Life Insurance News
Arthur J. Gallagher & Co. acquired a Tallahassee, Fla.-based employee benefits communication and enrollment firm as it seeks to expand in the voluntary benefits market.
New indexed annuity offerings offer salve for burned investors
Variations on the indexed annuity offerings are providing a growing number of pre-retirees and retirees with new financial planning options.
U.S. Senate Republican Leader Mitch McConnell (R-Ky.) said Nov. 29 he was crafting a plan with other Republicans to extend payroll tax cuts, which if allowed to expire this year could could cause the average family making $50,000 per year to have to pay an additional $1,000 in income taxes for 2011.
Life insurance buyers want to meet agent, see needs analysis
Life insurance buyers who meet face-to-face and receive a recommendation on how much life insurance to buy are more apt to buy policies, according to new research.
Two Rhode Island men, including a lawyer, were charged with allegedly stealing the identities of terminally-ill patients and elderly to obtain more than $25 million from insurance companies and bond issuers.
LPL Financial raising fees, other levies for 12,800 advisors
A national independent broker-dealer is raising fees, including its advisor affiliation fee, starting Jan. 1, 2012, after two decades of maintaining the same rates.
Sun Life, Cigna partner to offer expanded insurance, medical access
Sun Life Financial, based in Wellesley, Mass., announced it will market its stop-loss insurance through Cigna Payer Solutions, a network connecting third-party administrators with health care providers.
Variable annuity (VA) sales rose 16% in the third quarter, totaling $40.2 billion, according to the LIMRA’s third quarter 2011 U.S. Individual Annuities Sales survey.
Annuity sales are being influence by increasing emotion and a desire by buyers to secure their retirement, not accumulate wealth, a new report finds.
Affluent Americans anxious, frustrated, acting on market worries
The number of market pessimists among America’s wealthy is slightly higher than optimists, according to a new survey.

Federal health exchange officials too busy to worry about Supreme Court
Federal health reform would add 100,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees

Combination life insurance product sales rise at ‘remarkable rate’
Pa. men charged in multi-state, ‘elaborate financial fraud scheme’
Small business worries about its role in retirement planning

Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act
Allstate seeking agency owners for Md., Va., D.C., Pa, Del., W.Va.
Wharton School establishes new risk and insurance program


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