Equitable Holdings Picks Global Atlantic to Reinsure $10B in Group Annuity Value
By Allison BellThe deal is a response to New York state's new variable annuity reserving requirements.
August 16, 2022
Cambridge Taps 3 Execs for New RolesThe shifts are "all about continuity of leadership," said CEO Amy Webber, who added: "Our goal is to remain internally controlled."
August 15, 2022
Senate Finance Chair Asks Blackstone Unit for Private Placement Life DetailsSen. Ron Wyden says wealthy families might be using PPLI to cut taxes, without a genuine insurance purpose.
August 15, 2022
IRS to Hike Interest Rates for Q4A 6% overpayment and underpayment rate will apply to most taxpayers starting Oct. 1.
August 15, 2022
State Regulators Approve Pet Health Insurance ModelBetter policies would help clients plan for furry dependents' medical expenses.
August 15, 2022
Consumer Reps Say Advisors Need Clients' LTC Insurance Rate-Hike InfoOlder clients are getting "notices of premium increases of 100% or more" but have no one to reach out to for information.
August 15, 2022
Ex-Pruco Securities Rep Suspended by CFP Board Over Child Porn ChargesThe news follows the arrest in Delaware and charging of the former broker with five counts of dealing in child pornography.
August 15, 2022
Regulators Work to Keep Hot Annuity Products FairDraft guidelines could affect what happens when RILA holders pull cash out early.