Tag: life insurance

NAIC Actuarial Guideline 55 Tightens Oversight on Offshore Life Reinsurance

NAIC's Actuarial Guideline 55 enhances regulatory oversight of offshore life reinsurance, requiring US insurers to validate asset backing under adverse conditions and boosting transparency in reserve reporting.

Kyndryl Partners with MEDVIDA Partners to Enhance Life Insurance Tech Operations

Kyndryl collaborates with MEDVIDA Partners to advance life insurance technology infrastructure with AI-driven integration, cybersecurity, and regulatory compliance solutions.

Ohio Life Insurance Advisor Sentenced for $707K Fraud and Tax Evasion

Ronald Scott Daley sentenced to 54 months for wire fraud and tax evasion involving over $700K in insurance funds. Case underscores fraud risks in life insurance advisories.

Johns Hopkins 2026 Employee Benefits Confirmation and Updates

Johns Hopkins University guides employees through reviewing and updating 2026 benefits elections, including life insurance EOI and ID card updates for health plans.

US Life Insurers and Alternative Asset Managers Deepen Strategic Partnerships

Explore how US life insurers and alternative asset managers are strengthening partnerships to access higher-yielding private assets and reshape investment strategies with evolving market dynamics.

California Court Dismisses Parts of Tax-Avoidance Lawsuit Against Penn Mutual

A California judge dismisses several claims in a $23.5 million tax-avoidance lawsuit against Penn Mutual involving premium-financed whole life policies, raising key issues in insurance compliance and regulatory scrutiny.

Forgery Charges Filed in South Carolina Over Life Insurance Surrender Check

Kimberly Denise Holloway is charged with forging a deceased person's signature to cash a life insurance surrender check, following an investigation by the South Carolina Department of Insurance.

India's Life Insurance Sector Posts 12% Premium Growth Amid GST Reduction

India's life insurance sector sees 12% premium growth in November driven by LIC and SBI Life, supported by GST cuts on health insurance policies enhancing market momentum.

Insurance Authority Confirms 12,000 Policies Impacted with Prompt Claims Process

The Insurance Authority reports 12,000 policies affected, including life and general insurance. Immediate claims and payouts underway to support policyholders in Hong Kong.

Insurance Services Offered by Health Markets in Pennsylvania

Scott Corna of Health Markets Insurance Agency offers diverse insurance solutions including Medicare, health, and small business coverage in Pennsylvania. Available in 49 states.