Although greenfield is smaller in scope than a traditional PAS modernization project and enables life insurance companies to start processing new business quickly, it’s not the solution to all your digital transformation roadblocks.
The agenda featured discussions on topics such as: the continued growth and prevalence of artificial intelligence; the return of the U.S. Department of Labor’s Fiduciary Rule; insurance issues related to catalytic converter theft; medical loss ratios for dental health care services plans; public adjuster professional standards reform; and more.
With a majority of carriers reporting higher results in the third quarter, total individual life insurance new annualized premium increased 5% to $3.7 billion year-over-year, according to the preliminary results from LIMRA’s U.S. Retail Individual Life Insurance Sales surveys and estimates.
The plaintiffs sued Pacific West Capital Group, Inc. and the company’s sole owner Andrew B. Calhoun IV, accusing them of marketing the sale of fractional interests in universal life insurance policies to investors using misleading and incomplete information.
Life insurance is a valuable tool to protect your family, and potentially your business interests after your death. Your estate plan is the collection of legal documents that include directions about what should happen to your assets upon your death. Your estate plan could include either a Last Will and Testament or a maybe a Living Trust.