Pacific Life News

Insurer Pulls Plug on Socially-Conscious Investment Platform Targeting Millennials

In 2017, Pacific Life Insurance Co. introduced a socially conscious, online investing platform tailored to thirtysomethings eager to use their assets to make the world a better place. Those investors proved more expensive and rare than the company thought, and …

Two California Insurers Agree to Change Use of Death Master File

California Insurance Commissioner Dave Jones announced multi-million dollar settlement agreements with Guardian Life and Pacific Life related to their use of the Social Security Administration’s Death Master File database. Both insurers agreed to reform their business practices and use the …