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Greg Lindberg ponders appeal as policyholders await June funds …
WEBMar 8, 2024 · Liquidation to be finalized. The ruling clears the way for liquidation proceedings to continue against the two Bankers Life insurers. "As it stands now, the Order of Liquidation will become ...
NC regulators release $1.2B from former Lindberg insurers in ...
WEBSep 15, 2023 · Regulators are releasing 25% of funds due to policyholders of Colorado Bankers Life Insurance Co. and Bankers Life Insurance Co. The withdrawal program is already underway, regulators said.
Top Stories Articles - Insurance News | InsuranceNewsNet
WEBSep 12, 2024 · How AI is revolutionizing insurance marketing. Insurance marketers are finding that artificial intelligence tools make them more productive while they keep up with the many new developments in AI ...
Policyholders still waiting as regulators unwind Greg Lindberg …
WEBJul 24, 2023 · Standard guaranty association coverages protect policyholders up to $300,000. Court documents indicate that nearly all of the policies in the receivership process are less than $300,000.
Interest rates, rising demand driving annuity sales growth
WEBFeb 1, 2024 · Over the past two years, significant annuity sales growth has been driven by interest rates, rising demand for protection and guaranteed income, and strong economic conditions. In 2022, annuity ...
Life Insurance News Articles | InsuranceNewsNet
WEBSeptember 10, 2024. Symetra Life Insurance Company, a stop loss pioneer and industry leader, announced a new critical illness step-down deductible endorsement that offers self-insured employers ...
LIMRA: Annuity sales post another record year in 2023
WEBJan 24, 2024 · Single premium immediate annuity sales were $3.5 billion in the fourth quarter, 9% higher than the prior year’s results. In 2023, SPIA sales jumped 43% to $13.2 billion, setting a new annual ...
Policyholders wait as Greg Lindberg insurers remain stuck in ...
WEBJul 7, 2022 · According to court documents, four insurers formerly owned by Greg Lindberg say they face shortfalls of more than $1 billion and that policyholders could take "severe losses” before a court ...