It is a gambit worth taking with a younger generation of buyers attuned to giving up personal information: Will consumers…
West Virginia’s highest court has ruled that life insurance companies doing business in that state are bound by the state’s…
Bipartisan legislation aimed at prodding the Securities and Exchange Commission into coming down harder on companies and individuals who violate…
The state securities chief says broker Barry Armstrong used a radio show to dupe seniors. Armstrong says he is authentically concerned about Alzheimer’s awareness.
U.S. insurance companies, hurt by the prolonged period of low interest rates, are taking on greater risks, the International Monetary…
Months after the DOL released its proposed rule, the DOL says it is unsure of its impact on insurance. They vow to find out.
A lack of safe alternatives is leading younger people to the safety and possible gain of fixed index annuities, according to Wink Inc.
In a legal decision that breaks new ground, the Rhode Island Supreme Court has found no requirement of insurable…
The big money is in Medicare and this is a big deal for that business.
New York Life has completed the acquisition of a majority interest in $25 billion of in-force life insurance policies from John Hancock.
At least five states have passed laws creating state-level (not city-level) retirement saving programs for workers at small firms, and when seven to 10 other states are considering similar measures.
Generation Y had a surprising answer to a survey on purchasing annuities.
The Department of Labor’s fiduciary proposal was “the elephant in the room.”
The subject of women’s financial stress is of growing interest to the insurance and financial community, given the pivotal economic position of women in family finances.
A Labor Department official says regulators are paying attention to comments to help reshape the proposed rule meant to bring all retirement money under the fiduciary standard.
Legal experts say that the Department of Labor will fundamentally change financial advising and some insurance selling because of an ERISAfication of all money within and coming out of retirement funds.
A life insurance expert with Lincoln Financial Group said that enhancements to the company’s AssetEdge suite of variable universal life (VUL) policies represent a trend of giving policyholders more control in their exposure to stock market gains.
Retired basketball legend Earvin “Magic” Johnson has acquired more than 60 percent of EquiTrust Life from Guggenheim Partners.
Any measure by Congress to defund the U.S. Department of Labor’s fiduciary rule proposal would be temporary, even if choking off funds has a chance of passage, according to officials from the National Association for Fixed Annuities.
