The net assts of the U.S. variable annuity industry posted an increase for the first time in five quarters, leading one industry expert to suggest a “turning point.”

The second quarter marked the greatest increase in combined net assets in variable annuities in the U.S. in more than four years.

The Insured Retirement Institute said net assets in variable …  Read →

NAVA, the Association for Insured Retirement Strategies, has changed its name to the Insured Retirement Institute, as part of a rebranding that includes a new mission and the welcoming of …  Read →

Maryland Insurance Commissioner Ralph S. Tyler and other insurance industry officials testified before the U.S. House Financial Services Committee that insurance does not need additional consumer protection from the federal …  Read →

Indicating that the insurer has made “a series of important decisions” about its future, The Hartford Financial Services Group’s chairman and CEO, Ramani Ayer, has announced his plans to retire …  Read →