Life Insurance News
Survivorship life insurance, often called “second-to-die life insurance,” covers two policyowners and pays a death benefit when both have died.
The post Northwestern Mutual launches Survivorship VUL Plus appeared first on Insurance News | InsuranceNewsNet.
Allianz Investment Management LLC, a subsidiary of Allianz Life Insurance Company of North America and adviser to the AllianzIM exchange-traded funds, today announced the launch of two ETFs: the AllianzIM U.S. Equity Buffer100 Protection ETF and the AllianzIM U.S. Equity Buffer15 ETF. Built on AllianzIM’ s deep expertise in risk management, both AIOO and QBSF...
The post AllianzIM Launches Quarterly Reset Buffered ETFs to Enhance Risk Management Flexibility appeared first on Insurance News | InsuranceNewsNet.

Ten years ago, John Hancock asked a bold question: What if we could build customers – and profits – by rewarding people for living well?
The post John Hancock’s Vitality builds a decade of success on living well appeared first on Insurance News | InsuranceNewsNet.
Dearborn Group shifts focus to core health offerings as Symetra adds scale to growing Workforce Benefits business. CHICAGO& BELLEVUE, Wash.---- Dearborn Group, one of the nation’ s largest ancillary benefits providers, and Symetra Life Insurance Company, a national provider of life, retirement and employee benefit insurance products, today announced a definitive...
The post Dearborn Group and Symetra Reach Agreement on Acquisition of Dearborn Group’s Life & Disability Business appeared first on Insurance News | InsuranceNewsNet.

Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older.
The post Actuaries seek better data on troubling age 80+ mortality trend appeared first on Insurance News | InsuranceNewsNet.
A woman increased her stepdad’ s life insurance policy to $750,000, then 16 days later had her boyfriend kill him, Florida authorities said. A jury convicted 48- year-old Perry Stanley of first-degree murder and possession of a firearm by a convicted felon, the State Attorney’ s Office for the Seventh Judicial Circuit announced June 26. His girlfriend at the time,...
The post Woman has boyfriend kill her stepdad for life insurance payout, Florida cops say appeared first on Insurance News | InsuranceNewsNet.
Royal Neighbors of America has announced the launch of its new Jet Single Premium Whole Life product.
The post Royal Neighbors of America launches new single premium whole life product appeared first on Insurance News | InsuranceNewsNet.
People who have yet to associate the word' insurance' with adjectives like' friendly',' helpful' and' fun' have not met Farmers Agent, Lisa Beamer. Beamer, who won the Worland-Ten Sleep Chamber of Commerce Small Business of the Year award in 2025, has been serving the Worland community as an insurance agent for a decade and is passionate about what she does.
The post Serving more than policies: Lisa Beamer Agency treats clients like family appeared first on Insurance News | InsuranceNewsNet.

Market volatility, recession fears, tariff uncertainties and other macroeconomic factors are driving many investors to rethink their long-term retirement and financial plans.
The post The retirement shuffle: How the industry can adapt appeared first on Insurance News | InsuranceNewsNet.
Securian Financial today promoted John Heshelman to vice president and chief investment officer. John Heshelman, Securian Financial vice president and chief investment officer. Heshelman also provides investment market and portfolio insights to Securian Financial leaders, including the company’ s board of directors.
The post Securian Financial Names John Heshelman Chief Investment Officer appeared first on Insurance News | InsuranceNewsNet.
On June 26, 2025, Venerable Holdings, Inc. announced a transaction with Corebridge Financial, Inc. pursuant to which it will reinsure approximately $51 billion of variable annuity business from American General Life Insurance Company and The US Life Insurance Company in the City of New York. Additionally, Venerable will acquire Corebridge’ s investment...
The post KBRA Releases Comment on Venerable’s Announced Transaction with Corebridge appeared first on Insurance News | InsuranceNewsNet.
Corebridge Financial, Inc. today announced that it has entered into an agreement with CS Life Re, a subsidiary of Venerable Holdings, Inc. to reinsure all the variable annuities of its Individual Retirement business, with account value totaling $51 billion as of March 31, 2025. The transaction is valued at $2.8 billion, consisting of both ceding commission and...
The post Corebridge Financial Announces Transformative Individual Retirement Variable Annuity Transaction with Venerable appeared first on Insurance News | InsuranceNewsNet.
“We’ re so proud that Pacific Protector Plus VUL was chosen to be a part of the State Farm portfolio. State Farm is committed to meeting customers’ needs with products and services to help customers manage the risks of everyday life and realize their dream. The design of Pacific Protector Plus VUL offers the opportunity for authorized State Farm agents to help...
The post Pacific Life Introduces New Variable Universal Life Insurance Product Now Available Through State Farm appeared first on Insurance News | InsuranceNewsNet.
When asked to guess what the premium of a $250,000 20-year, level term policy would be for themselves, healthy adults in the 18–30-year-old range overestimated the median cost about 10–12 times more than its true cost.
The post Adults 30 and younger greatly overestimate the cost of life insurance appeared first on Insurance News | InsuranceNewsNet.
New York Life, America’ s largest 1 mutual life insurer, is proud to announce the launch of the New York Life Financial Empowerment Scholarship, reflecting the company’ s ongoing commitment to supporting students throughout major life events and expanding access to financial literacy. Those from the high school classes of 2025 and 2026 can apply now through 4...
The post New York Life to Award 20 Scholarships Supporting Students’ Post-Secondary Education Expenses and Long-Term Financial Literacy appeared first on Insurance News | InsuranceNewsNet.
More Americans say that they are too nervous to invest right now and are worried about their retirement savings more than they have in the last six years as extreme market volatility ripples through the economy, according to the 2025 Q2 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America. Nearly half of all Americans say...
The post Allianz Life Study Finds Record High Investment Anxiety appeared first on Insurance News | InsuranceNewsNet.

After battling with regulators in Utah and South Carolina for much of the past 18 months, Advantage Capital and its...
The post A-Cap provides update on life insurers after tangling with regulators appeared first on Insurance News | InsuranceNewsNet.

An Indiana woman suing NLV Financial Corp. and two life insurance subsidiaries over a 2023 indexed universal life policy that returned 0% is tacking on state claims in an amended complaint.
The post State claims added to amended lawsuit over National Life IUL illustrations appeared first on Insurance News | InsuranceNewsNet.
Mr. Levine is the latest addition to Everest’ s expanding Board, following the Company’ s recent appointments of Darryl Page and John Howard. Mr. Levine currently serves on the Board of the American Council of Life Insurers, the Advisory Board for the Tamer Center for Social Enterprise at Columbia Business School and the Board of the Nantucket Boys& Girls Club.
The post Everest Enhances Board of Directors with Appointment of Allan Levine appeared first on Insurance News | InsuranceNewsNet.
Credit union members are more likely than non-credit union members to have ancillary insurance protections— roadside assistance, vehicle and property protection, extended warranties, etc.— for their high-value purchases, according to a new study. Securian Financial, a provider of insurance and other protection products to credit unions, surveyed just over...
The post Credit Union Members Are More Likely to Have Ancillary Insurance Protections for Their Prized Purchases, Study Finds appeared first on Insurance News | InsuranceNewsNet.

In the world of life insurance, guarantees have reigned supreme. But new research suggests flexibility also may be highly valued.
The post Study: How does flexibility impact life insurance purchase decisions? appeared first on Insurance News | InsuranceNewsNet.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Everlake Life Insurance Company and Everlake Assurance Company, collectively known as Everlake Life Group. Everlake Life is ultimately owned by Everlake Holdings, LP, and Blackstone Inc. is the ultimate parent company of the general partner of the vehicle...
The post AM Best Affirms Credit Ratings of Everlake Life Group Members appeared first on Insurance News | InsuranceNewsNet.
AM Best has commented that the Credit Ratings of the property/casualty members of Erie Insurance Group and Erie Family Life Insurance Company remain unchanged following the organization’ s announcement that it sustained an information security event, which has resulted in a widespread network outage impacting Erie’ s systems. On June 11, 2025, Erie filed a...
The post AM Best Comments on Credit Ratings of Erie Insurance Group and Erie Family 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 Rating of“ a” of Hyundai Marine& Fire Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect HMF’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, favourable business profile and...
The post AM Best Affirms Credit Ratings of Hyundai Marine & Fire Insurance Co., Ltd. appeared first on Insurance News | InsuranceNewsNet.
Discussing the importance of owning life insurance can be a sensitive topic- after all, few people like to talk about death. However, if others depend on your support, or if you have substantial assets that you wish to transfer to future generations, life insurance can be an important financial tool. There are many types of insurance and features for you to consider...
The post CONSIDERATIONS WHEN PURCHASING LIFE INSURANCE appeared first on Insurance News | InsuranceNewsNet.
Both the Block 1 CLN and Block 2 CLN are in consideration of a variable funding surplus note issued by Redding Reassurance Company 3 LLC, a Missouri- domiciled special purpose financial captive reinsurer and a direct wholly owned subsidiary of Wilton Reassurance Company. Each VSN supports the excess reserves for a block of life insurance business retroceded...
The post AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes appeared first on Insurance News | InsuranceNewsNet.
Carol died peacefully at Berkshire medical Hospital in Pittsfield Massachusetts on June 12, 2025. Carol attended a small grammar school in Albany Vermont and moved at a young age to Lee Massachusetts on High Lawn Farm. She was a home stitcher for Country Curtains, followed by working as a mail distributor for Berkshire Life Insurance Company.
The post Carol A. Carey appeared first on Insurance News | InsuranceNewsNet.
Armed Forces Benefit Association, and its affiliate, 5 Star Life Insurance Company, announced today the appointment of Xianmei Tang as Chief Actuary and Senior Vice President, Actuarial, effective June 13, 2025. AFBA and 5 Star Life appoints Xianmei Tang as Chief Actuary and Senior Vice President, Actuarial. Xianmei Tang, FSA, MAAA, PRM, LTCP, is a seasoned actuarial...
The post AFBA and 5Star Life Insurance Company Appoints Xianmei Tang Chief Actuary and Senior Vice President, Actuarial appeared first on Insurance News | InsuranceNewsNet.
Standard Insurance Company announced today that Latrina Edwards was named second vice president of Litigation and Employment. Latrina Edwards, Second Vice President of Litigation and Employment at The Standard. Edwards earned a bachelor’ s degree in business administration and management from Eastern Michigan University and her Juris Doctor from...
The post The Standard Names Latrina Edwards Second Vice President of Litigation and Employment appeared first on Insurance News | InsuranceNewsNet.
Tikehau Capital, the global alternative asset management group, in partnership with Société Générale Assurances, CNP Assurances and CARAC Group, three leading insurers, announces the launch of an innovative private equity fund dedicated to the strategic sectors of defense, cybersecurity and European security. The fund, structured mainly around...
The post Tikehau Capital, Société Générale Assurances, CNP Assurances and CARAC Group Join Forces to Launch a Private Equity Fund Dedicated to European Defense and Security, Available Through Life Insurance and Retirement Savings Products appeared first on Insurance News | InsuranceNewsNet.
Taiwan’ s domestic non-life insurance premium continued to increase in 2024, growing 10.5% to reach TWD 278.5 billion, according to a new AM Best report. The Best’ s Market Segment Report,“ Taiwan Non-Life Segment’ s Operating Performance Supported by Tighter Underwriting Guidelines,” also notes that this segment’ s overall capital& surplus level has continued to...
The post Best’s Market Segment Report: Taiwan’s Non-Life Insurance Premiums Continue to Increase Amid Underwriting Improvements appeared first on Insurance News | InsuranceNewsNet.
5 Star Life Insurance Company has achieved a significant milestone for the third year in a row by securing a prominent position on Forbes’ list of the World’ s Best Insurance Companies 2025. This recognition is presented by Forbes and Statista Inc., an industry ranking provider and a leading statistics portal. “It’ s a testament to the trust we’ ve built in the...
The post 5Star Life Insurance Co. Named One of Forbes' Best Insurance Companies 2025 appeared first on Insurance News | InsuranceNewsNet.

Publicly traded insurance companies showed strong financial performance in 2024 compared to the prior year, according to an analysis by Compensation Advisory Partners.
The post Insurers show strongest financial performance in a decade 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 $40 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 of...
The post Seritage Growth Properties Makes $40 Million Loan Prepayment appeared first on Insurance News | InsuranceNewsNet.
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. 1, today announced it has awarded $900,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. Jackson has awarded $150,000 each to Lansing- based Haven House, for its housing...
The post Jackson Awards $900,000 in Grants to Nonprofits Across Lansing, Nashville and Chicago appeared first on Insurance News | InsuranceNewsNet.

Life insurance sales rose more than 2% in the first quarter, Wink, Inc. found in its Sales & Market Report.
The post Life insurance sales up 2% in the first quarter, Wink finds appeared first on Insurance News | InsuranceNewsNet.
Winged Keel Group today announced the acquisition of BryanMark Group, a St. Louis- based provider of life insurance solutions to affluent and ultra-affluent clients. As part of the acquisition, BryanMark Group founder Jason Hackmann joins Winged Keel as a Principal and will lead the newly established office alongside his team of brokerage service...
The post Winged Keel Group Continues its Accelerated Growth with the Acquisition of BryanMark Group, Furthering its Market Expansion appeared first on Insurance News | InsuranceNewsNet.
Global Indemnity Group, LLC today announced the appointment of Jason C. Murgio, Principal and Chief Executive Officer of Merger& Acquisition Services, Inc., to its Board of Directors, effective June 4, 2025. Mr. Murgio serves as a Principal and the Chief Executive Officer of Merger& Acquisition Services, Inc., as well as a director of each of Investors Heritage Life...
The post Global Indemnity Group, LLC Announces Appointment of Jason C. Murgio to the Board of Directors appeared first on Insurance News | InsuranceNewsNet.

Indexed universal life insurance policies are increasingly popular, offering a unique blend of life insurance coverage and investment potential.
The post How to use IUL bonuses and multipliers appeared first on Insurance News | InsuranceNewsNet.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa” of Mitsui Sumitomo Insurance Company, Limited. Concurrently, AM Best has affirmed the FSR of A+ and the Long-Term ICRs of“ aa” of MSI’ s U.S. operating companies, which are domiciled in New York, NY: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance...
The post AM Best Affirms Credit Ratings of Mitsui Sumitomo Insurance Company, Limited and Its Affiliates appeared first on Insurance News | InsuranceNewsNet.

A state insurance task force adopted a long-anticipated reinsurance asset testing guideline Thursday.
The post Regulators wave off criticism, adopt reinsurance asset-testing guidance appeared first on Insurance News | InsuranceNewsNet.
Life insurance application activity showed positive growth in May, the MIB Life Index reported Thursday, up 1.6% year-over-year.
The post MIB Index reports life insurance application growth in May appeared first on Insurance News | InsuranceNewsNet.

Pacific Life, Nationwide, and Prudential made big moves up the life insurance sales charts during the first quarter, LIMRA reported Wednesday.
The post Life premium up in Q1, LIMRA reports; Pacific Life takes over as No. 1 appeared first on Insurance News | InsuranceNewsNet.
According to the Best’ s Market Segment Report,“ Market Segment Outlook: South Korea Non-Life Insurance,” the country’ s non-life insurance industry is facing capital pressure with increasing insurance liabilities, following the Financial Supervisory Service’ s push for more realistic actuarial assumptions and a phased plan to cut discount rates until 2027,...
The post Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market appeared first on Insurance News | InsuranceNewsNet.

Defendants are asking a California court to dismiss a lawsuit alleging a tax-avoidance scam around Penn Mutual whole life insurance policies.
The post Penn Mutual, co-defendants, ask court to dismiss lawsuit alleging tax scam appeared first on Insurance News | InsuranceNewsNet.
MassMutual today announced it has appointed David Long, Former Chairman and Chief Executive Officer of Liberty Mutual Insurance, to the company’ s Board of Directors. Long began his career at Liberty Mutual Insurance in 1985, being appointed President in 2010, Chief Executive Officer in 2011 and Chairman in 2013. Under his leadership as CEO, Liberty Mutual...
The post MassMutual Appoints David Long, Former Chairman and CEO of Liberty Mutual Insurance, to Its Board of Directors appeared first on Insurance News | InsuranceNewsNet.
SWBC Life Insurance Company and SWBC Property and Casualty Insurance Company are proud to announce that AM Best, a globally recognized credit rating agency focused on the insurance industry, has reaffirmed their A- ratings with a Stable Outlook. SWBC Life Insurance Company, a long-standing provider of credit insurance and reinsurance solutions, proudly...
The post SWBC Life Insurance and SWBC P&C Maintain Strong A- Rating from AM Best appeared first on Insurance News | InsuranceNewsNet.
JAB Insurance today announced that Jin Chang will join the firm in July as a Partner, bringing more than 30 years of insurance experience, most recently as Senior Vice President of Finance at Athene, Apollo Global Management’ s U.S. Insurance and Retirement Business. I am delighted to welcome him as a partner in JAB Insurance as we focus on creating a life insurance...
The post JAB Insurance Names Jin Chang as Partner appeared first on Insurance News | InsuranceNewsNet.
Chris LeClair, a longtime industry veteran, has joined Securian Financial as an external wholesaler for the company’ s Institutional Retirement Solutions business. Chris LeClair, Institutional Retirement Solutions external wholesaler, Securian Financial. “I am thrilled to welcome Chris LeClair, who kick-started his career at Securian Financial and fell...
The post Chris LeClair joins Securian Financial as Institutional Retirement Solutions external wholesaler appeared first on Insurance News | InsuranceNewsNet.
KBRA assigns an issuer rating of BBB to The Fortegra Group, Inc. and assigns an insurance financial strength rating of A- to Fortegra Specialty Insurance Company. In addition, KBRA affirms the A- IFSRs for the key U.S. insurance subsidiaries of The Fortegra Group, Inc.: Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity Company...
The post KBRA Affirms and Withdraws Rating for Fortegra Financial Corp, Assigns Ratings for The Fortegra Group, Inc., and Fortegra Specialty Insurance Company, and Affirms Ratings for Debt and Fortegra’s Key Insurance Subsidiaries appeared first on Insurance News | InsuranceNewsNet.
Carrier & Product News
Is 40 Year Term Available? YES!!!
Make young clients term sale more profitable! If you have a client under 35, can they get longer than 30 years on a true term policy? YES!!! Prudential's Workforce 65 product goes to age 65, and can be issued to a client as young as 25 years old! So, YES, there is a...