ST. LOUIS- A federal judge has sentenced Travell Hill, the convicted trigger man in a murder-for-hire plot involving the nephew of a Sweetie Pie's reality TV star in 2016.. Hill, 31, was sentenced Thursday to 32 years in federal prison for charges tied to the death of Andre Montgomery Jr. In court Thursday, Hill admitted to meeting with Montgomery's uncle, James…
Life Insurance News
Life insurance lags behind other sectors in adopting behavioral benefits
Behavioral insurance has found a place in health, auto, and home coverage, but U.S. companies have been relatively slow to apply the dynamics to life insurance.
NEW YORK–(BUSINESS WIRE)–Equitable President Nick Lane will be honored with the 2022 Marine Corps University Foundation (MCU Foundation) and Alumni…
Transamerica announced the availability of a new universal life insurance policy designed specifically to be a voluntary workplace benefit, and a combination of available riders that, for a fee, could potentially pay up to three times the value of the policy’s death benefit.
A federal judge approved a $25 million settlement between Genworth and a class of more than 13,400 plaintiffs alleging that policyholders of the company’s Gold and Gold II universal life insurance policies were subject to unlawful cost of insurance (COI) increases.
New data from MIB Group reveals good news and bad news regarding life insurance activity. Life insurance applications finished the…
The award recognizes a lifetime of professional excellence, service to the industry and a commitment to ethical conduct.
MassMutual announced that it will dedicate an additional $100 million to continue investing in diverse, first-time fund managers through its First Fund Initiative, building on the $50 million the company previously invested through this impact investing initiative.
WASHINGTON, Sept. 30– The American Council of Life Insurers issued the following news release on Sept. 29, 2022:. The American Council of Life Insurers today elected its new Chair, officers and Board of Directors at the 2022 ACLI Annual Conference. Andy Sullivan, Executive Vice President, Head of U.S. Businesses for Prudential Financial, Inc., was named ACLI Chair for…
ACLI conference wraps up with a look at 2023’s regulatory landscape
A panel of experts from the American Council of Life Insurers will provide a review of the most pressing legislative…
Insurers must reimagine work, ACLI speaker says
Technologies such as artificial intelligence, automation and data insights can help insurers address continued disruption. However, for these technologies to…
Clients often come to us with a particular goal or concern — they don’t always know if they need life insurance to address that need.
Former House Speaker Paul Ryan headlines ACLI 2022 conference
Leaders from America’s life insurance companies are in Washington for the American Council of Life Insurers’ 2022 annual conference.
5 steps to increase diversity, inclusion in the financial services industry
A recent study, The Journey of African American Insurance Professionals, offers some practical suggestions for recruiting and retaining African Americans, a group that is underrepresented in the industry.
A recession will have a disproportionately negative impact on seniors, according to executives at PolicyAppraisal.com, a consulting firm that appraises life insurance policies for the financial advisors of senior clients who are considering sale into the secondary market.
Groups press states to reduce barriers to insurance agent licensing
In a move to boost the number of insurance agents and make licensing exams easier to pass, life and annuity industry groups are asking states to update licensing rules and remove unnecessary barriers.
Senate scrutinizes ultrawealthy life insurance strategy
Senate Finance Committee Chairman Ron Wyden, D-Ore., demands answers from three insurance companies and an association on private placement life insurance.
The partnership will enable Lincoln’s life insurance product portfolio to be delivered on Modern Life’s digital platform.
The five startups are the latest to join the accelerator program, which now boasts a stable of 20 high-potential businesses nationwide that deliver a range of services and solutions across a variety of industries.
