The U.S. single premium buy-out sales totaled $2.3 billion in the second quarter, down 46% from second quarter 2019, according to the Secure Retirement Institute U.S. Group Annuity Risk Transfer Sales Survey.
Read moreIndustry trade associations applauded a new rule today from the Trump administration requiring retirement plans to provide an illustration of the amount of monthly income that might be generated by an individual’s retirement savings.
As Democrats prepare to nominate former Vice President Joe Biden Thursday to oppose President Donald Trump, the party platform calls for a variety of tax increases and yet another regulation redo on financial advice and sales standards.
Mortgage delinquencies are increasing faster than they did during the Great Recession. The good news is that it appears to be slowing down. The bad news is that a second great shutdown combined with lax federal aid might make for an ugly third and fourth quarter.
Brighthouse Financial held relatively steady in overall annuity sales with a year-over-year drop of 3% as the company pivots to…
Annuity regulations finally appear to be aligned and workable. But the ink might not even dry before another election could potentially reverse the rules.
The Department of Labor is not making comments available on a pair of highly anticipated rules governing the financial services industry.
Despite COVID-19 death numbers up to double what was expected in the spring, Principal is cutting its projected impact on earnings from $20 million to $10 million per 100,000 U.S. deaths from the virus. The insurer credits its diversified product lines for enabling it to remain financially strong.
Emotional intelligence is where “80% of you success lives,” according to Jamar Cobb-Dennard, a business broker at Indiana Business Advisors, who spoke about racial bias in the workplace in a webinar for the National African-American Insurance Association.
The New York State Department of Financial Services today filed charges against First American Title Insurance Co., claiming the company exposed millions of documents containing personal information of clients.
Although most people working remotely hope to continue doing so after the pandemic, many of them are already starting to feel some of the ill effects from working from home, according to a Chubb survey.
A state insurance regulator panel is set to develop guidance for states on adopting the best-interest annuity sales model law formalized earlier this year.
A webinar presented by the National African American Insurance Association explores how individuals and companies can go beyond the promises and bring on real change .
