Running Your Business
Insights on how to run an insurance agency, along with coverage of agency management and agency technology news.
Banks' Annuity Commissions Up 14%
By Staff WriterBank annuity commissions and fees rose 14% in the first 3 quarters of 2008, to $814 million from $715 million in the same period last year, according to a quarterly survey.
December 26, 2008
Indiana Puts Carrier In RehabilitationThe parent of a Midwestern life insurer has responded to the turmoil in the stock and bond markets by turning control of the company over to state regulators.
December 26, 2008
AIG Sells More CDOsMaiden Lane III L.L.C. has bought $16 billion in collateralized debt obligations from American International Group Inc.
December 25, 2008
Action items for market survivalFor this issue of Market Conduct & Suitability, Jay Grubb of Key Financial Partners, who is a financial, retirement and estate planning specialist in Gwinnet Country, Ga., provides his thoughts on how advisors can survive and continue to do the
December 23, 2008
Tony TorresTony Torres has been named senior vice president of financial services for Forethought Financial Group. He has over 35 years experience in commercial lending.
December 23, 2008
401(k) Withdrawal Penalty Suspended For 2009President George W. Bush has signed legislation to suspend temporarily a tax penalty for seniors who do not take a minimum withdrawal from their retirement accounts in 2009, including 401(k) accounts.
December 23, 2008
Stretch drug budget dollars80%: Percentage of medications with a generic option. 67%: Level of generic drug utilization for all users in the United States. $13 billion: Expected sales lost to expired patent protection in 2008. 11%: Percent reduction in ann