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Transamerica to halt sales of VAs with guarantees, fixed annuities
The decision follows a similar one by Prudential Financial to stop selling variable annuities with living benefits, amid extremely low interest rates
Genworth, GE and Unum need to shore up long-term care business: report
Some financial advisers are wary of the possibility insurers will sell long-term-care blocks to private-equity firms or hedge funds.
Transamerica pays $195 million to settle lawsuit over universal life insurance
Suit alleged the insurer improperly increased monthly costs to avoid guaranteed monthly interest payments.
California insurance czar probes 10 insurers over lapsed policies
A slate of major life insurers — the 10 largest doing business in California — are under investigation for the way they handle dormant life insurance policies
