INSURASALES

Rising Trend in Gifting Child Life Insurance Policies in Rural Municipalities

Growing public trust in child life insurance leads to increased purchase and gifting of policies during festivals, promoting future financial security for children in rural areas.

Unions Sue Over Expanded Ban on Federal Collective Bargaining on National Security Grounds

Legal challenges arise as the Trump administration expands a ban on collective bargaining for federal workers in agencies citing national security. Unions dispute the classification and defend labor rights.

Pan-American Life Insurance Group Appoints David J. Turner Jr. to Board

Pan-American Life Insurance Group appoints David J. Turner Jr. to its Board of Directors, enhancing governance and strategic leadership in the life and health insurance market in the Americas.

Manufacturers Life Insurance Company Amplifies Stake in Celestica Amid Strong Earnings

The Manufacturers Life Insurance Company increased its holding in Celestica by 77.2% during Q1, reflecting confidence amid strong earnings and market optimism. Celestica’s growth and analyst upgrades underscore its robust financial health and expanding role in tech supply chain solutions.

Truist Financial Sees Institutional Investment Shifts and Solid Analyst Ratings

Truist Financial experiences shifts in institutional investments amid mixed earnings and maintains a moderate buy analyst consensus with a 4.4% dividend yield. Key insights into stock performance and investor activity.

NICB Projects 49% Surge in Identity Crime Fraud Impacting U.S. Insurance in 2025

The National Insurance Crime Bureau forecasts a 49% rise in identity crime fraud in 2025, emphasizing synthetic identity fraud's impact on insurance claims and industry risk management.

Declining U.S. Financial Confidence Highlights Growing Need for Retirement Planning

The 2025 Allianz study shows falling financial confidence among Americans, emphasizing the critical role of financial professionals in personalized retirement planning amid market uncertainty and economic challenges.

US Workers' Comp Insurance Provides Stability Amid Rising Health Cost Pressures

US workers' comp insurance remains a stable contributor to commercial insurers' earnings despite health sector inflation. Medical cost trends and emerging risks outlined.

AM Best Upgrades Crum & Forster; Aspen Ratings on Review Post-Sompo Deal

AM Best upgrades Crum & Forster to A+; Aspen Insurance ratings under review following Sompo’s $3.5B acquisition. Moody's and S&P assess impact on global specialty insurance and reinsurance sectors.

VA Launches VALife Guaranteed-Acceptance Life Insurance for Veterans with Disabilities

Explore VALife, a guaranteed-acceptance life insurance from the VA for veterans with service-connected disabilities. No medical exam required, coverage up to $40,000.