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Encore Overview - November 2024 - Insurance News
Nov 11, 2024 · Based in San Diego, CA, Encore provides debt recovery solutions for consumers across a broad range of assets; MCM is a market leader in portfolio purchasing and recovery in the United States ...
Greg Lindberg ponders appeal as policyholders await June funds …
Mar 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 appeals court deals another blow to Greg Lindberg's crippled …
Mar 5, 2024 · A North Carolina appeals court partially reversed a lower-court ruling today and affirmed liquidation proceedings against insurers once owned by embattled investor Greg Lindberg.
Upstream Life fights for annuity business amid ratings slide, Texas ...
Nov 22, 2024 · AM Best was apparently unaware of those problems when it assigned a Financial Strength Rating of B- (Fair) and a Long-Term Issuer Credit Rating of bb- (Fair) to Upstream on Sept. 9.
The IUL conundrum: big sales and big problems
Sep 1, 2024 · One thing that nobody will argue is that IUL sells — and sells big. While other life insurance product lines lag with low-single-digit growth or negative sales numbers, IUL face amount increased ...
Long-term care costs continue to rise, regardless of politics
Oct 4, 2024 · Demographic pressures. The American population is rapidly aging as the number of Americans aged 65 or older is expected to increase from 58 million in 2022 to 82 million by 2050 – an increase of ...
AuguStar sheds Ohio National legacy with 'all products in all …
Jul 20, 2023 · Reigniting that business meant rebranding – enter AuguStar – and finding the right person to head up the effort. That person is Clifford Jack, who compiled an enormously successful annuity ...
FMO: Does an independent insurance agent need one?
Oct 10, 2024 · These services often include access to multiple carriers, product training, quoting engines, sales and marketing resources, lead generation support, compliance support and sometimes even back ...
‘Excess mortality’ continuing surge causes concerns
Oct 26, 2023 · Excess mortality is the difference between the total number of deaths for a specific time period and the number that would have been expected.