Elderly selling their life insurance to get pay out

Seniors may be missing out on $112 billion in life insurance settlements

Life settlements are being forfeited every year United States residents over the age of 65 are losing out on a collective $112 billion in life…

life insurance news

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

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…

Life insurance

Life insurance industry seeks to dissuade tax reform

Life insurance representatives flock to DC to defend tax incentives Insurance executives and advisers, many of whom are represented by the National Association of Insurance…

life insurance test

Life insurance is vastly misunderstood among American consumers

LIMRA has reported that 70 percent of people in the U.S. don’t understand the coverage. In the United States, ownership of life insurance has reached…

life insurance business sold

Life insurance unit in U.S. sold by Sun Life Financial

The sale of this and its American annuity business was made for a reported $1.35 billion. Sun Life Financial has just announced that it has…

insurance news

Life insurance reserves calculations change approved by regulators

State authorities have moved forward a new and controversial standard for insurers in the sector. Life insurance news has been made by state regulators that…

New York Homeowners Insurance Rules

New life insurance rules may have dramatic impact on industry

Top regulator warns of potential impact of new life insurance rules The New York Department of Financial Services has issued concerns regarding emerging rules that…