The firm announced its foray into the life settlements industry as the first insurance carrier to buy unwanted policies.
NAIC has revised its rules to keep life insurers from refusing coverage based on customers’ future travel.
MetLife is bringing in its deferred income annuity as an asset allocation option in a defined contribution plan.
AIG has filed suit against ex-chief executive Maurice Greenberg and six other former directors and executives, accusing them of breaching fiduciary duty,
The firm reported that its operating earnings jumped 17% to a record level of $1.28 billion for 2007.
Annuities are from Principal Financial Group, Symetra Life Insurance and firms affiliated with MetLife Investors.
Aflac's directors have released a proxy statement inviting its shareholders to vote on performance-based compensation.
Even as the financial services industry scurries to provide advisers with better retirement income vehicles, advisers continue to criticize the new products.
AIG will pay $13.5 million to settle an investigation involving its alleged sham reinsurance deal with General Re.
Pets Best Insurance Services is bringing coverage to man's best friends through banks and employee benefit providers.
Due to a technical error, an old story about Robert R. Carter stepping down from his role as president of NFP Insurance Services Inc., ran in today's INDaily.
Jackson National Life reported today a 14% earnings increase and $4.1 billion in revenue for 2007.
Estimated sales of book value annuities totaled $6.9 billion, while sales of indexed annuities totaled $6.3 billion.
The move is intended to simplify the mutual company's ownership structure, according to the firm.
The New York attorney general Andrew Cuomo is broadening his investigation into health insurers’ practices related to payments for out-of-network services.
Ambac will seek to raise capital through a $1 billion common stock offering, plus a $500 million public offering of equity units.
The American Bankers Insurance Association has elected three financial services industry leaders to serve as new board of directors.
The bond insurer has decided against splitting into two entities, as it prepares to receive up to $3 billion in cash.
The firm's life settlements units have received provider licenses in 22 states and have filed applications with five others.
