Women, Gen-Xers most in need of education about benefits of permanent life coverage
Allianz Life’s 2019 Life Insurance Needs Study identifies opportunity for agents to assist underserved groups.
Life Insurance
Strong June life application activity brings MIB composite index into positive territory halfway into 2019
Credit goes to Americans 60 and older, with the age group’s activity spiking 15.6% in June 2019.
Agent-friendly tool for calculating annuity and life plans introduced
A practical new calculator is helping independent agents show their annuity and life insurance clients the tax benefits of two products over one.
TIAA to stop selling life insurance by end of 2019
Move seen as bad news for RIAs, but company memo says the firm’s much bigger annuity business will be unaffected by the strategic decision.
Life insurers increasingly embrace predictive analytics to elevate their business
Many carriers already realizing significant positive impact from investing in predictive analytics.
Investors Heritage nabs title of ‘Fastest Growing U.S. Life and Annuity Insurer’
New report from S&P Global ranks companies based on both direct and net business volumes. Companies also had to have seen at least 25% growth in direct first-year and single premium business as a measure of new production to be considered.
N.J. Supreme Court voids STOLI policies
Ruling finds stranger-originated life insurance violates public policy and are void at the outset.
SEC adopts Regulation BI in 3-1 vote
The Securities and Exchange Commission (SEC) voted in favor of adopting a final amended version of the Regulation Best Interest rulemaking package on Tuesday, drawing praise from the insurance industry.
Industry advocates take victory lap after House passes SECURE Act
After House passes the landmark retirement reform legislation with overwhelming bipartisan support, advocacy groups release statements urging Senate to do the same.
Individual life sales rise slightly in Q1 despite fewer policies sold
Latest LIMRA data finds fixed UL sales dropped 15%; indexed UL new annualized premium grew 9% in the first quarter.
