INSURASALES

Tag: life insurance

U.S. Workplace Insurance Sales Decline in Q1 2025, Returning to Pre-Pandemic Norms

U.S. workplace insurance sales declined in Q1 2025, with life, disability, and supplemental products returning to pre-pandemic levels amid economic headwinds, LIMRA reports.

Actuaries Consider Insured Population Data for Age 80+ Mortality Accuracy

Regulators and actuaries evaluate shifting to insured population data to better capture mortality trends in individuals aged 80+, addressing rising mortality deterioration and socioeconomic impacts on longevity.

Variable Universal Life Insurance: Market Role, Features, and Considerations

Explore comprehensive insights on variable universal life insurance (VUL) including its structure, flexibility, risks, fees, and market share in the U.S. life insurance industry.

Brighthouse Financial Considers Sale of US Life Insurance and Annuity Business

Brighthouse Financial is exploring the sale of its US life insurance and annuity business, attracting bids from private equity firms TPG and Aquarian Holdings, signaling shifts in industry investment trends.

NC Insurance Agent Charged with 72 Felonies for Life Insurance Fraud

Ashley Barnhardt, a North Carolina insurance agent, faces 72 felony charges for using client identities to commit life insurance fraud, highlighting regulatory scrutiny and enforcement in the insurance sector.

Monica Sementilli Sentenced to Life for Orchestrating Husband’s Murder in California

Monica Sementilli received life without parole in California for orchestrating the murder of her husband, with digital evidence playing a key role in the conviction involving life insurance payouts.

Equitas SFB and Edelweiss Life Partner to Boost Digital Insurance Inclusion

Equitas Small Finance Bank teams with Edelweiss Life Insurance to offer integrated digital insurance products, enhancing financial inclusion and customer-centric solutions through API-driven platforms.

Study Finds Life Insurance Buyers Prefer Flexibility and Lower Costs Over Lifetime Guarantees

A 2024 study reveals a shift in life insurance consumer preference towards flexible, lower-cost policies over lifetime guarantees, emphasizing cost sensitivity and the importance of clear product education.

NC Insurance Agent Charged with Forgery, Identity Theft for Illicit Commissions

North Carolina insurance agent charged with forgery and identity theft for manipulating life insurance policies to gain illicit commissions. Legal proceedings underway.

Alabama Man Found Guilty of Attempted Murder Linked to Insurance Fraud

Alabama man convicted of attempted murder after poisoning wife, raising multiple life insurance policies. Case underscores insurance fraud and regulatory concerns.