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How Mesirow used worker incentives to promote wellness
When Mesirow Financial Inc. offered its employees free physicals a few years ago, only about a third of the 875 employees in its Chicago headquarters participated. For the most recent round of tests in early October, more than 750 people turned out.
Insurance companies take a step back
IN THE 1990s, global insurance companies snatched up independent broker-dealers in a buying spree that reshaped the industry.
Former E*Trade CEO leads management buyout of Jefferson
Jefferson National, creator of the flat-fee variable annuity, hopes to step up its distribution among fee-based advisers following…
New York Life splits life insurance, investment operations
Annuities to be slotted under the latter; retirement income boss Chris Blunt to oversee insurance
Why hanging on to your older fixed annuity is a solid bet
Older fixed annuities, ones that hold 3% guaranteed minimum rates, are looking pretty attractive right now
John Hancock latest to yank annuity offerings, pare distribution
Under pressure from a challenging economic environment, John Hancock Life Insurance Co. has pulled back on its annuity distribution and expects to withdraw an array of fixed, variable and immediate annuities
Springtime has arrived and so have the new VAs
It is that time again
MetLife must defend lawsuit over retained asset checkbook
MetLife Inc. must defend a lawsuit by the beneficiary of a policy who claimed the insurer paid $302,000 to the wrong person.
Former E-Trade CEO leads management buyout of Jefferson National
Caplan oversees $83 million acquisition of flat-fee VA seller; targets RIAs
Helping retired clients prepare for health care costs
Amid the specter of skyrocketing health care costs, many financial advisers are scrambling to hone their accuracy at…
Health insurance premiums soar
U.S. workers' health insurance premiums rose 63% between 2003 and 2010 as employers shifted more of the burden of rising medical costs to individuals and families, according to a study from The Commonwealth Fund
Insurer-owned B-Ds slowly fading away?
Independent broker-dealers owned by insurance companies, once the dominant players of the industry, will continue to dwindle in size and importance over the coming decade, unable to keep pace with more nimble competitors that invest in, and increase, investment advisory services for reps.
General Electric makes major move into banking with MetLife deal
Conglomerate acquires $7.5B in accounts from insurer; sale includes online banking platform
Lawyer bet on terminally ill to gain their death benefits: U.S. Attorney
Caramadre faces indictment over alleged scheme that purportedly sought out those with less than six months to live; lawyer says 'insurance industry upset it got beat at its own game'
Lifetime-income options pose benchmarking puzzle
As insurers find new ways to provide workers with a steady stream of income through their retirement plans, financial advisers are grappling with how best to benchmark these products against one another
MetLife’s bank divestment a mixed blessing for ratings: Analysts
Moody's: Bank sale eliminates Fed oversight but gives Met competitive chops
No financial resolve
How’s this for a New Year’s downer: Most of us are as likely to keep our resolutions about…
No guarantees, but life insurers look set for revival in 2012
Low interest rates seen as manageable; stock prices 'beaten down to ridiculous levels'
VA carriers hunkering down
Despite a marked increase in investor appetite for variable annuities, 2011 will go down as a year of…
Allianz Life names new CEO
Walter White takes helm of U.S. ops, arrives with brokerage expertise
