Hybrid life/long-term care insurance policies solve two problems: the life insurance gap among American households and the continued high cost of standalone LTCi. The post Hybrid Life/LTCi: Breaking Down Barriers And Bridging Gaps appeared first on InsuranceNewsNet. […]

RIVERWOODS, Ill., Dec. 11, 2018 (GLOBE NEWSWIRE) -- Federal Life Mutual Holding Company (“FLMHC”) has completed its conversion from a... The post Federal Life Completes Conversion To Stock Company appeared first on InsuranceNewsNet. […]

AM Best has commented that the Financial Strength Rating of A- and the Long-Term ICRs of“ a-” of National Teachers Associates Life Insurance Company and its subsidiary, NTA Life Insurance Company of New York, are unchanged following the announcement of the sale of the companies to Horace Mann Educators Corporation. The transaction, announced Dec. 10, 2018, is... The post AM Best Likes Horace Mann’s Acquisition Of National Teachers Associates Life appeared first on InsuranceNewsNet. […]

Sixty-nine percent of Millennial business owners work with an insurance agent, followed by Boomers at 66 percent and Gen X at 59 percent. The most common reason for working with an insurance agent among all generations is the trust that business owners place on the guidance and expertise from an agent. The post Millennial Business Owners More Likely To Work With Agents appeared first on InsuranceNewsNet. […]

Dec. 11-- Horace Mann Educators Corp. announced Monday it has signed a deal to acquire a Dallas- based insurance company for $405 million. The company will acquire National Teachers Associates Life Insurance Company, a family-owned firm that specializes in supplemental insurance products for teachers. NTA has about 220 agents nationwide and had about $130... The post Horace Mann Acquiring Dallas Insurer In $405M Deal appeared first on InsuranceNewsNet. […]

“Most Americans admit to experiencing financial stress during the course of a year, so it’ s not surprising that it can take a toll on a person’ s health and well-being,” said Bill Smith, president of Cigna Group Insurance.“ My Secure Advantage provides the tools, resources and advice to meet the needs of individuals wherever they are in their personal financial... The post Cigna Expands Financial Wellness Services appeared first on InsuranceNewsNet. […]

Insure.com' s annual salary calculation based on recent Bureau of Labor Statistics wage data shows Santa would earn a salary of $152,367. Santa's salary puts the Clauses in the upper class, comfortably passing the income bracket which defines the middle class as incomes between $40,500 and $122,000. "At this point in his career, Santa has high-value assets like... The post Santa’s ‘Salary’ Puts Him Into The Upper Income Bracket appeared first on InsuranceNewsNet. […]

AM Best cited increased profitability, improved regulatory and tax environments and a strengthening U.S. economy in adjusting its 2019 life insurance/annuities outlook from negative to stable. Also, an overall reduced balance sheet risk due to a proactive approach taken by companies in recent years is seen as a positive trend. The post Best’s Report: U.S. Life/Annuity Outlook Revised To Stable appeared first on InsuranceNewsNet. […]

Sheriff's deputies have obtained an arrest warrant for a fourth suspect wanted in connection with an alleged murder-for-hire plot that left Austin jeweler Ted Shaughnessy dead in his home in southwest Travis County in March. Police say the suspects, which include family members, sought life insurance proceeds. The post Fourth Suspect Charged In Alleged Texas Murder-For-Insurance Plot appeared first on InsuranceNewsNet. […]

LIMRA and Wink were both correct with last week’s “universal life is up” and “universal life is down” reports, respectively. The key is how the data is viewed. Overall, new premium rose quarter-over-quarter from 2017. The post The Good And Bad In Life Insurance 3Q Numbers appeared first on InsuranceNewsNet. […]