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.
You Bet Your Life (Insurance): Private Equity Comes For Your Annuity
There are signs that private equity's destabilizing role in the insurance industry is growing. In 2020 and 2021 (as we wrote at the time), large private equity (PE) firms were buying up life insurance companies to gain control of their huge annuity…
Tesco's new life insurance offering is helping families protect their future
Life is unpredictable, but your family's future doesn't have to be. A recent study† commissioned by Tesco Insurance found that almost one-third of UK adults would be forced to sell their family home if their partner died unexpectedly. That's…
Mandatum Life Insurance Co Ltd Sells 5,430 Shares of NVIDIA Corporation $NVDA
Mandatum Life Insurance Co Ltd lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 44.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The…
Lincoln National (LNC) Price Target Cut to $46 at Morgan Stanley in Insurance Sector Update
Lincoln National Corporation (NYSE: LNC) is included among the 15 Best Stocks to Buy Now for Passive Income. On March 3, Morgan Stanley lowered its price recommendation on Lincoln National Corporation (NYSE:LNC) to $46 from $50. The firm reiterated…
The Ultimate Guide to Balancing Life Protection and Wealth Creation with Term Insurance and ULIP Plans
When you invest in a term life insurance plan or a ULIP Plan, you are not just protecting your loved ones or building a brighter future for yourself; you are at the same time reducing your taxes. When you pay premiums for these insurance plans…
Kalshi and Polymarket CEOs Are In a Bitter Feud
Here's one prediction you can make safely: Shayne Coplan won't be getting a birthday invitation from Tarek Mansour anytime soon—and vice versa. The two young billionaire CEOs run the biggest prediction market sites, but can't stand each…
Property ownership rule hampers insurers' push into senior care business
Insurers are weighing entry into the rapidly expanding senior care sector, including nursing homes and long-term care facilities, but regulatory requirements that mandate operators own the land and buildings used for such facilities are emerging as…
MrBeast's Teen Banking App Draws Concerns Over Crypto Plans
MrBeast has gone from giving away money to asking teenagers to trust him with theirs. The YouTube star with 469 million followers recently acquired Step, a financial services app with 7 million teen users. The acquisition means his company Beast…
Blowhard ChatGPT bot posed as lawyer, convinced woman to fire her real attorney - while citing phony 'case law': suit
A baloney-spewing ChatGPT bot posed as a lawyer and sweet-talked an Illinois woman into firing her real attorney — while citing completely bogus case law, a wild new lawsuit claims. The AI-powered chatbot urged Graciela Dela Torre, of Des…
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Your Retirement Savings in Your 70s-How Do You Compare?
The average retirement account balance for Americans in their 70s is $250,000, but the median is significantly lower than that. Once required minimum distributions (RMDs) start at 73, it's wise to have a plan for your taxes. Get personalized…
Ingles Markets, Incorporated $IMKTA Shares Sold by Vanguard Group Inc.
Vanguard Group Inc. cut its holdings in shares of Ingles Markets, Incorporated (NASDAQ:IMKTA - Free Report) by 1.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned…
Boston Celtics, Sun Life celebrate 12th annual Fit to Win youth program with appearances by Hugo González, Derrick White and Amari Williams
This year's program started in February with the Fit to Win Health Fair at the East Boston YMCA, offering the kids experiences with creative writing, selecting fruits and vegetables to take home, vision screenings, smoothie tasting, vegan cuisine…
Some Twin Rivers parents pull kids from school during teacher strike
SACRAMENTO, Calif. — Some parents in the Twin Rivers Unified School District questioned whether it made sense to send their children to school as a teacher strike stretched into a second day Friday. The district has kept schools open during…
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Allstate Corporation Stock: Is ALL Outperforming the Financial Sector?
The Allstate Corporation (ALL), headquartered in Northbrook, Illinois, provides property and casualty, and other insurance products. Valued at $55.6 billion by market cap, the company sells private passenger automobile and homeowners insurance…
Tokio Marine (OTCMKTS:TKOMY) Shares Gap Up - Time to Buy?
Shares of Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $38.92, but opened at $40.32. Tokio Marine shares last traded at $38.50, with a volume of 11,802 shares…
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