American life insurance ↝ Life insurance

Pan American Life Automates Claims Processing with Kofax Intelligent Capture and Exchange - NS Insurance

Kofax Solution enables leading insurance to process 7,000 insurance claims a week. The situation Be careful what you wish for. In 2002, when Pan-American Life Insurance Company introduced Worksite, a line of supplementary health, life and disability insurance for workers, the New Orleans-based mutual company expected they had a few years to keep records on paper and process claims by hand. In a pleasant surprise with a few less-than-pleasant implications, Worksite’s sales far exceeded projections. The challenge As a result, in only two years, the volume of claims grew to 7,000 per week, and claims processors struggled to keep up. You never want to complain about success, said Deborah Tatro...

How Insurance Companies Used Bad Science to Discriminate, JSTOR Daily

After the Civil War, the United States searched for ways to redefine itself. But by the 1880’s, the hopes of Reconstruction had dimmed. Across the United States there was instead a push to formalize and legalize discrimination against African-Americans. The effort to marginalize the first generation of free black Americans infiltrated nearly every aspect of daily life, including the cost of insurance. Initially, African-Americans could purchase life insurance policies on equal footing with whites. That all changed in 1881. In March of that year Prudential, one of the country’s largest insurers, announced that policies held by black adults would be worth one-third less than the same...

Elizur Wright, the father of U.S. life insurance, MassMutual

Relationships can sometimes start out tense, but be mutually beneficial in the end, making things better for those involved as well as the people and communities around them. That was the case over a century ago between MassMutual and the “father of American life insurance.” The answer is Elizur Wright, a 19th century American who started out his career as a mathematician and inventor and earned an early reputation as an outspoken abolitionist. How he became the father of insurance can pretty much be traced to one event, according to his biographers. It was a public auction of old, sick men in London in 1844. These men could no longer afford the premiums on their life insurance policies....

American Life Insurance: Get a Free Quote Today

Affordable Life Insurance To hold an American life insurance policy is a freedom that Americans enjoy as part of their daily lives and as such, we have so many choices that it becomes completely and utterly mind boggling at times. Other nations around the world are not as lucky as we are and they do not offer a wide range of policies to their citizens as are offered here. Insurance companies offer more options to their customers than any other country in the world and that sometimes makes it a bit more complicated for people to weed out what they need in a policy and what they don’t need. Insurance sector has become far more competitive. The situation is different to what it was ten...

Impact Partners BrandVoice: Life Insurance: There’s Something For Everyone

Life Insurance: There’s Something For Everyone Life insurance now is not the life insurance we once knew. Parents or grandparents can purchase life insurance at a minimal cost for their newborns, children, and grandchildren because of their young ages. By continuing to pay the same, level premium, over their lifetime, the cash accumulation can build and compound. Life insurance, purchased for young children or grandchildren, may provide lifetime benefits that few of us may realize. As your 1-year-old approaches college age, he or she may take a loan against the policy to help pay those education costs or to make the down payment on a first home. Loans from life insurance policies are tax-...

An American Life, With or Without the Affordable Care Act,

This is just one story of the millions of Americans whose lives have been changed by the Affordable Care Act. This kind of change has been a long time in the making. After nearly 100 years of talk, and decades of trying, President Obama finally made affordable, quality health care for all a reality for America. Today, 20 million more adults have health insurance. Three million additional children have health insurance than in 2008. America's uninsured rate now stands at its lowest level ever. One hundred and five million Americans no longer have lifetime limits on their coverage and 137 million Americans now have a right to coverage for critical preventive services with no out-of-pocket...

Pan-American Life Insurance Group Reports Sustained Revenue and Earnings Gains in 2018, Business Wire

NEW ORLEANS--( BUSINESS WIRE )--Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, announced today financial results for the full year ending December 31, 2018. PALIG continued its growth trajectory in 2018, while making investments in future growth. Pre-Tax Operating Earnings increased 6 percent in 2018 to a record $93 million with both business divisions posting strong results. In 2018, the company brought to market an Equity-Indexed Universal Life product, as well as invested in talent and technology, including expanding digital capabilities to position the company for continued future success. GAAP revenues...

SIMS v. GREAT AMERICAN LIFE INSURANCE COMPANY, FindLaw

United States Court of Appeals,Tenth Circuit. Clara A. SIMS, an individual, Plaintiff-Appellee, v. GREAT AMERICAN LIFE INSURANCE COMPANY, a Foreign Insurance Company, Defendant-Appellant. No. 04-5135. Decided: November 07, 2006 Before HARTZ, ANDERSON, and TYMKOVICH, Circuit Judges. David M. Gunn (Russell S. Post, Beck, Redden & Secrest, L.L.P., Houston, Texas, and Timothy T. Trump, Conner & Winters, P.C., Tulsa, OK, with him on the briefs), Beck, Redden & Secrest, L.L.P., Houston, TX, for Appellant. Steven L. Andrew (D. Kevin Ikenberry with him on the brief), Andrew, Williams & Ikenberry, A Professional Corporation, Tulsa, OK, for Appellee. Lawrence Sims died when the...

North American Company for Life and Health Insurance Launches New ADDvantage Term Life Product

North American Company for Life and Health Insurance Launches New ADDvantage Term Life Product Providing customers with lower cost products and living benefits to support them and their families WEST DES MOINES, Iowa, June 24, 2019 (GLOBE NEWSWIRE) -- North American Company for Life and Health Insurance (North American), a member of Sammons Financial Group, Inc. (SFG) and one of America’s leading insurance companies, today announced new lower premiums for its ADDvantage® Term life insurance product. In addition to competitive rates, ADDvantage Term features an accelerated death benefit for critical, chronic, and terminal illnesses at no extra cost , subject to eligibility requirements....

Pan American Life Insurance: Is it a good or bad choice? -

So you came to a realization that you need to get a life insurance policy to protect the most important people in your life, family. You search led you to Pan-American life insurance company and you’re wondering is this right company for you. Well, you have come to their right place since we’re an independent agency that works with top life insurance carriers with the expertise of what makes a great insurer. In this article, we will cover everything from the company rating all the way to their products. Below is a quick summary of my fellow cliff notes readers or a deep guide for my researchers: The company focuses on life insurance, accident and health insurance. Pan-American...