info@independent.life
1-800-793-0848
Mosaic for iStructure
Have a life insurance policy insured prior to 2018?
 

Blog

Independent Insurance Group LLC acquires Sterling National Life
Industry NewsStructured SettlementsJanuary 26, 2021by Patrick Hindert

Independent Insurance Group LLC acquires Sterling National Life

JACKSONVILLE, Fla., Jan. 25, 2021 /PRNewswire/ — Independent Insurance Group LLC (“Independent Group”) today announced that it has entered into a definitive agreement to acquire Sterling National Life Insurance Company (“Sterling National”) from SILAC Insurance Company (“SILAC”). Independent Life Insurance Company (“Independent Life”), Independent Group’s life and annuity subsidiary, is focused on the primary issuance of structured settlement...

Share
READ MORE
Let’s Talk About: Suitability and Settlement Planning
Structured SettlementsIndustry NewsJanuary 25, 2021by Patrick Hindert

Let’s Talk About: Suitability and Settlement Planning

The Society of Settlement Planners (SSP) will host its virtual 2021 Annual Conference for February 23-25 and has already announced the session topics and most of the speakers. One session which should provoke considerable discussion is titled “Suitability and Settlement Planning.” It appears to reference language in SSP’s Practice Standard #9 within the Settlement Planning Practice Standards (Practice Standards)...

Share
READ MORE
New Blog Series: Let’s Talk About…
Company NewsStructured SettlementsJanuary 19, 2021by Patrick Hindert

New Blog Series: Let’s Talk About…

Let’s Talk About Conference season, albeit virtual, has officially kicked off with both the Society of Settlement Planners (SSP) and the National Structured Settlement Trade Association (NSSTA) announcing dates for their virtual 2021 Annual Conferences: February 23-25 for SSP and May 4-7 for NSSTA. SSP has already launched their conference website highlighting their agenda topics and speakers with a healthy mix of anticipated...

Share
READ MORE
Society of Actuaries Structured Settlement Mortality Studies
Structured SettlementsJanuary 11, 2021by Patrick Hindert

Society of Actuaries Structured Settlement Mortality Studies

Every structured settlement professional is familiar with the term “substandard age rating” as well as the important role more generally of “mortality risk” as one rationale for selecting a structured settlement. Not all structured settlement professionals, however, are aware that the Society of Actuaries (SOA) has sponsored and published six intercompany studies of mortality experience related to...

Share
READ MORE
Independent Life Insurance Company Announces Reinsurance Agreement
Company NewsJanuary 4, 2021by Patrick Hindert

Independent Life Insurance Company Announces Reinsurance Agreement

DALLAS, Jan. 4, 2021 /PRNewswire/ — Independent Life Insurance Company (“Independent Life”) announced today it has entered into a reinsurance agreement with Hannover Life Reassurance Company of America (“Hannover Re US”), rated A+ by A.M. Best. In accordance with this agreement, effective October 1, 2020 Hannover Re US will reinsure a percentage of Independent Life’s in-force business and new business....

Share
READ MORE

Newer Posts

Older Posts

Turbocharge your firm with our free resources

    Subscribe to our Newsletter

      Any discussion of taxes herein is for general informational purposes only and does not purport to be complete or cover every situation. Independent Life, its affiliates, its distributors, and its and their respective representatives do not provide tax, accounting, or legal advice. You should confer with your qualified legal, tax and accounting advisors based on your particular circumstances. All guarantees are obligations of Independent Life Insurance Company.