Midland Resources, Inc's Newsletter

Life Insurance Sales at Sammons Financial Group Surges to Number 10 in 2016

April 20, 2018

Source: Sammons Financial Group, Inc.  |  Content Taken From: GlobeNewsWire.com"CHICAGO, April 05, 2017 (GLOBE NEWSWIRE) -- Life insurance sales were ranked number 10 for Sammons® Financial Group life companies, which include North American for Life and Health Insurance® and Midland National® Life Insurance Company, and its Corporate Market division, in combined sales, according to LIMRA International (LIMRA), a research association for life and health companies.1 The survey includes 83 major companies and the ranking was measured by annual premiums."Click Here to Read Full Article

Sammons Financial Group Underwriter, Rick Gordon, Inducted into AHOU Hall of Fame

April 20, 2018

Source: Sammons Financial Group, Inc. | Content Taken From: GlobeNewsWire.com"CHICAGO, April 12, 2017 (GLOBE NEWSWIRE) -- Rick Gordon, vice president of corporate underwriting for Sammons Financial Group Member Companies, was inducted into the Association of Home Office Underwriters (AHOU) Hall of Fame in a ceremony in San Diego on April 3.The AHOU Hall of Fame currently holds 18 members, with Rick Gordon and two other inductees being named this year. Hall of Fame inductees are nominated by colleagues and judged by qualifications that include over 10 years of experience, demonstration of industry leadership, volunteer work, and other achievements in the field.“During his career, Rick has held a particular passion for developing mentoring relationships,” said Cheryl Johns, past AHOU president and current executive council member, at the induction ceremony. “These relationships have been… particularly helpful in building much greater understanding of patterns and behaviors of...

Midland National Accredited by Better Business Bureau

April 20, 2018

Source: Midland National Life Insurance Company  |  Content Taken From: GlobeNewsWire.com​"CHICAGO, IL--(Marketwired - March 06, 2017) - Midland National® Life Insurance has been affirmed as a Better Business Bureau accredited business."We are very proud to be accredited by the Better Business Bureau (BBB)," said Steve Palmitier, president and chief operating officer of Midland National Life Insurance Company. "For more than 110 years, Midland National has been an industry leader because of our commitment to stability, innovation and dedicated customer service."To mark the occasion, Midland National has launched the "Trust Midland National" website which contains details on the accreditation."Click Here to Read Full Article

Former Midland National CEO William Rigsbee Passes Away

April 20, 2018

Source: Midland National Life Insurance Company  |  Content Taken From: GlobeNewsWire.com​"SIOUX FALLS, S.D., May 15, 2017 (GLOBE NEWSWIRE) -- Former Midland National® Life Insurance Company President and Chief Executive Officer William A. Rigsbee passed away on May 1, 2017.  Rigsbee joined Midland National in 1961, retiring in 1992 after serving 31 years at the company.“Bill left an indelible mark on our organization by leading us on a course of unparalleled growth, stability and financial strength,” said Esfand Dinshaw, Chairman and CEO of Sammons Financial Group, parent company of Midland National. “Under his leadership, the Regional Sales Director (RSD) program was established, a system that helped us build our field force, and enabled us to obtain national prominence in the insurance marketplace,” added Dinshaw."Click Here to Read Full Article

Midland National® Life Insurance Company Named to Ward’s Top 50 List

April 20, 2018

​Source: Midland National Life Insurance Company  |  Content Taken From: GlobeNewsWire.com"CHICAGO, July 26, 2017 (GLOBE NEWSWIRE) -- Midland National was named to the 2017 Ward’s Top 50 list of top performing insurance companies that have achieved outstanding financial results in the areas of safety, consistency and performance over a five year period from 2012 to 2016."“We are proud to once again to be recognized by Ward’s as one of their Top 50 Life and Health Insurance Companies,” said Steve Palmitier, president and chief operating officer of Midland National Life Insurance Company. “For more than 110 years, Midland National has stood for strength and stability. Being included as a member of this list further validates our company’s ability to meet our obligations to our policyholders.”Click Here to Read Full Article

Midland National Releases XL Heritage IUL

April 20, 2018

​Source: Midland National Life Insurance Company    |   Content Taken From: GlobeNewsWire.com"CHICAGO, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Midland National® Life Insurance Company announced on August 1, 2017 the release of the new XL Heritage Indexed Universal Life insurance (IUL) product. Designed to provide a guaranteed death benefit with a single premium1, XL Heritage touts desirable features like liquidity and living benefits."Click Here to Read Full Article

Midland National Introduces WriteAway Accelerated Underwriting

April 20, 2018

​Source: Midland National Life Insurance Company  |   Content taken from: GlobeNewsWire.com"CHICAGO, Jan. 30, 2018 (GLOBE NEWSWIRE) -- Midland National® Life Insurance Company announced the introduction of WriteAway Accelerated Underwriting, a faster and less invasive process for issuing a life insurance policy. WriteAway’s highly desirable benefits include a simple online application process that allows an underwriting decision on the application to be made in as little as 48 to 72 hours, and the process can eliminate the need for invasive lab tests and paramedical examinations."Click Here to Read Full Article

Midland National Parent Company, Sammons Financial Group, Inc., Launches New Website

April 20, 2018

Source: Sammons Financial Group, Inc.   | Content taken from: GlobeNewsWire.com"CHICAGO, Feb. 13, 2018 (GLOBE NEWSWIRE) -- Sammons® Financial Group, Inc. announced today the launch of its newly revamped website, sammonsfinancialgroup.com. The newly redesigned website offers quick and easy access to essential information about the company and its financial services organizations, Midland National® Life Insurance Company, North American Company for Life and Health Insurance®, and Sammons Institutional GroupSM. The website features regularly updated company news, leadership and financial information, employment opportunities, community involvement highlights, and investor information."Click Here to Read Full Article

Midland National Life Insurance Company launches new XL-CV Max

April 20, 2018

Source: Midland National Life Insurance Company          Content taken from: GlobeNewsWire.com"CHICAGO, April 17, 2018 (GLOBE NEWSWIRE) -- Midland National® Life Insurance Company announced the release of a new Indexed Universal Life (IUL) insurance product. The new XL-CV Max is a permanent life insurance policy offering death benefit protection with the potential to accumulate cash value through interest crediting based on the performance of a selected stock index performance without participation directly in the stock market. Additional product features have been added to boost cash value growth."Click Here to Read Full Article