Category: Life Insurance - Page 2

Final DOL Fiduciary Rule Released Despite Insurance Industry Objections

April 25, 2024

The Biden-Harris administration announced this week the Department of Labor has finalized its Retirement Security Rule “to protect the millions of workers who are saving ... Read more

Life Insurance ‘Need Gap’ Grows in 2024

Insurance Forums Staff

April 17, 2024

A record-high number of American adults (42%) — representing 102 million people — say they need (or need more) life insurance, finds the 2024 Insurance ... Read more

OneAmerica, Broadridge Partner to Provide Female Advisors with Free Fiduciary Training

Insurance Forums Staff

March 28, 2024

As part of a new offering announced March 27 from the OneAmerica Financial Female Retirement Professionals Program, OneAmerica Financial and Broadridge Retirement and Workplace are ... Read more

Guinness World Record Life Insurance Policy Issued in Hong Kong

Insurance Forums Staff

March 6, 2024

There’s a new Guinness World Record for the most valuable life insurance policy ever sold, and it’s worth $250 million. Issued and fully underwritten by ... Read more

Royal Neighbors Launches Final Expense Product

Insurance Forums Staff

February 7, 2024

Rock Island, Ill.-based fraternal benefit society Royal Neighbors of America recently unveiled “Ensured Legacy Final Expense,” a suite of life insurance products with coverage customization ... Read more

U.S. Individual Life Payout Ratios Down Despite COVID-19 Mortality Concerns

Insurance Forums Staff

January 10, 2024

Higher premiums and fewer death benefits have led to reduced payout ratios on individual life insurance policies since 2020, despite concerns about COVID-19 and elevated ... Read more

SEC Reports Second-Biggest FY Fine Total Ever

Insurance Forums Staff

November 15, 2023

Enforcement results for Fiscal Year 2023 show 784 enforcement actions and obtained orders for nearly $5 billion in financial remedies and distributed almost $1 billion to harmed investors.