The right strategy depends on context.
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.
US property/casualty writers US life/health insurers US and Canada public insurers US holding companies. “New York Life Moves Ahead With Artificial Intelligence Integration” examines the company’ s AI goals, which aim to reimagine entire processes rather than focus on individual productivity.“ AM Best: P/C, Health Insurers Exceed Cost of Capital; Life…
Fortitude Re announced today the signing of a $3.8 billion reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. and Unum Life Insurance Company of America, a subsidiary of Unum Group. Upon receipt of regulatory approvals and subject to satisfaction or waiver of certain other customary closing conditions, Unum will…
Unum Group announced today that its Unum Life Insurance Company of America subsidiary has entered into an agreement to cede to Fortitude Reinsurance Company Ltd., on a coinsurance basis, certain individual long-term care insurance policies representing $3.8 billion of statutory reserves in Fairwind Insurance Company, a wholly owned subsidiary of Unum.
The right strategy depends on context.
The bill would remove outdated regulatory barriers that prevent many registered financial advisors from receiving compensation through their own business entities.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,…
