Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Lack Of Liquidity Can Kill Suitability
By Staff WriterUnsuitable annuity sales and sales practices have been big news this year, along with Congressional hearings and various proposed standards to address suitability issues.
September 16, 2005
New York Life Supports Foster ChildrenA foundation backed by New York Life Insurance Company has given $199,200 to the Child Welfare League of America.[@@]The Child Welfare League, New York, ...
September 16, 2005
Phoeni Offers Term-Life Premium Return RiderPhoenix Companies Inc. has introduced an optional benefit that could pay some term life customers a large cash benefit when the term ends.[@@]Phoenix, Hartford, ...
September 16, 2005
NASD%3A Home Offices Not Branch OfficesThe U.S. Securities and Exchange Commission has approved a rule change that could force broker-dealers affiliated with life insurers to register more offices as ...
September 15, 2005
Eecutive To Lead Sun Life Financial Distribution UnitIndependent Financial Marketing Group Inc. has hired Michael Weiss to be president.[@@]Independent Financial, Purchase, N.Y., a company that distributes insurance and financial products through ...
September 15, 2005
Marketing Firm Wins Commission CaseAmerican Worldwide Insurance Inc. has won a court case that is helping it collect back commissions from a Midwestern life insurer.[@@]A U.S. District Court ...
September 15, 2005
Spitzer Indicts 8%2C Says More News In PipelineAfter close to a year of civil litigation and plea bargain deals, New York Attorney General Eliot Spitzer has announced the indictment of 8 ...
September 15, 2005
JHA%3A Group LTD Enrollment Rises 5%Group disability insurers protected about 36 million U.S. workers against long-term disability at the end of the first half of 2005, 2% more than ...