Displaying 3281 results
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…
80 the new 65? Retirement age needs radical adjustment, says AIG boss
AIG boss Robert Benmosche has offered a radical yet simple solution to gaping shortfalls in government pension and medical programs. Push the retirement age back -- way back.
Indexed annuities boast strong 1Q
Indexed annuities are turning out to be a bright spot in an otherwise depressed environment for annuity sales.
Health becoming new focus of wealth
G uess which financial issue is uppermost in your preretiree clients' minds, yet one that they seldom…
Wells Fargo latest to offer fee-based VAs
Firm joins the likes of LPL Financial, Commonwealth and Royal Alliance
Axa looks to terminate ‘costly’ VA death benefits with swap deal
Axa aims to offer VA policyholders a hike in account value if they agree to cancel a generous death benefit. If the plan works, expect other insurers to follow suit. Says one industry watcher: 'The floodgates will open.'
MetLife trims VA offerings
MetLife Inc., following other major variable annuity providers, plans to trim its VA offerings in an effort to…
Annuities fell in 1Q; indexed up
Annuity sales took a dive during the first quarter, but sales of fixed indexed annuities jumped, thanks in…
Slow 2012 for VA sales as costs climb, insurers leave the space
After strong growth in 2010 and 2011, VA sales are expected to slow as products become less attractive, guaranteed-withdrawal percentages slide and fees continue to skyrocket.
New Jackson National VA does away with living benefits
Insurer turns focus to tax deferral, alt investments and fee-based advisers
Agent in church life-insurance flap: Parishioners were instructed to lie to Aviva
Claims agents coached them to tell insurer they were paying for policy premiums when outside parties actually did so
Life agents accuse Aviva of ‘unclean hands’ in unholy Stoli mess
In March, Aviva sued six life insurance agents over Stoli policies sold to 119 members of a church in Los Angeles. Now, those agents have fired back, claiming the carrier consented to the offer of the coverage.
Jackson National to buy Swiss Re’s U.S. life business
Jackson National Life Insurance Co. will pay $621 million in cash for the life insurance assets of Swiss Re Group's American division
Jefferson National latest to add more alternatives to VA
Jefferson National Life Insurance Co. has bolstered its roster of alternative-investment offerings
Hartford reports pick up in VA surrender rate
In-force VA block lapse rate jumped by nearly 50% after Hartford announced it would leave annuity biz; many contracts in the money
Forethought at forefront as RJ pulls plug on Hartford annuities
Company not prepared to put annuities manufacturer on its platform
