Insurance

Florida Woman Gets Life In Prison In Murder-For-Life-Insurance Plot

TALLAHASSEE, Fla. (AP) — A Florida woman convicted of helping mastermind the killing of her husband nearly two decades ago has been sentenced to life in prison. The Tallahassee Democrat reports that a circuit judge sentenced Denise Williams on Wednesday, also giving her 30 years for conspiracy. Williams was convicted last December of first-degree murder […]

Insurance

MetLife: 4Q Earnings Snapshot

NEW YORK (AP) _ MetLife Inc. (MET) on Wednesday reported fourth-quarter net income of $2.07 billion. The New York-based company said it had net income of $2.04 per share. Earnings, adjusted for non-recurring gains, were $1.35 per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research […]

Insurance

3 Life Settlement Trends To Watch In 2019

By Darwin Bayston Insurance professionals have monitored the life settlements industry with a watchful eye in the aftermath of the significant market contraction a decade ago. But after working through some challenges related to regulation, capital flow and underwriting, the life settlements industry is coming off another year of growth in 2018 and seems poised […]

Insurance

Lincoln National: 4Q Earnings Snapshot

RADNOR, Pa. (AP) _ Lincoln National Corp. (LNC) on Wednesday reported fourth-quarter net income of $387 million. The Radnor, Pennsylvania-based company said it had profit of $1.80 per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to $2.15 per share. The results beat Wall Street expectations. The average estimate […]

Insurance

American Equity Reports 4Q And Full Year 2018 Results

Company Highlights Fourth quarter 2018 net income of $53.8 million or $0.59 per diluted common share; Full year 2018 net income of $458.0 million or $5.01 per diluted common share Fourth quarter 2018 non-GAAP operating income1 of $90.3 million or $0.99 per diluted common share; Full year 2018 non-GAAP operating income1 of $425.7 million or $4.66 per diluted common share Fourth quarter 2018 annuity sales of $1.1 billion […]