John Hancock will stop selling traditional life insurance policies and all new policies will provide policyholders with discounts for taking steps to improve their health. After its initial success, ...

For decades, life insurance has operated in a reactive mode, assessing risk based on historical data and static information. In the past, with limited data, this reactive approach was the only option.

(Reuters) - John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness ...