Elder-law attorneys are concerned that the new year will bring new rules in a number of states regarding how — and if — immediate annuities can work with Medicaid eligibility and planning.
The mind-set of clients presents a significant stumbling block to advisers who recommend annuities as a retirement-planning tool.
The insurance trade groups will join under the umbrella of LL Global but each will keep its name.
The Hartford announced today that it is purchasing Boston-based Sun Life Retirement Services Inc.
A 37-year veteran of the life insurance industry, Daniel J. Toran, 59, spent 12 years with the Horsham, Pa.-based company.
The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.
MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.
The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.
The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
Two organizations want insurers to have the option of being regulated federally or by the states.
Sandy Praeger was voted in as the Kansas City, Mo.-based association's new president.
Daniel Glaser, currently managing director of AIG’s European arm, will start Dec. 10, filling the position vacated in August by Brain Storms.
An insurance policy that provides an income guarantee to holders of a unified managed account at Lockwood is in registration at the Securities and Exchange Commission.
Dennis Slusarski, Mr. Blumenthal’s predecessor, will assist through the leadership transition.
More advisers are turning toward fixed-income annuities as a new asset when they create retirement plans for their baby boomer clients.
Raymond James Financial Inc. of St. Petersburg, Fla., last month rolled out a series of research reports on variable annuity riders designed to help its reps sort through the confusing array of products.
Mr. Strangfeld, currently vice chairman of Prudential, now runs all of the company’s U.S. businesses.
Financial advisers lack interest in new retirement income products, with many reporting that the products are too complicated and costly, according to observers.
As early as next year, retirees may see a new hybrid investment product that blends mutual funds with insurance guarantees, possibly signifying an alliance between the two industries.
The National Conference of Insurance Legislators has announced a new slate of officers.
