Insurance Headlines
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Family Turns To Crowdfunding To Pay For Loved One’s Funeral
by user on February 22, 2019 at 5:01 am
MEMPHIS, Tenn.— The sudden death of a loved one can leave a family scrambling to find the money for a funeral. More and more people in the Mid-South are now turning to fundraising websites for help including Danielle Jones' family. "I asked the paramedics is he breathing? The post Family Turns To Crowdfunding To Pay For Loved One’s Funeral appeared first on InsuranceNewsNet. […]
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AM Best Upgrades Issuer Credit Rating Outlook For Principal Financial
by user on February 21, 2019 at 8:57 pm
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc., and... The post AM Best Upgrades Issuer Credit Rating Outlook For Principal Financial appeared first on InsuranceNewsNet. […]
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AIG Sets New Term Life Insurance Rates
by user on February 21, 2019 at 3:55 pm
HOUSTON – February 21, 2019 – American International Group, Inc. (NYSE: AIG), whose domestic life insurers are leaders in the... The post AIG Sets New Term Life Insurance Rates appeared first on InsuranceNewsNet. […]
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Northwestern Mutual Reports Strong 2018 Financial Results
by user on February 20, 2019 at 1:00 pm
"We exist to help clients achieve financial security, and our company's financial strength ensures we are well positioned to deliver on our promises for generations to come," said John E. Schlifske, chairman, president and chief executive officer. The company continued its track record of maintaining the highest financial strength ratings awarded to any U.S.... The post Northwestern Mutual Reports Strong 2018 Financial Results appeared first on InsuranceNewsNet. […]
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Florida Police: Niece Steals $188,000, Life Insurance, From Aunt
by user on February 19, 2019 at 12:29 pm
The suspect made herself the beneficiary of her aunt's life insurance and transferred more than $165,000 of her aunt's money into her account, a police report states. Brandie Woodward, 35, was charged with exploitation of the elderly and was jailed on $5,000 bail. The post Florida Police: Niece Steals $188,000, Life Insurance, From Aunt appeared first on InsuranceNewsNet. […]
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P/C Broker Gallagher Widens Retirement Practice Into IMO Space
by John Hilton on February 18, 2019 at 8:28 pm
Arthur J. Gallagher & Co. acquired Partners Advantage Insurance Services and AMZ Financial Insurance Services on Jan. 28. The move marked the first substantial entry by Gallagher into the independent marketing organization channel of insurance distribution. The post P/C Broker Gallagher Widens Retirement Practice Into IMO Space appeared first on InsuranceNewsNet. […]
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MDRT Study Finds Consumers Want Technology To Complement, Not Replace Human Advisors
by user on February 18, 2019 at 8:05 pm
The majority of Americans (88 percent) say technology should complement, not replace, the services of a human financial advisor, with 85 percent of Americans stating they prefer working with a human financial advisor rather than a robo advisor. The post MDRT Study Finds Consumers Want Technology To Complement, Not Replace Human Advisors appeared first on InsuranceNewsNet. […]
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Accountant Allegedly Stole $2M From Firefighters’ Life Insurance Fund
by user on February 18, 2019 at 5:00 pm
An accountant from Baton Rouge stole roughly $2 million that the historically troubled New Orleans Firefighters Pension and Relief Fund gave to him to invest in life insurance policies -- and then used the money to gamble, finance home improvements and pay off debts, federal prosecutors allege. The post Accountant Allegedly Stole $2M From Firefighters’ Life Insurance Fund appeared first on InsuranceNewsNet. […]
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Securian Financial Posts Solid 2018
by user on February 15, 2019 at 4:31 pm
At its annual all-company meeting, Securian Financial announced solid preliminary 2018 financial results, including year-over-year increases in total sales, top-line revenue and earnings. “In 2018, Securian Financial achieved strong financial performance while significantly advancing our strategic priorities and increasing our community... The post Securian Financial Posts Solid 2018 appeared first on InsuranceNewsNet. […]
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Understanding The Benefits Of Whole Life Insurance
by user on February 15, 2019 at 4:04 pm
The average American will hold at least eight jobs during their lifetime and the term life insurance benefit provided will most likely also terminate when the decision to part ways is made. Because of this, it is important to separate the employment insurance from personal insurance. The post Understanding The Benefits Of Whole Life Insurance appeared first on InsuranceNewsNet. […]