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Life Insurance Discussion

Recent Life Insurance News

Advisors adding more services to better meet needs of retirees, pre-retirees

Analysis from the LIMRA Secure Retirement Institute shows that financial professionals across all channels are increasingly offering a broad array of common products and services to better help older Americans achieve retirement security.

Strong IUL sales lead to 3% life insurance annualized premium growth in 3Q

U.S. life insurance new annualized premium increased 3% in the third quarter 2018, according to the latest LIMRA U.S. Retail Individual Life Insurance Sales Survey, released Nov. 29. Driven by strong indexed universal life (IUL) sales, this is the second consecutive quarter of positive growth.

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.

Life Happens awards over $200,000 to 21 aspiring students through its annual Life Lessons...

Deserving students share how life insurance could have made a significant impact on their families through personal stories. Since the program was established in 2005, over 500 scholarships have been awarded, totaling over a million dollars in scholarship money.

Latest FIO report chock full of industry data and analysis

Seventh annual Dodd-Frank-mandated report shows U.S. still the world’s largest insurance market; provides a detailed analysis of the current state of the overall market.

‘America’s Final Expense Company’ Settlers Life closing its doors

Parent company NGL will take over administration of in-force block.

Voya to exit individual life sales at end of the year

Chairman and CEO says decision aligns with plans to focus on its higher-growth, higher-return, capital-light businesses: Retirement, investment management and employee benefits.

New York Life, Epic ink electronic health records deal to speed up underwriting

The carrier will become the first U.S. life insurer to use electronic health records to accelerate and improve its underwriting process and capabilities, through a new agreement with Epic, a leading comprehensive health records system.

Industry sets records for payouts, coverage and investments in 2017, according to new ACLI...

Latest volume, released Monday, finds life insurance companies paid $77 billion to beneficiaries and $82 billion to owners of annuities in 2017, while maintaining status as the largest institutional investor in the U.S.

LIMRA CEO: Change is inevitable – embrace it

Opening the 2018 LIMRA Conference in New York on Monday, Robert A. Kerzner says the industry needs to leverage technology to simplify the process so more banks, broker-dealers and registered investment advisors want to recommend life insurance and annuities to clients.

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