Casey Decker, Chief Operating Officer, Sammons Financial Group. As a result, we have created a new Senior Staff position of Chief Operating Officer,” said Esfand Dinshaw, Chief Executive Officer of Sammons Financial Group.“ This role is designed to streamline our operations and enhance our focus to leverage technology, service, and talent to drive scalable growth.”.

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Insurance Services, a family-run agency providing health, Medicare, and life insurance, and an affiliate of AmeriLife Group, LLC, announced today that it has acquired One Health Benefits, a full-service independent insurance agency specializing in individual, group and senior insurance solutions. Her passion and dedication align perfectly with our mission...

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NEW YORK, November 4, 2024- Brookfield Asset Management Ltd. today announced financial results for the quarter ended September 30, 2024. Connor Teskey, President of Brookfield Asset Management, stated, "We delivered record results in the third quarter, driven by the substantial increase in fee-bearing capital due to strong fundraising, deployment and...

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Indexed universal life's complexity can make presenting an IUL illustration a challenge. 

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The average price of hiring a hitman is A $30,000, estimates British journalist Jenny Kleeman in her intriguing and thought-provoking book, The Price of Life. The average price of a ransom: $560,000. The payout to families if one of their loved ones dies in an act of terrorism $75,000.

The post What does a human life cost – and is it ethical to price it? Jenny Kleeman asked a hitman, philanthropists and a life insurer appeared first on Insurance News | InsuranceNewsNet.

Seritage Growth Properties, a national owner and developer of retail, residential and mixed-use properties, today announced that on November 27, 2024, the Company has made a voluntary prepayment of $15 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska. With the prepayments, the Company has...

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Many individuals view a need for long-term care as potentially catastrophic to their retirement and estate plans. With the national average cost of long-term care at nearly $300 per day, it is easy to see why many would feel this way. The thought of diligent saving and preparation for retirement and asset transfer being derailed by a lengthy long-term care need...

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The Pennsylvania Insurance Department today announced that, for his advocacy efforts to bring significant consumer protections to Pennsylvanians over the last year, Pennsylvania Insurance Commissioner Michael Humphreys received the National Association of Insurance Commissioners Bonnie Burns Excellence in Consumer Advocacy Award.

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The majority of Americans are working toward paying off debt and  many worry that their debt will affect their financial future, according to the 2024 Annual Retirement Study from Allianz Life.

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The majority of Americans are working toward paying off debt and many worry that their debt will affect their financial future, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America. The majority of Americans, 55%, say that they are currently working toward paying off debt to meet their long-term financial goals.

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ANNUAL STATEMENT OF AFFAIRS FOR THE FISCAL YEAR ENDING June 30, 2024- Sullivan CUSD 300. Salary Range: Less Than $25, 000: Bales, Lily; Bales, Scott Barnes, Aleisha N; Bartley, Ashley M; Bear, Amanda E; Bear, Jeremiah A; Berner, Samantha S; Bjornbak, Mark P; Boyer, Cadisen L; Casteel, Heather F; Clemons, Janet K; Coy, Megan N; Crutchfield, Stone J; Curry, Bruce; Dinger, Joshua L; Drake-Paul,...

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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Farmers New World Life Insurance Company. The ratings also recognize the continued strategic value that FNWL provides to its ultimate parent, Zurich Insurance Group Ltd.. The ratings also reflect the company’ s strategic importance to Zurich Insurance Group...

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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 Company Limited, in terms of capital, business development and risk management. CTBC Insurance is a non-life insurance company established in 2006 as a wholly owned...

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AM Best has upgraded the Long-Term Issuer Credit Ratings to“ aa” from“ aa-” and affirmed the Financial Strength Ratings of A+ of the main rated insurance subsidiaries of Zurich Insurance Group Ltd. At the same time, AM Best has upgraded the Long-Term ICR to“ a+” from“ a” of Zurich, a non-operating holding company. Zurich reported a Swiss Solvency Test coverage ratio of 224%...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13 G Under the Securities Exchange Act of 1934* Check the appropriate box to designate the rule pursuant to which this Schedule is filed:☑ Rule 13 d-1☐ Rule 13 d-1 (c)☐ Rule 13 d-1* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form...

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Executives agreed during a risk appraisal forum at NAILBA 43 that future state-based regulations are sure to impact underwriting.

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Document As filed with the Securities and Exchange Commission on November 22, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CITIZENS, INC. 11815 Alterra Parkway, Floor 15, Austin, TX 78758 Sheryl Kinlaw Chief Legal Officer and Secretary 11815...

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AM Best has downgraded the Long-Term Issuer Credit Rating to“ bbb” from“ bbb+” and affirmed the Financial Strength Rating of B++ of Gleaner Life Insurance Society. The refiled year-end 2023 financial statements show a net loss of $2.2 million, which represents a decline of nearly $3.1 million from the originally reported net gain of $886,000. Gleaner has entered...

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Legal& General has completed $2.2 billion of Pension Risk Transfer business in the US this year, making 2024 its largest year on record in the US market. Legal& General completed its first Canadian PRT transaction in 2019 through its reinsurance entity, Legal& General Reinsurance. This includes Legal& General’ s largest Canadian transaction to date, valued at CAD...

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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. NH P&C’ s financial flexibility is...

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Milestone transaction will mark the first time a Korean insurance company has acquired a controlling interest in a foreign brokerage firm.

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New York Life, America’ s largest 1 mutual life insurer, has declared a dividend of $2.5 billion payable to eligible participating policy owners in 2025, the highest payout in its nearly 180- year history. Through an exclusive partnership with The American College of Financial Services, New York Life supports its field force in gaining specialized knowledge...

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One Inc, the leading payments network for the insurance industry, announced today a partnership with U.S. Bank aimed at delivering a comprehensive, unified payment experience for Property& Casualty and Life insurers. U.S. Bank is one of the largest commercial banks in the United States. "Both U.S. Bank and One Inc are dedicated to elevating the insurance payment...

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November 20, 2024 9:00 AM Newmark announces the firm has hired Vince Punzi and Lowell Takahashi as Executive Managing Directors in the Irvine office. Punzi and Takahashi join Newmark from Berkadia, where since late 2019 they originated financing opportunities across Fannie Mae, Freddie Mac, FHA, debt funds, banks and life insurance company transactions.

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SEOUL, South Korea& NEW YORK---- Hanwha Life, South Korea’ s first life insurance company, today announced it has agreed on the 18th to acquire a 75% stake in the parent of Velocity Clearing, a U.S.- based global financial services firm. With this acquisition, Hanwha Life will secure a foothold in the U.S. financial sector, expanding access to excellent opportunities to...

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Standard Insurance Company announced today it will be the title sponsor of the Portland Classic LPGA tournament beginning in 2025 through 2027. Along with continuing to bring top golfers from around the world to Portland, the 72- hole tournament has raised more than $18 million for charities and become the premier annual professional golf tournament in the...

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BALTIMORE- T. Rowe Price, a global investment management firm and leader in retirement, today announced the launch of its first target date portfolios for Canadians. Balancing the need for strong long-term returns against appropriate levels of volatility throughout the lifecycle of the Canadian plan member. Featuring a glide path that extends for 30 years...

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Receives Strategic Investments from Prosperity Asset Management Affiliate and Kuvare Holdings to Support Ongoing Expansion Across Evergreen’ s Equity, Lending and Property Management Businesses. DALLAS& NEW YORK---- Evergreen Residential Holdings, an institutional real estate investment and operating platform, today announced that it has raised...

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Guaranty Income Life Insurance Company, a Kuvare company, has launched four new crediting options for its WealthChoice Fixed Indexed Annuity, available starting November 18th. “Our goal is to empower IMOs and their financial professionals with innovative solutions that help them serve their clients' various retirement planning needs,” said Cary Carney, Vice...

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United Life Insurance Company, a Kuvare company, has launched three new crediting options for its WealthChoice Fixed Indexed Annuity, available starting November 18th. About United Life Insurance Company. United Life Insurance Company, a Kuvare company, is a leading provider of fixed indexed annuities, specializing in flexible retirement solutions that...

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Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial Inc. 1, today announced Mike Hicks has been named the winner of the 2024 Michigan ORBIE ® CIO of the Year Award in the Large Enterprise category. Hicks, who joined Jackson as SVP, Chief Information Officer in April 2023, was honored for excellence in technology...

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The Savings Bank Mutual Life Insurance Company of Massachusetts is pleased to announce the appointment of Wade Seward as chief distribution officer. Wade Seward has joined The Savings Bank Mutual Life Insurance Company of Massachusetts as chief distribution officer. Seward brings over three decades of experience in the insurance industry and most...

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DigitalOwl, a provider of advanced AI solutions for the life insurance and legal industries, has announced a collaboration with ExamOne, a Quest Diagnostics company. This press release features multimedia. The relationship aims to enhance the services offered to both companies' clients in the United States by improving the efficiency and accuracy of record...

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The many variations of universal life insurance are almost always confusing to clients and, often, their agents.

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PHOENIX, Nov. 18, 2024/ PRNewswire-PRWeb/-- InstaBrain Inc., a newly launched data-driven solution and real-time underwriting platform, has announced an official partnership with Fidelity Life, which offers permanent and term life insurance policies, providing quotes and plans for individuals. This is a natural progression in our ongoing commitment to...

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Athene Annuity and Life Company. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE Athene Annuity and Life Company. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE Athene Annuity and Life Company.

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Springfield, MO November 15, 2024---- Neil Bruce Porter Receives Highest Honorary Award from American Equity, a Top Fixed Index Annuity Provider American Equity Investment Life Insurance Company ®, a leading issuer of fixed index and fixed rate annuities, announces Neil Bruce Porter, President, Advisor, and Founder of The Resource Center Inc., in Springfield, Mo.,...

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PFSL Fund Management Ltd. announced today that it has changed the risk rating for Primerica Income Fund from "low" to "low to medium”. About PFSL Fund Management Ltd.. PFSL Fund Management Ltd. is an investment manager and subsidiary of Primerica Financial Services Ltd. The Primerica family of companies, including PFSL’ s parent company, PFSL Investments Canada...

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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...

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The post-election period provides advisors to engage in a discussion with their clients on financial issues that are impacted by the election and issues that are not.

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AM Best has maintained its stable outlook on South Korea’ s non-life insurance segment, noting a moderate expansion within the industry that is being driven by long-term business as non-life insurers strive to secure a stable source of future profits under IFRS 17 accounting standards. Amid the modest pace of South Korea’ s economic recovery, the country’ s...

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These companies represent the key life/health insurance subsidiaries of Ameriprise Financial, Inc. and are collectively known as Ameriprise Financial Group. 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...

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Total new annualized premium jumped 8% to $3.9 billion in the third quarter 2024, according to preliminary results from LIMRA’s retail individual life insurance sales survey.

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With more than half of U.S. adults holding life insurance, Luma’ s platform empowers advisors to keep their clients’ financial goals aligned throughout the entire investment lifecycle. “We are excited to extend our proven technology to the life insurance market, providing financial professionals with the first truly comprehensive solution in the industry,”...

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U.S. marshals handcuffed Greg Lindberg and escorted him out of a Charlotte federal courtroom on Tuesday after he pleaded guilty to an insurance fraud scheme costing victims and businesses more than $2 billion. It impacted insurance regulators and policyholders through a web of companies based in North Carolina, Bermuda, Malta, and elsewhere, announced Dena J....

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STATEMENT AS OF SEPTEMBER 30, 2024 OF THE CONSECO LIFE INSURANCE COMPANY OF TEXAS. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE CONSECO LIFE INSURANCE COMPANY OF TEXAS. LIABILITIES, SURPLUS AND OTHER FUNDS.

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U.S. marshals handcuffed Greg Lindberg and escorted him out of a Charlotte federal courtroom on Tuesday after he pleaded guilty to an insurance fraud scheme costing victims and businesses more than $2 billion. It impacted insurance regulators and policyholders through a web of companies based in North Carolina, Bermuda, Malta, and elsewhere, announced Dena J....

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New York Life has announced the launch of Balance Wellbeing with New York Life™, its new financial wellbeing offering. Balance Wellbeing™ highlights New York Life’ s long history of helping families build secure futures by providing access to holistic financial guidance and support designed to address employees’ financial challenges and positively impact...

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A Bay Area consumer-advocacy group claims California "s Department of Insurance is violating state public-records law by refusing to hand over important data on consumer complaints about life insurance. The Pleasant Hill- based non-profit Life Insurance Consumer Advocacy Center called the department "s purported violation of the California Public...

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STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY.

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