Annuity News

OKLAHOMA CITY— In connection with Life Insurance Awareness Month, Oklahoma consumers have been matched with $260 million in life insurance and annuity benefits through the Life Insurance Policy Locator, according to the Oklahoma Insurance Department. The free service, hosted by the National Association of Insurance Commissioners, securely checks…

Net income for the U.S. life/annuity insurance industry remained relatively flat in the first half of 2026 compared with the same prior-year period, according to a new AM Best report. The L/A industry’ s total income decreased 8.1% in first-half 2026 from the same prior-year period as premiums and annuity considerations fell $39.4 billion, predominantly due…

2026 SEP 14– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Ty J. Young Wealth Management, a nationally recognized wealth management firm specializing in retirement income strategies, announced the acquisition of Senior Insurance Services, an insurance firm led by Eric Rudd in Washington, Missouri. As Rudd transitioned out of the…

Nationwide and Annexus have added what they said is the first mutual fund-linked strategy to a fixed indexed annuity. The…

Representatives Zach Nunn and Brittany Petterson today introduced the Consumer-Led Enhancement of Annuity and Insurance Registration Forms Act, bipartisan legislation requiring the Securities and Exchange Commission to create clear, tailored registration forms for certain life insurance and annuity products. "Planning for retirement is hard…

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…

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…

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…

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…