One of the biggest mistakes people make is naming minor children as beneficiaries on accounts and policies. The thought is "I'll avoid probate court because I have beneficiaries named and they'll get the money directly." This is only partly true.

The post Matters of Life and Death appeared first on Insurance News | InsuranceNewsNet.

Seritage Growth Properties, a national owner and developer of retail, residential and mixed-use properties, announced that today the Company has made a voluntary prepayment of $130.0 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska. With the prepayment, the Company has now repaid a total...

The post Seritage Growth Properties Makes $130 Million Loan Prepayment appeared first on Insurance News | InsuranceNewsNet.

ST. LOUIS— BJC Health and health insurer Aetna have yet to reach coverage agreements for the upcoming year, leaving St. Louis- area patients in limbo. Without a new agreement, BJC Health will be out of Aetna' s coverage network employer-sponsored commercial plans, starting Jan. 1. BJC Health didn't respond to requests for comment this week but has said in the past that...

The post St. Louis patients in limbo as BJC, Aetna remain at odds in coverage talks appeared first on Insurance News | InsuranceNewsNet.

A recap of the the National Council of Insurance Legislators annual meeting.

The post NCOIL discusses prior authorization reform at annual meeting appeared first on Insurance News | InsuranceNewsNet.

Georgia drivers saw rising auto insurance bills in recent years, yet the industry was not seeing gains, an advocate told state lawmakers. Companies offering commercial, health and life insurance were posting ever higher pre-tax operating gains, but not those in the auto and home insurance segments, said Robert Passmore of the American Property Casualty...

The post Rising cost of auto insurance a tough problem to solve appeared first on Insurance News | InsuranceNewsNet.

Although the lifetime exemption under the One Big Beautiful Bill Act is described as “permanent,” in Washington that means until the next presidential election cycle!

The post Adaptable estate planning in our one big beautiful world appeared first on Insurance News | InsuranceNewsNet.

HARTFORD-- Insurance Commissioner Andrew N. Mais will be retiring Nov. 28 after nearly seven years as the state's top insurance regulator, the governor's office announced Friday. Ned Lamont is nominating Josh Hershman, CEO of the Immigrant Life Insurance Company of America, a Connecticut- domiciled and wholly owned subsidiary of IDT Corp., to replace Mais, the...

The post Insurance regulator to retire appeared first on Insurance News | InsuranceNewsNet.

HARTFORD-- Insurance Commissioner Andrew N. Mais will be retiring Nov. 28 after nearly seven years as the state's top insurance regulator, the governor's office announced Friday. Ned Lamont is nominating Josh Hershman, CEO of the Immigrant Life Insurance Company of America, a Connecticut- domiciled and wholly owned subsidiary of IDT Corp., to replace Mais, the...

The post State insurance commissioner to retire appeared first on Insurance News | InsuranceNewsNet.

During summer months, They made their first home at Hughes Springs where both their children were born: Byron Hefner, born February 21, 1905 and Johnnie Marie, born April 6, 1909. In 1917 they moved to Atlanta, Texas where he became an insurance broker for Southwestern Life Insurance Co. He was successful in the business and in the mid 1920’ s made the $100,000 Club...

The post Charles Henry and Annie Lillian ‘Daisy’ Hefner appeared first on Insurance News | InsuranceNewsNet.

One of the biggest mistakes people make is naming minor children as beneficiaries on accounts and policies. The thought is "I'll avoid probate court because I have beneficiaries named and they'll get the money directly." This is only partly true.

The post Matters of Life and Death appeared first on Insurance News | InsuranceNewsNet.

Companies offering commercial, health and life insurance were posting ever higher pre-tax operating gains, but not those in the auto and home insurance segments, said Robert Passmore of the American Property Casualty Insurance Association. Data he presented to a special committee of the House of Representatives showed industry gains in that "personal"...

The post Rising cost of auto insurance a tough problem to solve appeared first on Insurance News | InsuranceNewsNet.

The following information was released by the office of the Governor of Connecticut:. Connecticut has one of the largest insurance industries of any state in the nation, and Commissioner Mais has actively worked to achieve the crucial balance necessary to ensure that consumers are protected and have access to affordable and reliable insurance coverage,...

The post GOVERNOR LAMONT ANNOUNCES INSURANCE COMMISSIONER ANDREW MAIS RETIRING FROM STATE SERVICE, JOSH HERSHMAN NOMINATED AS SUCCESSOR appeared first on Insurance News | InsuranceNewsNet.

Nov. 21— HARTFORD— Insurance Commissioner Andrew N. Mais will be retiring Nov. 28 after nearly seven years as the state's top insurance regulator, the governor's office announced Friday. Ned Lamont is nominating Josh Hershman, CEO of the Immigrant Life Insurance Company of America, a Connecticut- domiciled and wholly owned subsidiary of IDT Corp., to replace Mais,...

The post CT Insurance Commissioner Andrew Mais to retire after nearly seven years in the post appeared first on Insurance News | InsuranceNewsNet.

A lawsuit by NASCAR star Kyle Busch against Pacific Life and an advisor over a poorly performing indexed universal life insurance policy moved to federal court Thursday.

The post Kyle Busch IUL lawsuit moved to federal court at PacLife’s request appeared first on Insurance News | InsuranceNewsNet.

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of NongHyup Property and Casualty Insurance Company Limited. The ratings also reflect the implicit and explicit support the company receives from its ultimate parent, National Agricultural Cooperative Federation. Particularly, the company’ s financial...

The post AM Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited appeared first on Insurance News | InsuranceNewsNet.

Colombia, which stands out as one of the more developed insurance markets in Latin America, has seen insurance market growth driven predominantly by the life segment, suggested a shift in dynamics, according to a new AM Best report. The non-life insurance segment represents a larger share of market participants in Colombia and has benefited in recent years...

The post Best’s Market Segment Report: Colombia’s Life Insurance Segment Leads Market’s Growth; Non-Life Insurers Face Rising Leverage Risks appeared first on Insurance News | InsuranceNewsNet.

The following information was released by the Federal Reserve Board:. Financial stability is a focal point of my attention at the Board of Governors, since I serve as chair of the Board's Committee on Financial Stability. My remarks will center on three areas of vulnerabilities: asset valuations; the structural shift in lending to private companies, away from...

The post NOVEMBER 20, 2025 A POLICYMAKER'S VIEW OF FINANCIAL STABILITY appeared first on Insurance News | InsuranceNewsNet.

The solution the industry needs now doesn’t require eliminating IUL. It requires fixing IUL.

The post Why the Kyle Busch IUL lawsuit signals the industry’s moment of reckoning appeared first on Insurance News | InsuranceNewsNet.

A new Securian Financial study reveals that Gen Z and younger millennials recognize the importance of life and supplemental health insurance but still harbor key misconceptions that prevent many of them from purchasing it. “Life insurance and supplemental health insurance provide the foundation for long-term financial confidence,” said Matt Bauler,...

The post Securian Financial Study Reveals How Gen Z and Younger Millennials View Life and Supplemental Health Insurance appeared first on Insurance News | InsuranceNewsNet.

New York Life, the nation’ s largest 1 mutual life insurer, today announced that the company will pay an estimated $2.78 billion in dividends to eligible participating policy owners in 2026— the largest dividend payout in New York Life’ s 180- year history and its 172nd consecutive annual dividend. “Dividends are a tangible expression of our mutuality,” said Craig...

The post New York Life Announces Record $2.78 Billion Dividend for 2026 appeared first on Insurance News | InsuranceNewsNet.

The ratings also reflect the parental support CTBC Insurance receives from its intermediate parent, Taiwan Life Insurance Company Limited, as well as its ultimate parent, CTBC Financial Holding Co., Ltd, in terms of capital, business development and risk management. The outlook revision to positive from stable reflects AM Best’ s expectation that CTBC...

The post AM Best Revises Outlooks to Positive for CTBC Insurance Company Ltd appeared first on Insurance News | InsuranceNewsNet.

Aspida Financial Services, a life insurance and annuity group, will begin a phased expansion of their global headquarters, adding 1,000 new jobs in Durham County over the next several years. "Aspida's decision to scale its headquarters in Durham reflects the strength of our state's talent pipeline and the collaborative spirit of our economic development...

The post FINANCIAL SERVICES COMPANY TO EXPAND DURHAM HEADQUARTERS WITH 1,000 NEW JOBS appeared first on Insurance News | InsuranceNewsNet.

AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of the life/health subsidiaries of Delphi Financial Group, Inc.: Reliance Standard Life Insurance Company and First Reliance Standard Life Insurance Company. AM Best also has affirmed the FSR of A++ and the Long-Term ICRs of“ aa+” of DFG’ s property/casualty...

The post AM Best Affirms Credit Ratings of Delphi Financial Group, Inc. and Its Subsidiaries; Revises Issuer Credit Rating Outlook to Positive for Standard Security Life Insurance Company of New York appeared first on Insurance News | InsuranceNewsNet.

Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICR of“ a+” of Ameriprise Captive Insurance Company, a property/casualty subsidiary of Ameriprise. In addition, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Ameriprise. On an enterprise level, the L/H group has taken various steps to de-risk the...

The post AM Best Affirms Credit Ratings of Ameriprise Financial, Inc. and Its Subsidiaries appeared first on Insurance News | InsuranceNewsNet.

A National Association of Insurance Commissioners task force agreed Thursday to recommend that 10 years of historical data be required to illustrate index components.

The post NAIC task force recommends 10-year data history for index illustrations appeared first on Insurance News | InsuranceNewsNet.

More than a dozen people filled the boardroom at Thursday night's Cobb Board of Education meeting, carrying signs calling for Vice Chair John Cristadoro to resign and for an audit of the district. Last month, Cristadoro settled a March 2024 lawsuit filed against him and his marketing and advertising company, Alliance Activation, agreeing to pay $225,000, plus...

The post AROUND TOWN: Cristadoro fallout, Sam Foster's watching, Dooley's argument appeared first on Insurance News | InsuranceNewsNet.

AM Best has downgraded the Financial Strength Rating to A+ from A++ and the Long-Term Issuer Credit Ratings to“ aa” from“ aa+” of State Farm Mutual Automobile Insurance Company and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas, collectively referred to as State Farm Group. AM Best has also taken ratings...

The post AM Best Downgrades Credit Ratings of State Farm Mutual Automobile Insurance Company and Affiliates, Takes Various Credit Rating Actions on Subsidiaries appeared first on Insurance News | InsuranceNewsNet.

MARIETTA— Cobb Board of Education Chair David Chastain announced Thursday the school board had "no authority" to take action against Vice Chair John Cristadoro, who recently settled a lawsuit accusing him of misappropriating business funds in 2023.. "This Board of Education does not exceed the authority we have been given by exploring the personal lives of our...

The post Cobb school board chair declines to act on vice chair’s misuse of funds settlement appeared first on Insurance News | InsuranceNewsNet.

A study by the Society of Actuaries  Research Institute found that fentanyl and synthetic opioids continue to be a leading cause of overdose deaths in the U.S., despite drug-related mortality decreasing in 2023 and provisional data suggesting a further decrease in 2024.

The post Actuaries examine drivers of substance-related mortality appeared first on Insurance News | InsuranceNewsNet.

There has been a developing trend of cancers being diagnosed at earlier adult ages.

The post Underwriting and the rise of early adult-onset cancer appeared first on Insurance News | InsuranceNewsNet.

Life insurance new annualized premium increased 16% year over year to $4.3 billion in the third quarter, according to LIMRA.

The post Life insurance new premium up 16% in the third quarter, LIMRA reports appeared first on Insurance News | InsuranceNewsNet.

Penn Mutual companies say Montana funeral directors who claim a premium financing “scheme” cost them millions were victims of bad advice.

The post Penn Mutual, co-defendants: Funeral home owners got bad advice on IUL appeared first on Insurance News | InsuranceNewsNet.

Voice-enabled, AI quoting set to revolution internal desk productivity& agent based sales. SAN DIEGO, Nov. 11, 2025/ PRNewswire-PRWeb/-- Ensightis proud to announce the launch of "ENSI", the life insurance sector's first AI-powered sales platform designed to transform the way life insurance carrier and distributor sales teams, agents and financial advisors...

The post Ensight Launches ENSI: AI-Powered Sales Assistant for Life Insurance appeared first on Insurance News | InsuranceNewsNet.

A North Carolina judge approved nearly $6 million worth of fees and expense reimbursements last week for lawyers working on the Greg Lindberg court cases.

The post Judge approves nearly $6M of fees and expenses in Greg Lindberg case appeared first on Insurance News | InsuranceNewsNet.

Establishing a successful and seamless succession requires time and skills.

The post Succession planning: Begin with the end in mind appeared first on Insurance News | InsuranceNewsNet.

The following information was released by the National Association of Insurance and Financial Advisors:. Brian Steiner is the Executive Director of Life Happens, where he is responsible for fostering partner relations and engagement at NAIFA. Brian Steiner's dual leadership role at NAIFA and Life Happens.

The post BUILDING INDUSTRY RELATIONSHIPS AND ELEVATING ADVOCACY IN FINANCIAL SERVICES WITH BRIAN STEINER appeared first on Insurance News | InsuranceNewsNet.

2025 NOV 10-- By a News Reporter-Staff News Editor at Insurance Daily News-- According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ RELIANCE MATRIX” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company. This application was made available to the...

The post Trademark Application for “RELIANCE MATRIX” Filed by Reliance Standard Life Insurance Company: Reliance Standard Life Insurance Company appeared first on Insurance News | InsuranceNewsNet.

Will a recent lawsuit by NASCAR start Kyle Busch and his wife shine a bright light on potential problems with indexed universal life?

The post Kyle Busch Case: A day of reckoning for indexed universal life? appeared first on Insurance News | InsuranceNewsNet.

Retirement spending strategies are rarely one-size-fits-all.

The post How life insurance can defy the 4% rule appeared first on Insurance News | InsuranceNewsNet.

AM Best is maintaining its stable outlook on the New Zealand life insurance segment, based in part on improving economic conditions, ongoing regulatory refinements that support market discipline, digitalisation efforts and robust capital adequacy levels among its insurers. The Financial Markets Amendment Act 2022, which took effect on 31 March 2025,...

The post Best’s Market Segment Report: AM Best Maintains Stable Outlook on New Zealand’s Life Insurance Segment appeared first on Insurance News | InsuranceNewsNet.

Legal Advertisement MDK# 25-023745 STATE OF INDIANA IN THE BARTHOLOMEW SUPERIOR COURT #1 SS: COUNTY OF BARTHOLOMEW CAUSE NO. 03 D01-2510-MF-005670 Brighthouse Life Insurance Company Plaintiff, vs. NOTICE OF SUIT SUMMONS BY PUBLICATION TO: Patricia L. McClendon: BE IT KNOWN, that Brighthouse Life Insurance Company, the above-named Plaintiff, by its attorney,...

The post 2025-11-05 The Republic 60154648 appeared first on Insurance News | InsuranceNewsNet.

2025 NOV 07-- By a News Reporter-Staff News Editor at Education Daily Report-- According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ PEOPLE DRIVEN. OUTCOME FOCUSED.” by Christopher J. Hussin BOARDMAN& CLARK LLP, representing CMFG Life Insurance Company. The registrar information for this...

The post An Application for the Trademark “PEOPLE DRIVEN. OUTCOME FOCUSED.” Has Been Filed by CMFG Life Insurance Company: CMFG Life Insurance Company appeared first on Insurance News | InsuranceNewsNet.

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the key life/health insurance and annuity operating subsidiaries of Wilton Re Ltd., collectively referred to as Wilton Re. The rating affirmations reflect a continuation of Wilton Re’ s very strong level of risk-adjusted capitalization on a consolidated...

The post AM Best Affirms Credit Ratings of Wilton Re Ltd. and Its Subsidiaries appeared first on Insurance News | InsuranceNewsNet.

Brighthouse Financial, Inc. announced today its financial results for the third quarter ended September 30, 2025. The company reported net income available to shareholders of $453 million in the third quarter of 2025, or $7.89 per diluted share, compared with net income available to shareholders of $150 million in the third quarter of 2024, or $2.47 per...

The post Brighthouse Financial Announces Third Quarter 2025 Results appeared first on Insurance News | InsuranceNewsNet.

KBRA removed from Watch Developing and affirmed the A- insurance financial strength ratings of S.USA Life Insurance Company, Inc., National Western Life Insurance Company, SBLI USA Life Insurance Company, Shenandoah Life Insurance Company, and Prosperity Life Assurance Limited with Stable Outlooks. Due to the inter-generational structure of JAB Holding...

The post KBRA Assigns Rating to JAB Holdings UK Ltd. and Affirms Ratings for Prosperity Subsidiaries Following Acquisition by JAB Holding Company appeared first on Insurance News | InsuranceNewsNet.

MONTPELIER, Vt.& ADDISON, Texas---- National Life Group has announced a strategic partnership with Homethrive, a leading caregiving support solution. “Millions of Americans are quietly balancing work, family, and caregiving responsibilities, often with little guidance or support,” National Life Group Vice President of Marketing Linda Goldstein said.“ By...

The post November is National Family Caregivers Month: National Life Group Partners With Homethrive to Add Free Caregiver Support appeared first on Insurance News | InsuranceNewsNet.

In the next decade, an advisor shortage is coming that insurance carriers cannot ignore.

The post 3 ways to head off the distribution sales cliff appeared first on Insurance News | InsuranceNewsNet.

U-Haul Holding Company, parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its second quarter ended September 30, 2025, of $105.6 million, compared with net earnings of $186.8 million for the same period last year.

The post U-Haul Holding Company Reports Second Quarter Fiscal 2026 Financial Results appeared first on Insurance News | InsuranceNewsNet.

MetLife, Inc. today announced its third quarter 2025 results. MetLife reported third quarter 2025 premiums, fees and other revenues of $12.5 billion, flat compared with the prior year quarter. Adjusted premiums, fees and other revenues, excluding pension risk transfers, were $12.5 billion, up 4 percent.

The post MetLife Announces 3Q 2025 Results appeared first on Insurance News | InsuranceNewsNet.

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Central States Indemnity Co. of Omaha, and its subsidiary, CSI Life Insurance Company, collectively referred to as CSI. The outlook of these Credit Ratings is stable. Both companies are domiciled in Omaha, NE..

The post AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and its Subsidiary appeared first on Insurance News | InsuranceNewsNet.