A bill under consideration in the Illinois legislature would cap long-term care insurance (LTCi) rate hikes at 15 percent annually…
The Securities and Exchange Commission said it is now working on developing a rule to allow use of variable annuity summary prospectuses, which are short documents that highlight the policy’s key features in simple English and graphical format…
Why have producers been seeing new annuity tools and strategies popping up from carriers? Dana Pedersen thinks a lot of it has to do with the continuing low interest rate environment…
Why have producers been seeing new annuity tools and strategies popping up from carriers? Dana Pedersen thinks a lot of it has to do with the continuing low interest rate environment…
Millions of families are unaware that a slight change in the tax law on life insurance can have enormous implications for their financial future and dire consequences for 20 percent of Americans’ savings, says InsuranceNewsNet Magazine Publisher Paul Feldman…
Bermuda-based Aurigen Capital has agreed to acquire Brokers National Life from Ameritas Life…
Lincoln Financial Group has introduced a new indexed universal life product tied to the performance of the 10-year U.S. Treasury note, the company announced…
Two technology firms are joining forces to develop a new breed of solutions for the reinsurance and life insurance industries…
MetLife was the largest life insurer in the nation in 2012, with a bit more than $16 billion in premiums written representing just shy of a 10 percent market share, according to figures released by the National Association of Insurance Commissioners (NAIC)…
“Do annuities earn money, interest or a return?” That was among the many questions that regulators and annuity industry participants took up this week during a phone conference on a consumer document about deferred annuities…
Principal Financial Group has agreed to purchase a 55 percent stake in hedge fund manager Liongate Capital Management…
An accounting error has turned a positive year into a negative one for The Hartford Financial Services Group, according to restated third quarter earnings filed by the company…
After 100 years of fighting to keep favorable tax treatment of life insurance, industry advocates are arming for a battle they say could change everything…
A large percentage of global insurance executives already see mobile and social media strategies as a major focus over the next two years…
Two Minneapolis women, described as “longtime friends,” have been sentenced to prison in relation to a life insurance scam in which they stole more than $1.6 million from ING…
American Income Life (AIL) has elected 12 state general agents to its 2013 Executive Advisory Council…
A chunk of a $190 million award from a tax case in a Japanese court will be repaid to American International Group by MetLife, according to regulatory filings and a news report…
When a consumer watchdog reporter shows up on your doorstep with lights and a camera crew, it’s too late to start planning your public relations response…
Insurance agents from across the U.S. will descend on the nation’s capital today for the second industry-wide fly-in, according to Americans to Protect Family Security…
