector.
A significant trend is emerging: the increasing financial influence women are having in the market.
In recent years, robo-advisors and AI-powered algorithms have grown in popularity because they provide automated investment advice and portfolio management at a cheaper cost.
A new study finds more than 4 in 10 intermediaries — brokerage general agencies and independent marketing organizations — already have or plan to establish programs to recruit more women financial professionals into their network.
Several life insurers cited mortality improvements in the fourth quarter for helping to improve life insurance earnings at the end of 2023.
Wells Fargo tentatively settled another federal lawsuit over what plaintiffs are calling a stranger-originated life insurance (STOLI) policy.
Life insurance new premium rose to even higher in 2023, LIMRA reported today, setting a record for the third straight year.
A panel of state insurance regulators is getting back to work on accelerated underwriting guidance for states to consider.
Questions about the taxation of life insurance settlements often arise during the tax preparation season.
