IFAwebnews » annuities

MetLife to pay $600 million to consumers in ‘landmark’ settlement

Jaime L. Brockway — Mon, 23 Apr 2012 21:40:09 +0000

A group of six states reached a $40 million “landmark” settlement today (April 23) with nine MetLife insurance companies that might return about $600 million to consumers nationwide.

MetLife to pay $600 million to consumers in ‘landmark’ settlement via IFAwebnews.

Symetra, Crump Life team up on life insurance, annuity sales

IFAwebnews Staff — Thu, 12 Apr 2012 15:16:01 +0000

Symetra Investment Services has formed a strategic partnership with Crump Life Insurance for the sale of life insurance and annuities.

Symetra, Crump Life team up on life insurance, annuity sales via IFAwebnews.

SunAmerica restructures, seizing ‘unique time’ for growth, change

IFAwebnews Staff — Thu, 12 Apr 2012 15:06:11 +0000

SunAmerica Financial Group is restructuring its life insurance and retirement services divisions as it seizes “a unique time for opportunity, change and growth.”

SunAmerica restructures, seizing ‘unique time’ for growth, change via IFAwebnews.

Okla. insurance agent found in Fla., accused of defrauding elderly

IFAwebnews Staff — Wed, 04 Apr 2012 14:35:52 +0000

A former Collinsville, Okla., insurance agent was arrested March 28 in Florida for allegedly exploiting a group of senior citizens in Oklahoma for money.

Okla. insurance agent found in Fla., accused of defrauding elderly via IFAwebnews.

Annuity market ‘strong,’ poised to grow despite The Hartford’s exit

Bob Graham — Wed, 21 Mar 2012 19:26:13 +0000

The Hartford's decision to leave the individual annuity market doesn't mean the insured retirement industry is struggling, according to the Insured Retirement Institute (IRI).

Annuity market ‘strong,’ poised to grow despite The Hartford’s exit via IFAwebnews.

The Hartford dropping annuities, to focus on property-casualty sales

Bob Graham — Wed, 21 Mar 2012 12:18:26 +0000

The Hartford is giving up on individual annuities, saying it will run-off its individual annuity business and either sell or seek other alternatives for its individual life, financial services and retirement plan segments.

The Hartford dropping annuities, to focus on property-casualty sales via IFAwebnews.

Table talk about California annuity sentencing and no hardening market

Bob Graham — Fri, 16 Mar 2012 18:48:51 +0000

A luncheon with a collection of insurance agents in the Washington, D.C., area recently put two important news stories in a new context.

Table talk about California annuity sentencing and no hardening market via IFAwebnews.

Insurance agent jailed for selling annuity to woman with dementia

Jaime L. Brockway — Wed, 14 Mar 2012 12:49:27 +0000

A California insurance agent was sentenced to 90 days in jail Feb. 29 after being convicted of selling an annuity to an elderly woman with dementia.

Insurance agent jailed for selling annuity to woman with dementia via IFAwebnews.

Annuity sales ‘robust,’ sparked by 28% rise in variable annuity sales

Bob Graham — Mon, 12 Mar 2012 14:06:06 +0000

Annuity sales in 2011 grew 7.7%, fueled in large part by a 28% increase in net variable-annuity sales during the year.

Annuity sales ‘robust,’ sparked by 28% rise in variable annuity sales via IFAwebnews.

NAIFA offers its blueprint for Federal Insurance Office’s role

Bob Graham — Wed, 28 Dec 2011 11:35:23 +0000

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.

NAIFA offers its blueprint for Federal Insurance Office’s role via IFAwebnews.