MoneyLion Launches Financial Heartbeat, A Fitness-Inspired Mobile Tracker

PR Newswire MoneyLion, America’s most powerful financial membership designed to help the hardest-working Americans save, borrow and invest, today launched the industry’s first health tracker for finances, the Financial Heartbeat. Similar to smartwatches and fitness wearables, the MoneyLion Financial Heartbeat simplifies the tracking and understanding of one’s financial wellness on their mobile device. “At MoneyLion […]

Indexed Life Sales Shatter Records In 2018, Wink Reports

Life insurance posted strong 2018 sales numbers in some categories. From Staff and Wire Reports Indexed life sales set a new record for 2018, according to Wink, Inc. in its 86th edition of Wink’s Sales & Market Report. Indexed life sales for the fourth quarter were $617.4 million, up more than 16.8 percent compared with […]

U.S. Life Insurance Premium Up 1% In 2018, Policy Count Flat

Life insurance sales are stagnant. From Wire Reports Total U.S. individual life insurance new annualized premium (premium) increased 1 percent in 2018, compared with 2017 results, according to the LIMRA U.S. Retail Individual Life Insurance Sales Survey. This represents the fifth year of growth in premium for U.S. life insurance. The study reported fourth quarter […]

6 In 10 Consumers Willing To Share Personal Data With Insurers For Lower Rates

Business Wire Nearly six in ten consumers would be willing to share significant personal information, such as location data and lifestyle information, with their bank and insurer in exchange for lower pricing on products and services, according to a new report from Accenture. (Graphic: Business Wire) Accenture’s global Financial Services Consumer Study, based on a […]

Pa. Woman Charged With Soliciting Husband’s Killer With Life Insurance Proceeds

Herald-Standard (Uniontown, PA) A Republic woman charged with trying to hire a man to kill her husband had the charges lodged against her held for Fayette County Court on Tuesday. Norman Pennington, 61, testified he initially thought Roxanne Guty, 51, was joking when she offered to pay him to kill her husband, Arthur Guty Jr. […]

New York Life Surpasses $1 Trillion Of Individual Life Insurance In U.S.

Business Wire Reaches new company highs for surplus, life insurance and annuity sales, and dividend payout NEW YORK–(BUSINESS WIRE)– New York Life, America’s largest mutual life insurer, today announced strong financial results for 2018, marked by record company highs in surplus, life insurance and annuity sales, and operating earnings. The company exceeded $1 trillion of […]

Genworth Financial To Lay Off 21 At Virginia Offices

Richmond Times-Dispatch (VA) Genworth Financial Inc. is laying off about 80 employees, including 21 workers at the company’s corporate headquarters in Henrico County. The insurance giant said about 35 people also will be laid off from the company’s operation in Lynchburg. The rest are remote workers. Genworth is temporarily suspending the sales of individual long-term […]