No strategic fit between insurer's two main units, Golub insists; sees carrier eventually being broken apart
Roughly 76% of individuals under 61 who purchased long-term-care insurance during the first half of 2010 will pay less than $2,500 a year, according to a study released today by the American Association for Long-Term Care Insurance.
Morningstar Inc. may consider reviewing the way it displays information to financial advisers and their clients about returns on variable annuity subaccounts.
Morningstar Inc. may consider reviewing the way it displays information to advisers and their clients about returns on variable annuity subaccounts.
Preferential tax treatment for retirement programs and insurance products are threatened in a draft proposal from the chairmen of the national deficit commission, according to advocates.
Sun Life Financial Inc. today released two income benefits.
The Labor Department this month is expected to introduce its final rule on how retirement plan sponsors will be required to disclose plan fees to participants.
Aviva USA last week rolled out a series of changes to its fixed-annuity lineup, including reductions on agents' commissions and the discontinuation of one of its income riders.
Ameriprise Financial Inc. has cut off outside broker-dealers from selling its RiverSource variable annuity, limiting sales to Ameriprise registered representatives.
Prudential Financial Inc. is teaming up with Edward D. Jones & Co. LP to create a new A-share variable annuity. The insurer expects to submit a filing for the product in the next 30 to 60 days.
Pruning investment options limits their ability to put clients in the best funds, reps say
A combination of equity market volatility and slumping interest rates pushed sales of fixed indexed annuities in the third quarter to a new high, according to data from LIMRA and AnnuitySpecs.com.
Generous withdrawal benefits for variable annuities — albeit with limits — continued their comeback in the third quarter, according to a report from Ernst & Young.
First time in three years; MassMutual's RetireEase top seller in third quarter
A combination of equity market volatility and slumping interest rates pushed sales of fixed indexed annuities in the third quarter to a new high, according to data from LIMRA and AnnuitySpecs.com.
Nervously await Deficit Commission report on the inside build-up of insurance products
MetLife Inc.'s decision to stop writing new long-term-care insurance should be viewed as a positive event, according to Moody's Investor Services.
Affording health care during retirement remains the No. 1 concern of working Americans, according to a new survey from Edward Jones.
Moody's Investors Service late yesterday downgraded John Hancock Life Insurance Co. (USA)'s insurance financial strength ratings, citing problems in the carrier's long-term-care insurance business.
