All the headlines from our Life Insurance Topic Page, ordered by recency.
Nov 25 2015 // A Florida podiatrist accused of killing his estranged wife is using part of her life insurance settlement to pay for his defense.The Tallahassee Democrat reports that 48-year-old Dr. Adam Frasch pleaded not guilty to...
Nov 5 2015 // Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit fell 18 percent after operating income declined at its life-insurance business.Net income dropped to 420 million euros [$458.6 million]...
Oct 28 2015 // U.S. Senator Elizabeth Warren said 13 major U.S. life insurers had admitted to using incentives such as expensive vacations and gifts, which could encourage agents “to put their own interests ahead of their...
Oct 5 2015 // Market conditions for UK non-life insurers are challenging as pricing remains weak across most business lines amid fierce competition, according to a new A.M. Best special report.Titled “UK Non-Life Earnings Under...
Sep 28 2015 // ACE Ltd. announced that it intends to appoint Juan C. Andrade, as executive VP of the new Chubb Group and President of the International Non-life Insurance division, which encompasses operations with both retail broker and...
Aug 21 2015 // A western New York man accused of killing his fiancee to collect on her life insurance is headed to prison on a fraud conviction.U.S. Attorney William Hochul says it’s believed to be the first time his office has...
Aug 19 2015 // Pictured left to right: Michael Mahoney and Susan DoyleAtlanta, GA, August 19 2015 — As part of the growth plans for its Auto Dealer and United States Longshoreman & Harbor Workers Act (USL&H) insurance programs,...
Aug 5 2015 // Two new research studies issued by market research firm Finaccord put a value of £4.64 billion [$7.234 billion] on the size of the total non-life insurance broking market in the UK in 2014, up marginally from £4.55...
Aug 4 2015 // French insurer AXA SA said first-half profit rose 2.3 percent, helped by higher life-insurance earnings in the U.S. and France.Net income at France’s biggest insurer climbed to €3.08 billion ($3.37 billion) from...
Jul 10 2015 // A settlement has been reached with the last remaining defendant in a 16-year-old lawsuit brought by the California Department of Insurance that arose out of the 1991 liquidation of Executive Life Insurance Co.The French...
Apr 24 2015 // Pennsylvania’s Acting Insurance Commissioner Teresa Miller announced Thursday that nearly 5,000 Pennsylvania consumers received $66.8 million in restitution payments or credits through the restoration of stolen...
Apr 10 2015 // The purchase of reinsurance by Indonesian non-life insurers is high, which could have a significant effect on capital requirements and magnify the capital impact of changes to reinsurance asset quality, according to anA.M....
Apr 7 2015 // It’s been a long process, but, according to Paul Fisher, deputy head of the Bank of England’s Prudential Regulation Authority (PRA), who supervises insurance and regulatory risk, the introduction of the...
Mar 24 2015 // California Insurance Commissioner Dave Jones announced multi-million dollar settlement agreements with Guardian Life and Pacific Life related to their use of the Social Security Administration’s Death Master File...
Feb 20 2015 // A man who led a Kansas commune that collected millions of dollars in life insurance payouts from dead members has been convicted of premeditated murder in the 2003 drowning death of a female member.Daniel Perez, 55, also...
Jan 21 2015 // The Pennsylvania Insurance Department said 2014 was a banner year for consumer protection. The department said its Office of Market Regulation concluded 2014 by collecting more than $4 million in penalties and fines and...
Jan 14 2015 // State Treasurer John Kennedy says audits of life insurance company policies have uncovered more than $31 million in unclaimed property for beneficiaries in the past eight years. The Treasury Department discovered the...
Dec 10 2014 // Max India Ltd., the Indian partner of MS&AD Insurance Group Holdings Inc., Japan’s biggest casualty insurer, surged to its highest in a month after a parliament panel recommended the nation increase the cap on...
Dec 8 2014 // A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and strong competition at home....
Dec 1 2014 // Starting a business is, statistically, a risky enterprise. The vast majority of ventures fail because of delays, poor product development, inadequate sales and marketing, and lack of working capital, among many other...