Life Insurance News
Murder victim Margaret "Maggie" Murdaugh may have purchased, picked up, and delivered the very gun that took her life on the night of June 7, 2021- a gun purchased for her son, Paul, who was also shot and killed in a case where the family patriarch, Alex Murdaugh, is charged. SLED Firearms Examiner Paul Greer testified Friday afternoon that fired S& B 300 Blackout...
Posted: February 5, 2023, 3:22 pm
Brad Rhodes: How does an irrevocable life insurance trust work? Published 12:00 am Sunday, February 5, 2023. Over the past few years, the government has increased the estate and gift tax exemption to $11.58 million per individual.
Posted: February 5, 2023, 2:14 pm
COLLETON COUNTY, S.C.– Two separate rounds of testimony took place Friday in the Alex Murdaugh murder trial. Palmetto State Bank CEO Jan Malinowski testified to Murdaugh's dire financial situation and unusual banking habits, saying he was over $4 million in debt in August of 2021. Tony Satterifeild— the son of Murdaugh's late housekeeper who died at Moselle in...
Posted: February 4, 2023, 12:57 pm
For much of disgraced South Carolina attorney Alex Murdaugh’ s double murder trial, witnesses have talked about a generous and loving man— but prosecutors want jurors to know that same man stole over $4 million from his housekeeper’ s relatives after she died at work, and killed his wife and son to cover up his crimes. “Did you ever get one cent from Alex Murdaugh?
Posted: February 3, 2023, 6:02 pm
Chris Wilson was one of Alex Murdaugh’ s closest friends, until he says his former law school roommate stole $192,000 from him. Wilson testified in an“ in camera” hearing, meaning the jury was not present to hear Wilson speak as Judge Clifton Newman weighs what testimony the prosecution can present to Murdaugh’ s motive in the alleged murder of his wife and son.
Posted: February 3, 2023, 11:25 am
COLLETON COUNTY, S.C.– Several witnesses testified Thursady without the jury present about Alex Murdaugh's alleged financial crimes as the state seeks to establish a motive in his murder trial. Murdaugh is accused of killing his wife Margaret and youngest son Paul at their family property in June of 2021.. Judge Clifton Newman will have to decide what— if any—...
Posted: February 3, 2023, 11:24 am
Equitable has announced the launch of an enhanced version of its Market Stabilizer Option.
Posted: February 2, 2023, 3:15 pm
District Judge Max Cogburn last week granted an unopposed motion by attorneys for Lindberg co-defendant John Gray to postpone a March retrial until November, after conferring with the prosecution. "All parties have conferred and, by this instant Supplemental Motion, are requesting a peremptory setting of the Court's criminal jury term in Charlotte dated...
Posted: February 2, 2023, 1:15 pm
The West Virginia House of Delegates advanced a bill Friday to exempt life insurance payouts from being taken during bankruptcy proceedings. It now goes to the Senate. Delegate Steve Westfall, R-Jackson, a State Farm Insurance agent, is the lead sponsor of the bill.
Posted: February 1, 2023, 9:49 am
NAIFA’s Future Leaders program consists of four 45-minute online sessions featuring highly successful insurance and financial professionals.
Posted: January 31, 2023, 7:28 pm
Balzofiore joined Standard Security Life in 1980 as a member of the internal audit team.
Posted: January 31, 2023, 7:15 pm
A state agent insisted Tuesday he heard a possible confession from Alex Murdaugh even after defense attorneys for the disgraced South Carolina lawyer slowed the audio down during Murdaugh's double murder trial. State Law Enforcement Division Senior Special Agent Jeff Croft testified he was“ 100% confident” Murdaugh said“ I. " That could be interpreted as a...
Posted: January 31, 2023, 6:24 pm
Loss affects all aspects of grieving families’ lives, including their health and well-being: 93% of people who have experienced loss report suffering from at least one physical or mental symptom.
Posted: January 31, 2023, 4:45 pm
The companies of National Life Group are expanding their suite of living benefits, adding Alzheimer’s Disease and a new fertility journey rider beginning Jan. 28.
Posted: January 31, 2023, 4:41 pm
Defense attorneys in South Carolina attorney Alex Murdaugh's double murder trial continued Monday to question the way state agents collected and analyzed evidence in the shooting deaths of Murdaugh's wife and son. Murdaugh, 54, is standing trial on two counts of murder in the shootings of his wife and son at their Colleton County home and hunting lodge on...
Posted: January 31, 2023, 2:53 am
American International Group today announced that it terminated Mark Lyons from his position as AIG’s interim chief financial officer and...
Posted: January 30, 2023, 10:45 pm
Defense attorneys in South Carolina attorney Alex Murdaugh's double murder trial continued Monday to question the way state agents collected and analyzed evidence in the shooting deaths of Murdaugh's wife and son. Murdaugh, 54, is standing trial on two counts of murder in the shootings of his wife and son at their Colleton County home and hunting lodge on...
Posted: January 30, 2023, 8:13 pm
Life insurance can provide the peace of mind that comes from knowing your family will be taken care of when you’ re no longer there to support them.Despite the misconception that the best life insurance is inaccessible to most of us, policies can actually be quite affordable. For example, a healthy 35- year-old female could potentially qualify for a 20- year term...
Posted: January 30, 2023, 5:34 pm
Alex Murdaugh's comments to police about his whereabouts around the time his wife and son were fatally shot may not have been accurate, according to video evidence presented by prosecutors Friday at the South Carolina attorney's murder trial. Murdaugh, 54, is standing trial on two counts of murder in the shootings of his wife and son at their Colleton County...
Posted: January 30, 2023, 11:40 am
After 19 months of speculation, prosecutors finally laid out their evidence Wednesday that Alex Murdaugh killed his wife and son as they opened the double murder trial for the disgraced South Carolina attorney. Waters opened the trial with three minutes of graphic description of the scene where the bodies of Maggie Murdaugh, 52, and her son, Paul, 22, were found...
Posted: January 28, 2023, 12:51 pm
The first officer to arrive after Alex Murdaugh called 911 to report his wife and son were seriously hurt noted at the attorney's double murder trial Thursday that the suspect was upset but that he had no tears in his eyes. Daniel Greene's body camera footage from the crime scene at Murdaugh's South Carolina hunting lodge on June 7, 2021. The footage shows Greene...
Posted: January 27, 2023, 12:36 pm
The transaction includes a broad strategic partnership agreement aimed at aligning the interests of the two organizations, including an arrangement whereby Securian Financial will distribute its individual life and annuity products through Cetera’s affiliated financial professionals.
Posted: January 26, 2023, 2:40 pm
—Alex Murdaugh claims Curtis "Cousin Eddie" Smith is responsible for the death of his wife and son. I firmly believe that was what was gonna happen, " Aimee Zmroczek said Monday during an appearance on" Banfield. " But Murdaugh's attorneys now say that the man, who is known as "Cousin Eddie" to many, failed a lie detector test when asked if he killed Maggie and Paul Murdaugh.
Posted: January 26, 2023, 2:39 pm
After 19 months of speculation, prosecutors finally laid out their evidence Wednesday that Alex Murdaugh killed his wife and son as they opened the double murder trial for the disgraced South Carolina attorney. Waters opened the trial with three minutes of graphic description of the scene where the bodies of Maggie Murdaugh, 52, and her son, Paul, 22, were found...
Posted: January 26, 2023, 12:37 pm
WALTERBORO, S.C.— As prosecutors and defense lawyers prepare to choose a jury for South Carolina attorney Alex Murdaugh's murder trial, a judge decided to wait until the issues come up at trial to decide whether jurors hear evidence about blood spatter or other crimes Murdaugh is charged with. Prosecutors want to present voluminous evidence of Murdaugh's bad...
Posted: January 25, 2023, 9:50 am
Lincoln Financial Group continues to advance the life insurance business model while improving the customer experience with the introduction of Lincoln WealthAccelerate SM, an indexed universal life product offering a fully digital and automated experience to consumers. “Today’ s life insurance customer is changing– they’ re digitally savvy, expect...
Posted: January 24, 2023, 3:04 pm
U.S. insurers are expected to increase their risk tolerance and grow portfolio allocations to private assets amid their concerns about higher market volatility and inflation, according to a new survey of U.S. life and property & casualty (P&C) insurers, sponsored by leading global insurance asset management firm Conning.
Posted: January 24, 2023, 2:00 pm
—South Carolina's Lowcountry, known for its coastal waterways and salt marshes, and part of the Deep South a century ago, is now a bustling spot for tourists attracted to the historic cities of Charleston and Savannah. It's a small community, where everyone knows everyone— which means everyone knows Alex Murdaugh. Jury selection begins as Alex Murdaugh stands...
Posted: January 24, 2023, 12:30 pm

Posted: January 24, 2023, 11:30 am
As his life unraveled over the past two years, disgraced South Carolina attorney Alex Murdaugh didn't fight giving up his law license and said he made plenty of mistakes tied to missing client money and a financial mess that led to 100 criminal charges. Here's an overview of the trial and the scene surrounding it as hundreds of lawyers and their support staff,...
Posted: January 23, 2023, 3:53 pm
For the next few weeks, journalists, crime experts, witnesses and legions of the simply curious will pour into the usually unhurried town of Walterboro in South Carolina's Lowcountry to cover what's been called the "trial of the century:" The double murder trial of disgraced lawyer Alex Murdaugh. More than 100 journalists alone and their support staffs,...
Posted: January 23, 2023, 3:53 pm
The National African American Insurance Association launched the second installment to its research on Blacks/African Americans in the insurance industry: “The Next Steps on the Journey: Has Anything Changed?”
Posted: January 19, 2023, 3:21 pm

Posted: January 18, 2023, 9:38 pm

Posted: January 16, 2023, 11:00 am
More than four in 10 consumers go online or use an app when shopping for life insurance, according to a new TransUnion report.
Posted: January 12, 2023, 8:31 pm

Posted: January 11, 2023, 5:00 pm
The American Armed Forces Mutual Aid Association announced the addition of two new life insurance products, BeyondBasic and Simple Term.
Posted: January 11, 2023, 4:51 pm
Following record breaking growth in 2020 and 2021, U.S. life insurance application activity finished 2022 with year-to-date activity down -5.5%, according to the MIB Life Index.
Posted: January 10, 2023, 7:21 pm
While Americans worry about the rising cost of living, not saving enough, and taxes, those in the “middle market” who own cash value life insurance are less likely to be worried about these financial concerns, according to the latest study from Allianz Life.
Posted: January 10, 2023, 4:30 pm

Posted: January 9, 2023, 12:00 pm
Transamerica announces the availability of the Transamerica Financial Choice IUL, a new index universal life insurance policy to protect beneficiaries while providing flexibility and opportunity for tax-advantaged supplemental income.
Posted: January 6, 2023, 9:32 pm
DURHAM, NORTH CAROLINA, UNITED STATES, December 23, 2022/ EINPresswire.com/-- Greg Lindberg responded today to false allegations about him that were included in the Justice Department’ s criminal filing against Christopher Herwig“ I invested over $500 million in my insurance companies. I was not one of those individuals,” said Lindberg.“ The government is claiming...
Posted: December 23, 2022, 12:20 pm

Posted: December 23, 2022, 12:00 pm
Disbarred South Carolina attorney Alex Murdaugh will not face the death penalty when he’ s tried next month for the shooting deaths of his wife and younger son in 2021.. Murdaugh was the leader of a prominent upcountry South Carolina family whose patriarchs had been attorneys for centuries. “After carefully reviewing this case and all the surrounding facts, we...
Posted: December 22, 2022, 4:44 pm
Shareholders of four JPMorgan Insurance Trust Portfolios will be asked to approve a proposal to merge the JPM VITs into four corresponding, newly formed series of Lincoln Financial Variable Insurance Products Trust.
Posted: December 19, 2022, 2:56 pm
A judge will determine whether evidence of disbarred South Carolina attorney Alex Murdaugh's alleged financial crimes are admissible in an upcoming double-murder trial that has drawn worldwide attention for its bizarre twists. In a hearing in Colleton County on Friday, prosecutors and defense attorneys debated the relevance of those years of alleged...
Posted: December 19, 2022, 1:59 pm
Rising rates have been largely favorable for U.S. life insurer investment portfolios, driving higher investment income as reinvestment rates exceed book yields, helping to mitigate macroeconomic headwinds, market volatility and the heightened probability of mild recession in 2023, Fitch Ratings says.
Posted: December 15, 2022, 4:38 pm

Posted: December 15, 2022, 12:00 pm
While most Americans understand the importance of talking about grief, people are growing tired of discussing death and loss, according to new research from the New York Life Foundation, released today.
Posted: December 14, 2022, 9:08 pm
First, he said he will order that an oil painting of Murdaugh’ s legendary prosecutor grandfather, Buster Murdaugh, be removed from the back wall of the Colleton County courtroom where his grandson’ s double murder trial will take place, starting Jan. 23. Colleton County is in that five-county circuit. Spatter is crucial to the prosecution case because they have...
Posted: December 12, 2022, 12:31 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...