Life insurers have paid $52.6 million in death benefits since New York's banking and insurance regulator forced the companies to use government data to identify cases where they didn't pay claims.
New York state orders insurers to track down unpaid claims; $52M forked over in total
Lincoln National Corp. may raise fees and change its benefits on its popular MoneyGuard Reserve product, a combination of universal life insurance and long-term-care benefits.
Executives at life insurance companies can breathe a sigh of relief now that the proposed federal long-term-care insurance program — the CLASS Act — has been killed
Insurer to stop issuing the GMIB Plus IV rider Feb. 24
Insurer to pay nearly $10M to close case; states claim carrier had commission arrangement with Uvest, ProEquities
The Hartford's surprise exit from several key businesses is still making waves in the advice industry. The latest news: Edward Jones has ceased selling the carrier's life insurance and annuities.
Hartford Financial Services has offered its head of wealth management, David Levenson, $2 million to stay on for another 11 months while it seeks a buyer for its life and 401(k) businesses.
Financial troubles of retired players sees union, league set up mandatory retirement savings plan
Fixed indexed annuities were a hot product among independent broker-dealer reps last year as clients sought a safe-money alternative to CDs, made virtually worthless by low interest rates.
A look at the latest trends in variable annuity sales and strategies.
Venerable insurer makes dramatic move amid pressure from shareholder John Paulson
Upper-middle class more worried about life's big moments than the next 12 months
Top participating issuers of VAs