A trade group representing insurance agents and financial service professionals submitted its comments on the Federal Insurance Office’s Dodd-Frank study on modernizing and improving insurance regulation.

A New York investigation into life insurers failing to match life insurance policies against master files of deaths has resulted in more than $52.6 million in payments to 7,934 beneficiaries.

Annuity sales are being influence by increasing emotion and a desire by buyers to secure their retirement, not accumulate wealth, a new report finds.

More than one-third of all retirees receive income from an annuity in retirement, according to a new LIMRA study.

John Hancock Insurance Cos. will pay about $4 million in overdue insurance and annuity payments to Maryland policyholders as part of an agreement over the results of an abandoned property audit.

A national life insurer paid more than $17 million to 3,274 senior citizens who purchased annuities to settle a class-action lawsuit against it for targeting senior citizens.

A Pennsylvania insurance agent who signed annuity applications for his clients for their convenience has lost his insurance license.

The Lafayette Life Insurance Co. is leaving Indiana for Cincinnati, where its parent company, Western & Southern Financial Group has its headquarters.

A Racine, Wis., judge ruled that a Milwaukee-based insurance company breached contracts when it changed how dividends were paid on certain annuities.

The annuity industry ended last year on “strong and secure footing,” where variable annuity assets reached an all-time high and fourth quarter sales showed the highest levels of last year, a report showed.