Life Insurance News
The founder and former pastor of a Chesterfield, Va., church was sentenced to more than five years in federal prison for scamming at least 1,249 people nationally out of $240,000 with false promises of obtaining universal life insurance policies for a one-time $25 fee.
The man who masterminded an $800 million Florida insurance scam that defrauded tens of thousands of investors is appealing his 20-year prison term.
Judy Diamond Associates, the 401(k) plan information provider, released an analysis of the worst states in which to have a 401(k) plan.
Federal Reserve Board Governor Daniel Tarullo told the U.S. Senate on Tuesday that he believes he has the authority in some cases to tailor capital rules for insurance products offered by large firms that have been designated “systemically important.”
The Insured Retirement Institute announced final second-quarter 2014 sales results for the U.S. annuity industry, which show sales reaching the highest mark in three years.
The College for Financial Planning (CFFP) and the National Association of Insurance and Financial Advisors (NAIFA) have joined forces to create what they say is an enhanced, dynamic and interactive curriculum for the Life Underwriter Training Council Fellow (LUTCF) designation.
American International Group Inc. and a firm that helped it amass a large investment portfolio of “life settlements” are trading accusations in competing lawsuits, with AIG firing the first shot … Read →
Insurance marketing and brokerage firm AmeriLife Group LLC is exploring a sale that could fetch as much as $500 million, and has hired investment bank Evercore Partners Inc to assist … Read →
A federal panel is proposing to assign MetLife to a club it does not want to join, by initially voting on Thursday to deem it a “systemically important financial institution” … Read →
Personnel news from Jay Insurance, Acuity Management, All Risks, HSH Insurance, AXA, Dominion Risk Advisors, Kinsale, PGU, RCM&D and BeneFinder.