Sen. Elizabeth Warren (D-Mass.) is demanding that the 15 largest U.S. annuity issuers send her detailed information on incentives used to get agents and brokers to sell their product.
Richard Badolato is set to take over Aug. 1 as acting insurance commissioner of the New Jersey Department of Banking and Insurance.
Russ Alan Prince, writing for Forbes, explains that the possibility exists for some life insurance agents to increase revenue by up to 70%.
A former financial services executive was sentenced to 21 months in prison and must pay $10 million in restitution for defrauding his employer in connection with the fraudulent purchase of an insurance company.
A former registered representative of a broker-dealer admitted in federal court to using his position to steal more than $650,000 from the company’s clients.
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.
State-run health insurance markets that offer coverage under President Barack Obama's health law are struggling, and more of them might turn over operations to the federal government.
The property & casualty insurance industry faces unprecedented challenges, according to a new study by Conning.
While some argue health insurance premiums will increase significantly next year and others say it is too soon to tell, a battle is brewing behind the scenes to make plans affordable for consumers.
Health insurer Anthem will acquire rival Cigna for $48.3 billion, the companies announced today.
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A former registered representative of a broker-dealer admitted in federal court to using his position to steal more than $650,000 from the company’s clients. Read »
A livery company owner was convicted by a New Jersey jury on charges he registered and insured limousines and taxis in New Jersey while keeping and operating the vehicles in New York in order to obtain lower insurance premiums. Read »