Palmer begins term as NAILBA Chairman as association introduces 2019 leadership
New and continuing leadership for Board of Directors at association and its charitable foundation formally announced.
Whole Life
Group aims to educate consumers on living benefits in January
“Living Benefits Awareness Month” created by Alliance Group to educate consumers on the importance of owning living benefits life insurance and how it can protect them in the event of an illness.
Integrity Marketing Group to expand life insurance distribution with Scott Riddle Insurance Agency acquisition
As part of the deal, Scott Riddle becomes an owner in Integrity, and president Jacque Huggins becomes a Managing Partner. Scott Riddle Agency is one of the largest final expense life insurance marketing organizations that distributes through partnering with leading U.S. call centers.
‘America’s Final Expense Company’ Settlers Life closing its doors
Parent company NGL will take over administration of in-force block.
Mutual of Omaha launches whole life policy with funeral planning services rider
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.
John Hancock doubles down on Vitality health and wellness platform
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.
Western & Southern reaches $1.55B deal with Nestlé S.A. to acquire Gerber Life
$1.55 billion pending deal brings direct-to-consumer life insurer and renowned brand to Western & Southern’s diversified family of financial services businesses. Current plans call for all 500+ Gerber Life associates to remain in place.
Strong IUL sales behind modest individual life premium growth in 2Q, but total premiums flat through first half of 2018
While total life insurance new annualized premium was flat in the first half of the year, indexed universal life propelled U.S. individual life insurance new premium to grow 2% in 2Q, according to the latest LIMRA data.
Final Expense new annualized premium rises 4% in 2017
Newly released study shows 89% of all new FE premium sold through independent distribution.
Life-LTC combo products on rise; now represent 25% of total new U.S. life insurance premium
Total new premium for life combination products increased 18% in 2017, marking the third consecutive year of premium growth.
