Life Insurance News

Posted: May 23, 2022, 10:05 am
WINDSOR, Conn. and Washington, D.C., May 11, 2022 — New research from LIMRA and the Finseca Foundation reveals five secrets to...
Posted: May 11, 2022, 2:12 pm
U.S. life insurance application activity declined in April 2022 compared to April 2021, with Year-over-Year (YOY) activity down -11.7%. However,...
Posted: May 9, 2022, 5:30 pm
--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...
Posted: May 6, 2022, 6:36 pm
MILWAUKEE – May 5, 2022 – According to the 2021 Black Business Owner Spotlight, 56 percent of Black entrepreneurs reported...
Posted: May 6, 2022, 6:21 pm
BIRMINGHAM, Ala.-- Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc., announced that its principal subsidiary, Protective...
Posted: May 4, 2022, 2:22 pm
_ 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.
Posted: May 3, 2022, 8:49 pm
NEW YORK, April 26, 2022 -- Mutual of America Financial Group announced today that it has entered into a Stock...
Posted: April 26, 2022, 6:02 pm
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...
Posted: April 26, 2022, 12:39 pm
--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...
Posted: April 25, 2022, 1:04 pm
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?
Posted: April 22, 2022, 1:09 pm
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...
Posted: April 20, 2022, 12:43 pm
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....
Posted: April 18, 2022, 7:04 pm
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.
Posted: April 18, 2022, 1:34 pm
Formerly licensed insurance agent David Lance Hall, 64, of Bakersfield, Calif., was arraigned this week in Kern County Superior Court...
Posted: April 14, 2022, 6:00 pm
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...
Posted: April 13, 2022, 2:04 pm
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...
Posted: April 12, 2022, 4:04 pm
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&...
Posted: April 12, 2022, 1:18 pm
U.S. life insurance application activity declined in March with Year-over-Year (YOY) activity down -7.7%, when compared to record breaking activity...
Posted: April 11, 2022, 7:01 pm
Effective March 31, 2022, the Idaho Department of Insurance revoked the insurance producer license of Kyle Blaine Swallow for violations...
Posted: April 8, 2022, 4:12 pm
--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..
Posted: April 5, 2022, 5:02 pm
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...
Posted: April 1, 2022, 5:44 pm
--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,...
Posted: March 31, 2022, 7:11 pm
DALLAS, March 31, 2022 /PRNewswire/ -- Integrity Marketing Group, a leading distributor of life and health insurance, and provider of...
Posted: March 31, 2022, 2:14 pm

Posted: March 24, 2022, 2:39 pm
SAN FRANCISCO, March 24, 2022 (GLOBE NEWSWIRE) -- Choir, a diversity-tech platform and creator of the first diversity certification for finance...
Posted: March 24, 2022, 2:32 pm
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.
Posted: March 24, 2022, 12:04 pm
OWINGS MILLS, Md. - March 27, 2022 – The Baltimore Life Insurance Co. today celebrates its 140th anniversary. For almost...
Posted: March 23, 2022, 7:45 pm
Formerly licensed insurance agent Paul Kirton, 51, of Bozeman, Montana, has been charged with eleven felony counts including identity theft,...
Posted: March 23, 2022, 5:53 pm
Birmingham, Ala. – Protective Life Corporation announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an...
Posted: March 23, 2022, 1:54 pm
Falls Church, VA (March 17) -- NAIFA’s Get Out the Vote (GOTV) resources are now available to NAIFA members and...
Posted: March 17, 2022, 8:11 pm
Security Benefit today announced that Mike Kiley, Chief Executive Officer, will retire effective June 30th, 2022. Kiley will continue to...
Posted: March 17, 2022, 1:24 pm

Posted: March 16, 2022, 1:40 pm
California Insurance Commissioner Ricardo Lara issued a Notice Monday to all insurance companies doing business in California to review their...
Posted: March 15, 2022, 6:30 pm
Genworth Financial, Inc. today announced that S&P Global Ratings has upgraded the issuer credit ratings of Genworth Financial, Inc. and Genworth Holdings, Inc. to B+ from B. The outlook for the ratings remains positive. This would bring total holding company debt to below our target of $1 billion and enable Genworth to evaluate returning capital to...
Posted: March 14, 2022, 12:39 pm
U.S. life insurance application activity declined in February 2022 compared to February 2021, with year-over-year (YOY) activity down -3.8%, representing...
Posted: March 8, 2022, 7:42 pm
The Tennessee Department of Commerce & Insurance (TDCI) announces that remote testing for prospective insurance agents accounts for nearly 40%...
Posted: March 8, 2022, 6:17 pm

Posted: March 4, 2022, 1:52 pm
Massachusetts Mutual Life Insurance Company today reported excellent financial results 1 for 2021– including record sales and capital levels that reached an all-time high and strong operating earnings– while making significant progress on its long-term strategy and providing financial security for more Americans. Sales of total individual life...
Posted: February 28, 2022, 1:34 pm
INDIANAPOLIS (Feb. 28, 2022) — Mike Stewart has joined the executive leadership team of the OneAmerica Employee Benefits at OneAmerica...
Posted: February 28, 2022, 1:29 pm
Life insurance agents may have clients who cannot buy new life insurance on themselves due to their advanced age or...
Posted: February 25, 2022, 3:16 pm
Fitch Ratings-Chicago/New York-25 February 2022: U.S. life insurers saw their highest single period of growth over the past five years...
Posted: February 25, 2022, 2:52 pm
PARK RIDGE, Ill. (February 17, 2022) —The MDRT Family of Brands, which includes MDRT for high‐performing financial services professionals, the...
Posted: February 24, 2022, 7:07 pm
CLEARWATER, Fla. | AmeriLife Group announced the launch of Family Freedom Term, a new, simplified issue term life solution offering affordable coverage...
Posted: February 24, 2022, 2:48 pm
Regulators approved a list of "regulatory considerations" Tuesday for the Macroprudential Working Group. Many items on the list deal with the unknowns surrounding private equity control of insurers.
Posted: February 23, 2022, 8:03 pm
The increased number of Credit Ratings in the U.S. life/health insurance industry placed under review in 2021 mainly reflects the return of merger and acquisition activity that was depressed in the previous year amid the pandemic surge, along with earnings declines in the life/annuity segment from heightened mortality, according to a new AM Best report.
Posted: February 21, 2022, 1:22 pm
King of Prussia, PA, Feb. 17, 2022 (GLOBE NEWSWIRE) -- The American College of Financial Services announced a pair of newly...
Posted: February 17, 2022, 5:29 pm
As a mutual company, Northwestern Mutual shares its success with policyowners in the form of annual dividends, and, as previously announced, the total expected 2022 dividend payout is the largest ever– $6.5 billion. "It's an honor that we continue to see a record number of customers choosing Northwestern Mutual and our advisors for our holistic approach to...
Posted: February 17, 2022, 2:04 pm
New York Life, America’ s largest 1 mutual life insurer, reports how its approach to Diversity, Equity and Inclusion underscores its commitment to employees, agents, policy owners, and communities in its 2021 DE&I Report. From continuing to provide spaces for difficult but necessary conversations about race, to our Cultural and Target Markets agents providing...
Posted: February 16, 2022, 2:39 pm
AmeriLife Group, LLC, a national leader in developing, marketing, and distributing annuity, life and health insurance solutions, today announced that its agencies and affiliates are now offering SimpliNow Legacy SM from AIG, a simplified issue whole life insurance product specifically designed for middle-market American seniors. Electronic applications...
Posted: February 15, 2022, 4:40 pm
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...