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Estate tax exemption likely to stay high (or disappear) under Trump II
Nov 8, 2024 · The gift and estate tax exemption is adjusted annually for inflation and is $13.61 million for a single person in 2024. Unless Congress acts to extend the current language, the estate tax will ...
New lawsuit accuses National Life of misleading IUL illustrations
Nov 12, 2024 · Virani allocated 100% of the accumulated value under her policy to the US Pacesetter Index, the complaint states. According to her 2024 Annual Statement issued by National Life, 0% interest was ...
Not All Life Insurance Policies Cover COVID-19 Deaths
Dec 10, 2021 · Another exception is for cases when COVID-19 leads to covered conditions, such as organ failure. It is a good practice for applicants looking to buy a critical illness policy to read the contract ...
‘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.
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2025 insurance outlook: Dealmaking, distribution, capacity and ...
Dec 6, 2024 · M&A makes a comeback. Insurance merger and acquisition activity will resurge in 2025 as the economy recovers, venture capital investment increases, and interest rates begin to normalize.
Utah issues order for A-Cap insurers to stop doing business due to ...
Dec 4, 2024 · Utah Insurance Commissioner Jonathan Pike signed an order barring Sentinel Security Life from writing new business in the state after Dec. 31.
IUL: What you need to know about commissions
Oct 23, 2024 · Complexity of target premium. Agents sometimes assume they are earning commissions on total premiums for IUL sales. However, IUL commissions are calculated on target premium.
The insurance industry 2025: What’s ahead?
Dec 30, 2024 · With so many variables and unknowns swirling around the insurance industry, forecasting what’s ahead for 2025 and beyond is an exercise fraught with unusual difficulty.
New report projects 22% increase in car insurance costs after 15
Nov 28, 2024 · Rate increases in 2024 are largely a continuation of hikes in 2023, a year that saw full-coverage premiums rise by 24% in response to insurers' record underwriting losses ($33.1 billion) in the ...