Securian Financial Group’s credit protection business with increase by about 25% after it completes its acquisition of American Modern Life Insurance Co. (AMLIC) and its subsidiary, Southern Pioneer Life Insurance Co. (SPLIC).
Securian recently rolled out its Personal Savings Illustration, customized specifically for employees who are eligible but not participating in their retirement plans.
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.”
Companies, faced with meeting the Prudent Person Standard of Care for their 401(k) plans can struggle, often because the business owner is unfamiliar with the process.
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.