Florida’s insurer of last resort, Citizens Property Insurance Corp. made a case to regulators Thursday for double-digit rate increases for Citizens customers across the state.
Lincoln Financial is in settlement talks with nine plaintiffs — including an ex-Lincoln agent — who allege that the insurer misrepresented the potential returns of its fixed indexed annuity.
Investors yearning for the day when long-term bonds again become attractive investment vehicles will have to wait a while longer. And it may hinge on whether the economy dips into recession.
The annuity sales landscape is changing fast, with potential disruptions from technology, regulations and distribution all converging at once. Our Wednesday, June 7th webinar will cover the trends in annuity products and sales and highlight what to look for in the coming years.
P&C insurers continue to battle fiercely for talent to fill positions such as underwriter, claims adjuster and agent. Is forcing a return to the office a good idea?
Global Atlantic is getting out of the fixed IUL business. The company will instead focus on its hot-selling annuity lines, an executive told employees.
States are competing furiously for captive insurance business.