Bank Annuity Sales Fall Slightly
By Trevor ThomasBanks sold $3.5 billion worth of annuities in February, down from $3.7 billion in February 2004.[@@]Fixed annuity sales of $2 billion for the month ...
May 05, 2005
Greenberg Questions AIG Restatement StrategyMaurice Greenberg is criticizing the way American International Group Inc. is communicating with the public and the way it is communicating with him.[@@]Greenberg, former ...
May 05, 2005
FBI Denies Eistence of InvestigationThe Federal Bureau of Investigation backed away Thursday from earlier statements suggesting that it was conducting a broad investigation of the insurance industry.[@@]Meanwhile, the ...
May 05, 2005
N.Y. Life Sticks With UpromiseNew York Life Insurance Company has agreed to continue to participate in an education-oriented customer incentive program.[@@]Companies in the program, run by Upromise Inc., ...
May 05, 2005
Guardian Honors 17-Year-Old EntrepreneurChauncey Holloman, a 17-year-old from Mabelvale, Ark., has won the 2005 Girls Going Places College Scholarship competition.[@@]Guardian Life Insurance Company of America, New York, ...
May 05, 2005
New Annuity Offers Annual Persistence AwardsProtective Life Corp. has introduced an annuity that includes annual rewards for holders who keep their annuities after the eighth contract anniversary.[@@]The ProtectiveRewards B2A ...
May 05, 2005
Life CFOs: New Producer Comp Rules May Squeeze MarginsEven if the federal government keeps its hands off insurance, regulatory changes may lead to higher distribution costs and lower profits.[@@]Life insurance company chief ...
May 05, 2005
Poolman Talks About June NAIC AgendaState insurance regulators are getting ready to talk about investor-owned life insurance, term life producer licenses and life reserving rules.[@@]Those are some of the ...