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Hartford selects global wealth VP
Peter Smyth is now senior vice president and director of strategy, development and operations for international wealth management.
FINRA wants delay in VA-sale rule
After an outcry from member B-D firms, FINRA proposed pushing back a section of the rule to Aug. 4.
Jackson adds VIP and S&P funds
Jackson National Life Insurance Co. today added a pair of new portfolios to its retail mutual fund lineup.
NAIC announces 2008 execs, salaries
Catherine J. Weatherford, executive vice president and chief executive officer, will earn $370,000.
Marsh & McLennan CEO shown the door
The insurance company's president and chief executive, Michael G. Cherkasky, will step down.
Group moves to bridge insurance GAP
America’s Health Insurance Plans today unveiled a proposal to provide health insurance coverage to more people.
Insurers prescribe broader health care
America’s Health Insurance Plans has unveiled a proposal to provide health insurance coverage to more people.
VA assets grew $1.5 trillion in 4Q
That’s a 15.3% gain from the same period last year, when net assets for variable annuities were $1.3 trillion.
ING announces fixed index annuities
The products give “windows of opportunity” to withdraw from the policy without incurring surrender charges.
Aon spins off two units for $2.78 billion
Aon's Combined Insurance will be sold to ACE for $2.4 billion and Munich Re is buying its Sterling unit for $352 million.
More states may clamp down on improper asset transfers
Elder-law attorneys are concerned that the new year will bring new rules in a number of states regarding how — and if — immediate annuities can work with Medicaid eligibility and planning.
Client frame of mind plays role in purchase of annuities
The mind-set of clients presents a significant stumbling block to advisers who recommend annuities as a retirement-planning tool.
LIMRA and LOMA, together at last
The insurance trade groups will join under the umbrella of LL Global but each will keep its name.
The Hartford to buy record-keeper
The Hartford announced today that it is purchasing Boston-based Sun Life Retirement Services Inc.
Toran to retire as COO of Penn Mutual
A 37-year veteran of the life insurance industry, Daniel J. Toran, 59, spent 12 years with the Horsham, Pa.-based company.
The Hartford buys tech firm
The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.
Metlife opens deferred-income annuity sale
MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.
LIFE Foundation names new leader
The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.
The Hartford reports high-flying year
The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
Insurers lobby for regulation options
Two organizations want insurers to have the option of being regulated federally or by the states.
