The market is watching Genworth Financial and hoping for some good news after a disastrous third quarter…
Examples cited in the IRS’ annual “Dirty Dozen” tax scam list include misuse of trusts, including private annuity trusts and foreign trusts, and abusive use of small or “micro” captive insurance companies. That’s in addition to the use of abusive tax structures…
A noted life insurance industry equity research analyst has lowered his 2016 earnings estimates by between 1 percent and 2 percent. This reflects a “lower-for-longer” interest rate model as the 10-year Treasury drifts downward and the dollar strengthens…
In a 2-1 ruling, the 5th U.S. Circuit Court of Appeals found that Reliance Standard Life ignored a “similar income requirement” clause in the policy when it chose to deny long-term disability benefits to pilot Robert George…
Because medical costs are still growing faster than incomes, and because workers are shouldering a greater care of the burden through out of pocket costs, health care costs keep taking a bigger bite out of household budgets…
The National Association of Insurance and Financial Advisors (NAIFA) is looking at a number of initiatives aimed at boosting its membership base…
A “digital revolution” is already hitting the property/casualty insurance marketplace. Can life insurance and annuities be the next targets?…
Financial advisors who keep track of the proliferation of living benefits riders tacked onto life insurance policies may have asked themselves why so many insurance carriers recently are trumpeting the benefit of a lump sum payment…
Prudential is looking to make universal life policies more attractive in an era when low interest rates continue to dampen life insurance sales…
Advisors are looking to connect with carriers through mobile platforms…
First Investors Life’s introduction of a flexible pay deferred income annuity (DIA) represents a vote of confidence for a sliver of the annuity market, as life insurers look to attract younger buyers to a sizzling product category…
Although insurance has the smallest slice of the $14 trillion AUM pie over five years, that piece is growing at a strong rate…
Between helping families with health care budgeting to guiding families through the options available to them on health exchanges, advisors have a big opportunity to help clients, if for nothing else than to set a premium spending maximum…
Income earned from the sale of annuities at bank holding companies to $2.71 billion in the first three quarters of 2014…
An analysis shows just how ferocious the recruitment wars have become…
With carriers raising deductibles, copayments and coinsurance, and restricting access by offering lower prices for doctors in certain networks, consumers in individual and group markets are asking: What’s the point of buying primary insurance?…
No matter how high the divorce or marriage rates climb, every divorce involves a financial settlement…
After 11 years at the National Association for Fixed Annuities helm, Kim O’Brien steps down to take care of medical needs and clear the way for new leadership…
The new proposals would give 30 million additional workers access to a workplace savings opportunity…
