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Greg Lindberg ponders appeal as policyholders await June funds …
WEBMar 8, 2024 · Embattled entrepreneur Greg Lindberg is weighing options after a North Carolina Court of Appeals decision this week clears the way for his former insurance companies to be liquidated.. His ...
‘Excess mortality’ continuing surge causes concerns
WEBOct 26, 2023 · The Society of Actuaries polls of its members found that in August of last year 85% thought excess morality rates would continue to 2025. Two months ago, the same poll found that 79% believed ...
Interest rates, rising demand driving annuity sales growth
WEBWhat’s ahead in 2024 and 2025. While interest rates are expected to peak in 2023, the forecast for the 10-year Treasury rate is that it will remain around 4% through 2025.
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WEBSep 17, 2024 · Insurers, trade groups seek influence via donations in divisive election. The insurance industry donated more than $60 million during the current 2023-24 election cycle, according to Open Secrets ...
Prudential’s FlexGuard Variable Annuity Hits $1B In Sales
WEBNov 19, 2020 · Prudential Financial, Inc. (NYSE: PRU), a financial wellness leader and premier active global investment manager with more than $1.5 trillion in assets under management as of Sept. 30, 2020, has ...
Caught in financial storm, P&C insurers turn to reorg, layoffs
WEBOct 24, 2023 · The $13.2 billion in underwriting losses was the highest ever – almost three times higher than its 2021 results. (-$4.7 billion). Its operating loss to fell to $8.3 billion for its property ...
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WEBSep 1, 2024 · InsuranceNewsNet Magazine. Stories, updates, interviews and special topics from our monthly print publication. Click here to sign up for the full print edition and start receiving issues in your ...
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WEBSep 20, 2024 · Returning value to policyowners who hold Northwestern Mutual insurance products is an annual tradition for the company, which has paid a dividend every year since 1872. 1. Northwestern Mutual’s ...
State Farm Seeks 38% Rate Hike for California Renters Insurance ...
WEBAug 27, 2024 · State Farm's struggles in California. Large losses from natural disasters like earthquakes, wildfires, and severe storms, as well as consumer-focused insurance laws, have made it difficult for ...