INSURASALES

Tag: Insurance News

New York Life to Distribute Record $2.78 Billion Dividend to Policy Owners in 2026

New York Life to Distribute Record $2.78 Billion Dividend to Policy Owners in 2026

New York Life announces its largest dividend payout of $2.78 billion to policy owners in 2026, underscoring its strong financial foundation and commitment to long-term value.

Universal Insurance Holdings: CEO Stock Sale and Financial Insights

Explore Universal Insurance Holdings' recent CEO stock sale, impressive fiscal report, and market outlook in the property insurance sector. Stay informed.

Verisk Withdraws from AccuLynx Acquisition Over Regulatory Scrutiny

Discover Verisk's strategic withdrawal from the AccuLynx acquisition due to regulatory challenges and learn about its impact on the insurance industry.

Berkshire Hathaway Names Nancy L. Pierce as GEICO CEO Amid Executive Transitions

Berkshire Hathaway appoints Nancy L. Pierce as GEICO CEO as part of broader executive transitions including CFO changes and new general counsel role, highlighting succession planning within its insurance operations.

OneAmerica Financial Boosts 2026 Policyholder Dividends by 17%

OneAmerica Financial raises dividend interest rate for 2026 by 17%, reflecting strong financial stability and credit ratings from AM Best and S&P, enhancing policyholder returns.

Kyle Busch's $8.6M Loss Highlights Risks of Indexed Universal Life Insurance

NASCAR's Kyle Busch lost $8.6 million in premiums due to fees and performance issues in an Indexed Universal Life insurance policy sold by Pacific Life. This case highlights risks and compliance issues in IUL policies for insurance professionals.

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.

Pivix and Everspan Unveil New E&S Casualty Insurance Program

Pivix Specialty Insurance Services and Everspan Group launch a new primary general liability E&S casualty program targeting contractors, real estate, hospitality, and manufacturing sectors, enhancing MGA offerings through wholesale brokers.

UnitedHealth Faces DOJ Scrutiny Over Medicare Advantage as Industry Faces AI and Market Shifts

UnitedHealth Group responds to DOJ investigations into Medicare Advantage amid broader insurance market changes including AI automation and pharmaceutical supply dynamics.

California Realtors Form Insurance Task Force to Tackle Homeowner Coverage Crisis

California Realtors organize an Insurance Task Force to address homeowner insurance availability and affordability challenges in fire-prone areas, aiming to provide policy recommendations to state authorities.