Democrat Logan Johnson of Menlo filed paperwork in April to challenge Republican Eddie Lumsden for the state House District 12 seat in Floyd and Chattooga counties. The chair of the House Insurance Committee's biggest contribution, $2,500, came from the bipartisan American Council of Life Insurers in Washington, D.C.. Other major donors, at the $1,000 level,...

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U.S. SECURITIES AND EXCHANGE COMMISSION. MidCap Financial Investment Corporation, Apollo Debt Solutions BDC, Apollo Diversified Credit Fund, Apollo S3 Private Markets Fund, Middle Market Apollo Institutional Private Lending, Apollo Investment Management, L.P., Apollo Credit Management, LLC, Apollo Capital Credit Adviser, LLC, Apollo S3 RIC Management, L.P., AA...

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Nuveen Municipal Credit Opportunities Fund Table of Contents As filed with the U.S. Securities and Exchange Commission on October 11, 2024. Nuveen California AMT-Free Quality Municipal Income Fund. 333 West Wacker Drive Chicago, Illinois 60606.

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The Compulsory Third Party Insurance market is a critical segment of the global insurance industry, designed to provide essential coverage for individuals involved in motor vehicle accidents. As of 2022, the CTP insurance market was valued at approximately USD 762.62 billion and is expected to grow from USD 778.78 billion in 2023 to USD 940.4 billion by...

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Despite efforts to improve customer communications, life insurers are seen as unnecessarily complicating explanations of their policies.

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AM Best has upgraded the Financial Strength Rating to A from B++ and the Long-Term Issuer Credit Rating to“ a” from“ bbb+” of GIG Insurance- Egypt S.A.E.. GIG- Egypt is a strategically important subsidiary of GIG, representing its interests in Egypt. GIG- Egypt is expected to benefit from this merger, which will add significant additional capital resources to the company.

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The life insurance industry is at an inflection point. According to the J.D. Power 2024 U.S. “Life insurers are facing new communication challenges as they court younger consumers,” said Breanne Armstrong, director of insurance intelligence at J.D. Power.“ Currently, only 29% of life insurance customers‘ strongly agree’ that their insurer makes complex policies...

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Oct. 8— PINEVILLE, Mo.— A judge has sentenced Dawn Wynn to life without parole in the fatal shooting of husband Harold Wynn three years ago to collect $100,000 in life insurance. A McDonald County jury convicted the 50- year-old Anderson woman of first-degree murder and armed criminal action at a three-day trial in August, and Judge Kevin Selby assessed her the...

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ROCHESTER/ ROCHESTER HILLS/ OAKLAND TOWNSHIP— In the Post's coverage area, voters will decide various state, county and local races Nov. 5. For how long: Grew up in Michigan; I now live on my family farm. Education: Cornell University- College of Agriculture and Life Science, Bachelor's Degree and Columbia University- School of International and Public Affairs, Master...

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An FMO a compelling business model for a single-shingle agent, but is the model right for you?

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CC Capital to Invest USD $250 Million in Westaim at CAD $4.75 Per Share Bringing Total Investable Capital Base to Approximately USD $700 Million. Westaim to Invest in Cloud-Native, Highly Scalable Annuities Provider Ceres Life Insurance Company, and Remaining Interests in Arena Investors. NEW YORK& TORONTO---- CC Capital, a private investment firm focused on...

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Recent increases in market interest rates are leading some banks to consider surrendering their bank-owned life insurance to reinvest the proceeds (net of a tax charge) in a new BOLI policy with a higher yield.

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Oct. 8— PINEVILLE, Mo.— A judge has sentenced Dawn Wynn to life without parole in the fatal shooting of husband Harold Wynn three years ago to collect $100,000 in life insurance. A McDonald County jury convicted the 50- year-old Anderson woman of first-degree murder and armed criminal action at a three-day trial in August, and Judge Kevin Selby assessed her the...

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This preliminary prospectus supplement and the accompanying prospectus are not an offer to sell these securities, and we are not soliciting an offer to buy these securities, in any jurisdiction where the offer or sale is not permitted. Filed Pursuant to Rule 424 Registration No. 333-270053​ SUBJECT TO COMPLETION, DATED OCTOBER 8, 2024 Preliminary Prospectus...

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The Best’ s Market Segment Report,“ Market Segment Outlook: Indonesia Non-Life Insurance,” notes two moderating factors, including pressure that remains on underwriting conditions in core business segments and elevated pricing risk due to rapid growth of the electric vehicle market. “Given the regulatory push to implement the policy in 2025, motor insurance...

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The takaful insurance market, valued at $34.75 billion in 2023, is projected to experience significant growth, reaching $85.38 billion by 2032, with a CAGR of 9.41%. Takaful Emarat Insurance Company Hong Leong Assurance Ethica Takaful Insurance SALAMA Cooperative Insurance Company Tokio Marine Life Insurance Malaysia Solidarity Takaful Sudan AlRajhi...

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Upstream Holdings, Inc. announced it has received an investment grade rating of“ BBB-” from Egan-Jones Ratings Company, an independent, unaffiliated rating agency, during its rating surveillance period. Upstream Holdings, Inc. is rapidly growing insurance holding company that operates under the brand and trademark Upstream Life™. The Company provides best in...

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Life insurance application activity showed gains in the coveted younger age bands during September, according to the MIB Life Index.

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Corebridge Financial today announced the launch of Corebridge MarketLock ® Annuity, a registered index-linked annuity issued by its subsidiary American General Life Insurance Company. With MarketLock, Corebridge is expanding on what is already one of the broadest and most comprehensive annuity platforms in the industry,” said Bryan Pinsky, President of...

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AM Best will sponsor, exhibit and lead a session at the 28th Indonesia Rendez-Vous Conference, which is scheduled for 9-12 October 2024, in Bali, Indonesia. Chris Lim, associate director, analytics, will give a presentation on what AM Best’ s market segment outlook for Indonesia’ s non-life insurance segment will be heading into 2025 during the event, as well as a...

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AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Kansas City Life Insurance Company. Additionally, AM Best has revised the outlook of the Long-Term ICR to stable from negative and affirmed the FSR of B++ and the Long-Term ICR of“ bbb+” of Old American Insurance...

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New York Life today announced that Vikas Sharma and Achuth Rao have joined the company’ s Artificial Intelligence& Data team as chief data officer and head of AI&D product management, respectively. With more than two decades of experience in data and digital transformation, Sharma joins New York Life in this new role from Farm Credit Bank of Texas.

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A Missouri appellate court upheld a $28.4 million award last week in a class-action lawsuit over the accumulated cash value of universal life policies.

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Document $500,000,000 F&G Annuities& Life, Inc. 6.250% Senior Notes due 2034 We are offering $500,000,000 aggregate principal amount of our 6.250% senior notes due 2034. "If we experience a Change of Control and a Below Investment Grade Rating Event, as described under" Description of the Notes-Repurchase upon Change of Control Triggering Event, "we will be...

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According to LIMRA’s workplace benefits sales surveys, U.S. workplace supplemental health product sales ― accident, critical illness, cancer, hospital indemnity, and other supplemental health insurance products ― totaled $550 million in the second quarter, a 6% increase over second quarter 2023.

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LIMRA discusses the factors that will drive life insurance growth, as well as some challenges for carriers and agents.

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--Nidhi Bhawsar PUNE, MAHARASHTRA, INDIA, September 30, 2024/ EINPresswire.com/-- According to HTF Market Intelligence, the Global Burial Insurance market to witness a CAGR of 7.19% during the forecast period. The Latest Released Burial Insurance Market Research assesses the future growth potential of the Burial Insurance market and provides information and...

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--The Penn Mutual Life Insurance Company is pleased to announce that the Penn Mutual Board of Trustees has approved a record $265 million dividend award in 2025 to participating policyholders. Dividends are a key measure of a mutual company's performance, and our dividend history remains one of the strongest and most consistent in the industry.

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Returning value to policyowners who hold Northwestern Mutual insurance products is an annual tradition for the company, which has paid a dividend every year since 1872. 1. Northwestern Mutual's 2025 dividend is expected to surpass its 2024 payout by more than $800 million and adds to an overall total now more than $160 billion. "This historic dividend payout...

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This strategic partnership will bring TDC under the Vanbridge Life& Executive Benefits umbrella and significantly enhance EPIC’ s market presence in the life insurance industry. With a legacy dating back to 1958, TDC has a rich history of excellence in life insurance. Under the visionary leadership of Cleves Delp, TDC has set the standard among independent...

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The American Council of Life Insurers elected its new chair, officers and board of directors during the 2025 ACLI Annual Conference in Chicago.

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This preliminary prospectus supplement and the accompanying prospectus are not an offer to sell these securities and they are not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. Subject to completion, dated October 1, 2024$ F&G Annuities& Life, Inc.% Senior Notes due 20 We are offering$ aggregate...

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A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. Subject to Completion, dated October 1, 2024. Prospectus Supplement to Prospectus dated January 28, 2022.

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BELLEVUE, Wash.& WASHINGTON---- Symetra Life Insurance Company today announced a new initiative between its Retirement Division and the Insured Retirement Institute that will focus on understanding and advancing allyship in the financial services industry. The research agreement was unveiled by Andrew Farrell, senior vice president, Retirement Sales and...

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New York Life today announced a $100,000 donation to SCAN Harbor, the largest youth service provider in Harlem, East Harlem and the South Bronx, through the Company’ s Strikeout Series partnership with the New York Yankees. Heather Nesle, president of the New York Life Foundation, Dominick Kortkamp, managing partner of the Manhattan General Office and Cyrielle...

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Security Benefit Life Insurance Company today introduced the TopRidge Bonus Annuity that delivers a combination of a 20% premium bonus, a broad set of index crediting strategies, and a cumulative withdrawal option. “We are excited to offer the new TopRidge Bonus Annuity which is packed with features to help financial professionals jumpstart the...

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The implementation accelerates HGR's complete core transformation for Life& Pensions. Uxbridge, UK, September 30, 2024- Sapiens International Corporation,, a leading global provider of software solutions for the insurance industry, announced today that South Africa's Hollard Group Risk, a division of Hollard Life Insurance Company Limited, has gone live...

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Cigna Health and Life Insurance Company allegedly failed to reimburse employees for required business expenses. TULARE, Calif., Sept. 28, 2024/ PRNewswire-PRWeb/-- The Los Angeles employment law attorneys, at Blumenthal Nordrehaug Bhowmik De Blouw LLP, filed a class action complaint alleging that Cigna Health and Life Insurance Company violated the...

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U-Haul Holding Company, parent of U-Haul International, Inc., North America’ s largest“ do-it-yourself” moving and self-storage company will participate in the 10 th Annual Evercore ISI Storage Symposium in New York City on Tuesday, October 1, 2024. U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company,...

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Jackson was recognized for its outstanding associate volunteerism in 2023, where 48% of associates participated in volunteer opportunities throughout the year. Jackson has long valued a culture of philanthropy and in 2023, Jackson established a first ever, firm-wide goal to achieve 30% of its approximately 3,840 associates participating in volunteer...

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Zinnia, a leading life& annuity insurance technology services company, and LPL Financial announced today a strategic relationship providing LPL’ s network of more than 23,000 financial advisors a simplified way to find, recommend, fulfill, and service life insurance for their clients. *As reported by Financial Planning magazine, 1996-2023, based on total...

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As open enrollment season for employees across the U.S. begins, a new survey from New York Life's Group Benefit Solutions highlights the crucial role of supplemental health insurance in employees' financial well-being and overall peace of mind. "Our survey has identified a strong link between supplemental health benefits and employees' sense of financial...

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AM Best will lead a session focused on strong trends in the annuity market at the American Council of Life Insurers Annual Conference, which takes place, Sept. 25-27, 2024, in Chicago. Ken Frino, managing director, and Michael Porcelli, senior director, both of AM Best, will deliver the presentation, titled,“ Annuity Market Soars- New Entrants Bring Capacity and...

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Following recent market volatility, the majority of Americans want to reduce risk in their financial strategy and bolster their portfolio against future volatility, according to the 2024 Q3 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America. Many Americans are addressing the risk of market volatility in their...

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The National Association of Insurance and Financial Advisors presented NAIFA’s Defender of Financial Freedom Award to Susan Neely, president and CEO of the American Council of Life Insurers.

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AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aa+” of Massachusetts Mutual Life Insurance Company and its life/health subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings of“ aa-” on the surplus notes of...

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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 key life/health insurance and annuity operating subsidiaries of Wilton Re Ltd., collectively referred to as Wilton Re. AM Best also has affirmed the Long-Term ICRs of“ a-” of WRL. CPP Investments is a financially strong organization that manages...

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Troubled financier Greg Lindberg is appealing a $166 million award to a Dutch insurer in a dispute over solvency capital ratios.

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Overview of the Burial Insurance Market. With the rising costs of funerals, which can range from $7,000 to $12,000 or more in certain areas, burial insurance provides an affordable means for people to relieve their families of the financial burden when they pass away. Premiums for burial insurance are generally lower, but the death benefit is also smaller,...

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Generation Z is the newest generation to reach adulthood and the thought of dealing with insurance makes them overwhelmed and anxious.

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