Securian Life Insurance Co. has launched its first annuity for sale in New York, saying the new product offers a feature called Advance Withdrawal Benefit.
Minnesota Life Insurance and Securian Life Insurance Co. appear to have weathered the economic downturn, leading a key ratings service to revise their outlooks to “stable.”
Six months ago, Insphere Insurance Solutions announced plans to become the largest independent career agent distribution group. On Jan. 21, the Dallas/Ft. Worth, Texas-based company announced it has commenced operations with a force of 2,200 agents and offices in more than 40 states.
One of the nation’s largest independent career agency distribution groups has reached a deal to sell four insurance plans from UnitedHealthcare’s Golden Rule Insurance Co.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.