Boston Consulting Group, a management consulting firm, issued the following news release, dated March 18:. After decades of limited innovation, distribution is on the cusp of major change, which will unlock benefits for all stakeholders, according to a joint research report from Boston Consulting Group and Morgan Stanley Research, Reinventing Life Insurance... The post Report: Life Insurance Distribution Needs Reinventing Globally appeared first on InsuranceNewsNet. […]

White Plains, NY…March 19, 2019 Amalgamated Life Insurance Company (www.amalgamatedlife.com), a leading provider of comprehensive insurance solutions, announced today its... The post Amalgamated Life Introduces Voluntary Group Term Life appeared first on InsuranceNewsNet. […]

--MoneyLion, America's most powerful financial membership designed to help the hardest-working Americans save, borrow and invest, today launched the industry's first health tracker for finances, the Financial Heartbeat. Similar to smartwatches and fitness wearables, the MoneyLion Financial Heartbeat simplifies the tracking and understanding of one's... The post MoneyLion Launches Financial Heartbeat, A Fitness-Inspired Mobile Tracker appeared first on InsuranceNewsNet. […]

Ask someone why they're investing for retirement, and they'll usually give two answers: to cover post-retirement living expenses and to help provide for a spouse after they're gone. But what if "gone" comes far earlier than you expect? Term life insurance is a great but often misunderstood safety net. The post Here’s What Clients Need To Know To Pick Good Life Insurance appeared first on InsuranceNewsNet. […]

Indexed life sales for the fourth quarter were $617.4 million, up more than 16.8 percent compared with the third quarter, and up more than 7.2 percent compared to the fourth quarter 2018. Annual indexed life sales were over $2.1 billion. The post Indexed Life Sales Shatter Records In 2018, Wink Reports appeared first on InsuranceNewsNet. […]

The LIMRA study reported fourth-quarter new premium was flat, compared with fourth quarter 2017. Policy count was flat in the fourth quarter and for the year. This is the third consecutive quarter of flat policy count and the second consecutive year without policy growth. The post U.S. Life Insurance Premium Up 1% In 2018, Policy Count Flat appeared first on InsuranceNewsNet. […]

Norman Pennington, 61, testified he initially thought Roxanne Guty, 51, was joking when she offered to pay him to kill her husband, Arthur Guty Jr. Pennington said sometime in September, Roxanne Guty first asked him to kill her husband. He testified when he told he’ d need a. 22 caliber rifle that would cost around $275, Roxanne Guty gave him $300 about 10 to 15 minutes... The post Pa. Woman Charged With Soliciting Husband’s Killer With Life Insurance Proceeds appeared first on InsuranceNewsNet. […]

New York Life, America’ s largest mutual life insurer, today announced strong financial results for 2018, marked by record company highs in surplus, life insurance and annuity sales, and operating earnings. “Our outstanding results underscore a focus on delivering consistently strong financial performance that enables us to keep our promises to customers... The post New York Life Surpasses $1 Trillion Of Individual Life Insurance In U.S. appeared first on InsuranceNewsNet. […]

Genworth Financial Inc. is laying off about 80 employees, including 21 workers at the company's corporate headquarters in Henrico County. Genworth is temporarily suspending the sales of individual long-term care insurance and income Assurance Annuity products through brokerage general agencies. Genworth is being acquired by China Oceanwide Holdings... The post Genworth Financial To Lay Off 21 At Virginia Offices appeared first on InsuranceNewsNet. […]

Putnam County could soon offer a more substantial life insurance policy for law enforcement and emergency personnel. In just the past four months in Tennessee, two police officers and one paramedic have been killed in job-related incidents. A Sullivan County deputy was shot while doing a welfare check at a home in Blountville, a Chattanooga police officer was... The post Tennessee Town Proposes More Life Insurance For Emergency Workers appeared first on InsuranceNewsNet. […]