Month: June 2024

MassMutual Payment Options for Accounts and Policies Life insurance plays a critical role in providing financial security to individuals and families, and MassMutual offers a variety of payment options for accounts and policies to ensure convenience and flexibility for their clients. Life insurance can be a cornerstone of a solid financial plan, offering benefits that […]

Annexus Partners with John Hancock for Innovative Life Insurance Solutions Annexus, a leader in the financial services industry, is making headlines with its latest partnership with John Hancock to introduce a new Indexed Universal Life (IUL) insurance solution. This collaborative effort aims to strengthen life insurance offerings and provide more comprehensive coverage for policyholders. Expanding […]

Court Rules Insurers Are Parties in Interest in Bankruptcy Proceedings WASHINGTON – In a significant legal development, the court has ruled that insurers are considered parties in interest in bankruptcy proceedings. This decision allows for reorganization plans to potentially include § 524(g) channeling injunctions, where insurance assets can be allocated into a trust aimed at […]

Universal Insurance (NYSE:UVE) Share Price Crosses Below Two Hundred Day Moving Average Universal Insurance Holdings Inc. (NYSE: UVE) has seen its share price fall below the 200-day moving average of $18.39, signaling potential concerns for shareholders. As the company focuses on developing, marketing, and underwriting personal residential insurance products, the latest market movements have raised […]

Lincoln Financial Investments and Life Insurance Benefits In recent news, Lincoln Financial Investments Corporation, under the direction of adviser Lincoln Life & Annuity Company of New York, unveiled important updates regarding Form 497K, part of their variable insurance services. These changes aim to enhance the offerings and broader benefits of various life insurance policies. Life […]

Medical Debt Cancellation Act: Temporary Relief Highlights Need for Comprehensive Life Insurance The recent Medical Debt Cancellation Act aims to provide significant relief to millions suffering under the weight of medical debt. However, experts argue that the root cause of this financial burden remains unaddressed. One critical point of focus is the importance of comprehensive […]

Latest Developments in Life Insurance: Lincoln Variable Insurance on the Rise In the evolving landscape of life insurance, the latest SEC filing for Form 485BPOS from Lincoln Financial Group sheds light on significant advancements. As announced by StreetInsider, Lincoln Financial Investments Corporation, referred to as the “Adviser,” has entered into contractual agreements to enhance their […]

The Retirement Advice Gap Creates an Opportunity for Advisors As the complexities of retirement planning continue to grow, a significant gap in reliable advice has emerged. This gap presents a unique opportunity for advisors to position themselves as essential resources. Life insurance, with its varied benefits, is a crucial aspect that should not be overlooked […]

Donald Ferchak Obituary – Dracut, MA (1933-2017) The life and legacy of Donald Ferchak, a revered figure in the insurance industry, are being remembered. Donald, who passed away in 2017, dedicated over 31 years of his professional career to John Hancock Insurance Company, ultimately retiring as their Marketing Director. Donald Ferchak’s Contribution to the Life […]

India’s GST Council to Clarify Reinsurance Stance in Upcoming Meeting As the insurance sector continues to evolve, life insurance remains a pivotal component for individual financial security. The forthcoming meeting of India’s GST Council holds significant implications not only for reinsurers but also for policyholders who rely on life insurance for various aspects of their […]