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 […]

$3M Settlement Proposed In Lawsuit Over Insurance Premium Increases

Rapid City Journal, The (SD) A class-action lawsuit over allegations of improperly raised insurance premiums could be settled for $3 million. Black Hills Federal Credit Union and a Wisconsin-based insurance company have agreed to pay a total of $3 million to settle allegations that they improperly raised insurance premiums associated with 4,461 loans. The proposed […]

Workers At Risk As Government Delays Insurance Premium Payment

The Federal Government may have been tacitly telling its workers that they are “on their own” as it delays in renewing the Group Life Insurance Policy (GLIP), with N15 billion worth of claims alleged to have been lost. Months after GLIP cover expired, insurance operators have been calling on the government to renew the premium […]

Investors Heritage Life Offers Single-Premium Deferred MYGA

FRANKFORT, KY – November 16, 2018 – Investors Heritage Life Insurance Company (“Investors Heritage”) announced today that it has expanded its suite of leading service offerings with the launch of the Heritage Builder Annuity, a single-premium deferred, multi-year, rate-guaranteed annuity. Investors Heritage is a Kentucky-domiciled life insurance company currently licensed in 38 states. The company […]

Top 10 Best Health Insurance Companies In The World 2018

Top 10 Best Health Insurance Companies In The World 2018 Health insurance companies’ cover or support medical expenses in case of hospitalization and accident these companies bear all type of expenses but in that case if contract of health insurance…