Allianz Life Insurance Company of North America announced today that it is launching enhanced versions of two of its top-selling 1 fixed index annuities in response to consumer demand and to further help protect Americans from ongoing market volatility. Allianz Benefit Control+ TM Annuity and Allianz 222+ TM Annuity have more options for diversification…
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OF THE CONDITION AND AFFAIRS OF THE. RiverSource Life Insurance Co. of New York. New York, State of Domicile or Port of Entry.
OF THE CONDITION AND AFFAIRS OF THE. Minnesota, State of Domicile or Port of Entry. Incorporated/Organized 08/07/1957 Commenced Business 10/31/1957.
New York Life Investments is announcing today the launch of its newest ETF, the NYLI MacKay Muni Short Duration ETF, an actively managed municipal bond ETF designed to provide attractive, tax-exempt income through a flexible short-duration strategy. The Fund is managed by the MacKay Municipal Managers team, led by Scott Sprauer, John Lawlor, Sanjit Gill and…
HUNTINGTON— An insurance corporation with a name similar to the local institute formerly known as Huntington Junior College has filed a complaint in the U.S. District Court for the Southern District of West Virginia. According to the complaint filed Friday, Ameritas Life Insurance Corp. is arguing Ameritas College Inc., has infringed on the corporation's…
Resolution Life, Gen Re and another leading insurer in the U.S. shared their experiences of partnering with OutSystems to execute successful digital transformation initiatives at key industry conferences, including InsurTech NY and IDC Digital Experience Summit. At these leading industry events, Resolution Life and Gen Re discussed how OutSystems…
Partnership formed to confront rise in illness, premature death in young Americans
GoMo Health and ICSL join forces to help insurers better support policyholders before they become critically ill.
Insurance outlook stable despite pessimistic economic prediction
S&P Global Ratings’ outlook for the life and property/casualty industry is stable, despite a predicted slowdown in the overall U.S. economy.
IXP advisor recruitment: Reimagining the cycle
What is the reason an inexperienced person should become an advisor with you?
Products serve range of customer needs with $9.3 billion of premiums and deposits 1; well-positioned across market conditions. New RILA gaining traction with expanded distribution footprint and launch in Group Retirement; California went live in April. $2.4 billion of holding company cash with additional $3.0 billion of revolving credit facilities.
Corebridge Financial, Inc. today reported financial results for the first quarter ended March 31, 2025. We also returned $454 million of capital to shareholders, increasing 18% year over year and equating to a 70% payout ratio. Net loss was $664 million compared to a gain of $878 million in the prior year quarter.
Judge allows Ameritas to deposit death benefit while heirs keep fighting
A New Jersey judge will allow Ameritas to deposit a $1 million death benefit in a court account while three men continue litigation over the funds.
PAWLET— The insurance company that had provided coverage for a Pawlet man killed as part of a triple homicide at his home last fall is asking the federal court in Vermont to intercede on how to handle the money earmarked for the accused killer. The son might normally be entitled to about $258,000 in life insurance proceeds from a routine death of his father, but…
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of BF&M Life Insurance Company Limited, BF&M General Insurance Company Limited and Island Heritage Insurance Company, Ltd.. Additionally, AM Best has removed from under review with positive…
U.S., Japan, Mexico, Chile, Korea. $6.7 billion Latin America 13%. $4.7 2024 Adjusted Earnings 5,6.
IUL comparison: Mastering the basics
For insurance agents and agency owners, comparing IUL products isn’t always straightforward.
Recent release “Live Rich, Die Rich: How to Use High Cash Value Life Insurance and the Infinite Banking Concept as a Tax-Free Strategy to Supercharge Your Wealth” from Page Publishing author Barry Brooksby demystifies powerful financial tools used by banks and corporations for decades, making them accessible to individuals at any stage of their financial journey.
TULSA, Okla.& CHARLOTTE, N.C.—- Truss Peak Holdings LLC, through its subsidiary, TPH Insurance Hold Co LP, today announced it has closed its acquisition of Leaders Life Insurance Company, a Tulsa- based provider of life and health insurance products. Michigan Farm Bureau Financial Corporation previously owned Leaders Life Insurance Company. Additionally, I’ d like to…
The packed agenda featured topics such as: prior authorization reform efforts; the use of genetic testing in life insurance underwriting; insurers’ use of artificial intelligence; prescription drug affordability boards; state resiliency initiatives; and more.
John Carroll Interview, Part I: Products have changed a lot in 40 years
John Carroll, senior vice president and head of insurance and annuities for LIMRA, discusses his career and the industry changes he’s witnessed, with InsuranceNewsNet Senior Editor John Hilton.