If a customer wants to qualify for Medicaid nursing home benefits, should the advisor propose the purchase of an immediate annuity?…
Maybe it’s the boomers looking for a new retirement vehicle or insurance companies wanting another sales vehicle — or maybe both — but there is no doubt income annuities are getting more popular…
The pool has been around for decades but it is getting renewed attention in the wake of the nuclear reactor damage following Japan’s powerful earthquake and tsunami on March 11…
Indexed annuities with 10-year surrender charges are becoming so prevalent that newly developed products are starting to look very similar, according to an indexed product researcher…
Some financial companies are designing new types of retirement income products that package features of an income annuity with features of a bond fund…
Regulators in Iowa and Minnesota are co-developing “source of funds” guidelines that will help draw the lines for advisors on making recommendations about moving money between insurance and securities sources…
<p>A Virginia judge ruled the health coverage requirement unconstitutional in the first legal rejection of the health reform law, which is expected to be appealled up to the Supreme Court…</p>
Although temporary, the estate tax would be a boon to insurance professionals who have been trying to help clients with tax planning without any clarity on the future tax structure. But the higher rate might dissuade some high-net-worth clients from aggressive estate planning and lessen the need for life insurance to cover estate taxes…
Robert Baranoff, senior vice president, member benefits, LIMRA, discusses themes from LIMRA’s annual meeting and the latest in research…
Vacant or unoccupied homes can leave the homeowner exposed to loss and liability that may not be covered by their insurance, according to the NAIC…
CHICAGO – One of the best ways for insurance agents to get their name out on the web and gain…
The NAIC will formally establish at its upcoming meeting in Seattle a special working group to examine a life insurance claims settlement practice involving the use of retained asset accounts (RAA). This effort will specifically include a focus on consumer disclosure issues…
Thomas N. Herzog has been selected as the National Association of Insurance Commissioners (NAIC) Distinguished Scholar in Insurance Regulation. Herzog is the second scholar to hold this position at the Center for Insurance Policy and Research and will play a key role in the risk-based capital (RBC) modernization project…
Milford, Ohio – June 28, 2010 – NxTech, Inc. a leading provider of Real Time and Download software and services,…
TULSA, OK – June 18, 2010 – John Doak, Republican candidate for Insurance Commissioner of Oklahoma, has voiced his…
COLORADO SPRINGS, CO – June 14, 2010 – Insurance Technologies LLC, the leading provider of point-of-sale illustration software…
Application activity for individually underwritten life insurance was flat this past May at +0.2% year-over-year all ages combined, according to the MIB Life Index (SM). Strength in the fourth quarter of 2009 in the U.S. Life Index, has given way to fluctuating gains and losses exhibited in the first five months of 2010…
NEW YORK, June 2, 2010: Kamakura Corporation announced Wednesday that the Kamakura index of troubled public companies…
COLORADO SPRINGS, Colorado, May 24, 2010 — Insurance Technologies LLC, the premier provider and industry innovator in the creation of…
