Articles
What a 50-year mortgage could mean for homebuyers
As he’s done several times during his administration, President Donald Trump threw out an idea on Truth Social. This time it was for a 50-year mortgage. No details; just the idea. InsuranceNewsNet asked some industry trade association experts to weigh in on what the proposal could mean for future homebuyers. The 30-year mortgage was created […]
11th Circuit sides with Florida sheriff in Parkland shooting insurance lawsuit
The 11th Circuit sided with the Broward County Sheriff’s Office in an insurance dispute over coverage related to the 2018 Parkland school shooting. The appeals court ruled Monday that the mass shooting constitutes a single “occurrence” under the Evanston Insurance Co. policy in force at the time. As a result, the sheriff is only required […]
Life insurance new premium up 16% in the third quarter, LIMRA reports
Life insurance new annualized premium increased 16% year over year to $4.3 billion in the third quarter, according to LIMRA’s preliminary individual life insurance sales results, which represent 80% of the U.S. market. The number of policies sold rose 10% in the third quarter. In the first nine months of 2025, new annualized premium totaled […]
Penn Mutual, co-defendants: Funeral home owners got bad advice on IUL
Penn Mutual companies say Montana funeral directors who claim a premium financing “scheme” cost them millions were victims of bad advice. Filed in July 2024, the initial lawsuit involves the sale of $67.5 million worth of premium-financed life insurance policies. Defendants include MassMutual Life Insurance Co., Penn Mutual Life Insurance Co. and other financial companies. […]