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Exclusive

Employee Satisfaction With Benefits Lowest In Six Years

July 23, 2014

The correlation between the satisfaction of the benefits package and the employer remains strong, but employee ratings of their workplaces and benefits offerings are at their lowest levels since 2008, new research by Unum has found…

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Conflicting Views On Annuities Spell Opportunity

July 22, 2014

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…

Exclusive

Advisor Offers Advice To The ‘Sandwich’ Generation

July 22, 2014

Whether we like it or not, millions of Americans in their 40s and 50s will at some point have to deal with three generations living in their household: their own, their children and their parents…

Exclusive

Genworth Introduces New LTCi Coverage

July 22, 2014

Genworth, looking to revamp its long-term care insurance (LTCi) product line, has introduced Privileged Choice Flex 3, which the company said would offer more pricing and coverage flexibility for policyholders…

Exclusive

Some FIA Agents Face Dark Pool Backlash

July 22, 2014

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)…

Exclusive

The ‘Sandwich’ Generation Is Squeezed

July 22, 2014

For insurance advisors who wonder why more American families don’t reach out to them or buy insurance, testimony about how difficult it is for members of the “sandwich generation” helps to put the lives of millions of Americans into perspective…

Exclusive

NY Life Promotes Two Execs for Annuities

July 21, 2014

New York Life has announced that Matthew Grove has been promoted to chief administrative officer (CAO) in the company’s Insurance and Agency Group, and that David Cruz has been named to Grove’s former post…

Exclusive

Stories, Not Stats Sell Disability Insurance

July 21, 2014

By Cyril Tuohy InsuranceNewsNet Insurance agents and financial advisors in the disability space would do themselves a favor if they…

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Insurers Add New Agents with Diversity

July 18, 2014

Five years after the end of the Great Recession, life and annuity companies are hiring again but show a preference for seasoned advisors, especially those who can penetrate cultural and generational markets, according to the consulting firm Conning…

Exclusive

Women Need Advisors To Take A Straightforward Approach

July 17, 2014

Insurance agents and financial advisors looking to reach women should simplify the buying process, reduce jargon, spend more time looking after the customer’s interest and maintain high ethical standards, according to a new report…

Exclusive

Catastrophic Health Claims Increase Tenfold

July 17, 2014

Individual health claims of $1 million or more have increased tenfold over the past four years due to new medical technologies, advanced drug therapy and more Americans insured under health care reform…

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School District First To Report Violation Under SEC Leniency Program

July 17, 2014

A California school district is the first to report a municipal securities violation under a program designed to encourage municipal bond issuers to come forward instead of waiting for regulators to take action…

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Life, Annuity And Health Software Deal Volume Up 21% In 2013

July 16, 2014

Deal volume among life, annuity and health insurance carriers, and technology vendors was up 21 percent last year compared to 2012…

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The Hits Keep Coming To Annuity Database

July 16, 2014

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…

Exclusive

Advisors Weigh In On Midterm Elections

July 14, 2014

A new poll of 2,300 independent financial advisors by the Financial Services Institute (FSI) has found that 66 percent believe the Republican Party will win the U.S. Senate in November…

Exclusive

AIG Financial Distributors Appoints Talent Development Veteran

July 14, 2014

AIG Financial Distributors, the sales and distribution arm of American International Group’s life and retirement business, has announced the appointment of John D. Stout to head sales training and development…

Exclusive

Global Atlantic Targets Life & Annuity Business

July 14, 2014

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…

Exclusive

Advisors Split Into Equal Social Security Segments

July 11, 2014

Financial advisors are splitting into three broad segments — all roughly equal in size — when it comes to advising clients about drawing on Social Security support…

Exclusive

Companies Should Not Ignore Advisor Succession Planning

July 11, 2014

Last year’s roaring stock market could skew financial advisor satisfaction levels, and that could come back to haunt company executives who need to start now to groom the next generation of leaders…

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