INSURASALES

Tag: Life Insurance

5Star Life Earns Forbes' Top Insurance Company Ranking for Third Year

5Star Life Insurance Company secures a place on Forbes' World’s Best Insurance Companies list for the third consecutive year, recognized for growth and customer service excellence in the U.S. life insurance market.

National Farm Life Insurance Strengthens Board with Healthcare and Education Leaders

National Farm Life Insurance Company appoints new board members with expertise in healthcare, higher education, and agriculture to support strategic growth and policyholder service.

Coventry Leads 2024 Life Settlement Market with $1.4B in Policies Purchased

Coventry tops the 2024 U.S. life settlement market by purchasing over 1,300 policies worth $1.4 billion, introducing Enhanced Cash ValueSM to expand policyowner options.

National Farm Life Insurance Co. Appoints New Directors to Enhance Strategic Growth

National Farm Life Insurance Co. strengthens its board with experts from healthcare, education, and agriculture to support sustainable growth and community-focused insurance services in Texas.

Winged Keel Expands U.S. Life Insurance Brokerage with BryanMark Acquisition

Winged Keel Group accelerates U.S. market expansion with BryanMark Group acquisition, strengthening its life insurance services for ultra-affluent clients through strategic private equity support.

Price Forbes Re Appoints Isaac Sanday to Lead Life, Pensions & Annuities

Price Forbes Re appoints Isaac Sanday as global head of Life, Pensions & Annuities to lead expansion in reinsurance broking services across global markets.

NAIC Task Force Adopts Disclosure-Focused Reinsurance Asset Testing Guideline

The NAIC Life Actuarial Task Force adopts a new disclosure-only guideline for reinsurance asset testing, with initial data reporting mandated by 2026 to enhance transparency in life insurer reserves.

U.S. Life Insurance Premiums Rise 8% in Q1 2025 with Product Segment Shifts

In Q1 2025, U.S. life insurance premiums increased 8% driven by strong gains in indexed and variable universal life products, while term and fixed universal life showed declines, reflecting shifting consumer preferences and economic impacts.

Illinois Bars Life Insurers From Denying Coverage or Charging More Based on Felony History

Illinois enacts HB 2425 banning life insurance companies from denying coverage or increasing premiums solely due to felony convictions, impacting underwriting and market dynamics.

Harford Mutual and MIB Group Announce Board Updates for 2025

Harford Mutual and MIB Group announce key board of directors changes for 2025, highlighting new appointments and leadership roles that reflect strategic focus on insurance innovation and governance.