FSOC announces rescission of Prudential’s Nonbank Financial Company Designation. Prudential joins other non-bank entities GE Capital, AIG and MetLife in shedding the label.
United of Omaha, a Mutual of Omaha company, last week announced Guaranteed Plus Whole Life insurance, a new life insurance policy with a no-additional-cost rider intended to help simplify the funeral planning process for consumers.
State Farm ranks highest in customer satisfaction for fifth consecutive year in annual J.D. Power study, which finds focusing on the consumer experience, as opposed to the point of sale, drives higher customer satisfaction.
Burdened by student loans and other concerns, more young families are delaying buying life insurance, according to a new survey released at InsureTech Connect.
This week’s event in Las Vegas drew around 5,000 attendees, who were able to learn about lots of new products and initiatives being launched by startups.
Acknowledging the ever-increasing impact technology is having on the industry, a roster of innovators will demonstrate solutions making their way into life insurance to solve the needs of consumers.
An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.
Showing workers their retirement savings as income estimates, financial professionals can help make sure workers are saving enough and confident in their ability to lead the retirement lifestyle they want.
In an effort “to incentivize longer, healthier lives,” Boston-based insurer expands program to all new policies sold, and will add the benefits in over time to existing policies.