This report compiled by InsuranceNewsNet staff.
Sales of fixed and variable annuities were $233.1 billion in 2021, an increase of 12.3 percent over 2020 sales of $207.5 billion and the highest annual annuity sales since 2008.
Total first-quarter sales for all deferred annuities were $59.7 billion, a solid increase over the same period last year, according to Wink’s Sales & Market Report.
American International Group roared to the top of first-quarter annuity sales, according to LIMRA’s U.S. Individual Annuity Sales Survey.
The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), has announced that as a result…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for March. The actions are…
Total 2021 deferred annuity sales of $243.6 billion represented a major bounceback year for the industry, according to new Wink’s Sales & Market Report data.
OneAmerica has named Joe Ingream to lead its Employee Benefits business, with a focus on group life and disability coverage…
For the year, life insurance policy sales were up 5%, which is the highest annual growth since 1983. With the exception of term sales, all major categories saw growth.
Non-variable universal life sales for the fourth quarter were $861.5 million, up 20% compared to the third quarter and 16.25% over 4Q 2021, according to Wink’s Sales & Market Report.
Famed recording star Elton John announced the Alliance for Lifetime Income as the presenting partner of his “2022 Farewell Yellow Brick Road Tour in North America.”
The DOL’s Investment Advice Rule, which takes full effect this week, broadens the agency interpretation of who is considered a fiduciary, which the lawsuit contends is contrary to an earlier decision of the Fifth Circuit Court of Appeals.
Total 2021 annuity sales were $254.8 billion, the highest annual annuity sales since 2008, according to preliminary results from the Secure Retirement Institute U.S. Individual Annuity Sales Survey.
San Diego area insurance agency owner Teri Barnes announced Monday that she is running for California insurance commissioner. Insurance Commissioner…
The study provides a revealing snapshot on where producers are two years into the COVID-19 pandemic, how the evolution with BGAs and IMOs is proceeding, and how recruitment of producers is going.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for December. The actions are…
The Federal No Surprises Act (NSA), which will take effect on Jan. 1, 2022 as part of the Consolidated Appropriations…
Alfredo Casas, 62, allegedly underreported payroll for his farm labor contracting business by over $1 million, resulting in a substantial loss to two insurance companies.
Women with children under 18 expressed the highest levels of financial stress at 50%, followed by non-retirees who were not working (44%), those under age 50 (42%), and those with household incomes under $50,000 (42%).
The Wisconsin Office of the Commissioner of Insurance this week announced administrative actions it has taken against individuals and businesses….
The Consumer Financial Protection Bureau (CFPB) published research this week on overdraft fees illustrating how reliant banks are on overdraft…
