Archive for May, 2002

Life Insurance Sales Up; Banks’ Market Share Isn’t

Though bank sales of life insurance grew robustly last year, these sales remain an insignificant part of bank revenues — an opportunity not yet grasped.Observers said the life insurance market is ripe for picking, since many Americans are either underinsured or have no life insurance at all.But banks have yet to crack the market — […]

Suit shows solution to life insurance disclosure remains elusive

Most life insurance agents don’t draw much attention in the general business press. In Indianapolis, Daniel Brunette was an exception.Operating in a midsize market, for years he wore the crown as top sales agent nationally for Milwaukee-based Northwestern Mutual Life Insurance Co.He’s still in the top ranks — No. 3 in sales nationally, according to […]

Judge awards $42,000 to teen, Life insurance policy originally designated to daughter in ‘99

The daughter of a Vidor woman killed 11 years ago now is entitled to collect life insurance money awarded to her in a 1999 wrongful death lawsuit, an Orange County judge ruled Friday.Monica Page was awarded just over $42,000 from a life insurance policy belonging to her mother, Kathy Page. The court held the money […]