AALU, GAMA are now called ‘Finseca’
Financial security professionals launch new organization to “help more Americans build and protect their financial future.”
Life Insurance
Direct-to-consumer channel drives slight increase in Q2 policy sales
Total U.S. individual life insurance new policy sales increased 2% in the second quarter 2020 but LIMRA says new annualized premium fell 5% from second quarter 2019.
Brooke is back: Life Insurance Awareness Month kicks off with Shields once again serving as spokesperson
This September, actress, model, designer, wife and mother Brooke Shields is back for a second year to instill the value of life insurance for U.S consumers during the annual awareness campaign.
Gerber Life fined $1.1 million for AD&D claims violations
In voluntary settlement agreement with the North Carolina Department of Insurance, Gerber pays $2.5 million in consumer recoveries.
Startup specializing in immediate online term coverage in the age of COVID
4NoExam.com launched as a “new approach to life insurance in the time of COVID” with coverage up to $1 million without a medical exam.
Importance of Life Insurance covered in ‘In Depth’ with Laurence Fishburne
Public television program helps educate on the reasons life insurance can be critical for families.
Record growth dominates virtually every category in July MIB Life Index
U.S. life insurance activity soars in July, led by applicants younger than 44.
SBLI launches final expense whole life product
The Savings Bank Mutual Life Insurance Company of Massachusetts has introduced a new Final Expense Whole Life Insurance policy that consists of a cash payment the beneficiary can use for more than just funeral costs.
Mutual of Omaha to retire corporate logo
Omaha-based insurer commits to additional efforts to address racial equity, social justice initiative.
DOL’s new investment advice proposal intends to replace vacated fiduciary rule
Agency says the measure, which aligns with SEC and NAIC best interest rules, will ensure financial advisors act in retirement savers’ best interests.
