Life insurance sales to begin in Massachusetts by Mapfre USA

life insurance agent policy

The largest auto insurer in the state has now announced that it is branching into this coverage sector. The Commerce Insurance parent company, Mapfre USA, has now announced that it will be branching out into the life insurance market in Massachusetts, expanding its offerings to consumers in the state. This is occurring as the company faces increasing competition in the auto insurance market. Large national companies such as Progressive and GEICO have been putting the pressure in the traditional business of Mapfre USA, so that insurer is now reaching out…

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Man pleads guilty to murder in life insurance fraud case

Serious Life Insurance Fraud

The individual has admitted to helping a friend kill his wife in order to claim the policy’s benefits. A DNA match in evidence from a murder case has led a man to plead guilty to having helped his friend to kill his wife so that benefits could be claimed on the life insurance policy that had been taken out for her. Initially, Dellendo Campbell had thought that he was not going to be caught for his involvement in the murder. The reason that Campbell believed that he wouldn’t be caught…

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How Life Insurance Has Changed in the Past 5 Years

Insurance Industry Change

Facing the realities of the economic state of affairs across this country, society has evolved to display continually increasing interest in financial solutions that provide improved and increased predictability. Whether they are found in the forms of life or death benefits, or simply in better asset protection, the industry is changing and adjusting to deliver to consumers these new demands.  In the past five years, the life insurance industry has adapted to the modification of the country’s financial climate, all while developing some exceptional ideas and solutions to meet the…

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Life insurance assets from Swiss Re in U.S. may soon be for sale

life insurance news

The company has announced that it is considering a retreat from the market in the United States. Sources familiar with Swiss Re Ltd. have revealed that it is thinking about putting its Aurora National Life Assurance Co. up for sale as it is drawing back from the American health and life insurance marketplace. This second largest reinsurer in the world is now taking efforts to seek out buyers for the assets. Swiss Re is working alongside Barclays PLC in order to be able to locate buyers for Aurora National as…

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Life insurance companies changing perspective on cancer survivors

Life Insurance

The industry is discovering that the odds for victims of this disease are improving. Cancer survivors are now finding that it is easier than it has ever been to be able to purchase life insurance, when not very long ago it was considered to be nearly out of the question. Medicine has come a long way and is changing the outlook for survivors of this disease and their coverage options. It wasn’t that long ago that a diagnosis of cancer was the same as a death sentence, but that is…

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