New AIG CEO Peter Zaffino fleshes out details of the company’s spin-off of its life and retirement business, which it plans to sell in an initial public offering in the first quarter of 2022, with Blackstone being a minority owner.
Brighthouse Financial issued the following news release on Aug. 5, 2021:. Brighthouse Financial, Inc. announced today that it has authorized the repurchase of up to $1 billion of its common stock. “We are pleased to announce this new authorization as it reflects our financial strength, positions us to achieve our goal of returning $1.5 billion to our…
The insurance producer license of Daniel Van Patten, the host of Safe Money Radio Show and president of Assure Financial Service, was revoked effective July 27, 2021 by the Idaho Department of Insurance.
Lincoln Financial has best boost in income because of its registered index-linked annuities, as the company expands its offerings and distribution.
After strong results in 2019, total new premium for individual life combination products decreased 23% to $3.7 billion in 2020, according to LIMRA’s 2020 U.S. Individual Life Combination Products Annual Review.
Beachwood, Ohio– First Catholic Slovak Ladies Association has a new marketing name: the fraternal benefit society is now rebranded as…
The impact of the virus can quickly spread from our physical health to our financial health. Insuring your clients’ future insurability and financial health through a convertible term life insurance policy is a smart approach to any other planning they are doing today.
Lincoln Financial Group today reported net income for the second quarter of 2021 of $642 million, or $3.34 per diluted share available to common stockholders, compared to a net loss in the second quarter of 2020 of$ million, or$ per diluted share available to common stockholders. “Second quarter adjusted income from operations was a record as our diversified…
MetLife, Inc. today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual…
Prudential nearly doubled its sales of its indexed variable annuity, FlexGuard, while dialing its traditional variable annuity sales down to zero in the second quarter.
Aug. 4— A 38- year-old intoxicated and armed man was arrested for attempted homicide after showing up to a State Farm office and threatening to kill an insurance agent on Friday morning in Greeley. Around 11:53 a.m., multiple parties reported to police that Jacob Maltby, 38, was on his way to a State Farm office in 1900 block of 59th Avenue. This was the second day in a…
Carrots are more effective than sticks when it comes to retaining employees who are motivated to contribute their best.
