Monthly Archive: October 2018

ACLI Elects 2019 Chair And Board Of Directors

The American Council of Life Insurers issued the following news release:. The American Council of Life Insurers, whose member companies provide financial and retirement security to 90 million American families, elected its chair, officers and ACLI Board of Directors at the 2018 ACLI Annual Conference today. Ameritas CEO JoAnn Martin will serve as chair for…

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Court Upholds Dearborn’s Denial of Long-Term Disability Benefits

The Plaintiff in Ricky D. Hayes v. Dearborn National Life Insurance Company worked for F.A. Richards & Associates Incorporated as an adjuster for approximately 11 years when he became unable to perform the duties...

Feds: Woman Used Annuities, Life Insurance In $2.5 million Scam

The accused defrauded older clients out of more than $2.5 million by “(holding) herself out as a financial adviser specializing in retirement planning,” according to the criminal complaint filed in the U.S. District Court in the Illinois Northern District. Lucita Zamoras focused on the elderly, particularly immigrants.

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UT Life Rebrands To Milife Insurance

UT Life Insurance, a major player in the life insurance industry in Ghana, has rebranded to miLife Insurance with a promise to deploy technology to deepen life insurance penetration in the country. The corporate re-branding consist of a new corporate brand name, a new identity, a new slogan Live More and a renewed focus. Speaking at the rebranding programme in…

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NAIC Working Group Closing In On Disclosure Overview Language

A National Association of Insurance Commissioners working group wants to “enhance consumer understanding” with a proposed two-page summary to accompany life insurance illustrations. The group is making slow progress on the proposal, with a few issues remaining to work out.

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