The Walking Dead: How Flawed Insurance Regulation Creates Serious Risks for U.S. Policyholders A recent report on the rehabilitation of Phoenix Home Life Variable (PHLV) has revealed that the company has $2.1 billion MORE in liabilities than assets. Just two years ago, the company filed financial statements showing it was solvent. This is not just a financial failure – it’s a wake-up call for the life insurance industry.  The undeniable conclusion is that accounting gimmicks in the company financials filed with the state covered this problem long before PHVL was put in rehabilitation. PHLV was a “dead company walking” long before this report was released. Why does this matter? It sets a disturbing precedent. For the first time in nearly 100 years, U.S. life insurance policyholders will receive less than their contractual death benefits. Rehabilitation orders have capped death benefits at $300,000 per insured for all general account policies, regardless of policy size. It may be that even this reduced benefit will require financial support from the state guarantee fund. This was the topic for my main stage presentation at Forum 400's annual meeting this month in San Antonio, and on Tuesday, February 25th at 11am EST, I’ll be addressing this critical topic again in a special virtual forum. What you’ll learn: ✅ How PHLV’s collapse happened… from a surplus in 2022 to a $2.1 billion deficit in just over two years. To put this in perspective, the company only had $2.2 billion in total general account assets when it entered rehabilitation. ✅ How variable (separate account) products were largely protected from this loss. ✅ Where regulators failed in protecting policyholders, including the role of private equity and offshore reinsurance in this crisis. ✅ What insurance professionals can do to protect clients from similar risks moving forward. Interested in joining? Email Brandy Friedt, M.A. or register using this link: https://lnkd.in/e2ZGwYHK This promises to be an interactive, informative, and engaging session where we’ll tackle tough questions and provide practical solutions for protecting your clients. Hope to see you there! #lifeinsurance #privateequity #reinsurance #financialservices

🔹 Why Follow Valero Insurance Agency? 🔹 Insurance is more than just a policy—it’s protection, peace of mind, and a plan for the future. At Valero Insurance Agency, we’re committed to helping individuals, families, and businesses safeguard what matters most. Here’s why you should follow us: ✅ Expert Guidance – We simplify the complex world of insurance, helping you make informed decisions about life, health, business, and personal coverage. ✅ Risk Management Strategies – From home and auto to business and liability, we ensure you’re covered from all angles. ✅ Industry Insights & Updates – Stay informed on changes in the insurance landscape, including regulations, market trends, and innovative solutions. ✅ Client-First Approach – We take a personalized, consultative approach to insurance—because one-size-fits-all doesn’t work when it comes to protecting your future. Your life, business, and legacy deserve the right coverage and the right team behind you. Follow Valero Insurance Agency today and gain the knowledge, support, and protection you need. 💡 Let’s build a safer, more secure future—together. #Insurance #RiskManagement #BusinessProtection #ValeroInsurance #PeaceOfMind

The different types of #annuities each offer a variety of features. Learn the advantages of each and what to expect when you purchase an annuity. Learn more: https://ow.ly/sosX50S8Pej Explore Lafayette Life Insurance Company's annuity products: https://ow.ly/ANA650S8Pek #AnnuityAwarenessMonth #RetirementPlanning #LifeInsurance

🌟 Simplifying the Life Insurance Application Process 🌟 Navigating the life insurance application process can feel overwhelming, but at Doyle Assurance Group, we believe it doesn't have to be. Whether you're a first-time applicant or updating an existing policy, understanding the steps can empower you to make informed decisions that protect your future. In our latest blog, we break down the process into clear, manageable steps: ✅ Choosing the Right Policy: Learn how to select the best life insurance for your unique needs and budget. ✅ Preparing for the Medical Exam: Tips to ensure a smooth process and avoid potential delays. ✅ Understanding Underwriting: Know what underwriters look for and how to present your information accurately. As your trusted advisor, Mark Doyle, and the team at Doyle Assurance Group in Plano, Texas, offer personalized guidance tailored to our community's specific needs. Our commitment to clarity and transparency sets us apart, ensuring you feel confident and informed every step of the way. 👉 Read our blog post for a deeper dive into securing the right coverage and safeguarding your family's future.👇 https://lnkd.in/eV9DbTg2 For stronger life insurance insights and tips, visit 🌐 doyleassurancegroup.com. #LifeInsurance #FinancialPlanning #InsuranceAdvice #PlanoTexas #DoyleAssuranceGroup #WealthManagement #markdoyleinsurance #doylelifeinsurance

For most of your clients, the decision to purchase #Insurance is one based on emotion more than logic. Whether you are talking about Life Insurance, Disability insurance, or long-term care, you are discussing the fear of loss.  For #disabilityinsurance, it’s a discussion about the fear of loss of the client’s ability to earn income and support themselves and or their family. For #longtermcare, the fear stems from the loss of one’s own ability to meet the requirements of everyday life. And it goes without saying that when we talk about #lifeinsurance, we are talking about the fear that comes with the unknown. What happens after were gone to our families. These conversations can be uncomfortable. Many financial advisors have long standing relationships with their clients and consider them friends. And asking a difficult question like “what happens to your family if you can no longer go to work tomorrow?” can be awkward at best.  As awkward or uncomfortable as it may be, it’s our fiduciary responsibility to ask those hard questions. Because at the end of the day, mitigating risk is an important part of managing our client’s portfolio’s. The right insurance partner can help you with these awkward situations. Drop me a message if you are looking for strategies or tips on how to have these difficult conversations with your clients. Our team will be more than happy to have that conversation with you and or your clients. 

Since June 25, insurance has taken on unprecedented importance as a tool for protecting the wealth of your entrepreneur clients.

Business owners don't just need insurance coverage, they need trusted advice about how to effectively manage a wide variety of risks.

Lindenhurst CPA PLLC - Your Trusted Insurance Partner When purchasing life insurance, selecting the right insurance agent is paramount. As a seasoned Lindenhurst CPA, we understand the importance of this decision in safeguarding your financial future. Here's how to choose the ideal insurance agent: Seek Referrals: Connect with family, friends, or colleagues who recently purchased life insurance for valuable recommendations. Explore Their Website: Visit the agent's website to discover their expertise, credentials, and client reviews, ensuring you're dealing with a professional. Verify Credentials: Confirm the agent's licenses and credentials, assuring their qualifications and reliability. Engage in an Interview: Schedule a meeting with the agent to discuss your insurance needs evaluating their expertise, communication, and commitment to stellar service. Check Affiliations: Ensure the agent is affiliated with reputable insurance companies, guaranteeing access to optimal coverage options. Choosing the right insurance agent ensures you have an expert in navigating the complexities of insurance policies, guiding you toward informed choices aligned with your requirements. At Lindenhurst CPA PLLC, we grasp the significance of insurance coverage in securing your financial future. #LindenhurstCPA #LifeInsurance #InsuranceAgent #FinancialPlanning #TaxPlanning #InsuranceCoverage #InsuranceTips #FinancialGoals #InsuranceQuotes #InsurancePolicies

In light of recent large-scale mergers in the insurance industry, it’s essential to recognize the unique value that small, family-owned agencies bring through personalized service. As a family-focused independent insurance agency serving Florida and Georgia, we are dedicated to providing personalized coverage to protect all of life’s pleasures and priorities. From homeowners and auto insurance to renters and life insurance, as well as insurance protecting your business, we get to know our customers personally to understand their unique needs. In a time of industry consolidation, family-owned agencies continue to prioritize personalized service and community-focused care, ensuring that clients receive the attention and tailored solutions they deserve. https://lnkd.in/e4st3uSm

🔒 Life insurance isn't just about protection—it's about securing peace of mind for the future. Did you know that 40% of Americans wish they had purchased life insurance at a younger age? 🤔 The reality is, as life evolves, so do your financial needs. Whether you're starting a family, buying a home, or planning for retirement, life insurance ensures that your loved ones are financially protected—no matter what comes your way. 💼 At Doyle Assurance Group, we believe in more than just selling policies. Our mission is to empower you to plan confidently for tomorrow, with personalized solutions that fit your unique situation. Let's connect and discuss the best options for you, because it's never too early—or too late—to secure your future. 📲 Call or Text Doyle Assurance Group today at 972-853-4120 or DM me here on LinkedIn. 🌐 Visit doyleassurancegroup.com for more insights! "Your Peace of Mind, Tailored to Perfection!" #LifeInsurance #FinancialSecurity #PeaceOfMind #DoyleAssuranceGroup #PlanoTexas #MarkDoyleInsurance #ProtectYourFuture #InsurancePlanning #doylelifeinsurance