Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Sun Life Financial to Exit Annuity Business
By John SullivanSun Life Financial announced Monday that it will exit the annuity business effective Dec. 30, costing jobs in its Wellesley, Mass., and Portsmouth, N.H. offices.
December 13, 2011
How to Plan for the True Cost of CollegeProviding a college degree for our children is becoming more of a dream than a reality for many families and taking out loans in this economy is like Russian roulette.
December 12, 2011
Whole Life Carrying the Load in 2011While whole life sales are up 10% through the first nine months of 2011, term life sales are floundering.
December 12, 2011
Occupy Retirement Planning (Huffington Post)Your retirement savings are not safe, argues Jack Ucciferri -- in fact, so long as they're invested with one of the big banks, they're downright dangerous.
December 12, 2011
Prudential Wins Ruling over $10 Million Life-Settlement Case (Wall Street Journal)In the latest setback to investors who buy existing life insurance policies to collect the death benefit, a recent court ruling in Florida gave Prudential Financial the right to void an existing $10 million life insurance policy that had been sold to a woman in her 70s before being resold...
December 12, 2011
Prudential Wins Ruling over $10 Million Life-Settlement Case (Wall Street Journal)In the latest setback to investors who buy existing life insurance policies to collect the death benefit, a recent court ruling in Florida gave Prudential Financial the right to void an existing $10 million life insurance policy that had been sold to a woman in her 70s before being resold...
December 12, 2011
Strategic Insight: U.S. Stock and Bond Mutual Fund Net Inflows to Reach Just $80 BillionShaken by market volatility, continued high unemployment, and concerns about global economic growth, the U.S. fund industry is on pace for just $80 billion in net inflows to stock and bond mutual funds in 2011, a 67% decline from 2010, according to a new report.
December 12, 2011
Connecticut Schedules LTCI Rate HearingMetLife wants to raise rates on a block of policies it is administering by 41%. The policies were issued from 1991 to 2004.