BofA Survey Shows Full Investor Capitulation Amid Pessimism
By Sagarika Jaisinghani and Michael MsikaInvestor allocation to stocks plunged to levels last seen in October 2008 while exposure to cash surged to the highest since 2001.
July 19, 2022
5 Biggest Life Markets in the World, NowThe world's life insurance and annuity premium volume rose 9.9% in 2021, to $3 trillion.
July 19, 2022
California State Lawmaker Tries to Keep Insurance Legislators TalkingNCOIL President Ken Cooley could influence how the Golden State addresses long-term care financing.
July 19, 2022
Mariner to Buy $26B Firm, LPL PartnerThe Financial Services Network is set to operate as Mariner Advisor Network and maintain its strategic relationship with LPL Financial.
July 18, 2022
Equitable to Pay $50M for Misleading Teachers on Annuity FeesEquitable's account statements provided misleading fee info to about 1.4 million variable annuity investors, according to the SEC.
July 18, 2022
Stablecoins Show the Problem With Crypto in 401(k)sTo put the lack of crypto oversight in perspective, think of how tightly money market funds are regulated versus stablecoins.
July 18, 2022
State Lawmakers Question Insurer Life Policy Buyout OffersAt a national meeting, lawmakers also talked about resisting federal encroachment.
