Tag: Life Insurance

Hawaii Promotes NAIC Life Insurance Policy Locator Tool in 2025

Hawaii's Insurance Division highlights the NAIC's Life Insurance Policy Locator tool helping recover unclaimed life insurance benefits and annuities in 2025.

U.S. Life/Annuity Insurance Net Income Rises 39% in H1 2025

The U.S. life/annuity insurance sector saw a 39% net income rise in Q1 2025, driven by premiums, investments, and reserve adjustments per AM Best report.

National Life Insurance Awareness Month Highlights Critical Financial Protection Gaps

National Life Insurance Awareness Month sheds light on widespread financial vulnerabilities due to underinsured families and promotes affordable, tailored life insurance solutions from Amica Insurance.

Brighthouse Financial Shows Strong Growth and Attractive Valuation in U.S. Life Insurance Market

Brighthouse Financial outperforms industry growth with strong life insurance and annuity sales, attractive valuation, and robust financial metrics in the U.S. insurance market.

2025 Trends in Indexed Universal Life: Market Growth, Regulatory Shifts, and Digital Innovation

Explore 2025's indexed universal life insurance market growth, regulatory changes, and digital innovations shaping client strategies and compliance.

Coventry Advances Secondary Life Insurance Market During Awareness Month

Coventry leads life insurance secondary market, delivering $6B to policyowners and promoting policy flexibility during Life Insurance Awareness Month.

AM Best Reviews Banner Life, William Penn-NY Ratings Amid Meiji Yasuda Acquisition

AM Best maintains ratings for Banner Life and William Penn-NY as Legal & General sells U.S. protection business to Meiji Yasuda, highlighting strategic moves in U.S. life insurance and pension risk transfer sectors.

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.

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.