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Life Insurance News
The following information was released by the State of Delaware:. Outlines regulatory review process and use of outside experts as it evaluates Aquarian Capital's application. DOVER, DE The Delaware Department of Insurance is reviewing an application from Aquarian Capital LLC and its affiliates to acquire control of Brighthouse Life Insurance Company...
The post DELAWARE INSURANCE DEPARTMENT DETAILS REVIEW OF BRIGHTHOUSE ACQUISITION appeared first on Insurance News | InsuranceNewsNet.
DALLAS& WEST DES MOINES, Iowa---- Sammons Enterprises, Inc. and Sammons Financial Group are aware of public reports that attempt to link SEI and SFG to reported investigations regarding Guggenheim and certain of its affiliates. We are not affiliated with Guggenheim Capital LLC, Group 1001 Inc, Delaware Life Insurance Company, Clear Spring Life and Annuity Company,...
The post Sammons Enterprises & Sammons Financial Group Respond to Reports appeared first on Insurance News | InsuranceNewsNet.
One-time insurance mogul and convicted fraudster Greg Lindberg saw more avenues to appeal a $1.6 billion restitution order close last week.
The post Court losses bring Greg Lindberg fraud victims closer to restitution appeared first on Insurance News | InsuranceNewsNet.
The National Association of Insurance and Financial Advisors announced that Robert M. Nelson, CLU, LUTCF, FSS, of Omaha, Nebraska, has been selected as the 2026 John Newton Russell Memorial Award recipient.
The post NAIFA Past President Robert M. Nelson to receive the life insurance industry’s highest honor appeared first on Insurance News | InsuranceNewsNet.
Prudential Financial, Inc. today introduced Prudential Protection IUL, the newest indexed universal life insurance policy from its Individual Life Insurance business. Protection IUL delivers a lifelong death benefit, with the flexibility to access cash value over time for goals such as covering unexpected expenses or addressing future health-related...
The post Prudential Introduces Protection IUL, Expanding Its Indexed Universal Life Lineup With More Flexible Options for Today’s Customers appeared first on Insurance News | InsuranceNewsNet.
The ratings also recognise the wide range of support provided by KB Indonesia’ s parent, KB Insurance Co., Ltd., which is fully owned by KB Financial Group Inc.. The company’ s underwriting profit is supported mainly by business from Korea Interests Abroad and KB Group affiliates, while other local business adds moderate volatility. Despite deterioration in...
The post AM Best Affirms Credit Ratings of PT KB Insurance Indonesia appeared first on Insurance News | InsuranceNewsNet.
The Westaim Corporation today announces its unaudited financial results for the quarter ended June 30, 2026. Westaim recorded a net loss of $81.5 million for Q2 2026 compared to a net loss attributable to controlling interests of $0.2 million for Q2 2025.. Westaim also announced today that Deanna Mulligan, Chief Executive Officer of Ceres Life, will...
The post Westaim Reports Q2 2026 Results for the Quarter Ended June 30, 2026 and Leadership Update for Ceres Life Insurance Company appeared first on Insurance News | InsuranceNewsNet.
John Unruh was convicted of committing a fraudulent insurance act with an attempt over $50,000 that carries a maximum sentence of 10 years in prison at a one-day trial held May 12. Unruh, 42, reportedly took out a $225,000 life insurance policy through Mutual of Omaha on his wife, Jade, in April 2025, about two months after she had died of influenza and pneumonia on...
The post Bismarck man convicted of insurance fraud involving dead wife sentenced to prison appeared first on Insurance News | InsuranceNewsNet.
Regulators want to end the blind reliance on credit ratings to help ensure that insurers are not hiding high-risk assets.
The post Insurers, rating firms push back on NAIC credit rating oversight plan appeared first on Insurance News | InsuranceNewsNet.
The Manhattan Life Insurance Company announced that it completed the acquisition of Union Security Life Insurance Company of New York from Assurant, Inc. in March 2026. Founded in 1971, Union Security Life Insurance Company of New York offers life insurance, annuities, and accident and health products in the State of New York. The Company offers a diversity of...
The post The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York appeared first on Insurance News | InsuranceNewsNet.
Symetra Life Insurance Company today announced that it has been named to the 2026 PEOPLE ® Companies That Care List™, coming in at No. 80 among the 100 organizations recognized. “We are very proud to once again be recognized by PEOPLE and Great Place to Work. Investing in our employees and in our communities and creating positive impact has always been a defining...
The post Symetra Named to PEOPLE® Companies That Care™ List for Second Consecutive Year appeared first on Insurance News | InsuranceNewsNet.
Total U.S. individual life insurance new annualized with excess premium rose 3% year over year to $4.7 billion in the...
The post LIMRA: Individual life sales continue growth trend in Q2, led by whole life and VUL appeared first on Insurance News | InsuranceNewsNet.
New York Life today recognized 20 recipients of its 2026 Golden Futures Scholarship, awarding $10,000 and $20,000 scholarships to rising college students from across the United States while expanding the program to include professional development, career exploration and networking opportunities with New York Life employees. The company celebrated...
The post New York Life Awards 20 Golden Futures Scholarships, Expanding Student Support Through Financial Education and Career Development appeared first on Insurance News | InsuranceNewsNet.
Winston-Salem did not emerge overnight as a Southern business center. For more than a century, tobacco, textiles, banking, manufacturing, food production, insurance, and technology formed the economic backbone of Winston-Salem. Companies such as R.J. Reynolds Tobacco, HanesBrands, Wachovia, BB&T, Inmar Intelligence, Garner Foods, Krispy Kreme, Dewey's Bakery,...
The post Built to Last: Winston-Salem—a quiet industrial powerhouse appeared first on Insurance News | InsuranceNewsNet.
Longer lives, fewer births and an unprecedented concentration of wealth among older Americans are reshaping the demand for financial protection products.
The post The silver economy ushers in a new era of life insurance growth appeared first on Insurance News | InsuranceNewsNet.
Across key areas of retirement and protection planning, families are making assumptions instead of having conversations.
The post Family communication: Financial planning’s growing blind spot appeared first on Insurance News | InsuranceNewsNet.
Indiana lawmakers will likely consider requiring more disclosures from insurance companies about their exposure to private credit funds due to the role that the state plays as a backstop for some insurance policies. Two independent investment analysts pushed for more oversight of the financial asset class at the state Interim Study Committee on...
The post Indiana eyes more oversight of insurance companies' exposure to private credit appeared first on Insurance News | InsuranceNewsNet.
Governor Maura Healey's Division of Insurance announced today that nine health and dental insurance carriers will return $14.5 million to hundreds of thousands of Massachusetts consumers through rebates required under the state's health and dental insurance laws. For the first time, Massachusetts is requiring dental insurance companies to issue...
The post HEALEY-DRISCOLL ADMINISTRATION RETURNS $14.5 MILLION TO HEALTH AND DENTAL INSURANCE CONSUMERS AND BUSINESSES appeared first on Insurance News | InsuranceNewsNet.
Shareholders of both companies approved the Equitable-Corebridge merger on July 30, with more than 97% voting in favor.
The post ‘Uniquely positioned’: Equitable outlines future post-Corebridge merger appeared first on Insurance News | InsuranceNewsNet.
Fred and Wilma Flintstone are living the high life. Fred has a one million life insurance policy from " The Rock Insurance Company." Louisiana law recognizes a simple principle; if someone pays you money by mistake that you were never legally entitled to receive, the person who made the payment can generally recover it.
The post Don't keep checks with clerical errors appeared first on Insurance News | InsuranceNewsNet.
When everyone claims the same edge, no one has an edge.
The post The insurance distributor that builds its own software will win the next decade appeared first on Insurance News | InsuranceNewsNet.
For the second quarter ended June 30, 2026, iA Financial Group recorded core earnings† of $330 million and core diluted earnings per common share†† of $3.68, which is 5% higher than the same period in 2025, when insurance experience was very favourable. “Our diversified business model continued to demonstrate its strength in the second quarter, as broad-based...
The post iA Financial Group Reports Second Quarter Results appeared first on Insurance News | InsuranceNewsNet.
Most employers want to invest in their people, but intention alone doesn’t solve for execution.
The post Supporting small businesses starts with smarter benefits conversations appeared first on Insurance News | InsuranceNewsNet.
Judge Sherilyn Peace Garnett gave the 29 plaintiffs one final opportunity to revive several fraud-related claims through an amended complaint.
The post Judge again tosses Penn Mutual whole life lawsuit alleging tax scam appeared first on Insurance News | InsuranceNewsNet.
For years, the technology ran ahead of regulation. That era is closing.
The post Declined by a machine? The end of the unexplainable no appeared first on Insurance News | InsuranceNewsNet.
AM Best has revised the outlooks to negative from positive and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the following subsidiaries of Group 1001 Insurance Holdings, LLC: Delaware Life Insurance Company and Clear Spring Life and Annuity Company. These companies are referred to as the Group 1001 Life& Annuity...
The post AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC appeared first on Insurance News | InsuranceNewsNet.
The decision continues a summer winning streak for life insurers in stranger-originated life insurance, or STOLI, cases.
The post Court sides with Ameritas in denying $4M STOLI payout to Wells Fargo appeared first on Insurance News | InsuranceNewsNet.
The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity Company of California; Blue Ridge Indemnity Company; Fortegra Specialty Insurance Company; and Fortegra Europe Insurance Company SE. In addition, AM Best has removed from under review with positive...
The post AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of The Fortegra Group, Inc.’s Insurance Subsidiaries appeared first on Insurance News | InsuranceNewsNet.
Delos Harley Yancey, Jr., age 92, passed away peacefully July 28, 2026, at his home in Rome, Georgia surrounded by loving family. Mr. Yancey was born July 6, 1934, in Atlanta, Georgia, son of Delos Harley Yancey, Sr. and Elizabeth Beauchamp Yancey. As Chairman, President and CEO of State Mutual Insurance Company, he spearheaded transformative milestones such as merging...
The post Yancey Jr., Delos Harley appeared first on Insurance News | InsuranceNewsNet.
Wilde Wealth Management Group, an award-winning financial services firm that provides comprehensive retirement, investment, real estate, insurance, legal and tax planning services all under one roof, is pleased to announce that veteran financial advisor Vincent Esparza, CFP, CLU, has joined the firm as senior wealth advisor. Based in the Deer Valley Airpark,...
The post Vincent Esparza CFP, CLU joins Wilde Wealth Management Group as Senior Wealth Advisor appeared first on Insurance News | InsuranceNewsNet.
The agenda featured topics such as: the 340B Drug Pricing Program; autonomous vehicles; artificial intelligence; tort reform; developments in the flood insurance marketplace; insurance affordability and availability; charity care and medical debt reforms; innovations in disease screening and testing; insurers’ use of aerial imaging; and more.
The post NCOIL summer meeting sets attendance record appeared first on Insurance News | InsuranceNewsNet.
Mercer Advisors, Inc., a national wealth management and financial planning firm, today unveils the second generation of Aspen, its proprietary, artificial intelligence- enabled ecosystem that powers its full-spectrum family office offering. Mercer Advisors built Aspen as a family office platform, to support its advisory teams in local markets in delivering...
The post Mercer Advisors Unveils Second Generation of Aspen, its AI-Enabled Platform for Fiduciary Family Offices appeared first on Insurance News | InsuranceNewsNet.
Lincoln Financial today announced that it has entered into an agreement with Talcott Financial Group under which Lincoln will cede approximately $5.8 billion of in-force GUL statutory reserves, representing approximately 37% of Lincoln’ s remaining in-force guaranteed universal life block to a Talcott subsidiary. In connection with the transaction,...
The post Lincoln Financial Announces Reinsurance Transaction with Talcott appeared first on Insurance News | InsuranceNewsNet.
HACKENSACK, N.J., July 29, 2026/ PRNewswire-PRWeb/-- Paperclip, the leading secure data exchange platform for the insurance and financial services industry, announced today that National Life Group has joined its growing carrier network. The partnership enables distribution partners across the Paperclip ecosystem to seamlessly send Informal business to...
The post Paperclip Partners with National Life Group to expand Secure Data Exchange and Carrier Network for Distribution appeared first on Insurance News | InsuranceNewsNet.
2026 JUL 28-- By a News Reporter-Staff News Editor at Insurance Daily News-- According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ DIGITAL ADVISOR SUCCESS HUB” by DAVID J. DAVIS BAKER& MCKENZIE LLP, representing Jackson National Life Insurance Company. This application was made available to...
The post Trademark Application for “DIGITAL ADVISOR SUCCESS HUB” Filed by Jackson National Life Insurance Company: Jackson National Life Insurance Company appeared first on Insurance News | InsuranceNewsNet.
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A+ and the Long-Term ICRs of“ aa” of Tennessee Farmers Mutual Insurance Company and its affiliate, Tennessee Farmers Assurance Company, which are members of Tennessee Farmers Insurance Companies.
The post AM Best Revises Issuer Credit Rating Outlook to Stable for Members of Tennessee Farmers Insurance Companies appeared first on Insurance News | InsuranceNewsNet.
Unum Group today reported net income of $256.9 million for the second quarter of 2026, compared to net income of $335.6 million for the second quarter of 2025.. Included in net income for the second quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $5.2 million, strategic actions impact of $30.7 million before tax, and...
The post Unum Group Reports Second Quarter 2026 Results appeared first on Insurance News | InsuranceNewsNet.
Delaware Life Insurance Company, a leading provider of innovative and customizable financial solutions, today launched TrackGuard+™, a bonus fixed index annuity that combines a high upfront premium bonus, a strong lineup of index crediting strategies, enhanced in-contract liquidity, and principal protection in a single solution. “Many of today's savers want...
The post Delaware Life Launches a New Bonus Fixed Index Annuity Built for Growth, Protection, and Flexibility appeared first on Insurance News | InsuranceNewsNet.
Life insurance and annuity sales hit records in 2025 and there’s every indication that those products will continue to see strong growth through the end of this year.
The post LIMRA predicts strong life and annuity sales for the rest of 2026 appeared first on Insurance News | InsuranceNewsNet.
The Best’ s Market Segment Report,“ Market Segment Outlook: Vietnam Non-Life Insurance,” states that the country’ s positive macroeconomic performance has been underpinned by buoyant electronic exports, and increasing foreign direct investment, driven by the global investment boom in artificial intelligence-related technology and infrastructure.
The post Best’s Market Segment Report: AM Best Maintains Stable Outlook on Vietnam’s Non-Life Insurance Segment appeared first on Insurance News | InsuranceNewsNet.
AM Best has commented that the Credit Ratings of Horace Mann Educators Corporation and its subsidiaries remain unchanged following the announcement of its transaction with Medical Mutual of Ohio to acquire Employee Services, LLC and Reserve National Insurance Company. Additionally, Horace Mann will reinsure MedMutual Life Insurance Company’ s group...
The post AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio appeared first on Insurance News | InsuranceNewsNet.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Hanwha General Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect HGI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and...
The post AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited appeared first on Insurance News | InsuranceNewsNet.
Globe Life reported higher second-quarter earnings Wednesday, driven by continued underwriting strength and strong health sales.
The post Globe Life boosts Q2 earnings, eyes AI shift for long-term growth appeared first on Insurance News | InsuranceNewsNet.
The following information was released by the office of the Iowa Attorney General:. Here, Bristol Myers Squibb, a pharmaceutical company, moved their employee pension plan to Athene, an Iowa company under the regulation of the state of Iowa. "States, including Iowa, have an impeccable history of protecting pensions for retirees," said Attorney General Bird.
The post ATTORNEY GENERAL BRENNA BIRD LEADS FIGHT TO PROTECT IOWA PENSIONS appeared first on Insurance News | InsuranceNewsNet.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb+” and the Vietnam National Scale Rating of aaa.VN of Bao Viet Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings also factor in rating enhancement from BVGI’ s parent, Bao Viet Holdings, a major finance and insurance group in Vietnam.
The post AM Best Affirms Credit Ratings of Bao Viet Insurance Corporation appeared first on Insurance News | InsuranceNewsNet.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of“ aaa” of New York Life Insurance Company, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America, New York Life Group Insurance Company of NY and NYLIFE Insurance Company of Arizona. All companies are referred to as New York Life and...
The post AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries appeared first on Insurance News | InsuranceNewsNet.
The use of agentic AI in the insurance industry has positively impacted sales by empowering consumers and helping less experienced agents overcome barriers, according to an industry expert.
The post Agentic AI is transforming insurance sales both for consumers and agents appeared first on Insurance News | InsuranceNewsNet.
USAA Life Insurance Company is expanding its life insurance portfolio to serve families across generations with the launch of USAA Secure Start Whole Life.
The post USAA introduces Secure Start whole life program for children appeared first on Insurance News | InsuranceNewsNet.
According to the Best’ s Market Segment Report,“ Market Segment Outlook: South Korea Non-Life Insurance,” the country’ s regulatory environment supports the stable outlook as regulatory changes are strengthening capital quality, solvency resilience and consistency in IFRS 17 reporting. These efforts could support earnings diversification and long-term...
The post Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market appeared first on Insurance News | InsuranceNewsNet.
SPRINGFIELD, Ill.& CLEVELAND---- Horace Mann Educators Corporation and Medical Mutual of Ohio today announced they have entered into two separate agreements under which Horace Mann will acquire the employee assistance provider Employee Services, LLC through the acquisition of ESI membership interests, and separately, will acquire an individual...
The post Horace Mann Strengthens Customer Relationships and Accelerates Long-Term Growth Through Transactions with Medical Mutual of Ohio appeared first on Insurance News | InsuranceNewsNet.
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Carrier & Product News
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