INSURASALES

Tag: life insurance

Texas Appeals Court Supports State Farm Interpleader Action in $800K Life Policy Dispute

Texas appeals court upholds State Farm's federal interpleader action in a contested $800,000 life insurance policy dispute, highlighting insurer protections and beneficiary claim protocols.

Chubb Q1 2025 Earnings: Catastrophe Losses Impact Income Amid Premium Growth

Chubb's Q1 2025 earnings show significant catastrophe losses from California wildfires impacting net income despite premium growth and underwriting improvements.

Life Insurers Launch $4M Ad Campaign Amid Republican Tax Cut Discussions

The American Council of Life Insurers launches a $4 million campaign to highlight life insurers' economic role amid GOP tax cut deliberations, emphasizing job creation and investment.

LIMRA Study Reveals Life Insurance Coverage Gap Amid Strong Market Demand

LIMRA's 2024 study exposes a significant life insurance coverage gap despite strong consumer demand, highlighting education and digital marketing challenges in the U.S. market.

JAB Holding to Acquire Prosperity Life Group, Including Shenandoah Life, for $3.1B

JAB Holding plans a $3.1 billion acquisition of Prosperity Life Group, owner of Shenandoah Life Insurance, marking a significant move in the U.S. life insurance market pending Virginia regulatory approval.

Study Reveals Life Insurance Coverage Gaps Threaten U.S. Household Financial Security

New research finds declining life insurance ownership and widespread financial inadequacy in American households, highlighting critical challenges for the U.S. insurance market and financial security planning.

2024 Sees Strong Growth in U.S. Workplace Life and Disability Insurance Premiums

U.S. workplace life insurance and disability premiums rose strongly in 2024, driven by term life and long-term disability products. Supplemental health insurance showed mixed results.

Landmark Admin Data Breach Affects 1.6 Million Life Insurance Customers

Landmark Admin reports a data breach impacting 1.6 million life insurance and annuity policyholders, doubling prior estimates. Regulatory filings highlight increased risks from third-party administrator cyber incidents.

Life Insurance Data Breach at Landmark Admin Affects 1.6 Million Clients

Landmark Administration's recent life insurance data breach compromised 1.6 million records, raising industry concerns on cybersecurity and regulatory compliance in insurance.

Demystifying Indexed Universal Life Insurance: Key Features & Client Insights

Explore the complexities of Indexed Universal Life Insurance (IUL) including cash value growth, premium flexibility, floors and caps, and crediting methodology. Key insights for insurance professionals.