Tag: Life Insurance

The Hartford names Deepa Soni as new chief information officer |  Intelligent Insurer

New York Life Names Deepa Soni as CIO to Drive Technology and AI Innovation

New York Life appoints Deepa Soni as CIO to lead technology, AI, and innovation initiatives, enhancing enterprise growth and digital transformation.

Kyle Busch Lawsuit Highlights Risks of Indexed Universal Life Insurance for Retirement

NASCAR star Kyle Busch’s lawsuit reveals the risks of Indexed Universal Life policies marketed as tax-free retirement plans. Learn about the hidden costs and regulatory concerns.

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.

AM Best Downgrades Outlook for CICA Life Insurance Credit Rating

AM Best revises CICA Life Insurance's credit rating outlook to negative citing new business strain and balance sheet pressures. Stable financial strength rating affirmed.

Globe Life Reports Q3 2025 Earnings With Strong Underwriting and Investment Results

Globe Life delivers strong Q3 2025 financial results with increased net income and underwriting income driven by life and health insurance growth and stable investment yields.

Teresa Rasmussen Named 2026 Chair of American Council of Life Insurers

Teresa Rasmussen elected 2026 chair of the American Council of Life Insurers, advancing industry initiatives on financial and retirement security.

Brighthouse Financial in Renewed Acquisition Talks with Sixth Street

Brighthouse Financial re-engages in acquisition negotiations with Sixth Street after talks with Aquarian Holdings falter, highlighting trends in insurance industry ownership shifts and private equity deals.

Meanwhile Raises $82M to Expand Bitcoin-Denominated Life Insurance Products

Meanwhile secures $82M funding to scale Bitcoin-denominated life insurance and retirement products, highlighting expansion of crypto-linked financial services in regulated insurance markets.

Oneglobal Acquires Bermuda-Based Life and Annuity Services to Expand Offerings

Oneglobal Broking acquires Bermuda-based Life and Annuity Services to enhance its life insurance and annuity planning capabilities, expanding offerings for corporate and individual clients.

Adapting Life Insurance Strategies for Younger and Older Clients

Explore how life insurance advisors can better engage Millennials and Gen Z by highlighting living benefits and policy flexibility, while leveraging life settlements as a liquidity solution for older clients. Understand regulatory aspects and market trends shaping insurance strategies today.