Sun Life Financial announced that it will stop selling new variable annuity and individual life products in the U.S., effective Dec. 30.

John Hancock Insurance Cos. will pay about $4 million in overdue insurance and annuity payments to Maryland policyholders as part of an agreement over the results of an abandoned property audit.

An occupationally disabled woman suffering from severe back injury has filed a class-action suit against Sun Life Financial Assurance Company of Canada, claiming that Sun Life violated insurance reforms issued by Michigan’s insurance commissioner regarding disability insurance contracts.

New group benefit options are available to business owners with a maximum of nine employees through Sun Life Financial’s recently enhanced E-Z Choice program.

Maryland insurance regulators stripped the license of a former Washington, D.C., agent who failed to return $50,000 in payments and $7,110 in commissions paid to him by Sun Life Financial.

Employees assign a greater value to their total benefits package than cash, a result that surprised the survey’s sponsor.

“What was surprising is that a majority of employees, regardless of their …  Read →

The U.S. division of Sun Life Financial Inc. launched its enhanced Wealth Transfer Program and advanced markets calculators to assist producers in using life insurance for estate planning.

The company said …  Read →

A Hudson Falls, N.Y. man who collected $83,000 in workers’ compensation benefits claiming a back injury prevented him from working was arrested after investigators allegedly caught him performing numerous activities, …  Read →