Closed blocks of business can be a thorn in the side of life insurers. Whether a result of discontinued products or included in a merger or acquisition, these policies remain active and must be serviced, but over the long haul, they may have become very unprofitable. The post Unlocking The Value Of Closed Blocks Of Business appeared first on InsuranceNewsNet.

A House health-care panel approved legislation that would prohibit life-insurance, long-term care insurance and disability-insurance companies from using customers’ genetic information in changing, denying or canceling policies. The post Florida Panel Passes Bill To Ban Insurers From Using Genetic Info appeared first on InsuranceNewsNet.

LIMRA today announced three dynamic speakers to talk about what future customers will expect, what diversity and inclusion looks like and how technology will change customer expectations at the upcoming Distribution Conference. The post LIMRA Reveals Distribution Conference Speakers appeared first on InsuranceNewsNet.

LIMRA is now offering My Products, a dashboard that filters data from its Life Compass tool, to allow companies to “compare individual life insurance products with similar competitors’ products, boosting their ability to track their own performance and adapt to evolving market conditions.” The post LIMRA Expands Intel For Carrier Product Development appeared first on InsuranceNewsNet.

NEW YORK--(January 14, 2020)--Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE:EQH), today announced it is rebranding... The post AXA Equitable Life Announces Rebranding appeared first on InsuranceNewsNet.

-Today, John Hancock announces a major step forward in significantly streamlining the life insurance buying experience through a strategic collaboration with Human API, a leading health data platform, offering a simple, digital way for consumers to share access to their electronic health records in real time. Radically simplifying that process and... The post John Hancock Partners With Human API On Life Insurance Purchase Process appeared first on InsuranceNewsNet.

Until 2017, most financial criminal activity targeted banking institutions and credit cards. But the LIMRA Secure Retirement Institute reported in its analysis of a federal consumer survey that with more than $42 trillion in investible assets in the U.S., criminals have turned their attention to life insurance and retirement accounts. The post Fraudsters Eyeing Life Insurance And Retirement Accounts appeared first on InsuranceNewsNet.

That's the mantra that inspires Carolina Panthers quarterback Cam Newton and " The Cam Newton Foundation" as they work to enhance the lives of young people in the Charlotte, North Carolina area and around the country. Nationwide will contribute $25,000 to The Cam Newton Foundation. The player who received the most votes by Jan. 12, 2020 received the $25,000... The post NFL Star Cam Newton Wins Nationwide’s Charity Challenge appeared first on InsuranceNewsNet.

Insurance companies would be barred in Florida from using genetic information now widely available through such popular services as23andMe and Ancestry, under legislation filed Thursday by a leading House Republican. Insurers oppose the legislation, though, as another regulation that could disrupt the insurance market in Florida. The post Bill Would Bar Insurers From Using Genetic Information In Florida appeared first on InsuranceNewsNet.

On Jan. 1, the 2017 Principle-Based Reserving and Commissioners Standard Ordinary Table both took effect. Insurers had three years to meet the new standards, but some were certainly more prepared than others, one actuarial expert said. The post Insurers Ponder Product Design Amid New Reserve/Mortality Regs appeared first on InsuranceNewsNet.