Variable annuity sales, after falling 26% in the first six months of last year, perked up enough to erase some of those losses for the entire year, LIMRA reported.

The opportunity that became available Jan. 1 for investors with more than $100,000 in annual income to convert their traditional IRA to a Roth IRA has gone largely unnoticed.

Only one quarter of Americans support the current health reform legislation proposed in Washington, D.C., according to a new study by LIMRA, with a majority of poll respondents say they are pleased with their current coverage.

One in five life insurance agents would consider changing carriers if the new one was a better fit, and the majority of producers that do switch blame it on an eroding relationship with the carrier, a new study suggests.

Total individual life insurance sales fell 11% in the third quarter, despite a 12% surge in individual whole life policies sales, according to LIMRA.

A new insurance company, whose executives say they are intent on becoming the largest independent career agent distribution group, is expected to be launched by a group of private equity …  Read →

Individual long-term care insurance sales fell by a third in the first quarter, as consumers chose to spend their money on more immediate needs.

The 34% decline for the first quarter …  Read →

Fixed annuities continue to outsell variable annuities, as people fear the rocky stock market.

For the second quarter in a row, fixed annuities outsold variable annuities $35.6 billion to $30.7 billion, …  Read →

The Guardian Life Insurance Company of America is launching an automatic benefit increase option designed to protect life insurance beneficiaries from inflation.

Guardian also announced an automatic re-enrollment feature designed to …  Read →

The fourth quarter of 2008 showed the sharpest decline in new annualized premium for individual life insurance since the fourth quarter of 1951, and the overall year’s results showed the …  Read →