USAA, an insurance company for members of the military and their families, has signed a 10-year agreement to sponsor the annual Army-Navy football game.

The deal puts USAA before an audience, ...  Read →  Read Story

Hospital sues Massachusetts over its universal health law

The Boston-based hospital that treats the greatest number of Massachusetts’ poor residents has filed suit against the state, accusing it of illegally cutting funds to the hospital as a means ...  Read →  Read Story

Court: SEC needs to reconsider Rule 151A on indexed annuities

A federal court has told the U.S. Securities and Exchange Commission to reconsider its controversial Rule 151A, saying that while it supported federal oversight of the products over confusing state ...  Read →  Read Story

The truth is clear: the majority of salespeople don’t take follow up seriously. After talking with a prospect they leave one follow up voicemail or send one e-mail, and that’s ...  Read →  Read Story

Former agent to pay $2.1 million after defrauding seniors with annuities

A former Santa Barbara, Calif., life insurance agent will pay $2.1 million to the victims of an annuities churning case, many of whom are seniors.

David Abraham, 48, a former employee ...  Read →  Read Story

Fox Insurance partners with Senior Financial to expand marketing services

Fox Insurance Co., a New York-based Medicare Part D provider, has joined with Senior Financial Solutions (SFS) to increase the amount of independent representatives and sales support for its new ...  Read →  Read Story

Bill seeking financial recovery after catastrophe gets Clinton economist’s support

A bill before Congress to deal with financial devastation following major natural catastrophes has garnered the support of a former economic advisor to President Bill Clinton.

Jonathan Orszag

Jonathan Orszag, former ...  Read →  Read Story

Tuscarora-Wayne Mutual Insurance Co. has changed its name following its transition from a mutual insurance company to a stock insurance company within a mutual holding company.

The firm, with offices in ...  Read →  Read Story

NAVA retires old name, relaunches as Insured Retirement Institute

NAVA, the Association for Insured Retirement Strategies, has changed its name to the Insured Retirement Institute, as part of a rebranding that includes a new mission and the welcoming of ...  Read →  Read Story

The former owner of an insurance agency in Tinton Falls, N.J., was sentenced to state prison for three years and ordered to pay $160,176 in restitution for pocketing premiums of ...  Read →  Read Story