Life Insurance News

RSS

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

More Stories

Indexed universal life insurance policies are increasingly popular, offering a unique blend of life insurance coverage and investment potential.

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa” of Mitsui Sumitomo Insurance Company, Limited. Concurrently, AM Best has affirmed the FSR of A+ and the Long-Term ICRs of“ aa” of MSI’ s U.S. operating companies, which are domiciled in New York, NY: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance…
Image shows a gavel and the words, "Tax Sham Lawsuit."
A group of 29 plaintiffs claim that Penn Mutual Life Insurance Co. and several co-defendants ran a tax-avoidance scam around whole life insurance policies.

Defendants are asking a California court to dismiss a lawsuit alleging a tax-avoidance scam around Penn Mutual whole life insurance policies.

SWBC Life Insurance Company and SWBC Property and Casualty Insurance Company are proud to announce that AM Best, a globally recognized credit rating agency focused on the insurance industry, has reaffirmed their A- ratings with a Stable Outlook. SWBC Life Insurance Company, a long-standing provider of credit insurance and reinsurance solutions, proudly…

JAB Insurance today announced that Jin Chang will join the firm in July as a Partner, bringing more than 30 years of insurance experience, most recently as Senior Vice President of Finance at Athene, Apollo Global Management’ s U.S. Insurance and Retirement Business. I am delighted to welcome him as a partner in JAB Insurance as we focus on creating a life insurance…

KBRA assigns an issuer rating of BBB to The Fortegra Group, Inc. and assigns an insurance financial strength rating of A- to Fortegra Specialty Insurance Company. In addition, KBRA affirms the A- IFSRs for the key U.S. insurance subsidiaries of The Fortegra Group, Inc.: Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity Company…

Recognizing this coverage gap, MassMutual recently introduced new Group Critical Illness Insurance and Group Accident Insurance products to its voluntary benefits offerings. “MassMutual offers the next generation of products that help reduce the coverage gaps that other plans leave open,” said Shefali Desai, head of worksite with MassMutual.“ We have…

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 shareholders for the year ended March 31, 2025, of $367.1 million, compared with $628.7 million for the same period last year. We have increased depreciation further to…