Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Industry vet takes award
By staff WriterSuccessful. Giving. Caring. Giving. Those are the words that come to the fore when reading the biography of Phillip C. Richards, CLU, CFP, RHU. Now we'll get to see if patient is on the list. Richards, chairman and CEO of the North Star Resource
April 18, 2008
MDRT reveals production requirementsA seat at the table. That's what professionals in the insurance industry seek every year. It's an indication of top performance, of serving the public well, of being in the upper echelon among peers. The Million Dollar Round Table establishes
April 18, 2008
Life premium up in 2006Signs of life emerged in the U.S. life insurance market, as individual life premium rose 7 percent in new annualized premium in 2006. That increase is the largest since 2000, according to LIMRA International. Total face amount sold went up by 4
April 18, 2008
LTC report helps consumers, advisorsAdvisors who offer long term care insurance to their clients - and even those who don't - will be interested in a report issued by Prudential Financial. The report, "Long Term Care Cost of Care," gives consumers and their advisors the
April 18, 2008
AALTCI announces LTCI price indexAs the need for more people to cover themselves for long term care increases, it appears more people are getting the message, and they are getting it at a younger age. The American Association for Long-Term Care Insurance says two things are
April 18, 2008
Nursing home use on the declineIn survey after survey, Americans say they want to avoid spending time in a nursing home, wishing instead to receive care in assisted living facilities or in their home. That thinking has changed the way older Americans receive care. The Lewin
April 18, 2008
Private Medicare plans cost morePrivatization of Medicare plans was billed as a way to save the program money. But according to a Commonwealth Fund study, the private plans cost an additional $5.2 billion in extra payments. In 2005, private Medicare Advantage plans were paid an
April 18, 2008
The designation debate and annuity misinformationEditor's note: The following letters from a quartet of industry organizations were written in response to Charles Duhigg's article in the July 8, 2007 New York Times, "For Elderly Investors, Instant Experts Abound," calling into question