Property-casualty agents are seeing business shrink in a continuing soft market, with the recession just adding to their already existing woes.

Health insurance agents have been ambushed by a president and …  Read →

A federal appeals court has voided Rule 151A, a regulation that would have treated indexed annuities as securities, placing them under the U.S. Securities and Exchange Commission.

Surprise! A federal court has said that the SEC did not follow guidelines when implementing Rule 151A, so the court is telling the SEC that it must re-evaluate the mandate …  Read →

A federal court has told the U.S. Securities and Exchange Commission to reconsider its controversial Rule 151A, saying that while it supported federal oversight of the products over confusing state …  Read →

Congress might consider reversing the idiotic Rule 151A, which brings indexed annuities into line with securities and thus under the purview of the SEC, effectively shutting insurance agents out of …  Read →

The National Association of Insurance Commissioners is throwing its support behind proposed legislation to reverse a pending move by the U.S. Securities and Exchange Commission to classify indexed annuities as …  Read →