A paradox exists for life insurance: Ownership in individual life insurance has fallen to a 50-year low, yet a record number of people say they would falter if the primary household earner died.

A Washington state jury found a 40-year old man guilty of second-degree murder in the drowning death of his step-daughter in what prosecutors said was an effort to collect a $200,00 life policy taken out three months earlier.

A Wrigleyville, Ill., man is under arrest, charged with felony insurance fraud after trying to convince his insurer he was deceased.

The New York Insurance Department has approved an application by Empire BlueCross BlueShield to offer life and disability products.

The products, available through the New York-based affiliate, Anthem Life & Disability …  Read →