Linda Koco, MBA, is a contributing editor to InsuranceNewsNet, specializing in life insurance, annuities and income planning. Linda can be reached at [email protected].
An annuity agency executive was reviewing the average age of his firm’s fixed annuity buyers when he noticed a shift. There was a bump-up in buyers who were under age 50 when they bought their policies…
In second quarter, 31 percent of all fixed index annuity sales premiums went into hybrid options…
A look behind the sizzling sales figures in the second quarter…
By Linda Koco InsuranceNewsNet Changes under way in the life insurance underwriting processes relating to data analytics also have an…
An episode of the news program that depicted annuity sales practices involving seniors is at the heart of a defamation lawsuit…
The Colorado Insurance Division has expanded the list of terms that it said should not be used in life insurance and annuity advertisements, due to the potential for misleading consumers. These terms are “certificate of deposit” or CD, “safe” and “secure.”…
Barclays Capital Inc. and Barclays PLC is seeking dismissal of a lawsuit by the New York attorney general, alleging that the British bank had deceived customers in its “dark pool,” which is essentially a private securities exchange…
Sometimes consumers seem to live in the Land of Oxymoron where annuities are concerned. That is, they give voice to seemingly contradictory views about annuity products…
When financial planner Michelle Ford answered the phone one day, she heard the voice of a worried older gentleman. “Is there anything I should be worried about?” he asked Ford nervously about allocations in his fixed index annuity (FIA)…
During the second quarter, annuity advisors and sales desks made over 261,000 hits to an online database of income annuity products, according to a new report…
Global Atlantic Financial Group has agreed to sell Ariel Re, its Bermuda-based property-casualty reinsurance company, to BTG Pactual, a Brazilian multinational investment banking firm…
Research shows that carriers rated as “successful” focus their attention on annuities. And once the carrier finds its optimal product mix for its own markets and distribution, it tends to stick with that mix…
Research indicates that most carriers rated as “successful” received 80 percent of their premium from annuities…
Time was when Jim Ferrell of Colorado Springs believed that today’s mobile agents have access to the Internet just about everywhere they go, so they don’t need to stress when they go on calls at a worksite or in people’s homes…
New Treasury Department rules expanding access to longevity annuities could ignite a slow but unmistakable chain reaction in the income annuity world…
Some states are ripe for growth in retail annuity sales this year. Others have such competitive markets that potential for growth may be limited. Still others are humming along with annuity sales close to valued benchmarks…
Thirteen annuity companies currently offer a total of 15 deferred income annuities (DIAs). At least eight more DIAs will debut this year, making for a total of 23 DIAs available for sale by year-end…
Top-selling fixed index annuity (FIA) writer Allianz Life turned in some jaw-dropping sales numbers for first quarter. Here’s a look behind the numbers…
A psychologist probes how successful, stalwart professionals sometimes end up sliding down the slippery slope of ethical or criminal misdeeds that eventually get them in trouble with the law…
Clients looking for guarantees may be receptive to a discussion about annuities, a speaker at the Million Dollar Round Table’s annual meeting said…
