INSURASALES

Kansas City Life Insurance Settles $40 Million Class Action Over Excessive Cost Claims

Kansas City Life Insurance Co. agrees to a $40 million settlement over allegations of excessive life insurance costs, benefitting policyholders nationwide with plans active since 2002. Legal and regulatory insights included.

AM Best Reviews Credit Ratings for Banner Life and William Penn Amid Meiji Yasuda Acquisition

AM Best maintains review status for Banner Life and William Penn credit ratings amid Meiji Yasuda's $2.3B U.S. protection business acquisition, highlighting strong financials and strategic growth.

New York Life Advances AI-Driven HR Innovation and Career Development

New York Life integrates AI to modernize HR functions with its Career Hub platform, enhancing internal mobility, gig projects, and employee upskilling within the insurance sector.

Rhode Island Insurance Premiums Surpass 25% of Median Household Income Amid Regional Cost Increases

Insurance premiums in Rhode Island now exceed 25% of the median household income, with Delaware approving ACA premium increases for next year, reflecting rising costs in the regional insurance market.

AI Drives Dividend Growth and Efficiency in U.S. Insurance Sector

Explore how AI integration in U.S. insurance companies is boosting operational efficiency, premium growth, and dividends for investors.

2025 Study: Industry Faces Challenges Educating Consumers on Life Insurance Costs

The 2025 Insurance Barometer Study shows consumer education gaps and cost misconceptions hinder life insurance purchases. Industry must enhance outreach and licensed agent involvement.

Meanwhile Lowers Minimum Bitcoin Life Insurance Policy to 0.25 BTC

Meanwhile updates its Bitcoin-denominated life insurance product, lowering minimum policy size to 0.25 BTC to align with market growth and institutional demand.

WTW and Sompo Holdings Partner to Implement Radar AI in Auto Insurance Pricing

WTW and Sompo Holdings partner to deploy AI-powered Radar technology, transforming auto insurance pricing and underwriting with advanced data analytics in Japan and beyond.

1891 Financial Life Seeks Board Candidates to Guide Strategic Future

1891 Financial Life is recruiting new board members to enhance governance and advance its mission in faith, family, community, and financial protection within the insurance industry.

Swiss Life Advances Customized Life Insurance Solutions for Asia's HNW Market

Swiss Life strengthens its position in Asia's high-net-worth insurance market with tailored VUL and PPLI solutions, emphasizing long-term wealth planning, regulatory clarity, and tax-efficient asset transfer across Singapore, Hong Kong, and other key markets.