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Bought for $881, this LTCI policy’s paid out $1.7M
Buyer began receiving benefits at 46 — and has been filing claims for 15 years; 'not the lottery'
Long-term-care insurance suddenly short on sellers
Pru the latest marquee carrier to exit from the individual LTCI business; last day for sales is March 30
SEC official warns insurers about VA benefit exchanges
Variable annuities aren't the great deal they used to be, what with insurers pulling back on generous benefits and offering to exchange onerous payouts for a bump up in account values. But now, an SEC official has fired off a warning shot about such practices
Finra: brokers must update client info even if they keep their VA
Will require that brokers perform reasonable due diligence to understand the nature of the recommended strategy or securities product and whether it's suitable
Most annuity holders will duck Obamacare’s tax goose
Few make enough money to be hit by 3.8% surcharge; did insurers cry wolf?
National Financial Partners to bolster property-casualty arm with acquisition
National Financial Partners Corp. is bulking up its presence in the property-casualty space in an effort to bolster revenue.
Financial planners in limbo after health-care ruling
Supreme Court decision could muddle end of the year wrangling in Congress; which taxes are in, which are out
Decision not to liquidate LTC insurer could leave policyholders up the creek
Judge's ruling keeps Penn Treaty in business, but large rate increases could follow
Axa offers deals to let clients drop VA death benefits
Axa Equitable Life Insurance Co. has filed to offer certain variable annuity clients the chance to terminate their…
Advisers must act after Obamacare gets clean bill of health from Supreme Court
In the climax to an epic legal battle, the Supreme Court ruled that President Obama's massive health-care overhaul does not violate the Constitution. So what does this mean for advisers? Plenty.
Supreme Court ruling an ill wind for these health care stocks
Hospitals, big pharma likely winners, but HMOs, equipment makers could take a hit
Health care space has horse in race with possible Obamacare repeal
Romney win would be boon for insurers, bust for hospital-related stocks
Advisers ducking crucial retirement issue: MIT prof
Financial advisers 'hide under the table' when clients ask about future health care costs, says Coughlin; guessing game
Translating Medicare-ese for financial advisers
Another new tool helps advisers guide their clients through the ever-important Medicare decisions
Fewer investors read through a VA prospectus in 2012
Even fewer investors are reading their variable annuity prospectus, which can be 150-300 pages long; brevity would help reader rates
Stillwater runs dry as OSU, Pickens come up empty in insurance battle
Judge rejects bid to recoup $33 million in soured funding scheme for school's athletic department; life insurance policies taken on 27 donors
GM follows in Ford’s tracks, offers lump sum to retirees
Automaker also shifting balance of pension plan to Prudential
Carriers bet on life insurance in place of annuities
With low interest rates and volatile equity markets slowing annuity sales, insurance companies think that life insurance will…
Is Medicare the next frontier for financial advice?
Expertise in government medical plan will boost an adviser's business, help retain clients, surveys show
VA sales slow in 2012 as insurers leave the space
The year got off to a dismal start for variable annuity issuers, and it looks like it will…