Aspida Financial Services, a life insurance and annuity group, will begin a phased expansion of their global headquarters, adding 1,000 new jobs in Durham County over the next several years. "Aspida's decision to scale its headquarters in Durham reflects the strength of our state's talent pipeline and the collaborative spirit of our economic development…
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AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the life/health subsidiaries of Delphi Financial Group, Inc.: Reliance Standard Life Insurance Company and First Reliance Standard Life Insurance Company. AM Best also has affirmed the FSR of A++ and the Long-Term ICRs of“ aa+” of DFG’ s property/casualty…
Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICR of“ a+” of Ameriprise Captive Insurance Company, a property/casualty subsidiary of Ameriprise. In addition, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Ameriprise. On an enterprise level, the L/H group has taken various steps to de-risk the…
NAIC task force recommends 10-year data history for index illustrations
A National Association of Insurance Commissioners task force agreed Thursday to recommend that 10 years of historical data be required to illustrate index components.
More than a dozen people filled the boardroom at Thursday night's Cobb Board of Education meeting, carrying signs calling for Vice Chair John Cristadoro to resign and for an audit of the district. Last month, Cristadoro settled a March 2024 lawsuit filed against him and his marketing and advertising company, Alliance Activation, agreeing to pay $225,000, plus…
AM Best has downgraded the Financial Strength Rating to A+ from A++ and the Long-Term Issuer Credit Ratings to“ aa” from“ aa+” of State Farm Mutual Automobile Insurance Company and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas, collectively referred to as State Farm Group. AM Best has also taken ratings…
MARIETTA— Cobb Board of Education Chair David Chastain announced Thursday the school board had "no authority" to take action against Vice Chair John Cristadoro, who recently settled a lawsuit accusing him of misappropriating business funds in 2023.. "This Board of Education does not exceed the authority we have been given by exploring the personal lives of our…
A study by the Society of Actuaries Research Institute found that fentanyl and synthetic opioids continue to be a leading cause of overdose deaths in the U.S., despite drug-related mortality decreasing in 2023 and provisional data suggesting a further decrease in 2024.
Underwriting and the rise of early adult-onset cancer
There has been a developing trend of cancers being diagnosed at earlier adult ages.
Life insurance new premium up 16% in the third quarter, LIMRA reports
Life insurance new annualized premium increased 16% year over year to $4.3 billion in the third quarter, according to LIMRA.
Penn Mutual, co-defendants: Funeral home owners got bad advice on IUL
Penn Mutual companies say Montana funeral directors who claim a premium financing “scheme” cost them millions were victims of bad advice.
Voice-enabled, AI quoting set to revolution internal desk productivity& agent based sales. SAN DIEGO, Nov. 11, 2025/ PRNewswire-PRWeb/– Ensightis proud to announce the launch of "ENSI", the life insurance sector's first AI-powered sales platform designed to transform the way life insurance carrier and distributor sales teams, agents and financial advisors…
Judge approves nearly $6M of fees and expenses in Greg Lindberg case
A North Carolina judge approved nearly $6 million worth of fees and expense reimbursements last week for lawyers working on the Greg Lindberg court cases.
Succession planning: Begin with the end in mind
Establishing a successful and seamless succession requires time and skills.
The following information was released by the National Association of Insurance and Financial Advisors:. Brian Steiner is the Executive Director of Life Happens, where he is responsible for fostering partner relations and engagement at NAIFA. Brian Steiner's dual leadership role at NAIFA and Life Happens.
2025 NOV 10– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ RELIANCE MATRIX” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company. This application was made available to the…
Kyle Busch Case: A day of reckoning for indexed universal life?
Will a recent lawsuit by NASCAR start Kyle Busch and his wife shine a bright light on potential problems with indexed universal life?
How life insurance can defy the 4% rule
Retirement spending strategies are rarely one-size-fits-all.
AM Best is maintaining its stable outlook on the New Zealand life insurance segment, based in part on improving economic conditions, ongoing regulatory refinements that support market discipline, digitalisation efforts and robust capital adequacy levels among its insurers. The Financial Markets Amendment Act 2022, which took effect on 31 March 2025,…
Legal Advertisement MDK# 25-023745 STATE OF INDIANA IN THE BARTHOLOMEW SUPERIOR COURT #1 SS: COUNTY OF BARTHOLOMEW CAUSE NO. 03 D01-2510-MF-005670 Brighthouse Life Insurance Company Plaintiff, vs. NOTICE OF SUIT SUMMONS BY PUBLICATION TO: Patricia L. McClendon: BE IT KNOWN, that Brighthouse Life Insurance Company, the above-named Plaintiff, by its attorney,…
