Kiley says A rating will boost distribution of annuities; carrier's premiums already on the rise
Don't see the ripple effect on other retirement assets, says Harley Gordon; often don't even know how to raise the subject
Investors ensnared in a $7 million scam involving so-called “private annuities” will be getting back only a sliver of their original investment.
A handful of publicly held life insurers dominate the market for traditional long-term-care insurance, but mutual life insurers are beginning to make inroads with agents and financial advisers.
Advisers can fill void left by doctors, lawyers; living wills, DNRs crucial
Insurer sees big room for growth in fund world; relocating, bulking up sales force
Despite being eligible for a $1.76 million incentive for 2011, Hartford's CEO Liam McGee declined it.
Insurer said it will sell Federal Trust after owning it for less than two years; carrier paid $10M for bank, received $3.4B in government bail-out funds
Carrier aims to pull away from 'capital-intensive' products — including annuities
Turnkey asset manager in talks with Transamerica Life Insurance Co. and The Phoenix Cos. to develop income-producing product
Judge finds for claimant in $5 million stoli benefits payment from Lincoln National Life
Prudential Financial Will pay $17 million to settle with seven states; regulators claim insurer used more comprehensive database for cutting off annuity payments than one used to locate those owed money.
