Life insurance application activity grew 9.5% in January, the highest year-over-year growth rate for any January on record, according to the MIB Life Index.
“Despite economic uncertainties, including the pace and magnitude of further benchmark rate hikes and persisting depreciation pressure on the Japanese yen, the fundamentals of Japan’ s life insurance segment remain sound, supported by steady premium growth and an improving investment environment with higher domestic interest rates,” said Charles Chiang,…
Eazewell, the AI platform that manages digital identity and administrative work across major life events, today launched Eazewell Advance, an enterprise platform that serves as an AI custodian for a user’ s full digital footprint. The platform tracks, manages, and executes actions across subscriptions, financial accounts, and online services throughout a…
The Connecticut insurance commissioner is opposed to allowing large policyholders to intervene in the PHL Variable liquidation proceedings.
There is “no basis” for large policyholders to intervene in the PHL liquidation process, and Judge Daniel J. Klau should deny such requests, Connecticut regulators say.
New York Life today announced the launch of New York Life Investment Management as the unified global brand that brings together the full strength of its asset management businesses across public and private markets. “By unifying our asset management businesses under one global brand, we are strengthening our ability to deliver expanded solutions across…
First Federal Bank was recognized by USA Today in America’ s Best Customer Service 2026 and America’ s Best Customer Service Financial Services 2026.. The distinction of America’ s Best Customer Service and America’ s Best Customer Service Financial Services are the result of USA Today partnering with research firm Plant-A Insights. “Being recognized by USA…
Legal Advertisement TO THE OWNERS OF THE WITHIN DESCRIBED REAL ESTATE AND ALL INTERESTED PARTIES NOTICE OF SHERIFF'S SALE By virtue of a certified copy of a decree to me, directed from the Clerk of the Superior Court of Bartholomew County, Indiana, in Cause No. 03 D01-2510-MF-005670wherein Brighthouse Life Insurance Company was Plaintiff, and Patricia L….
New York Life today announced the appointment of Braden Draggoo as the company’ s 2025 Council President, a once-in-a-career honor afforded to the top-ranking individual among the company’ s more than 12,000 advisors and agents. “We are proud to recognize Braden as Council President and celebrate his remarkable success,” said Sonali Virendra, senior vice…
U.S. insurers remain optimistic about investment conditions for 2026, even as they anticipate a more challenging macroeconomic environment marked by higher inflation, liquidity risk and lower Fed interest rates, according to the new annual Conning Insurance Investment Risk survey.
Symetra Life Insurance Company announced several new enhancements to its suite of fixed indexed annuities, including new crediting strategies, improved certainty and flexibility, and the addition of the Franklin Large Cap Value 15% ER Index. Symetra Edge Elite, Symetra Edge Frontier and Symetra Edge Revolution are single-premium fixed indexed annuities…
Pacific Life agreed to a large settlement with plaintiffs over its indexed universal life product.
Anyone who purchased a Pacific Discovery Xelerator indexed universal life insurance policy in California between 2016 and 2019 could be eligible for a piece of a $58 million settlement.
AM Best is revising its outlook for Germany’ s non-life insurance segment to stable from negative. In addition, AM Best notes that Germany’s property insurance market remains subject to volatility in results due to its exposure to losses from extreme weather events. Headquartered in the United States, the company does business in over 100 countries with…
Brighthouse Financial, Inc. announced today its financial results for the fourth quarter and full year ended December 31, 2025. The company reported net income available to shareholders of $112 million in the fourth quarter of 2025, or $1.93 per diluted share, compared with net income available to shareholders of $646 million in the fourth quarter of 2024,…
Genworth Financial, Inc. today reported results for the quarter ended December 31, 2025. The prior quarter and prior year included pre-tax reserve releases of $45 million and $56 million, respectively Pre-tax net investment income of $69 million was up from $62 million in the prior year from higher yields and higher invested assets Primary insurance…
Mike Thompson is a homegrown politician seeking his 15th consecutive term in the U.S. House of Representatives, following eight years in the California Legislature. His most formidable Democratic primary challenger for California’ s 4th Congressional District, Eric Jones, is a political neophyte and recent Napa transplant trying to build name recognition.
PacLide is facing another lawsuit over an IUL sale in South Carolina.
A new lawsuit in South Carolina alleges that Pacific Life accepted more than $1 million in premium payments tied to an IUL policy after firing the agent.
National Life Group announced that Business Entrepreneurship Teacher, Jenora Haynes, was chosen by an independent panel of educators as the 2025-2026 National Life Group LifeChanger of the Year grand prize winner. Grand Prize Winner Jenora Haynes. Haynes teaches at Westbury High School, a Title 1 school, in Houston, Texas, where she introduced a DECA chapter to…
HARTFORD– An international life insurance company with offices in Bermuda, The Cayman Islands, New York and Connecticut is laying off 100 employees at its Hartford office. Talcott Resolution Life Inc. sent a notice to the Connecticut Department of Labor and Hartford Mayor Arunan Arulampalam Tuesday announcing that due to "a closing of certain functions in…
HARTFORD— An international life insurance company with offices in Bermuda, The Cayman Islands, New York and Connecticut is laying off 100 employees at its Hartford office. Talcott Resolution Life Inc. sent a notice to the Connecticut Department of Labor and Hartford Mayor Arunan Arulampalam Tuesday announcing that due to“ a closing of certain functions in…