Latest Life Insurance Headlines

All the headlines from our Life Insurance Topic Page, ordered by recency.

Former Texas Commissioner Named President of Life Ins. Companies

Oct 18 2006 // Former Texas Secretary of State and Commissioner of Insurance Elton Bomer has been named president of four insurance companies: American Reserve Life Insurance Co., Liberty Bankers Life Insurance Co., Mid-Continent...

Chicago Fort Dearborn Life Merges with Mutual Legal Reserve

Oct 5 2006 // Chicago Fort Dearborn Life Insurance Co., a subsidiary of Health Care Service Corporation (HCSC), a Mutual Legal Reserve Co., has successfully completed its merge with Oklahoma-based Member Service Life Insurance Co., also...

Middle Market Continues to Befuddle Life Insurance Distribution System

Sep 12 2006 // America’s middle market has generated much attention in the life insurance industry and among consumer advocates for being underserved. Despite some middle-market-targeted successes in individual companies, the...

Subsidiary of Health Care Service to Merge with Okla. Member Service Life

Sep 7 2006 // Fort Dearborn Life Insurance Company, a subsidiary of Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company, today announced its intent to merge with Oklahoma-based Member Service Life Insurance Company,...

Ohio Anthem Life Insurance Celebrates Golden Anniversary

Sep 5 2006 // Cleveland, Ohio-based Anthem Life Insurance Company announced that in conjunction with the beginning of Life Insurance Awareness Month in September, it is celebrating 50 years of providing group life and disability...

Custer bought life insurance policy before Battle

Sep 4 2006 // A copy of Lt. Col. George Armstrong Custer’s life insurance policy is on display at Fort Abraham Lincoln State Park in North Dakota. The replica of the $5,000 New York Life Insurance policy was taken out on June 4,...

Navigating Washington’s business and occupation tax tangle

Sep 4 2006 // Washington State’s current business and occupation (B&O) tax laws operate under a unique structure that can confuse even the most astute insurance agent or company. Harbored within this structure is the question...

Also, Phillip Hill was elected chief financial officer and vice president of operations. Hill has been part of Ogilvy-Hi

Sep 4 2006 // PeopleOgilvy-Hill Insurance elected Mark Shipp president and CEO. Shipp has been with Ogilvy Hill for 11 years. In addition to his new role as president/CEO he will continue to build new relationships in the field. The...

Navigating Washington’s business and occupation tax tangle

Sep 4 2006 // Washington State’s current business and occupation (B&O) tax laws operate under a unique structure that can confuse even the most astute insurance agent or company. Harbored within this structure is the question...

Custer bought life insurance policy before Battle

Sep 4 2006 // A copy of Lt. Col. George Armstrong Custer’s life insurance policy is on display at Fort Abraham Lincoln State Park in North Dakota. The replica of the $5,000 New York Life Insurance policy was taken out on June 4,...

Ill. Native Recipient of Life Industry’s John Newton Russel Memorial Award

Aug 31 2006 // James M. Benson, CLU, a successful producer and executive of some of the top companies in the life insurance industry, was named recipient of the 65th annual John Newton Russell Memorial Award. The award recognizes...

Chicago Fort Dearborn Life Acquires HM Life Insurance Company

Aug 17 2006 // Chicago-based Fort Dearborn Life Insurance Co., a subsidiary of Health Care Service Corp. (HCSC), a Mutual Legal Reserve Company, has completed the acquisition of the life and disability business of HM Life Insurance...

Washington Military Policyholders to Share in Settlement

Aug 11 2006 // More than 1,100 current and former military personnel in Washington will be eligible to share in a $70 million multi-state settlement signed by Insurance Commissioner Mike Kreidler over the improper sale of insurance and...

Ohio Military Personnel to Benefit from $70 Million National Settlement

Aug 9 2006 // The Ohio Department of Insurance recently announced that the Department has joined a $70 million multi-state and federal settlement with Texas-domiciled American-Amicable Life Insurance Company and its affiliates regarding...

HCC Insurance Holdings Acquires Minn. Allianz Life Insurance

Aug 4 2006 // Houston-based HCC Insurance Holdings, Inc. announced today that the Company had reached an agreement to acquire the assets of Allianz Life Insurance Company of North America’s Health Products Division for a cash...

London-based Aviva PLC Aquires Iowa’s AmerUs for $2.9 Billion

Jul 14 2006 // Aviva PLC, Britain’s largest insurance company, said Thursday it will take over U.S. life insurance company AmerUs Group Co. in a $2.9 billion deal that will expand the U.K. insurer’s reach into the U.S....

N.C. Settlement to Benefit 25,000 Minority-Members

Jul 10 2006 // Some 25,000 minority North Carolinians victimized by race-based premiums could benefit from a settlement agreed upon by Western and Southern Life Insurance Co. and the North Carolina Department of Insurance. The company...

Provider Asks for Clarification on Florida Freedom to Travel Bill

Jun 27 2006 // Independent agents that sell travel insurance will be interested in the outcome of Florida’s Freedom to Travel Bill, HB299, but the Travel Assist Network, asked for clarity in a debate about the differences between...

Minn. Life Group Announces New Office Locations

Jun 22 2006 // Minnesota Life Group Life Insurance announced the opening of four new offices across the nation to accommodate rapid growth.The newest offices are in the Chicago, Los Angeles, and Charleston, W.V. areas. The Manhattan...

Florida Releases Its Annual ‘Top-10 Fraud List’

Jun 21 2006 // The Florida Department of Financial Services has released its annual “Top-10 Fraud List,” summarizing 10 of the costliest or boldest securities, finance and insurance fraud scams investigated by the DFS...