Foresters Financial announced that the non-guaranteed crediting rate on its SMART Universal Life Insurance [1] will increase from 4.50 percent...

June 16, 2022 (Birmingham, Ala.) – Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, today announced the publication...

—The South Carolina Supreme Court wants to revoke the law license of attorney Alex Murdaugh, saying there is overwhelming evidence he stole millions of dollars from his clients even though more than 70 criminal charges against the prominent lawyer have not been resolved. Murdaugh losing his law license permanently would be a sharp blow to a family that has...

Engagement and education fueled by solid communications is important to policyholders, according to the J.D. Power 2022 U.S. "One-on-one communication is a great opportunity for group life carriers to increase customer satisfaction,” said Robert Lajdziak, director of global Insurance intelligence at J.D. Power.“ For instance, only 57% of policyholders...

CLEARWATER, Fla. – June 13, 2022 – AmeriLife Group announced an investment from Genstar Capital, a leading private equity firm focused...

COLLETON COUNTY, S.C.– It has been one year since a mother and her son were found shot to death at a property in Colleton County, South Carolina, and still no arrests have been made, no suspects identified. The bodies of Paul Murdaugh, 22, and Margaret Murdaugh, 52, were discovered by father and husband Alex Murdaugh near dog kennels at a property off Moselle Road on the...

The 911 call by Richard Alexander Murdaugh, son of a third-generation 14th Circuit solicitor, reporting the shooting deaths of his wife, Maggie, and younger son, Paul, would propel a scandal-plagued Lowcountry family into the national spotlight. A year later, the South Carolina Law Enforcement Division had made no arrests, announced no leads or suspects, and...

The U.S. life/annuity industry saw its net income increase by 60% in the first three months of 2022 compared with the same prior-year period, fueled by declines in tax obligations and realized capital losses. The industry’ s pretax net operating gain was down by 30.4% to $15.0 billion, but the lower tax burden and a $10.2 billion decrease in net realized capital...

U.S. life insurance application activity was flat in May 2022 compared to May 2021, with Year-over-Year results at -1.4% and...

--Building on the unique strengths of the two organizations, LIMRA and Verisk are partnering to deliver greater capabilities to insurers and recordkeepers to help them combat fraud and financial criminal attacks on their customers. “LIMRA offers a valuable early-warning fraud detection system for the financial services industry for life insurance,...

Inflation, exacerbated by the military conflict in Ukraine, and countered by Federal Reserve Bank monetary tightening, has been pushing up...

Columbus, OH— To address growing concerns about market volatility, Nationwide has added new index options to one of its indexed...

WASHINGTON, D.C. –  Per the overwhelming support of the NAILBA members, Finseca and NAILBA have officially voted to merge and...

Private equity has been accelerating a boom in huge reinsurance deals, but driven by relatively few players, who are attracting attention from legislators and regulators.

Diversity, equity and inclusion were on the agenda at a recent National Association of Insurance and Financial Advisors symposium.

The NAIFA Foundation for Financial Security, created by the National Association of Insurance and Financial Advisors (NAIFA), aims to grow the...

According to research unveiled by the Society of Insurance Research, COVID may have changed people’s perceptions of life insurance.

WINDSOR, Conn. and Washington, D.C., May 11, 2022 — New research from LIMRA and the Finseca Foundation reveals five secrets to...

U.S. life insurance application activity declined in April 2022 compared to April 2021, with Year-over-Year (YOY) activity down -11.7%. However,...

--Transamerica announces that Liza Tyler has been appointed Head of Annuity Solutions and Andrew DeMarco as Head of Life Solutions for the company's Individual Solutions division. These new positions report to Jamie Ohl, President of Transamerica's Individual Solutions division, which provides individual insurance and investment solutions to...

MILWAUKEE – May 5, 2022 – According to the 2021 Black Business Owner Spotlight, 56 percent of Black entrepreneurs reported...

BIRMINGHAM, Ala.-- Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc., announced that its principal subsidiary, Protective...

_ Prudential Financial Inc. on Tuesday reported a loss of $31 million in its first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.67 per share. Four analysts surveyed by Zacks expected $14.18 billion.

NEW YORK, April 26, 2022 -- Mutual of America Financial Group announced today that it has entered into a Stock...

Goose Insurance Services, an innovative insurance technology company that is making it easier and faster for consumers to get the coverage they need through a self-serve mobile app, announces it has expanded its individual term life insurance policies to US customers. In the last ten years, the number of Americans with life insurance policies has dropped...

--Sunset Life Insurance Company of America announced today it will be renamed Ibexis Life& Annuity Insurance Company as it relaunches the brand under new leadership and direction. Following the appointment of CEO Nate Gemmiti and a significant capital investment from global alternatives firm Investcorp in November 2021, Ibexis represents the next chapter...

A relative of mine recently mentioned she had two life insurance policies. Is it OK for a person to have more than one life insurance policy? If so, why would someone do that?

Stephens County District Judge Ken Graham ordered a continuance of the trial for James Kyle Brooks, 41, for a charge of first-degree murder until 9 a.m. Sept. 19, records indicate. Investigators believe Brooks was motivated to kill for a $500,000 insurance policy taken out without his father's knowledge, according to investigators. Marlow police were called by...

This includes Pacific PremierCare ® Choice one-year, five-year, 10- year, and lifetime premium whole life insurance products with long-term care benefits 1 and Pacific PremierCare Advantage Universal Life Insurance with Long-Term Care Benefits 2 in California. “Pacific Life remains committed to the long-term care market as we continue to recognize U.S....

New York Life, America's largest 1 mutual life insurer, today announced that Craig DeSanto has assumed the company’ s chief executive officer position. New York Life and its affiliates provide insurance, investment, and retirement solutions that help people at all stages of life, delivered through the company’ s industry-leading agency field force.

Formerly licensed insurance agent David Lance Hall, 64, of Bakersfield, Calif., was arraigned this week in Kern County Superior Court...

Securian Financial has added three return of premium options 1, an optional premium waiver agreement and other enhancements to the latest version of SecureCare™, the St. Paul, Minnesota- based insurer’ s hybrid life/long-term care insurance product. SecureCare III, issued by MINNESOTA LIFE INSURANCE COMPANY, has the key feature of its predecessors— a cash...

Symetra today announced the introduction of a new version of its Accumulator indexed universal life insurance product— Symetra Accumulator Ascent IUL. “Enhanced products like Accumulator Ascent IUL and new offerings like our MultiLife Business Program are bringing a wider array of compelling solutions to Symetra customers and partners,” said Phil...

American International Group, Inc. today announced that Sabra Purtill, 59, has been appointed Executive Vice President and Chief Investment Officer for its Life& Retirement business, effective immediately. In her new role, Ms. Purtill will report to Kevin Hogan, Executive Vice President, Chief Executive Officer, Life& Retirement, and she has joined the Life&...

U.S. life insurance application activity declined in March with Year-over-Year (YOY) activity down -7.7%, when compared to record breaking activity...

Effective March 31, 2022, the Idaho Department of Insurance revoked the insurance producer license of Kyle Blaine Swallow for violations...

--First Orion, a leading provider of branded communication solutions for businesses, today announces the results of its 2022 Insurance Survey Report that explores the insurance calling experiences of 5,000 U.S. mobile subscribers. The findings represent customer sentiments related to contact with health, auto and home insurance providers..

Mr. Sharma succeeds Darryl Button as CFO, following Mr. Mr. Sharma will report to Mr. Button and serve on Pacific Life’ s management committee with responsibility for the development and implementation of Pacific Life’ s corporate and financial strategies, as well as oversight of the actuarial, corporate finance, internal audit, enterprise risk management, and...

--Ohio National Mutual Holdings, Inc. and its wholly owned subsidiary Ohio National Financial Services, Inc., a leading provider of financial services, successfully completed its sponsored demutualization transaction with Constellation Insurance Holdings, Inc.. Ohio National Financial Services, Inc. remains a subsidiary to ONH. As part of the transaction,...

DALLAS, March 31, 2022 /PRNewswire/ -- Integrity Marketing Group, a leading distributor of life and health insurance, and provider of...

As Women’s History Month comes to a close, Turner spoke with InsuranceNewsNet and shared some of the steps she took on her way to the top, the challenges she encountered along the way, and her advice to other women for making it to the next level of success.

SAN FRANCISCO, March 24, 2022 (GLOBE NEWSWIRE) -- Choir, a diversity-tech platform and creator of the first diversity certification for finance...

iQuanti: As we get older, we want to make sure our loved ones are taken care of when we're gone. Life insurance can be a fantastic tool for seniors to give their families extra financial protection. It pays out a death benefit when you pass away, which can offer your beneficiaries added financial security.

OWINGS MILLS, Md. - March 27, 2022 – The Baltimore Life Insurance Co. today celebrates its 140th anniversary. For almost...

Formerly licensed insurance agent Paul Kirton, 51, of Bozeman, Montana, has been charged with eleven felony counts including identity theft,...

Birmingham, Ala. – Protective Life Corporation announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an...

Falls Church, VA (March 17) -- NAIFA’s Get Out the Vote (GOTV) resources are now available to NAIFA members and...

Security Benefit today announced that Mike Kiley, Chief Executive Officer, will retire effective June 30th, 2022. Kiley will continue to...

For the year, life insurance policy sales were up 5%, which is the highest annual growth since 1983. With the exception of term sales, all major categories saw growth.

California Insurance Commissioner Ricardo Lara issued a Notice Monday to all insurance companies doing business in California to review their...