Carrier to suspend sale of lifetime benefits, 10-pay versions of product; changes to kick in July 29
Fingers crossed for product enhancements, ratings upgrades.
Moody's lowers financial strength grade for Aviva Life; third reduction in three months
Hot third-quarter indexed-annuity sales help propel industry, PE-backed insurers show staying power
Say league is tossing up a brick with reliance on annuities; 'solution of last resort'
Long-awaited proposed regulations from the Internal Revenue Service have resolved questions about a key health care reform law provision that would impose stiff penalties on employers not offering coverage.
Higher income may render seniors ineligible for subsidized LTC benefits
Caramadre purchased bonds, VAs using identities fraudulently gleaned from the terminally ill
Finra survey reveals drop in national financial literacy; 'something wrong with this picture.'
Jeff Cimini takes on new role as head of personal retirement
A policy buyer says such transactions make plenty of sense for certain groups of people
Recent VA buyback offers by insurers are getting a frosty reception from B-Ds. Here's why.
Big rise in market share for Security Benefit, EquiTrust; generous benefits
More than a third of Americans spent more last year to insure everything from homes, cars and boats to their own life and health.
