Madoff sentenced to 150 years in prison
By Staff WriterAdmitted fraudster Bernard Madoff was sentenced Monday to 150 years in prison for perpetrating the biggest investment fraud in history, according to Reuters. The news agency...
June 25, 2009
A sorry state of affairsGood to see someone stepping up for boomers. After a commencement season filled with pessimistic speakers bemoaning both the state of the country and the...
June 25, 2009
Estate planning, savings drive life-annuity comebackThere's hope yet for the life-annuity industry. Although insurers are still struggling with the fallout from the economic crisis, a report from Conning Research and...
June 25, 2009
Women key to LTCI marketStill struggling with your LTCI message? You might be targeting the wrong spouse. Two-thirds (66 percent) of purchasers were women and the average single premium...
June 25, 2009
Low energy ideas"You never want a serious crisis to go to waste." So said Rahm Emanuel, the President's chief-of-staff, and boy did he mean it. Energy reform...
June 23, 2009
FSC to hold hearing on financial products and consumer protection - watch the live WebcastThe House Financial Services Committee will hold a hearing Wednesday morning to discuss regulatory measures for consumer financial products. The hearing is entitled "Regulatory Restructuring: Enhancing...
June 22, 2009
Study: Insurance M&A likely to increase this yearMergers and acquisitions will increase later this year as U.S. insurers and financial institutions shed non-core insurance businesses to boost capital, according to a study...
June 17, 2009
House subcommittee approves retirement advice billThe Subcommittee on Health, Employment, Pensions and Labor of the House Education and Labor Committee today approved legislation by a 13 to 8 vote to...