InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. John may be reached at [email protected] Follow him on Twitter @INNJohnH.
The Senate passed legislation Tuesday night to reduce market barriers for the sale of registered index linked annuities.
North Carolina Insurance Commissioner Mike Causey, left, and Greg Lindberg, right, are at odds over the future of Lindberg’s financially troubled insurance companies.
The solution to America’s retirement savings crisis is an obvious as mandating all employers provide a retirement plan, said Ed Murphy, president and CEO of Empower Retirement.
Tax policy is changing, Social Security is going up and proposed legislation would help Americans save much more for retirement. Many of these policy changes can be traced to one overarching concern: inflation.
Annuity payments increased 7.4% in 2021, possibly due to lingering fallout from the COVID-19 pandemic.
A Department of Labor spokesman says the agency has no confirmed date to release its long-awaited fiduciary rule, contrary to a report last week.
A North Carolina Superior Court judge placed two financially impaired insurance companies owned by disgraced billionaire Greg Lindberg into liquidation Monday.
The financial services industry is putting the full press on Congress to pass SECURE 2.0 — but it might depend on whether lawmakers can stop fighting long enough to fund the government.
The Department of Labor better not wait too long to publish its redefinition of “fiduciary,” a leading expert on retirement plan rulemaking said today.
Jackson National overcame declining annuity sales to finish the third quarter with strong revenue growth that won over Wall Street.
A state insurance regulator subgroup came up with a “quick fix” Wednesday to address faulty illustration problems within the Actuarial Guideline 49-A.
Brighthouse missed revenue estimates and posted a net loss available to shareholders of $702 million. Annuity sales were up significantly, however.
AmeriLife Group, a national leader in marketing, and distributing life and health insurance products, will acquire TruChoice Financial Group in an industry altering deal.
When Equitable came out with the first registered indexed-linked annuity in 2011, the industry gave it the skeptical side eye, an executive recalled.
Many lottery winners purchase life insurance to cover any estate tax bill should the winner suddenly pass away. But will life insurance that large even be available to a solo winner of the $1.5 billion Powerball jackpot?
Court settlements and rate actions are helping Genworth massage losses with its block of troubled long-tern care policies, executives said Wednesday.
Lincoln reassessed its lapse calculations and found reserves far short of what is needed for its block of guaranteed universal life insurance.
American International Group used nimble management to post solid third-quarter earnings despite disruptions that included Hurricane Ian and the ongoing separation of its life and retirement business.
Some chronic illness riders have monthly charges like LTC riders with predictable benefits. Others do not. It’s up to producers to know what they are selling, one expert told NAIFA members.
Every minute that an advisor spends making sure they are in strict compliance with ever-changing and tougher regulations is one less minute devoted to clients.
