LIFE INSURANCE NEWS


NAILBA’s transformation will be on display in Orlando Oct. 31-Nov. 2

CEO Dan LaBert, one year into the role, shares a look at plenty of changes happening within the independent life brokerage distribution-focused organization as well as to the fast-approaching annual meeting.

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Recent Life Insurance News

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.

A sharper focus on customer experience is key for increasing customer satisfaction, study finds

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.

Millennials walking financial tightrope without safety net of life insurance

Burdened by student loans and other concerns, more young families are delaying buying life insurance, according to a new survey released at InsureTech Connect.

Haven Life, Fabric among disruptors launching new products 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.

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.

New presidents named at Life Happens, MDRT

Longtime exec Faisa Stafford is named new President at Life Happens; Ross Vanderwolf, CFP, is the 93rd president of the Million Dollar Round Table.

Life insurance disruptors planning to make news at InsureTech Connect

Ladder, Haven Life and Atidot are among the life insurance companies planning to announce their latest innovations during the third annual InsureTech Connect (ITC) conference in Las Vegas on Oct. 2-3.

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.

Actuarial Science ranked as ‘most valuable’ college major

The joke’s on fine arts grads, who have the “least valuable” college degree while actuarial science was tops among 162 degrees, according to a new study from Bankrate.

Younger workers, women more likely to be worried about life insurance

And less likely to understand its financial benefits, according to findings of a Life Insurance Awareness Month-themed poll conducted by Unum.

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