The liquidation of PHL Variable Insurance Co. will not happen until next year at the earliest, regulators said in an update Tuesday.
People who continue learning are better prepared to build the future.
Irrevocable life insurance trusts provide liquidity when needed, and control over how wealth transfers stays intact.
The bill would remove outdated regulatory barriers that prevent many registered financial advisors from receiving compensation through their own business entities.
The liquidation of PHL Variable Insurance Co. will not happen until next year at the earliest, regulators said in an update Tuesday.
NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.Imagine an all-in-one financial product that lets you save for retirement tax-free while protecting your loved ones. Influencers promise a "recession-proof retirement," a message that…
Winged Keel Group today announced it has acquired SBSI, Inc., a Chicago- based independent insurance advisory firm serving ultra high net worth and family office clients nationwide. SBSI, Inc., which has an established Private Placement Life Insurance practice, is led by Howard Sharfman and Warren McGuire, two highly respected industry leaders.
MassMutual today announced that it rose to No. 100 on the 2026 Fortune 500 ® 1 list, placing the company among the top 100 largest U.S. companies by revenue, continuing its streak of more than 30 consecutive years on the list, and reflecting its strong 2025 performance as the company marks its 175 th year in business. The Fortune 500, now in its 72nd year, ranks the…
The asset management business, New York Life Investment Management, has launched the NYLIM Anemoy U.S. Thomas Sy, head of multi-asset solutions at New York Life Investment Management, told Markets Media that the asset management business has been looking at tokenization for the better part of a year and exploring how it could learn about this new…
People who continue learning are better prepared to build the future.
Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial Inc. 1, has been named the 2026 Annuities Provider of the Year by InvestmentNews. “Jackson is honored to be recognized by InvestmentNews for our commitment to supporting financial professionals and their clients with the goal of helping them achieve financial…
Corebridge Financial today announced enhancements to its Max Accumulator+ III index universal life insurance product, including new index strategies, as well as changes designed to improve cash value outcomes. Corebridge Financial research highlights the financial concerns many Americans report, including healthcare and long-term care costs as well…
Irrevocable life insurance trusts provide liquidity when needed, and control over how wealth transfers stays intact.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Egypt National Scale Rating of aaa.EG of Misr Insurance Company. MIC is the largest non-life insurance subsidiary of Misr Insurance Holding Company. The company’ s capital requirements are driven mainly by asset risk, given its concentration of assets in…
State Farm’s “Next Gen Good Neighbor” initiative delivers a message to life and annuity distribution leaders.
A Broward County husband and wife are accused of running a yearslong life insurance fraud scheme that investigators say used fake employment records, false policy paperwork, and people who had not agreed to be enrolled. Phillip Salvatore Nunzio Jr., 59, and Christine Ann Nunzio, 56, of Hollywood, were arrested Wednesday, according to Local 10 News.
What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…
Advisors increasingly deal with executive benefits when creating an estate plan for business executives.
What's clear is that most people, even in Connecticut, don't have nearly that much. That's because retirees do not pay into Social Security, put money into a 401 k, commute or buy new office clothing, AARP reports. Nevertheless, although Connecticut is among the wealthiest states, it's doubtful most people have that much saved for retirement, said Eric McAlley,…
As AI use grows, insurance companies are increasingly questioning whether photos submitted during the claims process are real.
Jeffrey Sutton, a longtime Refinery Operator at Valero's Benicia refinery, has filed an ERISA lawsuit against Unum Life Insurance Company of America alleging that Unum miscalculated and underpaid his long-term disability benefits by roughly $3,467 per month by excluding years of mandatory, pre-scheduled overtime from his pre-disability earnings.
Two financial professionals shared some of the strategies that you can use to make sure that your summer months are productive as you try to move your practice to a higher level of success.
Globe Life Inc. (NYSE: GL) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.68% on the day to $174.94. Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United […]
