Life Insurance News
Robert A. Kerzner, president and CEO of LIMRA, told association members that the life insurance industry must examine changes in consumer demographics and expectations, and explore those impacts on the financial services industry.
FINRA has censured and fined Merrill Lynch divisions $6 million for violating regulations and procedures.
Despite improved prospects for U.S. growth,Americans are still “holding back” as investors and potentially risking their financial future, particularly hopes for a secure retirement, according to results of the BlackRock Global Investor Pulse Survey.
Pacific Investment Management Co., seeking to stem redemptions after its co-founder Bill Gross left unexpectedly, was dropped as manager of a $6.16 billion strategy offered by a unit of Newark, … Read →
Virginia personnel news from Dixon Wells, MEMIC and Employers Holdings.
Great American has expanded its product offerings to include a new fixed-indexed annuity with three optional riders.
MetLife Inc., the largest U.S. life insurer, said third-quarter profit more than doubled on growth in its home market, fueled by investment results.
Net income rose to $2.09 billion from $972 … Read →
Wolters Kluwer Financial Services has unveiled lists of the top criticisms found on U.S. property and casualty and life and health insurance market conduct actions, as recorded by state insurance regulatory agencies.
Demand for permanent life insurance is growing in America’s career military, according to First Command Financial Services.
The Pennsylvania Insurance Department issued a statement announcing that the state agency has served as a lead in several multi-state examinations targeting the business practices of the life insurance industry. … Read →