November's improved employment numbers should be a pick-me-up for advisors, at least for those who believe they have skin in the game where job growth is concerned...
Harbinger Group has made still another foray into the annuity business. The publicly held company's latest deal is an annuity reinsurance treaty closed with Bankers Life...
Members of Generation Y have fewer assets than those who belong to Generation X and the baby boom generation, but Gen Y is more likely to heed advisors and alter their savings habits...
Every state should "adopt and enforce" the National Association of Insurance Commissioners' (NAIC) Suitability in Annuities Transaction Model Regulation, according to the Federal Insurance Office (FIO)...
Financial analysts at Keefe, Bruyette & Woods project estimated median operating revenue growth for a group of 14 life carriers at 2.9 percent for 2014 due to stock market performance, rising interest rates, and higher sales of fixed annuities and basic life insurance...
States considering the implementation of principle-based reserving (PBR) should exercise "substantial caution," as few regulators are likely to have the technical expertise to be able to evaluate the internal capital models used by insurers, the Federal Insurance Office (FIO) said...
Atlantic American Corp. announced that it has closed on its acquisition of Direct Life Insurance Co., formerly a non-active subsidiary of Direct General Insurance Co...
The U.S. health insurance industry denounced a White House decision to let people losing their insurance buy bare-bones plans or even go without insurance...
Health plans are voluntarily extending the deadline for consumers to pay their first month's premium. Consumers who select their plans by Dec. 23 and pay their premiums by Jan. 10 will be able to have coverage effective Jan. 1...
A new LIMRA survey revealed that the majority of Americans (60 percent) who used health exchanges to shop for health coverage sought assistance when purchasing their health insurance plan...
Holes in oversight and enforcement of the Health Insurance Portability and Accountability Act -- or HIPAA -- need to be addressed, the Department of Health and Human Services' inspector general has found...
In the face of continued economic, competitive and regulatory challenges, property-casualty insurers are seizing opportunities to improve underwriting discipline, drive operating efficiencies and leverage data and enhanced analytics to sustain growth...
The new Private Market Flood program, underwritten by certain underwriters at Lloyd's of London, is now available in Florida, Connecticut, South Carolina, New Jersey, Pennsylvania, Virginia, most parts of Louisiana and is scheduled to be available in Texas and several other states in January.
Drivers pay an average of 38 percent more for car insurance after making a single claim, according to a new report. The hike is steepest in Massachusetts, where just one claim leads to an average premium increase of 67 percent...
Amid intense political jockeying and behind-the-scenes finger pointing, it appears that Congress will adjourn for the year without agreeing on action to curb steep hikes in flood insurance premiums for thousands of homeowners...
Social Security is the federal government's largest single program. Of the 58 million people who currently receive Social Security benefits, about 70 percent are retired workers or their spouses and children, and another 11 percent are survivors of deceased workers...
Lawmakers called on FINRA to explain its policies for expunging investor complaints about brokers from the public record, suggesting that the industry regulator should revisit the extent to which information is removed from the BrokerCheck database...
Many of us have dreams of leaving the 9-to-5 grind and working for ourselves. And since the 2008 financial crisis, many have done it -- even if some didn't really have a choice...
Former American International Group executives are pursuing an ethics complaint against the New York prosecutors still bringing charges that cost them their jobs at the insurance giant in 2005...
UBS AG, the world's largest wealth manager, said clients are shifting money to be managed directly by the bank or pay for advice in a reversal of previous outflows after it revamped services to boost profitability...
The insurer is seeking to appeal to parents with technology that can disable their children's mobile phones when they are behind the wheel and provide warnings when they drive too fast...
The Insurance Institute for Highway Safety has again made it more difficult to earn its Top Safety Pick Plus and Top Safety Pick awards by tightening its criteria for the third time since the 2006 model year...
An industry group said Texas homeowners no longer are paying the highest insurance rates in the country, a distinction that now goes to Florida residents...
Drivers ask the question every time they see another motorist sending texts while barreling down the interstate at 75 mph, or changing lanes without signaling, or hanging a left on red...
Senators Seek Answers About FINRA Broker Records Removal
