At least four large carriers have already enacted rate hikes, resulting from jumps in the cost of insurance they charge to existing customers.
With 25 book titles and perhaps the largest-circulation paid-subscription newsletter devoted to marketing, Dan Kennedy has influenced a generation of advisors with creative selling techniques.
A family member may not always be the best choice to carry out your client’s estate plan.
How Agents Are Making It Big On The Internet
Firms have used technology to go paperless and go online. These agents explain the next step: mining online prospects for a geyser of leads.
Third-quarter annuity sales yield good news and bad news, insurance companies report; Fourth quarter prospects look promising.
Company officials cited the increase in death benefits as the primary reason third-quarter net income dropped to $26.7 million compared with the year-ago period.
Variable annuity carriers need to focus carefully on disclosures they make in their buyout offers to policyholders, a Securities and Exchange Commission (SEC) official said.
AIG reported a third quarter net loss, but the company president said that AIG is moving toward streamlining its operations and positioning itself for long-term competitiveness.
FIAs Give Traditional VAs A Jolt
Living benefit features in fixed index annuities are helping fuel their growth in sales, according to researchers.
As fixed index annuity (FIA) sales continue their meteoric rise, their risk profile has been increasing as well. The guaranteed income rider is a key factor in this trend, according to a report.
Department of Labor staffers might move fixed index annuities out of a key exemption when its final “conflict of interest” rule is released, an insurance executive said.
Health insurance agents will likely have to work harder to help clients deal with rising premiums at the same time that they find their commissions being cut.
Clients may need to scramble in the next six months to take advantage of file-and-suspend while they still can.
A rundown of some third-quarter financial reports.
What Business Cards Tell Us About Agents
Some believe the traditional business card is a relic of the past and should be abandoned.
Recommending funds or annuity products to place into an individual retirement account or 401(k) is one way that an advisor could fall into a “fiduciary trap,” according to an analyst.
The weaker yen-dollar exchange rate hit Aflac’s net income in the third quarter.
House Passes Bill to Fatally Delay DOL Rule
Rep. Ann Wagner’s (R-Mo.) bill would force the Department of Labor to hold off issuing a fiduciary only rule until the SEC acts on the issue.
Massachusetts securities regulators announced charges against Fidelity Brokerage Services for allowing at least 13 unregistered advisors to use the brokerage’s trading platforms to generate fees for Fidelity and the advisors.
