Life Insurance Industry News
A collection of Life Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
North Carolina Charging Order Against Delaware LLC Affirmed In Universal Life Insurance Company Case
This case arises in the Durham NC Superior Court. Universal Life Insurance Company ('ULICO') held a North Carolina judgment in excess of $524 million against Lindberg, resulting from the latter's breach of a guarantee in 2020. Lindberg held 100% of…
Fidelity, Vanguard and BlackRock are all adding annuities to 401(k) plans - betting retirees want pension-like income
If you crave more predictability when you retire, a trending 401(k) plan option could be the answer to your prayers. More of America's largest investment firms are shaking up the standard target-date fund model to offer guaranteed lifetime…
LIC targets stronger market leadership as it approaches its platinum jubilee
LIC CEO and MD R Doraiswamy has said that despite rising competition in the life insurance sector, the Corporation will stay focused on strengthening its leadership position while contributing to the national development as it heads toward its…
PayPay (PAYP), T&D Holdings Form AI-Driven Insurance and Fintech Alliance
PayPay Corporation (NASDAQ: PAYP) is one of the best young stocks with the highest upside potential. On June 4, T&D Holdings and PayPay Corporation announced a comprehensive business alliance aimed at combining insurance services, fintech…
Buy LICI Futures
The outlook for the stock of Life Insurance Corporation of India (LICI) (₹399.25) remains neutral. It has been moving in the narrow range of ₹360-440 and only a break away from this band will set a clear trend. Immediate resistance…
Tribunal dismisses retired Sanlam employee's bid to recover alleged R1 million pension loss
Retired Sanlam employee loses R1 million pension claim in tribunal ruling. A retired Sanlam employee has failed in his attempt to hold the Sanlam Umbrella Provident Fund liable for losses he claimed were caused by delays in the payment of his…
Lemonade Is Betting Everything on AI Insurance. Should Investors Follow?
Companies that are innovating with artificial intelligence (AI) have been rewarded by the market, even though volatility hasn't faded. Shares in Lemonade (LMND +0.47%) might be down 20% in 2026 (as of June 11), but they have skyrocketed 194% in the…
Mcap of eight of top-10 most valued firms surges by ₹1.90 lakh crore; ICICI Bank shines
The combined market valuation of eight of the top-10 most valued firms surged by ₹1.90 lakh crore last week, with ICICI Bank stealing the show, in tandem with a rally in equities. Last week, the BSE benchmark Sensex jumped 1,284.61 points…
Long-awaited NSE IPO set to advance; draft papers likely next week
The long-awaited initial public offering (IPO) of the National Stock Exchange (NSE) is set to move a step closer, with the country's largest stock exchange expected to file its preliminary papers with SEBI next week, people aware of the matter…
Menendez brothers eyed $20M insurance payout after parents' murders, Jose's ex-business partner claims
Thirty years after Lyle and Erik Menendez were convicted of murdering their parents, Jose and Kitty Menendez, Jose's former business partner still questions what led to the killings. In his new memoir, 'Karmic Winds: Reflections from the 'Smartest…
A surgery bill and changes to IP rider premiums made me relook my insurance. Here's what I learnt
I have to admit that insurance was, until recently, an afterthought for me. My mother has been a financial adviser for over 20 years and I had always left it in her capable hands to ensure I had sufficient coverage. I agreed to whatever she…
State pensioners can get extra £7,945 on top of DWP state pension
State pensioners are using annuities – pension products that swap a lump sum for a guaranteed income for life – amid the Cost of Living crisis. New figures from the Association of British Insurers show premiums paid into individual…
Coursera, Inc. (NYSE:COUR) Given Average Recommendation of 'Hold' by Brokerages
Coursera, Inc. (NYSE:COUR - Get Free Report) has earned an average recommendation of 'Hold' from the fifteen analysts that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, five have…
Arax Advisory Partners Sells 6,498 Shares of CME Group Inc. $CME
Arax Advisory Partners trimmed its stake in CME Group Inc. (NASDAQ:CME - Free Report) by 15.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,459…
Atlas Capital Advisors Inc. Takes Position in Tenet Healthcare Corporation $THC
Atlas Capital Advisors Inc. acquired a new position in Tenet Healthcare Corporation (NYSE:THC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The…
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