In a groundbreaking shift that has reverberated through the financial and insurance industries, a federal appeals court ruling has redefined the landscape for fractional life insurance policies, classifying them as securities under federal law. This decision, emerging from the Ninth Circuit Court
In a landscape where public sector insurance programs face mounting pressures from rising healthcare costs and evolving employee needs, the Group Insurance Board (GIB) has taken decisive steps to address these challenges head-on. During a recent meeting, the Board delved into the intricacies of the
Unveiling a Hidden Threat in Home Safety Picture a devastating fire tearing through a home, leaving behind not just charred remains but also a shocking financial blow: an insurance claim denied due to a missing or malfunctioning smoke alarm. This scenario is far from hypothetical, as millions in
In the heart of New York’s Finger Lakes region, families are grappling with an economic reality that’s becoming increasingly difficult to navigate as the cost of living continues to climb at an alarming rate, forcing many to seek affordable solutions like term life insurance. Inflation has
In a nation where insurance penetration lingers at a disheartening rate of less than 1% of GDP, as reported by the Insurance Regulatory Authority (IRA), the urgency for accessible risk protection has never been more evident. Uganda faces mounting challenges from economic uncertainties,
What happens when a life insurance policy, intended as a financial safeguard for a business loan, turns into a courtroom showdown? In a gripping legal dispute, First Internet Bank of Indiana has locked horns with American General Life Insurance Company over a $1.4 million payout, highlighting not
