Cyril Tuohy – InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home
Topics
    • Life Insurance News
    • Annuity News
    • Health/Employee Benefits
    • Property and Casualty
    • Advisor News
    • Washington Wire
    • Regulation News
    • Sponsored Articles
    • Monthly Focus
  • INN Exclusives
  • NewsWires
  • Magazine
  • Webinars
  • Free Newsletters
Sign in or register to be an INNsider.
  • Exclusives
  • NewsWires
  • Magazine
  • Webinars
  • Free Newsletters
  • Insider Pro
  • About
  • Advertise
  • Editorial Staff
  • Contact
  • Newsletters

Get Social

  • Facebook
  • Twitter
  • LinkedIn
Cyril Tuohy

Cyril Tuohy is a writer based in Pennsylvania. He has covered the financial services industry for more than 15 years. He can be reached at [email protected]

Exclusive

Large RIAs Fuel 20 Percent Rise in 2017

October 10, 2018

The dramatic increase of new RIAs is a sign that the independent channel remains an attractive place for large advisors to grow, one analyst said. Since 2013, new annual RIA filings have grown by 60 percent, from 150 RIAs in 2013 to 238 last year.

State Farm Deal A Huge Boost For Jackson National Distribution

October 9, 2018

The deal allows Jackson to distribute variable and index annuities through State Farm agents beginning in the second half of next year. State Farm has 19,000 independent contractors fanned out through nearly every Main Street in towns large and small in the U.S.

Insight Engines Give Advisors A Techno-Boost In Serving Clients

October 4, 2018

Cyber-generated insight engines can do a lot of work for advisors, including providing quick information. More technology is on its way, including chatbots, which are capable of speech, sight, and empathy through voice detection of satisfaction or exasperation.

Exclusive

New Product Roundup: Allstate Leads With Income

October 4, 2018

A few creative new life insurance and annuity products hit the market recently, led by Allstate’s Monthly Income Term.

Exclusive

FINRA Fines Up, Restitution Down In Mid-Year Report

October 3, 2018

FINRA levied $25.9 million in fines during the first six months of the year, up from $23.5 million in the first half of last year, according to a new mid-year analysis.

Nationwide To RIAs: We’re On Your Side With New Fee-Based SPIA

October 2, 2018

The 6,000 fee-based advisors Nationwide serves now have an alternative to a commission-based SPIA at a time when advisors are busy experimenting with the types of fees they charge. Alternative models include hourly rates, tiered fee schedules, subscription services and retainers for high-net-worth clients.

Merrill Lynch Back To Commissions — Except For Annuities In IRAs

October 1, 2018

In October 2016, Merrill Lynch became the first broker-dealer to announce it would eliminate commissions from IRA accounts in response to the Department of Labor’s fiduciary rule. Now the firm is reversing that decision — sort of.

Exclusive

Is The Language Of Insurance Scaring Away Potential Clients?

September 30, 2018

How agents talk to clients goes a long way toward whether they earn a sale or not. But these days, it’s more about using words that clients can understand — “cost” instead of “premium,” for example. The benefits of better communication could be significant.

Actuaries See Era Of Hefty LTCi Rate Hikes At An End

September 26, 2018

New standalone long-term care insurance contracts issued today have a much lower chance of facing big rate hikes than policies issued in the past, a new survey of actuarial experts has found.

Exclusive

Stirrings Of Agency Resurgence At InsureTechConnect 2018

September 26, 2018

Start-ups are working to improve agent-centric technologies as well as integrate agency and insurer systems.

Top Carriers Add Annuities To Envestnet To Draw Advisors

September 25, 2018

Insurance companies see adding annuities to platforms such as Envestnet as vital as advisors grow more fiduciary-focused.

New York Life Offers Low-Cost LTCi With Deductibles, Cost-Sharing

September 24, 2018

The new long-term care insurance product reduces premium and drops elimination periods in favor of deductibles and an 80/20 cost share.

Deadly Florence Forces Insurers To Close Doors, Improvise

September 19, 2018

As Hurricane Florence ravaged Carolina communities, some insurers based there closed their doors, with many setting up emergency numbers to help affected clients and policyholders. Storm damage is estimated at about $3 billion.

Exclusive

Women And Hispanics Among Those Most Worried About Financial Future

September 18, 2018

Across all the demographic segments, the most important financial goal was to have enough savings to last through retirement, then pay for health care costs.

That Very Bad Monday At Lehman Brothers

September 14, 2018

An employee on maternity leave was watching news on TV the day before she was returning to work. Then she saw it would also be the last day as she knew it at her venerable Wall Street firm.

Will Other Smaller VA Sellers Follow Ohio National?

September 12, 2018

Ohio National became the most recent company to learn that it takes size and scale to remain in the variable annuity business in 2018. The company said recently that it will leave the business and focus on other segments. Can VAs survive low interest rates and other pressures?

Exclusive

A Snapshot Of How Advisors See Themselves

September 11, 2018

Thirty-six percent of advisors position themselves to clients and prospects as a financial planner, according to a new survey.

Index Annuities Poised To Steal The Spotlight From Variable Annuities

September 10, 2018

Regulatory relief and the Trump administration helped variable annuity sales reverse a long sales slide in the second quarter. However, analysts say it might be a mirage, as indexed annuities are likely to steal VA market share moving forward.

Competitors In Line To Profit From Ohio National Dropping Annuities

September 7, 2018

Citing more regulations and the low-interest-rate environment, Ohio National is getting out of the annuity business and laying off 300 people. The company’s departure from the market will benefit several competitors, such as Great American, AIG and Allianz, one analyst said.

Nervous Advisors Wait Out Broker Protocol Standoff

September 5, 2018

The Protocol for Broker Recruiting appears to be very much in a holding pattern as hundreds of firms wait to see how a schism plays out and individual advisors and broker teams think twice before jumping ship. Analysts disagree on whether the protocol is collapsing.

Pagination

1 2 3 … 20

- Section Sponsor -

Topics

  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits
  • Property and Casualty
  • Advisor News
  • Washington Wire
  • Regulation News
  • Sponsored Articles
  • Monthly Focus

Top Sections

  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits News
  • Property and Casualty News
  • AdvisorNews
  • Washington Wire
  • Insurance Webinars

Our Company

  • About
  • Editorial Staff
  • Magazine
  • Write for INN
  • Advertise
  • Contact

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2023 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • AdvisorNews

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.