Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Bills to overturn 151A gain support
By Staff WriterA companion bill to the recently-introduced Meeks-Price bill is receiving praise from fixed indexed annuity issuers. The Coalition for Indexed Products released a statement Monday...
June 26, 2009
Federal Judge Upholds Lincoln National PatentLincoln National Corporation announced it has won a Federal court decision in its patent-infringement lawsuit against Transamerica Life Insurance Company.
June 25, 2009
Agents fight "grim reaper" stigmaWe recently published a blog titled "(Grim) reaping the benefits of life settlements?" The blog detailed a Slate magazine article that stomped a mud hole in the life settlements industry. Written by a self-proclaimed New York
June 25, 2009
Scam alert: Where's Dateline now?"Scammers try to take advantage of senior citizens." A true statement, unfortunately, and one we've all seen far too often in the media. But, have you seen a headline like this one before: "Scammers target insurance
June 25, 2009
Federal Judge Upholds Lincoln National PatentLincoln National Corporation announced it has won a Federal court decision in its patent-infringement lawsuit against Transamerica Life Insurance Company.
June 25, 2009
NAVA testimony questions added industry regulationSpeaking before the House Financial Services Committee on June 24, NAVA president and CEO Cathy Weatherford offered her organization's input on President Obama's proposals to reform the regulation of the financial services industry
June 25, 2009
SEC takes on money market fundsThe Securities and Exchange Commission is rewriting rules that would make money market funds safer for investors, the New York Times reports. The Commission is proposing that retail funds be required to keep "at least 5 percent of their assets
June 25, 2009
No absolution from FINRAFINRA has thrown a wire-house broker out of the securities business for victimizing a 64-year-old nun. According to FINRA, the nun received a $531,000…