LIFE INSURANCE NEWS


NAIFA Virtual Performance + Purpose Conference set for Oct. 6-8

The online conference will focus on delivering content-rich education and peer-to-peer interaction.

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Recent Life Insurance News

AALU, GAMA are now called ‘Finseca’

Financial security professionals launch new organization to “help more Americans build and protect their financial future.”

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...

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.
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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.

Only 22% of Gen Z prepared to be life insurance beneficiaries or know about...

New NAIC study finds America's Generation Z—which has grown up as digital natives and is more likely to be engaged in social activism—is less engaged when it comes to life insurance.

2020 Insurance Barometer Study: Is Life Insurance Tomorrow’s Problem?

This year’s study reviews 10 years of consumer data on life insurance and related financial issues, and finds while many were without it during the height of COVID-19, 36% of respondents said they intended to purchase life insurance in the next 12 months.

Life application activity soars 5.2% in May, reversing two-month decline

Latest MIB Life Index shows application activity gains in all age bands over April.

Seven-Eleven to sell life insurance, but not in the U.S.

Japan’s largest convenience store chain will start selling cancer insurance policies through vending machines as a way to make “contactless” sales necessitated by coronavirus.

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