Economy & Markets
The important economic and stock market news that advisors need to know.
Reinsurance Change Lowers Penn Treaty Net
By Staff WriterEfforts to reduce exposure to investment market ups and downs led to a dip in third-quarter earnings at a major long term care insurer.[@@]The ...
November 01, 2005
Mid-Cap Value Funds Tap Rich VeinMid-cap stocks enjoy the best of both worlds: They possess the strong liquidity and well-established businesses of large-cap companies, and the high growth potential and...
October 28, 2005
Firm Says Guidance Should Help Deferred Comp MarketExecutives at Clark Inc. say they are hoping changes in the business climate will help them improve on third-quarter earnings.[@@]Clark, Barrington, Ill., is reporting ...
October 20, 2005
Torchmark Unit Pushes To Hire AgentsTorchmark Corp. is hoping new producers will help its earnings.[@@]Torchmark, Birmingham, Ala., is reporting $119 million in net income for the third quarter on ...
October 05, 2005
Feds Complete Foreign Insurer Stock RuleThe Internal Revenue Service has published a final version of a rule that may affect the income taxes of foreign life insurers that do ...
October 02, 2005
Next Annuity Industry Storm: Overselling GLWBsThe annuity industry gets into trouble occasionally by not discouraging the overselling of potential returns; now some in the business are doing the same thing with guaranteed lifetime withdrawal benefits in annuities.
October 01, 2005
Next Annuity Industry Storm: Overselling GLWBsThe annuity industry gets into trouble occasionally by not discouraging the overselling of potential returns; now some in the business are doing the same thing with guaranteed lifetime withdrawal benefits in annuities.