The following information was released by the Montana Commissioner of Securities and Insurance:. The Life Insurance Policy Locator, hosted by the National Association of Insurance Commissioners with the support of the State Auditor's Office, helps identify unclaimed life insurance policies and annuity contracts by searching records of participating…
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Wink: Annuity sales post strong Q2, led by MYGAs and structured products
Annuity sales seem to be settling at a level the industry can sustain, with second-quarter sales again topping $100 billion.
Legacy Marketing Group and Malibu Life USA have partnered to launch two fixed indexed annuities, expected to debut in September 2026.
A new AM Best report notes an increased level of reinsurance leverage by U.S. life/annuity companies ceding out business, which is being fueled by strong annuity product growth, higher interest rates, and further offshore transactions as a result of differing capital regimes. The Best’ s Market Segment Report,“ Global Life/Annuity Reinsurers Remained Poised…
When technology becomes easy to rent, what still separates life and annuity carriers?
If you are not a leader in the AI race, what makes you stand out?
Legacy Marketing Group, a leading designer and marketer of fixed indexed annuity solutions, today announced that it has entered a strategic distribution alliance with Malibu Life USA, the U.S. retail insurance brand of Malibu Life Holdings Limited. “Legacy is excited to partner with Malibu Life USA as we continue to broaden our carrier relationships and bring…
2026 AUG 19– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EMPOWER WHAT’ S NEXT” by Adam S. Weiss Polsinelli PC, representing Empower Annuity Insurance Company of America. This application was made available to the public…
Industry pushes back on linking ‘financial strength’ to annuity illustrations
Regulators began looking harder at annuity illustrations this year after learning that some products were illustrating as high as 27%.
DALLAS& WEST DES MOINES, Iowa—- Sammons Enterprises, Inc. and Sammons Financial Group are aware of public reports that attempt to link SEI and SFG to reported investigations regarding Guggenheim and certain of its affiliates. We are not affiliated with Guggenheim Capital LLC, Group 1001 Inc, Delaware Life Insurance Company, Clear Spring Life and Annuity Company,…
The Manhattan Life Insurance Company announced that it completed the acquisition of Union Security Life Insurance Company of New York from Assurant, Inc. in March 2026. Founded in 1971, Union Security Life Insurance Company of New York offers life insurance, annuities, and accident and health products in the State of New York. The Company offers a diversity of…
Premier and Minister for Financial Services and Commerce, the Hon. André M. Ebanks MP is travelling to Columbus, Ohio, this…
A former insurance producer from Missouri has agreed to a license revocation and is barred from working in the Iowa securities industry after what state officials described as preying on retired postal workers. She cannot conduct business in Iowa after an investigation "revealed a pattern of predatory financial practices targeting retired federal…
Corebridge annuity sales slip ahead of Equitable marriage
Corebridge Financial saw lower annuity sales in the second quarter, but remains focused on its coming merger with Equitable Holdings.
California teachers settle class-action lawsuit over in-plan annuity fees
Plaintiff Danielle Krimbow and the Life Insurance Company of the Southwest announced a tentative settlement in their lawsuit over annuity fees.
Jackson Financial CEO caps 40-year career with blockbuster Q2
Jackson’s Q2 retail annuity sales of $5.9 billion were up 34% from the second quarter of 2025.
A single lump sum is exchanged for guaranteed monthly income for life, with payments beginning within one month, so families can fund an assisted living community, a memory care unit, or in-home care without drawing down every other asset they have.
NAIC regulators begin consensus phase on annuity illustration overhaul
An NAIC working group is moving into a new phase of its effort to overhaul annuity illustration rules.
AM Best has revised the outlooks to negative from positive and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the following subsidiaries of Group 1001 Insurance Holdings, LLC: Delaware Life Insurance Company and Clear Spring Life and Annuity Company. These companies are referred to as the Group 1001 Life& Annuity…
Market-value adjusted annuities: Key considerations for advisors
Like most financial products, market value-adjusted (MVA) fixed annuities come with trade-offs.
Private equity’s next play in insurance
How will PE firms originate and manage the next generation of long-duration assets?
