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.
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Your insurance company may know more about you than you realize.
NeuGen sued MassMutual, alleging nearly 300 former NeuGen employees lost $3 million when MassMutual terminated a retirement fund after NeuGen announced layoffs in 2022.
Supreme Court takes on life insurance as a corporate asset
The Supreme Court to weigh in on whether the proceeds of a life insurance policy taken out by a corporation on a shareholder is a corporate asset.
How can the industry inspire the next generation of women in insurance?
By mentoring, fostering open dialogue, and driving advancements in the industry, we can cultivate a culture of innovation and continuous improvement.
Financial downsizing for a more comfortable retirement
Downsizing in later years is more than about moving to a smaller home.
Estate planning and life insurance for the 99%
Estate planning and life insurance are not just for the ultra-wealthy.
Survey: Life insurers want to be better at meeting technology challenges
Life insurers know that technology is one of their biggest challenges to capitalizing on the enormous market appetite for life insurance and annuities.
One-third of consumers unaware of life insurance tax benefits, says study
Nearly a third of Americans do not realize that they can save on taxes through life insurance, according to a new study.
Life insurance premium growth sets another record in 2023, LIMRA finds
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.
Indexed life sales break records in fourth quarter, Wink reports
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.
Underwriters must guard against bias and discrimination, speaker says
Data scientists know that artificial intelligence and predictive modeling leads to some biased underwriting. But more studies are needed to determine the full impact.
Greg Lindberg ponders appeal as policyholders await June funds release
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.
AI, novel data sources move underwriting into the 21st century
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.
NC appeals court deals another blow to Greg Lindberg’s crippled empire
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.
Planning for end-of-life expenses amid soaring costs
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.
