Life Insurance – InsuranceNewsNet
|World Financial Group Agents Get iPipeline Software Capability
iPipeline ®– a leading provider of cloud-based software solutions for the life insurance and financial services industry– today reported World Financial Group Insurance Agency, Inc., an insurance agency with over 50,000 agents, has launched the AgentOne app to modernize their new business platform. The enterprise-wide deployment enables WFG’ s agents to...
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POSTED DECEMBER 17, 2018 2:00 PM
|Vantis Life Installs New CEO
Vantis Life Insurance Company, an industry-leading life insurance provider for mass market consumers, will inaugurate its new Chairman and CEO Ray Caucci on Jan. 2, 2019. Caucci succeeds Peter Tedone, who will retire from Vantis Life on Jan. 1, 2019 after a 31- year career. He is a Fellow of the Society of Actuaries, a member of the American Academy of Actuaries, and...
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POSTED DECEMBER 17, 2018 11:30 AM
|Hybrid Life/LTCi: Breaking Down Barriers And Bridging Gaps
Hybrid life/long-term care insurance policies solve two problems: the life insurance gap among American households and the continued high cost of standalone LTCi.
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POSTED DECEMBER 14, 2018 2:54 PM
|Federal Life Completes Conversion To Stock Company
RIVERWOODS, Ill., Dec. 11, 2018 (GLOBE NEWSWIRE) -- Federal Life Mutual Holding Company (“FLMHC”) has completed its conversion from a...
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POSTED DECEMBER 12, 2018 2:10 PM
|AM Best Likes Horace Mann’s Acquisition Of National Teachers Associates Life
AM Best has commented that the Financial Strength Rating of A- and the Long-Term ICRs of“ a-” of National Teachers Associates Life Insurance Company and its subsidiary, NTA Life Insurance Company of New York, are unchanged following the announcement of the sale of the companies to Horace Mann Educators Corporation. The transaction, announced Dec. 10, 2018, is...
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POSTED DECEMBER 11, 2018 5:33 PM
|Millennial Business Owners More Likely To Work With Agents
Sixty-nine percent of Millennial business owners work with an insurance agent, followed by Boomers at 66 percent and Gen X at 59 percent. The most common reason for working with an insurance agent among all generations is the trust that business owners place on the guidance and expertise from an agent.
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POSTED DECEMBER 11, 2018 9:13 AM
|Horace Mann Acquiring Dallas Insurer In $405M Deal
Dec. 11-- Horace Mann Educators Corp. announced Monday it has signed a deal to acquire a Dallas- based insurance company for $405 million. The company will acquire National Teachers Associates Life Insurance Company, a family-owned firm that specializes in supplemental insurance products for teachers. NTA has about 220 agents nationwide and had about $130...
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POSTED DECEMBER 11, 2018 7:46 AM
|Cigna Expands Financial Wellness Services
“Most Americans admit to experiencing financial stress during the course of a year, so it’ s not surprising that it can take a toll on a person’ s health and well-being,” said Bill Smith, president of Cigna Group Insurance.“ My Secure Advantage provides the tools, resources and advice to meet the needs of individuals wherever they are in their personal financial...
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POSTED DECEMBER 10, 2018 1:00 PM
|Santa’s ‘Salary’ Puts Him Into The Upper Income Bracket
Insure.com' s annual salary calculation based on recent Bureau of Labor Statistics wage data shows Santa would earn a salary of $152,367. Santa's salary puts the Clauses in the upper class, comfortably passing the income bracket which defines the middle class as incomes between $40,500 and $122,000. "At this point in his career, Santa has high-value assets like...
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POSTED DECEMBER 08, 2018 9:20 AM
|Best’s Report: U.S. Life/Annuity Outlook Revised To Stable
AM Best cited increased profitability, improved regulatory and tax environments and a strengthening U.S. economy in adjusting its 2019 life insurance/annuities outlook from negative to stable. Also, an overall reduced balance sheet risk due to a proactive approach taken by companies in recent years is seen as a positive trend.
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POSTED DECEMBER 07, 2018 2:28 PM