Permanent Life Insurance
Permanent life insurance news and analysis, with coverage of the whole life, variable life, fixed universal life, variable universal life and indexed universal life markets.
January 29, 2024
Ameriprise May Be Close to Making a Big Reinsurance DealCFO Walter Berman says there's a bid-ask gap in reinsurance, which represents an opportunity.
January 26, 2024
Voya Financial Advisors Gets FINRA Penalty Over Life SalesThe company resolved a case involving about $8.7 million in compensation.
January 25, 2024
Northwestern Mutual Names Its Next CEOJohn Schlifske plans to step down from the company's CEO post Dec. 31.
January 23, 2024
Annuity Designer Annexus Sponsors Golfer Dylan WuWu, who went pro in 2018, has played in 62 PGA Tour events.
December 26, 2023
Freeze an Asset's Value With an Installment Sale: Tax LawyerWhen done right, these transactions "can produce eye-popping transfer tax savings," CBS Brokerage exec Jack Elder says.
December 19, 2023
BroadRiver Group Closes on $12B Private Placement BusinessBlackstone's Lombard International focuses on life insurance and variable annuity arrangements for wealthy individuals and families.
December 11, 2023
Older Consumers Flock to Cash-Value Life PoliciesMIB sees a spike in application activity for shoppers ages 71 and older.
December 11, 2023
Indexed Life Sales Creep Higher: WinkAbout 80% of the buyers are using the policies mainly to accumulate cash, according to third-quarter data.
December 06, 2023
Pacific Life, Agent Face Suit Over $500K Payment That VanishedThe client asserts that bad wiring information caused him to transfer cash to cybercriminals.
November 30, 2023
Consumer Reps Ask States to Change Annuities' FacesAdvocates Birny Birnbaum and Brenda Cude say product illustrations make hypothetical returns look too pretty.