Questions about the taxation of life insurance settlements often arise during the tax preparation season.
Support is growing among some state insurance regulators to tighten the rules for life insurers entering into reinsurance agreements.
The insurance outlook for 2024 is generally positive despite being challenged by catastrophes, inflation and mortality rates.
Nationwide recently announced a new variable universal life product that offers a flexible solution for long-term financial goals with guaranteed death benefit protection, plus cash value growth potential.
The Federal Reserve left interest rates unchanged during its most recent meeting, but annuity sellers are preparing for the cuts to come by adjusting rates.
Ensured Legacy Final Expense, a suite of life insurance products, is set to offer coverage customization options including a unique rider designed to make a lasting impact on the lives of members and their families across the country.
According to a new MDRT study, 39.2% of U.S. workers say they will have employer-provided term life insurance in 2024, and 33% say they will have employer-provided long-term disability insurance.
Life insurers must take note of changing demographics by offering new solutions for new generations.
A judge denied a motion Wednesday by Pacific Life to dismiss a lawsuit brought by a Washington couple dissatisfied with a PDX indexed universal life policy.
More than 20% of American adults who plan to leave unpaid debt behind for their loved ones to inherit do not have life insurance coverage, according to a new survey from Policygenius.
More than half (62%) of U.S. insurers say they are willing to take more investment risk in 2024 despite mounting concerns about election year politics, fiscal/monetary policy, persistent inflation and volatility, according to a survey sponsored by Conning.
How consumers and advisors could be hurt if insurance distribution uses artificial intelligence to move to a direct-to-consumer model in the wake of the Department of Labor’s proposed fiduciary rule.
Analysts anticipate life insurers, despite some minor red flags, will post strong fourth-quarter and full-year 2023 earnings in the coming weeks.
The pros and cons of how AI can reduce or even eliminate the need for licensed insurance agents, empowering distributions to embrace a direct-to-consumer approach and ushering in a new era of efficiency, cost-effectiveness and customer-centricity.
African American families own life insurance but not enough of that to create generational wealth. A group of panelists shared their thoughts on how to reverse this.
Semi-retirement is the latest trend among older Americans who aren’t quite ready to leave the workforce for good.
Fitch Ratings’ analysts came up with a largely “meh” prediction when it comes to its overall 2024 credit outlook for property/casualty insurance. However, the ratings agency showed some optimism in its 2024 credit outlook for personal auto and life insurance.
Technology won’t replace the personal touch; it will improve and augment it.
Application activity for U.S. life insurance grew at a near 3% rate in 2023, showing the first uptick in almost four years.
Obra Capital, an asset management firm, today announced that it has completed the acquisition of Unified Life Insurance.
