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Home / Archive by category "Carrier News" (Page 3)

Browsing the "Carrier News" Category

Lincoln LifeGuarantee UL and SUL 2013 Product Approved in CA as of 9/23/2013


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 25 Sep 2013   Posted by CPS Insurance Services

The New Lincoln LifeGuarantee UL and SUL 2013 products will be approved in California starting on 9/23/2013. If you are working on any cases using the LifeGuarantee UL or SUL 2012 products, there is a 30 day transition period, so Lincoln would need the fully completed applications and forms in house before...

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Mutual Of Omaha’s New Gender Specific LTCI Product Introduced


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 20 Sep 2013   Posted by Terese Chanel

Mutual of Omaha is rolling out MutualCare Solutions, their new gender specific product, as of September 16, 2013. New features include: Gender distinct rates Compensation has been revised to be more competitive Issue ages now 30-79 Revised benefit levels and periods Transition Rules are: September...

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Global Atlantic’s New Life Company Name Announced – Accordia Life


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 16 Sep 2013   Posted by CPS Insurance Services

As you know, Aviva USA’s life insurance business is being purchased by Global Atlantic and is expected to close in early fourth quarter.  Global Atlantic is pleased to announce the new name for the life insurance business will be Accordia Life. Accordia Life was chosen after several months of research...

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The Latest Information On The Aviva Transition To Athene & Global Atlantic


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 10 Sep 2013   Posted by CPS Insurance Services

Aviva  is approaching an important milestone in the next phase of its evolution, with the upcoming sale of Aviva USA to Athene Annuity and the separation of the life business to Global Atlantic. As you may know, Athene has obtained regulatory approval from the Iowa Insurance Division as well as an agreement...

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The Supreme Court Rules the Federal Defense of Marriage Act (DOMA) Unconstitutional


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 05 Jul 2013   Posted by CPS Insurance Services

On June 26, 2013, the United States Supreme Court issued its decision in United States v. Windsor ruling the federal Defense of Marriage Act of 1996 (DOMA) unconstitutional because it denies equal protection of the law to legally married same sex couples.  This decision makes a number of important...

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Allstate Announces The Sale Of Lincoln Benefit Life


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 04 Jul 2013   Posted by CPS Insurance Services

Allstate Corporation announced the sale of Lincoln Benefit to Resolution Life Holdings, Inc.  Life insurance sales will cease as of July 24, 2013. Allstate Official Press Release >   Related Articles: Bloomberg: Cowdery's Resolution Buys Allstate Life Business In U.S. > Reuters:...

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American General Introduces An Income Rider – That Won’t Affect The Guarantees On Their GUL Product


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 02 Jul 2013   Posted by Sean Farrell

American General has recognized that consumers wanted long-lasting protection and more financial control during uncertain economic times - and has introduced the Lifestyle Income Solution Rider on their Secure Lifetime GUL product. This rider offers clients the ability to take guaranteed income, without...

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Genworth LTC Underwriting Changes


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 18 Jun 2013   Posted by Terese Chanel

You've seen the 'new product in CA announcement'- I wanted to make sure everyone was also aware of the recent change in LTC underwriting at Genworth. A paramed is now required in ALL states, regardless of product - this will make the application process easier for agents, as they no longer have to ask all of the medical...

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Foresters Is Teaming Up With Families To Help Transform Communities


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 15 Jun 2013   Posted by CPS Insurance Services

Help ForestersTM and KaBOOM!, a non-profit dedicated to play, as we build a playground for a deserving community in your area. It's the perfect way to spend time with your entire family while making a difference. Volunteers of all ages will be able to participate in some capacity. Adults 18+ will...

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Genworth Will Launch Its New California LTC Product On July 1st


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 11 Jun 2013   Posted by Terese Chanel

Please see the invitation announcing the launch and inviting you to the regional meetings Genworth will be hosting at the end of June into early July. Please make note, seating is limited, so you must RSVP for a specific location and then you will receive an email with the address and full details. ...

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