WALTERBORO, S.C.— As prosecutors and defense lawyers prepare to choose a jury for South Carolina attorney Alex Murdaugh's murder trial, a judge decided to wait until the issues come up at trial to decide whether jurors hear evidence about blood spatter or other crimes Murdaugh is charged with. Prosecutors want to present voluminous evidence of Murdaugh's bad…
Life Insurance News
Lincoln Financial Group continues to advance the life insurance business model while improving the customer experience with the introduction of Lincoln WealthAccelerate SM, an indexed universal life product offering a fully digital and automated experience to consumers. “Today’ s life insurance customer is changing– they’ re digitally savvy, expect…
U.S. insurers are expected to increase their risk tolerance and grow portfolio allocations to private assets amid their concerns about higher market volatility and inflation, according to a new survey of U.S. life and property & casualty (P&C) insurers, sponsored by leading global insurance asset management firm Conning.
—South Carolina's Lowcountry, known for its coastal waterways and salt marshes, and part of the Deep South a century ago, is now a bustling spot for tourists attracted to the historic cities of Charleston and Savannah. It's a small community, where everyone knows everyone— which means everyone knows Alex Murdaugh. Jury selection begins as Alex Murdaugh stands…
Producers stew as insurers slow to process life and annuity applications
Frustration is mounting among producers who say insurers are slow to process their life insurance and annuity applications.
As his life unraveled over the past two years, disgraced South Carolina attorney Alex Murdaugh didn't fight giving up his law license and said he made plenty of mistakes tied to missing client money and a financial mess that led to 100 criminal charges. Here's an overview of the trial and the scene surrounding it as hundreds of lawyers and their support staff,…
For the next few weeks, journalists, crime experts, witnesses and legions of the simply curious will pour into the usually unhurried town of Walterboro in South Carolina's Lowcountry to cover what's been called the "trial of the century:" The double murder trial of disgraced lawyer Alex Murdaugh. More than 100 journalists alone and their support staffs,…
The National African American Insurance Association launched the second installment to its research on Blacks/African Americans in the insurance industry: “The Next Steps on the Journey: Has Anything Changed?”
Fitch sees life and P/C sectors as neutral for 2023
Recession, interest rates and rising costs are among the factors influencing the markets in 2023.
Study: 4 in 10 consumers shop for life insurance online or using app
More than four in 10 consumers go online or use an app when shopping for life insurance, according to a new report, a significant shift as most people still buy life insurance policies through an agent.
More than four in 10 consumers go online or use an app when shopping for life insurance, according to a new TransUnion report.
LUTCF program returning to NAIFA in 2023
Nearly 40 years after developing the Life Underwriter Training Council Fellow designation, the National Association of Insurance and Financial Advisors will launch a new LUTCF program by mid-year.
The American Armed Forces Mutual Aid Association announced the addition of two new life insurance products, BeyondBasic and Simple Term.
Following record breaking growth in 2020 and 2021, U.S. life insurance application activity finished 2022 with year-to-date activity down -5.5%, according to the MIB Life Index.
While Americans worry about the rising cost of living, not saving enough, and taxes, those in the “middle market” who own cash value life insurance are less likely to be worried about these financial concerns, according to the latest study from Allianz Life.
After record year, indexed universal life likely to stumble in 2023
Indexed universal life is expected to have had a record year in 2022 when the fourth quarter is tallied. But new regulatory guidance this year might disrupt the streak.
Transamerica announces the availability of the Transamerica Financial Choice IUL, a new index universal life insurance policy to protect beneficiaries while providing flexibility and opportunity for tax-advantaged supplemental income.
DURHAM, NORTH CAROLINA, UNITED STATES, December 23, 2022/ EINPresswire.com/– Greg Lindberg responded today to false allegations about him that were included in the Justice Department’ s criminal filing against Christopher Herwig“ I invested over $500 million in my insurance companies. I was not one of those individuals,” said Lindberg.“ The government is claiming…
Top life insurance stories of 2022 focused on COVD-19, business case for buying life insurance
The most popular life insurance stories in 2022 ranged from record-setting indexed life sales to re-thinking the “buy term and invest the difference” strategy. Here’s a look at the most-read life insurance articles in InsuranceNewsNet in 2022.