Citing the “employee injury exception” in an insurance policy, a federal appeals court has overturned the ruling of a lower court that Scottsdale Insurance Co. must pay claims related to the 2005 shooting death of an Easton, Pa., police officer.

American General Life Cos. says its new universal life insurance product, ContinUL, offers “affordable” death benefit coverage with secondary guarantees and flexible features allowing customization.

A trade group of insurance and financial service professionals has voiced its opposition to the growing use of stranger-originated annuity transactions (STATs).

New York Life Insurance Co. says the first nine months of this year mark the best on record for its term and permanent life insurance products.

Traditional life insurance protection is an essential safety net to many consumers, with two-thirds of those surveyed indicating that it is one of the safer financial products available today, new research shows.

The Phoenix Cos. introduced a new first-to-die universal life insurance product for two lives, featuring flexible premiums and cash accumulation.

Nationwide Financial has added the new YourLife No-Lapse Guarantee UL to its selection of fixed life insurance products, to provide clients with greater flexibility and enhanced services for financial advisors, the company said.

Women generally do not know about the “life benefits” available in a life insurance policy and when told find great appreciation for their ability to help in retirement planning, a new survey suggests.

A gender gap exists in the amount of life insurance benefits received by men and women after the death of a spouse, according to a survey by MetLife.

The cash value of whole life insurance policies could be a “secret weapon” for retirees trying to use the funds to supplement their retirement income during economic downturns, a new financial planning study suggests.