New York Life announced the launch of an indemnity benefit payment option for Asset Flex, its hybrid long-term care insurance solution combining long-term care and universal life insurance. “We know that 70% of Americans turning 65 will need some form of LTC 1, but LIMRA research finds only 3% over age 50 own any long-term care insurance 2,” said Ruby Grace Reyes,…
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AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of DB Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. While the acquisition of The Fortegra Group, Inc., completed in May 2026, could potentially weigh on risk-adjusted capitalisation, AM Best views DBI as having a sufficient capital buffer to…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of The People’ s Insurance Company of China, Limited. The ratings also reflect the strategic importance of the company to its parent, The People’ s Insurance Company of China Limited. In 2025, PICC HK ranked 8th amongst primary non-life insurers in Hong…
SWBC is proud to announce that Joan Cleveland, President and CEO of SWBC Life Insurance Company and Executive Vice President of SWBC Property and Casualty Insurance Company, has been reappointed to the Texas Association of Life& Health Insurers Board of Directors. TALHI represents life and health insurers across Texas and advocates for economic,…
“We are excited to expand the BCAR Model product line,” said Adriana Franco, vice president of product strategy at AM Best.“ This new subscription option helps customers assess risk-adjusted capitalization levels under changing conditions for life insurance companies. “Best’s Capital Adequacy Ratio Model– Life, US joins Best’s Capital Adequacy Ratio Model– P/C,…
Change the lens you use to evaluate premium-financed IUL
The right question, with the right context, changes everything.
AI’s dual reality: Efficiency for insurers, disruption for agents
Artificial intelligence is no longer a buzzword reserved for technology conferences and corporate strategy decks.
Insurance industry employment shows disturbing declines
The insurance industry lost 10,700 positions from April to May, according to the Bureau of Labor Statistics.
The following information was released by the National Association of Insurance and Financial Advisors:. By Ike Trotter on 7/ 10/ 26 1:00 PM. A particular company boldly advertises these transactions as "Sitting on a Gold Mine.
Could your practice benefit from an advisory board?
Advisory boards help your firm connect with other financial professionals, obtain client feedback and build your company brand.
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Farm Bureau Town and Country Insurance Company of Missouri and New Horizons Insurance Company of Missouri. These companies are collectively called Missouri Farm Bureau Group. The Credit Ratings of Missouri…
Globe Life Inc. (NYSE: GL) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.24% on the day to $179.27. Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United […]
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to China Ping An Insurance Company Limited. The ratings also reflect the support of its affiliated company, Ping An Property& Casualty Insurance Company of China, Ltd.. CPAHK acts as a vital link for Ping An P&C’ s GBA initiatives in Hong Kong/ mainland China cross-border…
Reliance Matrix announced today an enhancement to its Employee Navigator integration with the introduction of a new Evidence of Insurability API, designed to simplify benefits administration and create a more seamless enrollment experience for employers, brokers, and employees. The new capability allows employees to complete Evidence of Insurability…
In 2023, there were an estimated 6.1 million police-reported traffic crashes in the United States, resulting in more than 2.4 million people injured and 40,901 killed, according to the National Highway Traffic Safety Administration. To better understand how claims technology is changing the experience after a crash, Law Offices of Pius Joseph, a personal…
US property/casualty writers US life/health insurers US and Canada public insurers US holding companies. “New York Life Moves Ahead With Artificial Intelligence Integration” examines the company’ s AI goals, which aim to reimagine entire processes rather than focus on individual productivity.“ AM Best: P/C, Health Insurers Exceed Cost of Capital; Life…
Fortitude Re announced today the signing of a $3.8 billion reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. and Unum Life Insurance Company of America, a subsidiary of Unum Group. Upon receipt of regulatory approvals and subject to satisfaction or waiver of certain other customary closing conditions, Unum will…
Unum Group announced today that its Unum Life Insurance Company of America subsidiary has entered into an agreement to cede to Fortitude Reinsurance Company Ltd., on a coinsurance basis, certain individual long-term care insurance policies representing $3.8 billion of statutory reserves in Fairwind Insurance Company, a wholly owned subsidiary of Unum.
Before you debate premium financing, understand the bigger picture
The right strategy depends on context.
The bill would remove outdated regulatory barriers that prevent many registered financial advisors from receiving compensation through their own business entities.
