State Farm Faces Lawsuit Over PHL Insurance Products with Capital Shortfall
State Farm is sued over selling PHL insurance products amid a $2.2 billion capital shortfall, raising concerns about insurer solvency and policyholder payouts.
State Farm is sued over selling PHL insurance products amid a $2.2 billion capital shortfall, raising concerns about insurer solvency and policyholder payouts.
Explore the growth prospects of the universal life insurance market projected to reach $132.3 billion by 2033, driven by flexible premium options, AI-driven underwriting, and regulatory advances.
Nepal's life insurance companies have invested Rs 789.82 billion in various financial sectors including government bonds, fixed deposits, and bank debentures, indicating robust capital deployment strategies.
Boston Mutual Life Insurance Company appoints Grant D. Ward Sr. as CEO effective January 2026, signaling continuity and expertise in life insurance leadership and strategic growth.
PolicyMe and Embark partner to provide Canadian families with integrated life insurance and education savings solutions, enhancing financial security and literacy through digital platforms.
A life insurance dispute between a deceased lawyer's daughter and his former business partner underscores the critical need for timely updates to beneficiary designations and clear policy management.
LifeSearch integrates a fully digital trust solution into its online life insurance purchase process, enhancing trust adoption and streamlining claims settlement for beneficiaries.
Explore the robust growth of China's life insurance market driven by bancassurance expansion, demographic shifts, regulatory reforms, and digital innovation. Forecasts indicate the market will exceed $925 billion by 2030, highlighting opportunities for insurers.
Explore strategies to avoid probate and optimize living trusts. Learn which assets to exclude from trusts and how life insurance can support estate planning.
Many Pune families face financial risks due to inadequate life insurance coverage. Experts recommend term insurance and informed insurer selection to close protection gaps.