Insurers will struggle to find growth and profits because of ongoing challenges caused by the global economy, according to a new forecast.

Sun Life Financial announced that it will stop selling new variable annuity and individual life products in the U.S., effective Dec. 30.

A federal jury in Richmond, Va., convicted a Houston businessman for his role in a $100 million life-settlement fraud scheme that prosecutors say bilked more than 800 people in the U.S. and Canada.

The Maryland General Assembly has scheduled a March 9 public hearing on a bill that would take a far more aggressive approach toward health reform in the state than passed at the federal level last year.

A.M. Best Co. has affirmed the ratings of First Great-West Life & Annuity Insurance Co., a White Plains, N.Y.-based company that is part of Great-West Life & Annuity Co.

Stifel Financial Corp. has announced an agreement to merge with Thomas Weisel Partners Group in a deal both firms say will create a premier middle-market investment firm.

Two weeks after a Pennsylvania Commonwealth Court found no fault in the way Kingsway Financial Services distributed shares of its troubled subsidiary, Lincoln General Insurance Co., the head of the Canadian company announced his resignation.

Many of us have seen the Facebook pages of friends and relatives who post photos and updates on every ordinary and mundane thing going on in their lives: from taking …  Read →

The Pennsylvania Department of Insurance is planning legal action against a Canadian property-casualty insurer who tried to divest itself of a troubled subsidiary by donating company shares to several charities.

Affinity Group Underwriters launched a new affiliated company to offer group health, employee benefits and human resources services.