A National Association of Insurance Commissioners working group wants to “enhance consumer understanding” with a proposed two-page summary to accompany life insurance illustrations. The group is making slow progress on the proposal, with a few issues remaining to work out. The post NAIC Pushing For 2-Page Life Insurance Illustration Summary appeared first on InsuranceNewsNet. […]

Boosting the numbers of advisors and improving the productivity of those already serving the group retirement market is a big priority for AXA Equitable, the company says. The post AXA Equitable Stresses Growth Of Advisors appeared first on InsuranceNewsNet. […]

There are a huge number of “unscheduled” loans that go mostly unnoticed until they become a threat to the policy or an unwelcome tax problem for the insured. These present a clear opportunity not only to help clients, but also to create new commissionable sales. The post ‘Unscheduled’ Policy Loans Can Create Sales Opportunities appeared first on InsuranceNewsNet. […]

United of Omaha, a Mutual of Omaha company, has introduced a new product to help meet customers' long-term care planning needs. Since 1987, traditional long-term care insurance has been- and continues to be- a core product for Mutual of Omaha. The post Mutual Of Omaha Introduces Long-Term Care Rider appeared first on InsuranceNewsNet. […]

Jackson National Life Insurance Company ® generated a record $1.4 billion in IFRS pre-tax operating income during the first half of 2018, an increase of 0.8 percent over the first half of 2017. Jackson, an indirect wholly owned subsidiary of the United Kingdom’ s Prudential plc, recorded sales and deposits of $11.2 billion in the first half of the year, and... The post Jackson National Reports First Half 2018 Financial Results appeared first on InsuranceNewsNet. […]

Braintree, MA. (August 8, 2018) — U.S. life insurance application activity grew slightly in June up 0.7% year-over-year, according to... The post Life Index Inches Forward For A 2nd Month appeared first on InsuranceNewsNet. […]

Insurers report ups and downs in second-quarter earnings reports, with Brighthouse Financial reporting a loss. Meanwhile, long-term care policies continue to create plenty of headaches for insurers such as CNO Financial and Prudential. The post 2Q Roundup: Brighthouse Posts Loss; Insurers Face LTC Pain appeared first on InsuranceNewsNet. […]

New York and California insurance officials signal a steadfast willingness to fight for life insurance to be included in any NAIC annuity best-interest rule. The post Showdown Looms Over NY Push To Add Life Insurance To NAIC Rule appeared first on InsuranceNewsNet. […]

Universal life products are hot and insurers are wasting no time tweaking their product offerings to take advantage of a fast-selling segment. First-quarter sales of indexed universal life rose 12 percent to $486 million compared to the year-ago period. The post Carriers Reshape Indexed UL While Variable UL Sales Heat Up appeared first on InsuranceNewsNet. […]

MetLife and Genworth had different challenges to overcome in the second quarter. Metlife dumped its remaining stake in Brighthouse Financial for a loss of $212 million, which pushed down earnings. The post MetLife Sells Remaining Stake In Brighthouse appeared first on InsuranceNewsNet. […]