Market crash and recession fears increased significantly from the end of 2019 when worries were at their lowest levels in over a year and half. Now, nearly two-thirds of Americans (63%) express concerns about a recession (compared with 43% in Q4 2019). The post Allianz: Americans Not Panicking, Trying To Stay The Course appeared first on InsuranceNewsNet.

As the COVID-19 pandemic continues to disrupt the world, life insurance carriers are challenged by maintaining a profitable business. One looming fear for consumers is the cost of life insurance. Will it go up? The post How Long Will Pre-COVID Life Insurance Rates Last? appeared first on InsuranceNewsNet.

In a new lawsuit filed in North Carolina, Greg Lindberg accuses Insurance Commissioner Mike Causey -- who wore a wire and cooperated with the FBI -- of "abuse of power and breach of the public trust." Lindberg was convicted on bribery charges March 5. The post Insurance Commissioner Set Me Up, Greg Lindberg Claims In Lawsuit appeared first on InsuranceNewsNet.

Clients want human interaction in this time of social isolation, and they need to have their advisors communicate with them. Brock Jolly, financial advisor at Veritas Financial, shared some tips for communicating with clients during a webinar held Monday for members of the National Association of Insurance and Financial Advisors. The post Quick Tips For Communicating With Clients During COVID-19 Crisis appeared first on InsuranceNewsNet.

Life insurance sales were very strong in 2019, according to Wink’s Sales & Market Report, with indexed life sales smashing records. Indexed life sales for the fourth quarter were $725.1 million, up 30.8% when compared with the previous quarter, and up 14.6% as compared to the same period last year. The post CSO Deadline Drives Indexed Life Sales Records In 2019: Wink appeared first on InsuranceNewsNet.

Total insurance industry merger-and-acquisition deals in the fourth quarter 2019 totaled $11.43 billion in the U.S., according to GlobalData’s deals database. The value marked an increase of 174% over the previous quarter. The post Insurance Industry M&A Takes Huge Leap In 4Q 2019 appeared first on InsuranceNewsNet.

COVID-19 is impacting the insurance industry in multiple ways—from employee and business continuity issues to client service considerations to the financial outlook. Here are some key issues insurers face and potential action steps they could take. The post What COVID-19 Could Mean For The Insurance Sector appeared first on InsuranceNewsNet.

Former life insurance agent Christopher Dougherty, 47, pleaded guilty to several fraud charges this week, partly related to a phony marijuana farm investment he successfully pitched to unknowing investors. The post California Agent ‘Ruthlessly’ Conned Investors: Commissioner appeared first on InsuranceNewsNet.

California is pressing all insurers to give policyholders "at least" a 60-day grace period from insurance premium payments. The post California Prods Insurers For 60-Day Grace Period On Premium Payments appeared first on InsuranceNewsNet.

COVID-19 has left businesses in uncharted waters. It is often insurance that carries businesses through these waters. But policyholders need to know where to look for this life raft, and how to navigate these murky waters. The post COVID-19: Business Interruption Coverage May Require Creativity appeared first on InsuranceNewsNet.