Tagged: Ontario

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Showdown Looms Over NY Push To Add Life Insurance To NAIC Rule

New York and California insurance officials signal a steadfast willingness to fight for life insurance to be included in any NAIC annuity best-interest rule.

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Advantages Of Whole Life Insurance 0

Carriers Reshape Indexed UL While Variable UL Sales Heat Up

Universal life products are hot and insurers are wasting no time tweaking their product offerings to take advantage of a fast-selling segment. First-quarter sales of indexed universal life rose 12 percent to $486 million compared to the year-ago period.

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MetLife Sells Remaining Stake In Brighthouse

MetLife and Genworth had different challenges to overcome in the second quarter. Metlife dumped its remaining stake in Brighthouse Financial for a loss of $212 million, which pushed down earnings.

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Genworth Financial Announces 2Q 2018 Results

As Announced On June 9, 2018, The Committee On Foreign Investment In The United States Completed Its Review Of The Proposed Transaction Between Genworth And China Oceanwide Holdings Group Co., Ltd And Concluded That There Are No Unresolved National Security Concerns U.S. Mortgage Insurance Adjusted Operating Income Of $137 Million Which Included A...

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Life Insurance Industry Facing Market Penetration Challenge

The life insurance industry has shown relatively steady sales over the past decade, but the number of policies and resulting market penetration are in decline, according to a new study by Conning.

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Unlocking The Benefits Of Cash Value In IUL

For a client in need of life insurance coverage, permanent life insurance can help address several crucial concerns by bridging the gap between their retirement savings and their retirement income goals.

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Life Insurance Shopping Tips 0

Although Largely Deflated, IUL Illustration Statute Lawsuit Rolls On

A federal appeals court upheld a ruling that the illustrations of the policy charges and interest rates were not deceptive, but left open the question of whether the challenged practices were unlawful or unfair.

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Insurers Dive Into Grand Building Expansion Plans

Several big-name insurers recently completed, or broke ground, on new construction projects for splashy new office spaces. While life insurance sales remain flat, the infrastructure investment reflects executive-level confidence that the economy is bright for insurance products overall.

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Million Women Mentors Announces Women In Insurance Initiative

Washington, D.C. – Citing both continued issues of inequality in the insurance industry and the potential to create unprecedented opportunities...

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