A group of insurance associations is concerned about the implications that new taxes included in President Obama‘s 2013 budget proposal, introduced Feb. 13, will have on the life insurance industry.

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.

Two insurance industry trade groups voices satisfaction with the U.s. Senate’s confirmation of former Kentucky insurance commissioner S. Roy Woodall to the Financial Stability Oversight Council because of his insurance expertise.

Michael McRaith, insurance director at the Illinois Department of Insurance, was named the first leader of the Federal Insurance Office (FIO).

The U.S. and South Korea finalized a free trade agreement (FTA) that “contains the strongest and most promising commitments ever achieved for [the insurance] industry in an FTA,” two insurance trade associations say.

The friction between investors looking for opportunities and insurance companies whose products inadvertently provide those opportunities is forcing a hard look at stranger-originated annuity transactions (STATs), according to an industry expert.

Two industry groups are praising Wisconsin Gov. Jim Doyle for signing into law tough new rules on stranger-originated life insurance (STOLI) transactions, while another organization indicates the measure will deny consumer rights.

A life insurance trade group is telling federal officials the vital role that guaranteed lifetime income options can have in workplace retirement plans.

In a sign of the times, the American Council of Life Insurers (ACLI) has launched its presence on the social media platform Twitter.

National Retirement Planning Week, designed to coincide with Financial Literacy Month, is scheduled for April 12 to April 15, as various organizations schedule outreach efforts designed to raise public awareness to the need to comprehensively plan for retirement.