Insurance Articles

Insurance Articles

Welcome to our Insurance Articles Section, we update our insurance articles every 5 hours.

Combined Insurance Celebrates Insurance Careers Month – Life Insurance Article

CHICAGO, Feb. 15, 2019 /PRNewswire/ — February is Insurance Careers Month, a cross industry-wide initiative that aims to highlight the wide variety of career paths available in risk management and insurance, as well as support efforts to recruit the next generation of insurance professionals. Combined Insurance, a Chubb company, is a leading provider of individual supplemental accident and health products, and individual disability and life insurance products. In 2019, Combined Insurance is planning to expand its salesforce of agents across the…

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Allianz Life Reports Solid 2018 Financial Results – Life Insurance Article

MINNEAPOLIS–(BUSINESS WIRE)–Allianz Life Insurance Company of North America (Allianz Life®) today announced its 2018 financial results, with assets under management rising to $138 billion and total premium reaching $12.7 billion, 16 percent higher than 2017. Allianz Life’s operating profit topped $1 billion for the third year in a row, reaching slightly more than $1 billion. However, given volatile market conditions in 2018, this was a slight drop following a record $1.18 billion in 2017, but was still in line with…

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LIC’s Marriage Endowment / Educational Annuity Plan – 90|Details with Calculators – Insurance Article

LIC’s Marriage Endowment/Educational Annuity Plan – Table 90 – is a specialized endowment assurance plan intended to help parents of young children to manage the marriage/educational expenses. LIC has withdrawn this plan from sale and hence it is no more available. Here at InsuranceFunda, we get a lot of queries about the benefits and details of the plan. This post will help you to clear your doubts about all the benefits of the plan. Marriage Endowment/Educational Annuity Plan – 90…

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FUKOKU MUTUAL LIFE INSURANCE Co Buys 1,200 Shares of Fifth Third Bancorp (FITB) – Life Insurance Article

FUKOKU MUTUAL LIFE INSURANCE Co grew its position in Fifth Third Bancorp (NASDAQ:FITB) by 17.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,000 shares of the financial services provider’s stock after purchasing an additional 1,200 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Fifth Third Bancorp were worth $188,000 at the end of the most recent reporting period. A…

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For The Policyholder! Merlin Law Group’s Kelly Kubiak Testifies Before The Florida Legislature | Property Insurance Coverage Law Blog – Insurance Article

Insurance company lawyers and lobbyists are a crafty crew. Kelly Kubiak got word from me after I learned late Tuesday afternoon that Florida legislators needed to hear from her early Wednesday morning regarding a proposed law that would let delaying, denying and wrongful acting insurance companies obtain a “get out of free jail card” so long as a claim was paid 20-60 days after appraisal. Kelly changed her schedule and travelled up to Tallahassee to do work For the PolicyholderTM.…

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Philip Morris eyes insurance incentives in campaign for vaping products – Life Insurance Article

Philip Morris is seeking lower insurance rates for smokers who switch to their ‘smoke-free’ IQOS products Published 12:01 PM, February 15, 2019 Updated 12:01 PM, February 15, 2019 Shutterstock photo While health promotion and Big Tobacco appears incongruous, Philip Morris International (PMI) says the technology in its new “vaping” products could be used to offer users activity-tracking services and even life insurance rebates. “We have electronics in the new product, so we have an ability to connect with… This is…

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What would you let go if times get tough? l NobleOak Blog – Insurance Article

If you lost some or all of your income or financial support for an extended period of time what expenses would you cut back first? This was the question we asked over 1,000 Australians in the 2018 annual NobleOak survey into consumer behaviour and Life Insurance. The research, conducted in December 2018, showed that entertainment costs are the first to be cut back if Australians lost some or all of their income. Respondents were asked to rank 13 items in…

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AM Best Affirms Credit Ratings of Lincoln National Corporation and Its Key Subsidiaries – Life Insurance Article

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of The Lincoln National Life Insurance Company and its wholly owned subsidiary, Lincoln Life & Annuity Company of New York (Syracuse, NY), which are the key life/health insurance subsidiaries of Lincoln National Corporation (LNC) (headquartered in Radnor, PA) [NYSE: LNC] and are marketed as Lincoln Financial Group (Lincoln). Additionally, AM Best has affirmed the FSR of…

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The Pros and Cons of Equitable Life Group Insurance – Life Insurance Article

Since 1920, Equitable Life has been located in Waterloo Ontario with regional service teams across Canada providing personalized service and support. I personally started dealing with their group department in 1998. In those days they were always the best fit for the Trucking Industry and I would always have them on my short list to gather pricing and solutions for my clients. These days they service many industries and can certainly compete against the best in the business from plan…

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Meiji Yasuda Life Insurance Company Has Cut General Electric Co (GE) Holding by $640,310; Market Valuation Declined; Alibaba Group Hldg LTD (BABA) Holder Partner Fund Management LP Boosted Its Stake by $6.61 Million – Life Insurance Article

Meiji Yasuda Life Insurance Company decreased its stake in General Electric Co (GE) by 54.97% based on its latest 2018Q3 regulatory filing with the SEC. Meiji Yasuda Life Insurance Company sold 58,210 shares as the company’s stock declined 44.60% with the market. The institutional investor held 47,691 shares of the consumer electronics and appliances company at the end of 2018Q3, valued at $538,000, down from 105,901 at the end of the previous reported quarter. Meiji Yasuda Life Insurance Company who…

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Equity, debt investments of life insurers see 10% rise YoY in September quarter – Life Insurance Article

The equity and debt investments of life insurance companies saw a 10 percent rise in the September quarter. Data from the Life Insurance Council showed that the equity assets (at market value) rose to Rs 8.56 lakh crore in Q2FY19 compared to Rs 7.74 lakh crore in the year-ago period, showing a 10.5 percent jump. Fixed income investments (at book value) stood at Rs 25.72 lakh crore at the end of the second quarter compared to Rs 23.3 lakh crore…

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How to Spot Squirrels in Your Attic – Insurance Article

Squirrels can be cute and fuzzy when they’re chewing acorns in your backyard. But those teeth aren’t as cute when they’re gnawing wires in your home or tearing up insulation. Squirrels don’t have the “icky” reputation of other household pests… but they’re still wild animals, and they can do serious damage. When squirrels makes themselves at home in your attic, they often create a real mess by gnawing on things or leaving behind feces and urine. That much damage in…

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How to Spot Squirrels in Your Attic – Insurance Article

Squirrels can be cute and fuzzy when they’re chewing acorns in your backyard. But those teeth aren’t as cute when they’re gnawing wires in your home or tearing up insulation. Squirrels don’t have the “icky” reputation of other household pests… but they’re still wild animals, and they can do serious damage. When squirrels makes themselves at home in your attic, they often create a real mess by gnawing on things or leaving behind feces and urine. That much damage in…

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Five Pet Subscription Boxes Every Pet Needs – Insurance Article

Love is in the air! So why not share a token of your affection for your sweet furry friends, with a gift you can both enjoy, one of the cool pet subscription boxes available. Whether you’re a new puppy owner or want to treat your favorite feline, a pop-up subscription box of toys, pet goods, and pet care items are a wonderful way to show how much you care to your pet every month.  We’ve got the top picks of…

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Ethos Life Insurance Company – Get a Decision in 10 Minutes – Life Insurance Article

Day to day, we hear a lot of negative opinions about the invention of the internet and technological advances, and how things were better “back in the day.” However, contrary to those beliefs, there have been a lot of great things about the internet invention. Not only is information instantly accessible, but you’re able to purchase a plethora of things in the comfort of your own living room – including life insurance! While you’ve been able to call and purchase…

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The downsides of permanent life insurance as an ‘investment’ – Life Insurance Article

Nathan Bachrach and Amy Wagner Published 5:25 p.m. ET Feb. 13, 2019 | Updated 5:25 p.m. ET Feb. 13, 2019 CLOSE Simply Money Advisors discuss why the average tax refund is lower this year. Simply Money, Cincinnati Enquirer Simply Money’s Nathan Bachrach and Amy Wagner (Photo: Provided by Simply Money Advisors) This spring, Simply Money Advisors is becoming Allworth Financial. As we expand our services to better meet your retirement planning needs, we needed a name that encompasses all that we…

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Your Apple Watch Series 4 Is an FDA-Approved Cardiac Monitor – Insurance Article

​Your Apple Watch Series 4 Is an FDA-Approved Cardiac Monitor The early diagnosis of medical problems is key to making health care more affordable. Seeing your doctor today costs less than a trip to the emergency room next week. Saving money is always good. Your health insurance provider is a big fan of saving money. Recently, the diagnosis of cardiac problems took a giant leap forward. Apple can now claim that their Watch Series 4 detects atrial fibrillation (AFib). Food…

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Fabric is the NYC Startup Built to Help New Parents Plan Their Financial Future – Life Insurance Article

We’ve all become familiar with the pushy life insurance agent, the one that bombards you with charts and articles telling you what financial products to buy to safeguard your future. It’s time for a straightforward platform and Fabric is the one-stop-shop built to help new parents organize their family’s financial life. Fabric allows new parents to create a free will and purchase affordable life insurance without meeting an insurance agent or undergoing a health exam.  The company was founded in…

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Everything Old is New Again: MEWA edition – Health Insurance Article

It’s been a while since we discussed MEWAs (Multiple Employer Welfare Arrangement), but this type of plan (along with AHPs and self-funding arrangements) have become hot (again). Why’s that? Well, primarily because they offer smaller employers the ability to (potentially) save a lot of money on their group health insurance plans. And how does that work? Mostly because, unlike ACA group plans, they’re medically underwritten, so relatively healthy groups can benefit from rates that reflect the actual risk, instead of…

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How to Create Insurance Claims Professionals – Insurance Article

For the insurance industry to survive and profit it is absolutely necessary that it maintains a staff of insurance claims professionals who can read, understand and apply the terms and conditions of the insurance policy, treat all insureds and claimants fairly and in good faith, and keep all of the promises made by the insurance policy. In addition the insurance claim professional must be able to recognize and defeat attempts at insurance fraud while dealing ethically and in good faith…

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Estate of known drug dealer not entitled to proceeds of mortgage life insurance – Life Insurance Article

Insurance law – Mortgage life insurance – Exclusions – Criminal offences – Evidence of parties – Practice – Appeals – Summary judgments Valentyne Estate v. Canada Life Assurance Co., [2018] B.C.J. No. 6984, 2018 BCCA 484, British Columbia Court of Appeal, December 27, 2018, E.A. Bennett, S. Stromberg-Stein and J.E.D. Savage JJ.A. The British Columbia Court of Appeal heard an appeal from a summary trial application in which the plaintiff insured, the administrator of her son’s estate, sought judgment against…

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SBI General Insurance: Big investors approached for SBI General Insurance deal – Life Insurance Article

Some of the world’s largest strategic investors such as Swiss Re, Zurich Insurance, Liberty General and bulge-bracket private equity firms such as Apax, Advent, Blackstone Group, Warburg Pincus and KKR have been approached to buy a 26 per cent stake in SBI General Insurance for around Rs 3,400 crore, said people with knowledge of the matter. Canada Pension Plan Investment Board (CPPIB), sovereign wealth funds such as Abu Dhabi Investment Authority (ADIA) and Temasek as well as existing investors like…

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