The U.S. division of Sun Life Financial Inc. launched its enhanced Wealth Transfer Program and advanced markets calculators to assist producers in using life insurance for estate planning.

The company said …  Read →

Warren Buffet, the billionaire chairman and CEO of Berkshire Hathaway, says life insurers took “crazy” financial risk by selling variable annuities with unrealistic promises.

Warren Buffet

“I always thought they were …  Read →

The following is text from a NAIFA GovWatch email alert that was sent out to members. The ramifications of Congressional action on both the life and health insurance industries are …  Read →

The discovery of an alleged scheme in Pennsylvania to sell fake annuities to seniors has lead Ohio regulators to warn consumers about similar action there.

Mary Jo Hudson

Ohio Department of …  Read →

A former insurance agent from Southern California will spend three years in prison for defrauding five senior citizens out of more than $300,000.

Mark Brashear, 48, pleaded guilty to two felony …  Read →

Fitch Ratings has downgraded a pair of ratings for health insurer CIGNA, citing several factors that have resulted in what it called some “modest tightening” of the insurer’s “financial flexibility.”

CIGNA, …  Read →

The Carroll County/Howard County chapter of the National Association of Insurance and Financial Advisors-Carroll/Howard is forming a class needed for the Financial Services Specialist designation (FSS) or for a Life …  Read →

Guaranteed life benefits were included in about 96% of variable annuities sold last year, an increase from the 87% that provided the benefit in 2004, a new survey finds.

Guaranteed life …  Read →

New suitability and disclosure rules for the sale of individual fixed deferred and immediate annuities go into effect in New Jersey April 1 and include a so-called 10-day free look …  Read →

The Pennsylvania Senate Appropriations Committee has approved a series of bills to expand access and health insurance coverage, part of the 15-bill HealthNET PA legislative package.

The bills now go to …  Read →