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September 2020

Financial Planning for Retirement CE Program

September 22 @ 11:00 am - 2:00 pm

This course is only approved for North Carolina. There is NOT a test for this class. Financial Planning for Retirement (old# 11574 / new# 70416) Date: September 22, 2020 Time: 11:00 am - 2:00 pm CEUs: 3 Instructor Fee: $25 Instructor: Walter Batista, FLMI Two program options are available: Classroom - GPAgency, 7000 Six Forks Rd., Raleigh, NC 27615. Note: For safety purposes, this class is limited to 14 attendees and the use of a mask is required. Live Video…

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Life Insurance – InsuranceNewsNet

Regulators Begin ‘Personal’ Discussion Of Race And Insurance
The NAIC Executive Committee established the special committee this summer and gave it four charges and instructions to report back by the end of the year. Ray Farmer, South Carolina insurance commissioner and 2020 president of the NAIC, said the work will take much longer than that.
NAIC: As Millennials Approach 40, Life Insurance Being Ignored
The National Association of Insurance Commissioners issued the following news release:. Millennials are approaching a milestone birthday as the first in the generation turns 40. There is a clear need for better communication about life insurance policies across all generations, according to a new survey by the National Association of Insurance...
Globe Life Field To Host MLB Playoffs/World Series
--Globe Life is proud to announce Globe Life Field will host the 2020 Major League Baseball National League Divisional Series, National League Championship Series playoff games, and the World Series. In an effort to minimize exposure to COVID-19, Major League Baseball will hold playoff games in four "bubble" locations in California and Texas.
New Trade Group Finseca Aiming To ‘Unify The Industry’
A lengthy process to merge the Association for Advanced Life Underwriting and GAMA International came closer to completion this week when the new trade association revealed its name: Finseca. The new group starts with "just under 6,000 members," CEO Marc Cadin says, with plans to grow.
COVID-19 Speeds Up The Modernizing Of The Life Insurance Industry
The COVID-19 pandemic has put a spotlight on the significant role life insurance plays in the cycle of life, as well as the importance of modernizing the sales model to withstand dramatic disruptions to the ways the industry typically operates.
Study: Life Insurance Augments Social Security By $1.5T Over Nine Years
Between 2010 and 2018, the U.S. life insurance industry distributed nearly $1.5 trillion in claims and benefits to policyholders, an amount equal to 19 percent of all Social Security payments made over that same period, according to a study released today. If Social Security had to finance all the benefits provided by private life insurance, […]
Survey Reveals Confusion About How Much Life Insurance Costs
When asked why they don’t have life insurance, almost four in 10 (38%) said it would be too expensive. However, the survey suggests most people probably overestimate the cost. For example, a 20-year, $250,000 term policy would cost roughly $200/year for a healthy 30-year-old male and $185 for a healthy 30-year-old female.
Key Trends In M&A Insurance Revealed In 10-Year Liberty Mutual Study
"Having issued more than 2,000 policies since 2010 and managed over 300 notifications of warranty breaches across the globe, we are in a unique position to uncover M&A claim trends that can help deal makers and advisors better understand and manage their exposure," said Liberty GTS President Rowan Bamford. However, no more than 25% of […]
LL Global Hires Executive To Lead Its National Accounts Team
LL Global, Inc., the parent organization for LIMRA and LOMA, today announced it has hired John Carroll to lead its National Accounts team.
Life Insurance Named As Motive In North Dakota Homicide Case
Sep. 10-- A judge has denied a request to lower the bond for one of two people charged in the January death of a Bismarck man. South Central District Judge Douglas Bahr in an order filed Tuesday said electronic monitoring would not assure that Earl Howard, 42, of Belwood, Ontario, Canada, would be at future […]

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September 2020

Financial Planning for Retirement CE Program