AIMS Benefit Solutions and MedLink, a national insurance broker, have formed a partnership designed to exploit each other’s strengths.

The parent company of Old Mutual Life Insurance Co. and its subsidiary, OM Financial Life Insurance Co. of New York, said today (March 11) it is considering selling off both companies.

Overall U.S. life insurance application activity ended its six-month roll, showing a slight decline in February, according to a monthly analysis.

Fewer than half of American workers said they had put pencil to paper, trying to calculate how much they need to save for retirement, a new study found.

A California man was arrested for allegedly attempting to extort $200,000 from a New York-based life insurance company by threatening to send false statements about the company in emails to customers and insurance agents through a spam email campaign.

Less than a week after paying $1 million in a settlement with the U.S. Securities and Exchange Commission over misleading proxy disclosures, an Iowa company now faces a $275,000 fine for allegedly selling unapproved annuity contracts in Minnesota.

In a move it says is “an important step toward repaying the government,” American International Group has agreed to sell its international life insurer to MetLife for $15.5 billion.

A lingering tax issue may soon be resolved, paving the way for American International Group to sell its foreign life insurance unit to MetLife for $15 billion.

The National Association of Insurance Commissioners intends to hold a hearing to explore the sale of annuities in the secondary insurance market.

Two executives of an Iowa life insurance company will pay a combined $1 million in penalties as part of civil settlements with the U.S. Securities and Exchange Commission regarding misleading proxy disclosures to investors.