Corebridge Financial today announced enhancements to its Max Accumulator+ III index universal life insurance product, including new index strategies, as well as changes designed to improve cash value outcomes. Corebridge Financial research highlights the financial concerns many Americans report, including healthcare and long-term care costs as well…
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Estate planning 2.0: How ILITs can create liquidity
Irrevocable life insurance trusts provide liquidity when needed, and control over how wealth transfers stays intact.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Egypt National Scale Rating of aaa.EG of Misr Insurance Company. MIC is the largest non-life insurance subsidiary of Misr Insurance Holding Company. The company’ s capital requirements are driven mainly by asset risk, given its concentration of assets in…
State Farm’s agency overhaul: What distribution can learn
State Farm’s “Next Gen Good Neighbor” initiative delivers a message to life and annuity distribution leaders.
A Broward County husband and wife are accused of running a yearslong life insurance fraud scheme that investigators say used fake employment records, false policy paperwork, and people who had not agreed to be enrolled. Phillip Salvatore Nunzio Jr., 59, and Christine Ann Nunzio, 56, of Hollywood, were arrested Wednesday, according to Local 10 News.
What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…
How executive benefits impact an estate plan
Advisors increasingly deal with executive benefits when creating an estate plan for business executives.
What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…
AI-created images in insurance fraud and the impacts on clients, advisors
As AI use grows, insurance companies are increasingly questioning whether photos submitted during the claims process are real.
Jeffrey Sutton, a longtime Refinery Operator at Valero's Benicia refinery, has filed an ERISA lawsuit against Unum Life Insurance Company of America alleging that Unum miscalculated and underpaid his long-term disability benefits by roughly $3,467 per month by excluding years of mandatory, pre-scheduled overtime from his pre-disability earnings.
Avoid the ‘summertime slump:’ Strategies to remain productive
Two financial professionals shared some of the strategies that you can use to make sure that your summer months are productive as you try to move your practice to a higher level of success.
Globe Life Inc. (NYSE: GL) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.68% on the day to $174.94. Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United […]
Symetra Life Insurance Company today announced that its full suite of workforce benefits products— including group life and AD&D, group disability, and group supplemental health— is now integrated into PlanSource, a leading benefits administration technology and services company. “We’ve built a robust workforce benefits portfolio, and we want employers to…
Over the past two years, the organization increased annual premium by nearly 30% and expanded its membership to nearly 300,000.
Americans are growing more cautious about investing as concerns about a potential recession and ongoing market volatility rise, according to the Q2 2026 Quarterly Market Perceptions Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. About three in five worry that a major recession is right…
2026 JUN 22– By a News Reporter-Staff News Editor at Insurance Daily News– Data detailed on Insurance have been presented. The news correspondents obtained a quote from the research from the Georgia Institute of Technology,“ However, with the post-World War II economy on an upswing and growth-related inflation looking likely, the potential downsides of…
Finally, AARP says that the general "rule of thumb is that you’ ll need about 80% of your preretirement income to maintain your lifestyle," according to its website. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's…
Veteran strategic human resources leader Earl Dudley Jr. will become Chief Human Resources Officer at Mutual of Omaha effective July 13, according to Chairman and CEO James Blackledge. Our workforce is at the core of our mission of helping more people more completely meet their financial needs, and Earl will play a vital role as we position our workforce for the…
How accelerated underwriting is transforming life insurance
Accelerated underwriting isn’t only a convenience, but it is a capital-efficiency play.
The following information was released by the Tennessee Department of Commerce and Insurance:. NASHVILLE The Tennessee Department of Commerce and Insurance proudly announces that over $107 million in insurance policies and benefits was located in 2025 for Tennesseans through the Life Insurance Policy Locator Service. From Jan. 1, 2025, to Dec. 31, 2025, the…
