Under pressure from a challenging economic environment, John Hancock Life Insurance Co. has pulled back on its annuity distribution and expects to withdraw an array of fixed, variable and immediate annuities
MetLife Inc. must defend a lawsuit by the beneficiary of a policy who claimed the insurer paid $302,000 to the wrong person.
Caplan oversees $83 million acquisition of flat-fee VA seller; targets RIAs
U.S. workers' health insurance premiums rose 63% between 2003 and 2010 as employers shifted more of the burden of rising medical costs to individuals and families, according to a study from The Commonwealth Fund
Independent broker-dealers owned by insurance companies, once the dominant players of the industry, will continue to dwindle in size and importance over the coming decade, unable to keep pace with more nimble competitors that invest in, and increase, investment advisory services for reps.
Conglomerate acquires $7.5B in accounts from insurer; sale includes online banking platform
Caramadre faces indictment over alleged scheme that purportedly sought out those with less than six months to live; lawyer says 'insurance industry upset it got beat at its own game'
As insurers find new ways to provide workers with a steady stream of income through their retirement plans, financial advisers are grappling with how best to benchmark these products against one another
Moody's: Bank sale eliminates Fed oversight but gives Met competitive chops
Low interest rates seen as manageable; stock prices 'beaten down to ridiculous levels'
Walter White takes helm of U.S. ops, arrives with brokerage expertise
An economic slowdown remains the No. 1 risk facing businesses, according to Aon Corp.'s biennial Global Risk Management Survey of global risk managers and chief financial officers
Sun Life's recent exit from the variable annuity business is just the latest sign that carriers aren't thrilled by the risks such long-term investments carry. With several insurers backing out of the business, and others reining in benefits and raising prices, 2011 may go down as the year of the vanishing VA | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110912&Category=FREE&ArtNo=912009999&Ref=PH?>Advisers favorite VA providers &raquo;</a>
Carrier being sued for allegedly retaining life insurance payouts, pocketing the float
A continuing three-year, 35-state investigation into the practices by which life insurers pay death benefits may spawn more-stringent requirements for locating beneficiaries
A hefty charge that ING Groep NV will take on its American variable annuity business appears to be a mixed blessing for investors hoping to snap up shares of the company's insurance unit once it makes its public debut.
