Connecticut Man Denied His Murdered Wife’s Life Insurance Policy
by user on October 15, 2019 at 12:44 pm
A judge recently ordered the Zurich American Life Insurance Company to place Sandra Kalosky’ s insurance benefit into an escrow account rather than pay it to her husband Robert Kalosky. Judge Victor Bolden said since the March 2018 homicide is unsolved the insurance company is in an untenable position. The post Connecticut Man Denied His Murdered Wife’s Life Insurance Policy appeared first on InsuranceNewsNet.
ACLI Elects New Board, Officers And Chairman During Boston Meeting
by Press Release on October 14, 2019 at 5:23 pm
The American Council of Life Insurers elected its chairman, officers and board of directors at the 2019 ACLI Annual Conference. The post ACLI Elects New Board, Officers And Chairman During Boston Meeting appeared first on InsuranceNewsNet.
Can Healthy Habits Contribute To Better Financial Security?
by user on October 13, 2019 at 8:00 am
When it comes to feelings about finances, working Americans are practically split down the middle, according to a recent study. Fifty-five percent of employed Americans feel they are on the right track to achieving financial well-being, while the other 45 percent feel they are not headed in the right direction, according to the recent Lincoln Financial Group... The post Can Healthy Habits Contribute To Better Financial Security? appeared first on InsuranceNewsNet.
NY Producers, Carriers ‘Feeling The Pressure’ As Reg 187 Deadline Looms
by John Hilton on October 11, 2019 at 8:00 pm
Regulation 187 was finalized in 2018 and took effect Aug. 1 of this year for annuities. Life insurance sales will fall under the rule on Feb. 1, 2020. It establishes a best-interest standard, mandates enhanced disclosure and documentation, required of the producer and insurance carrier, as well as training programs. The post NY Producers, Carriers ‘Feeling The Pressure’ As Reg 187 Deadline Looms appeared first on InsuranceNewsNet.
More Americans Fear Recession Is Around The Corner
by Press Release on October 10, 2019 at 2:49 pm
MINNEAPOLIS - Americans’ fear of a recession continues to rise, as half of Americans now say they are worried a... The post More Americans Fear Recession Is Around The Corner appeared first on InsuranceNewsNet.
Best’s: U.S. Fraternals Face A Difficult Growth Environment
by user on October 9, 2019 at 5:18 pm
Many market participants in the fraternal segment of the U.S. life insurance industry are struggling to stay relevant, given their limited financial resources and difficulties in growing membership, according to a new AM Best report. Net premiums written for the 44 U.S. life fraternal companies covered in this report have hovered around $10 billion in each of... The post Best’s: U.S. Fraternals Face A Difficult Growth Environment appeared first on InsuranceNewsNet.
Aging Holocaust Survivors Try To Sue Over Nazi-Era Insurance
by user on October 9, 2019 at 11:54 am
And as time runs out on aging Holocaust survivors, some are trying to recover insurance policies that were not honored by Nazi-era companies, which could be worth at least $25 billion altogether in today's dollars, according to the Holocaust Survivors' Foundation USA. The post Aging Holocaust Survivors Try To Sue Over Nazi-Era Insurance appeared first on InsuranceNewsNet.
Securities America Announces That Knight Investments Group Has Joined Its Platform
by user on October 8, 2019 at 2:00 pm
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc., today announced that it has successfully recruited Knight Investments Group, Inc., an independent wealth management practice in Russellville, Ark. with approximately $160 million in total client assets, to its platform. Gregg Johnson, Securities America’ s... The post Securities America Announces That Knight Investments Group Has Joined Its Platform appeared first on InsuranceNewsNet.
Foresters Financial Launches Enhanced Whole Life Insurance
by user on October 7, 2019 at 7:00 pm
--Foresters Financial™ today announces the launch of Advantage Plus II Participating Whole Life, replacing its flagship Advantage Plus Whole Life product, with lower premiums. Complimentary benefits and a shared purpose. Foresters Financial Vice President, Product& Pricing Jeremy W. Ragsdale said,“ We’ re excited to offer a whole life product that can be tailored... The post Foresters Financial Launches Enhanced Whole Life Insurance appeared first on InsuranceNewsNet.
WSJ Story On Greg Lindberg ‘Unfair And Inaccurate,’ Lindberg Company Claims
by user on October 4, 2019 at 2:35 am
Likewise, based on the information I have seen, the allegations from an unnamed source of a "hole" in the balance sheets of Mr. Lindberg's insurers are false. The fact is the North Carolina Department of Insurance said recently that there are no defaults with loans to Mr. Lindberg's companies and said this week that Mr. Lindberg's insurers have substantial "... The post WSJ Story On Greg Lindberg ‘Unfair And Inaccurate,’ Lindberg Company Claims appeared first on InsuranceNewsNet.