IFAwebnews » Life Insurance News

Brokerage firm pays $3.3M for bad-mouthing insurance broker

Jaime L. Brockway — Sun, 12 Feb 2012 14:25:50 +0000

An insurance broker won $3.25 million from its former employer, Questar Capital Corp., after a financial arbitration panel found the firm guilty of defamation and breach of contract.

Brokerage firm pays $3.3M for bad-mouthing insurance broker via IFAwebnews.

Employee benefit offerings only as good as the discussion about them

Jaime L. Brockway — Fri, 10 Feb 2012 14:12:48 +0000

Few employers think their workers understand their benefit packages, which can be corrected by one-to-one benefits counseling sessions during enrollment, a new survey says.

Employee benefit offerings only as good as the discussion about them via IFAwebnews.

Sponsors of 401(k)s adding features to boost participants’ investment

IFAwebnews Staff — Mon, 06 Feb 2012 16:49:18 +0000

Nearly half (49%) of 401(k) plan sponsors are offering features to automatically increase participants' contributions as they seek to improve their employees' preparation for retirement, a new Deloitte study finds.

Sponsors of 401(k)s adding features to boost participants’ investment via IFAwebnews.

Number of Certified Financial Planners could double in next five years

IFAwebnews Staff — Thu, 02 Feb 2012 22:48:27 +0000

The number of certified financial planners in the world could double in the next five years, according to the board chairman-elect of the Financial Planning Standards Board.

Number of Certified Financial Planners could double in next five years via IFAwebnews.

Liberty Life renamed Athene Annuity & Life Assurance

Bob Graham — Thu, 02 Feb 2012 13:43:29 +0000

Liberty Life Insurance Co., which has a significant presence in Wilmington, Del., changed its name to Athene Annuity & Life Assurance Co., effective Feb. 1.

Liberty Life renamed Athene Annuity & Life Assurance via IFAwebnews.

California, insurance companies settle suits over investments in Iran

Bob Graham — Wed, 01 Feb 2012 13:49:54 +0000

California's insurance commissioner announced the end to a pair of civil suits, filed over his agency's efforts to force insurance companies to stop investing in corporations working in Iran.

California, insurance companies settle suits over investments in Iran via IFAwebnews.

Alliant buys Thesco, seeking more of Northeast’s 401(k) marketplace

Bob Graham — Wed, 01 Feb 2012 13:46:01 +0000

The largest specialty insurance brokerage in the U.S. acquired a New York-based 401(k) investment and advisory firm, seeking to expand its presence in the Northeast.

Alliant buys Thesco, seeking more of Northeast’s 401(k) marketplace via IFAwebnews.

MetLife to pay $10,000 for data breach in 2009

Bob Graham — Tue, 31 Jan 2012 10:00:45 +0000

Metropolitan Life Insurance Co. has agreed to pay $10,000 to settle a case where current and former customers' personal information was made public in November 2009.

MetLife to pay $10,000 for data breach in 2009 via IFAwebnews.

Arthur Gallagher expands Upstate New York footprint with Albany deal

Bob Graham — Fri, 27 Jan 2012 21:31:46 +0000

Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency, an Albany, N.Y.-based retail insurance broker allowing it to significantly expand its Upstate New York presence.

Arthur Gallagher expands Upstate New York footprint with Albany deal via IFAwebnews.

Life insurance activity showed ‘marked resilience’ in 2011

Bob Graham — Thu, 26 Jan 2012 09:50:33 +0000

The life insurance application activity for last year finished slightly above the 2010 level, spurred in part by 5.8% year-over-year growth in December.

Life insurance activity showed ‘marked resilience’ in 2011 via IFAwebnews.