Insurance Headlines
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San Diego Scammers Target Military In $4.8M Life Insurance Scheme: Indictment
by user on July 17, 2019 at 8:22 pm
Paul Flanagan, 54, Ranjit Kalsi, 52, and Gregory Lee Martin II, 49, were arraigned this week for operating a life insurance scheme to defraud United States Military personnel out of $4.8 million. The post San Diego Scammers Target Military In $4.8M Life Insurance Scheme: Indictment appeared first on InsuranceNewsNet. […]
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Allianz: Women, Gen-Xers Most Need Education About Permanent Life Insurance
by user on July 17, 2019 at 7:47 am
Allianz Life, a provider of retirement solutions, including fixed and variable annuities and life insurance for individuals, issued the following news release:. According to the 2019 Life Insurance Needs Study from Allianz Life Insurance Company of North America, women lack familiarity with a number of important benefits offered by permanent life... The post Allianz: Women, Gen-Xers Most Need Education About Permanent Life Insurance appeared first on InsuranceNewsNet. […]
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Regulator Calls For ‘A Total Rework’ Of Key NAIC Illustration Guide
by John Hilton on July 16, 2019 at 7:14 pm
New IUL products featuring "multipliers" or "bonuses" prompted the IUL Illustration Subgroup to consider changes to Actuarial Guideline 49. During a Monday conference call, one regulator called for "a total rework of AG 49 from the ground up." The post Regulator Calls For ‘A Total Rework’ Of Key NAIC Illustration Guide appeared first on InsuranceNewsNet. […]
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Promoting The Benefits Of Accelerated Underwriting Without Overselling
by user on July 16, 2019 at 4:51 pm
While accelerated underwriting has absolutely transformed the landscape of life insurance, it is not a one-size-fits-all solution and is not a guarantee for all applicants – even if they are healthy. The post Promoting The Benefits Of Accelerated Underwriting Without Overselling appeared first on InsuranceNewsNet. […]
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ESPN: New York Life A Founding Partner Of Soon-To-Be-Launched ACC Network
by user on July 16, 2019 at 9:52 am
ESPN today announced New York Life as a founding partner of the new ACC Network, the national network dedicated to Atlantic Coast Conference sports coverage, launching on August 22. New York Life also continues as the exclusive presenting sponsor of the ACC Men's Basketball Tournament which airs across the ESPN and ACC networks as well. "We are proud to continue... The post ESPN: New York Life A Founding Partner Of Soon-To-Be-Launched ACC Network appeared first on InsuranceNewsNet. […]
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Pennsylvania Man Ordered To Repay More Than $640,000 To Scam Victims
by user on July 13, 2019 at 3:46 pm
Jul. 13-- A Lilly man sentenced to federal prison last month has been ordered to repay more than $640,000 to 12 individuals and the IRS as part of a scheme he conducted under the guise of a financial adviser. That joint stipulation, which was filed Wednesday, directs Simanski to repay 100% of $640,662.34 to 12 individuals and the IRS. Some individuals on the list were... The post Pennsylvania Man Ordered To Repay More Than $640,000 To Scam Victims appeared first on InsuranceNewsNet. […]
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NAIC Steps Up Online Life Insurance Awareness Campaign
by John Hilton on July 10, 2019 at 5:34 pm
The NAIC is creating tools and graphics that each state can incorporate into their insurance department websites, working group members said this week. Work will begin immediately with a "toolkit" of info in time for Life Insurance Awareness Month in September. The post NAIC Steps Up Online Life Insurance Awareness Campaign appeared first on InsuranceNewsNet. […]
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Trial Set For California School Principal Accused Of Killing Hubby For Life Insurance
by user on July 10, 2019 at 5:02 am
Jul. 9-- A former elementary school principal charged in the death of her husband will face a Kern County jury in October. Leslie Chance, 52, appeared in court July 9 for a hearing to determine a new trial date and to establish legal counsel. Tony Lidgett was appointed to be Chance's new attorney after Paul Cadman, Chance's former attorney, declared he had a conflict of... The post Trial Set For California School Principal Accused Of Killing Hubby For Life Insurance appeared first on InsuranceNewsNet. […]
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Life Insurance Applications Up Sharply In June, MIB Reports
by user on July 9, 2019 at 9:02 pm
U.S. life insurance application activity rose 3.3% in June year over year, nudging the MIB Life Index above par on a year-to-date basis for the first time since last February. June's performance was the strongest monthly percent gain of 2019. The post Life Insurance Applications Up Sharply In June, MIB Reports appeared first on InsuranceNewsNet. […]
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Life Insurance At Center Of West Virginia Stabbing Death
by user on July 9, 2019 at 8:00 am
Jennifer Lynn Via, 49, pleaded guilty before Cabell Circuit Judge Gregory Howard on Monday to voluntary manslaughter in the death of her husband, Thomas Via. He was stabbed in the back with a 14- inch-long decorative dagger Nov. 4, 2017, at their home in the 900 block of 28th Street in Huntington. Former Huntington police detective Chris Sperry previously said Via... The post Life Insurance At Center Of West Virginia Stabbing Death appeared first on InsuranceNewsNet. […]