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Industry Articles

Allstate Completes Divestiture Of Lincoln Benefit

{May 1st, 2015} by Arthur D. Postal, arthur.postal@innfeedback.com

WASHINGTON – Allstate has completed the divestiture of Lincoln Benefit Life, which included Allstate’s entire deferred fixed annuity and long-term care insurance businesses. Lincoln Benefit Life was the unit of Allstate’s life insurance business that generated sales through independent agencies. Allstate sold the business in July 2013 to Resolution Life Holdings for $600 million, and […]

Lincoln Financial Group Reports 1Q Results

{May 1st, 2015} by Business Wire

Operating EPS of $1.35, up 1% Book Value per Share, excluding AOCI, of $49.70 up 9% Share Repurchases of $350 million in the Quarter RADNOR, Pa.–(BUSINESS WIRE)– Lincoln Financial Group (NYSE: LNC) today reported net income for the first quarter of 2015 of $300 million, or $1.15 per diluted share available to common stockholders, compared […]

Why Commissions Are Also Bad For Brokers

{May 1st, 2015} by Bob Clark

Readers who have been following the fiduciary-standard-for-brokers debate since the Dodd-Frank Act became law in 2010 through to the current Department of Labor IRA proposal are going to find this very hard to believe, but I think there is one facet of brokerage commissions that has not been discussed yet (let alone beaten to death): […]

Genworth Financial Posts First Profitable Quarter Since Second Quarter of 2014

{April 30th, 2015} by Fran Matso Lysiak, senior associate editor, BestWeek: fran.lysiak@ambest.com

RICHMOND, Va. – Long-term care and mortgage insurer Genworth Financial Inc. posted a profit in the opening quarter of 2015. First-quarter net income available to Genworth’s stockholders declined 16% to $154 million Steven D. Schwartz, an equity analyst with Raymond James & Associates, told Best’s News Service the quarter represents the first profitable one for […]

U.S. Life Insurers Began 2015 With Strong Balance Sheets

{April 28th, 2015} by Arthur D. Postal, arthur.postal@innfeedback.com

WASHINGTON – U.S. life insurers reported that they began the year well-capitalized with strong balance sheets resulting from favorable equity and credit markets throughout 2014. That’s according to the latest Goldman Sachs Asset Management annual survey of the insurance industry. Insurers based in the Americas believe they are over-capitalized and have to increase credit and […]

Carriers Report Challenging Environment In 1Q

{April 28th, 2015} by Cyril Tuohy, cyril.tuohy@innfeedback.com

The volatile investment environment and lower interest rates made for a challenging business environment in the first quarter of 2015, according to top executives with four companies who reported earnings this week. Symetra Financial reported first quarter net income of $38.8 million, a 51 percent drop from $79.3 million in the year-ago period due to […]

Baltimore violence pushes financial professionals to remote locations

{April 28th, 2015} by Liz Skinner

The rioting and fires that broke out in the streets of West Baltimore Monday have mostly been extinguished, but many of the city’s advisers and financial professionals are working remotely. At Adams Funds, chief executive Mark Stoeckle put the firm’s continuity plan into motion after Maryland Governor Larry Hogan declared a state of emergency and […]

Fed Promises to Keep Light Hand on Insurance

{April 28th, 2015} by Arthur D. Postal, arthur.postal@innfeedback.com

WASHINGTON – The Federal Reserve sought to reassure skeptical members of the Senate Banking Committee and concerned state regulators today that it will not unilaterally impose international capital standards on domestic insurers. But the insurers might be subjecting themselves to international standards as they delve into other markets, said Mark Van Der Weide, deputy director […]

DOL not budging on fiduciary rule comment period

{April 28th, 2015} by Melanie Waddell

Labor Secretary Thomas Perez indicated Thursday that his department will not extend further the 75-day comment period for its redraft to amend the definition of fiduciary under the Employee Retirement Income Security Act. When asked after his remarks at The Atlantic’s Summit on the Economy held Thursday in Washington if DOL would honor the Tuesday […]

Mobile Devices Make Further Inroads Among Advisors

{April 28th, 2015} by Cyril Tuohy, cyril.tuohy@innfeedback.com

More financial advisors are using mobile devices than ever before to communicate with mutual funds, insurance carriers, broker/dealers and other financial service distributors. That’s according to a new report by Practical Perspectives, a consultancy based in Boxford, Mass. But the study also found that while most advisors rely on websites from financial service product providers […]

Life insurance: Your clients’ most important financial asset

{April 28th, 2015} by Van Mueller

Cash value life insurance is the most important financial asset available, and it will remain so for the foreseeable future. This is because it has the unique ability to combine safety, tax benefits, and leverage and longevity credits. Cash value life insurance is far more valuable than most people realize because it will help them […]

Helping An Annuity Beneficiary Understand Distribution Options

{April 28th, 2015} by Thomas H. Duncan, JD, CLU, ChFC Director, Nationwide Advanced Consulting Group

When the owner of a nonqualified deferred annuity dies and leaves the money to a nonspouse individual beneficiary, that beneficiary has several different distribution options: • Five-year Rule • Nonqualified Stretch • Annuitization Five-year Rule The five-year rule requires that the entire balance of the annuity be distributed within five years of the owner’s death. […]

A.M. Best Upgrades Ratings of Athene USA Group’s Members

{April 28th, 2015} by Business Wire

April 21, 2015 05:25 PM Eastern Daylight Time OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and the issuer credit ratings (ICR) to “a-” from “bbb+” of the members of Athene USA Group (AUSAG). The outlook for all ratings has been revised to stable from positive. (See […]

Inflationary Effects On Seniors

{April 28th, 2015} by Mark Miller

There’s been no sign that inflation is heating up along with the economy, and that may tempt financial planners to be complacent about the inflation risk facing their retired clients. But the inflation rate experienced by seniors is higher than that of the overall economy. From 1985 to 2014, the Consumer Price Index ran 5.1 […]

John Hancock Goes For The Consumer Wellness Data

{April 28th, 2015} by Cyril Tuohy, cyril.tuohy@innfeedback.com

John Hancock earlier this month released with great fanfare a “whole new approach to life insurance” that lowers premiums for customers who live healthier lives by agreeing to submit data to a wellness company. In a news release, John Hancock touted the development as “reinventing the consumer life insurance experience.” While that may or may […]

Judge Seems Skeptical Of Government’s AIG Bailout Terms

{April 28th, 2015} by Paul Davidson, USA TODAY

WASHINGTON — A federal judge on Wednesday appeared openly skeptical toward the government’s claim that it had the authority to take a majority stake in American International Group(AIG) in exchange for a bailout at the height of the 2008 financial crisis. Judge Thomas Wheeler repeatedly challenged a government lawyer’s argument that the Federal Reserve’s decision […]

IRI responds to Sen. Warren’s investigation into industry’s annuity sales practices

{April 28th, 2015} by Daniel Williams

Annuities are an important option for many consumers as part of their holistic retirement plans, according to IRI. The annuity industry’s day got off to a bang with Sen. Elizabeth Warren sending letters to 15 carriers, asking for information about rewards and incentives geared towards annuity advisors. In the letters, Sen. Warren wrote, “I am […]

US Senator Warren probes perks offered to annuities brokers

{April 28th, 2015} by Sarah N. Lynch and editing by Emily Stephenson

(Reuters) – A high-profile U.S. senator said on Tuesday she launched an investigation into 15 major annuity providers amid concerns about the perks they offer to brokers who peddle the products to retirees. Massachusetts Democrat Elizabeth Warren said she is concerned about potential conflicts of interest. She asked companies including American International Group, Prudential Annuities […]

Elizabeth Warren Targets Cruises, iPads in Probe of Finance Perks

{April 28th, 2015} by Silla Brush

U.S. Senator Elizabeth Warren has a new target: the biggest sellers of annuities and the diamond-encrusted rings, iPads, stock options and cruises she says they’re using to entice brokers to sell their investments. Warren, the Massachusetts Democrat and prominent critic of Wall Street, sent letters Tuesday to the U.S.’s 15 largest annuity providers, her office […]

Are Longevity Annuities Ready For Prime Time?

{April 28th, 2015} by Donald Jay Korn

After getting a boost from a federal rule change last year, deferred income annuities have been gaining sharply in both assets and interest. Advisors should now understand what these products can do for clients — and what challenges they carry. The products are best understood in contrast with traditional immediate annuities, in which consumers give […]

Labor Chief Rejects Call to Extend Fiduciary Comment Time

{April 27th, 2015} by Arthur D. Postal, arthur.postal@innfeedback.com

WASHINGTON – The Labor Department has refused a request by 16 trade associations to lengthen the 75-day comment period for the agency’s proposal to revise its fiduciary standard. Labor Secretary Thomas E. Perez reiterated DOL’s previously stated comment guidelines last week, saying it was more than adequate. The comment period is 75 days, followed by […]

Judson Announced as Massachusetts’ New Insurance Commissioner

{April 27th, 2015} by N/A

Massachusetts’ Executive Office of Housing and Economic Development (EOHED) announced Monday that Daniel R. Judson has been appointed by Gov. Charlie Baker as the state’s new insurance commissioner. The appointment is effective immediately, according to EOHED. Judson succeeds Joseph Murphy who stepped down from the post in December to join Coverys, a Boston-based provider of […]

Annuities/LTC Combos More Than Double Sales

{April 27th, 2015} by Linda Koco, linda.koco@innfeedback.com

Annuities with long-term care (LTC) insurance benefit features sold nearly $320 million in total first year premium in 2013, according to new research conducted by Milliman and published by the Society of Actuaries (SOA). That is based on six such plans offered by five carriers. The $320 million total might seem like a drop in […]

Insurance company moving 1,500 employees

{April 27th, 2015} by Anthony Salamone, The Morning Call (Allentown, Pa.)

April 27–An insurance company ranked among the Top 20 employers in the Lehigh Valley will consolidate three offices to move into a three-story corporate regional office in Northampton County. Guardian Life Insurance Co. of America said Monday construction has begun on a new building on more than 30 acres off Route 512 in Hanover Township. […]

Do you know these 13 life insurance terms?

{April 27th, 2015} by Nichole Morford, Stephan R. Leimberg, Keith Buck, Bob Doyle

lf you’ve been selling life insurance for any time at all, you know that it’s an industry filled with jargon and acronyms. To be part of the insider’s club, you have to speak the language. Harder still, you have to be able to translate that language for clients who barely know what an annuity is, […]

AIG could fall 3.5% if Greenberg wins, Credit Suisse says

{April 27th, 2015} by Sonali Basak

(Bloomberg) — American International Group Inc. (AIG) could fall as much as 3.5 percent if former Chairman Maurice “Hank” Greenberg wins a lawsuit against the U.S. tied to the insurer’s 2008 bailout, Credit Suisse Group AG said. The estimate is based on Greenberg’s Starr International Co. having a 30 percent chance of winning a case […]

Symetra Reports First Quarter 2015 Results

{April 27th, 2015} by Business Wire

BELLEVUE, Wash.–(BUSINESS WIRE)– Symetra Financial Corporation (NYSE: SYA) today reported first quarter 2015 adjusted operating income1 of $42.7 million, or $0.37 per diluted share,1 compared with $65.7 million, or $0.56 per diluted share, for the first quarter of 2014. For the first quarter of 2015, net income was $38.8 million, or $0.33 per diluted share, […]

Symetra Financial CEO: Interest Rates ‘Moved Against Us’ in First Quarter

{April 27th, 2015} by Fran Matso Lysiak, senior associate editor, BestWeek: fran.lysiak@ambest.com

BELLEVUE, Wash. – Symetra Financial Corp.’s first-quarter profit fell 51% as the company’s chief executive officer said “interest rates moved against us in the first quarter and remained stubbornly low.” Net income declined to $38.8 million. Symetra experienced net realized losses of $6.2 million, compared with net gains of $20.7 million the same period a […]

Largest independent broker-dealers enjoy double-digit revenue growth

{April 26th, 2015} by Bruce Kelly

Despite lackluster sales in 2014 of commission-rich products such as variable annuities and nontraded REITs, the leading independent broker-dealers managed to squeeze out double-digit revenue growth in line with the broad market. The 25 largest independent broker-dealers recorded a 10.3% year-over-year increase in revenue, reporting $20.4 billion last year versus $18.5 billion in 2013, according […]

Independent broker-dealer recruiting hits a wall

{April 26th, 2015} by Mason Braswell

After a fruitful 2014, recruiting at independent broker-dealers has hit a wall, according to industry recruiters and executives at those firms. Increasing competition from fee-only custodians, a bull market in stocks and better succession plans are all frustrating firms eager to add to their ranks, recruiters say. Independent broker-dealers recruited only $426 million from three […]

You thought the taper tantrum was bad? Wait till Fed lifts rates

{April 23rd, 2015} by Simon Kennedy

(Bloomberg) — No amount of reassuring rhetoric by Janet Yellen and her colleagues at the Federal Reserve can prevent markets’ overreaction when benchmark interest rates start heading higher. That’s the conclusion of Deutsche Bank AG economists Joseph LaVorgna and Brett Ryan after studying turns in Fed policy in the past two decades. Take 1994, the […]

Genworth Financial Releases Statement in Response to Final PMIERs

{April 23rd, 2015} by Proquest LLC

Genworth Financial responded to the final Private Mortgage Insurer Eligibility Requirements (PMIERs), which were published by the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, in conjunction with the Federal Housing Finance Agency. PMIERs will be used by the GSEs to approve private mortgage insurers that provide mortgage insurance on loans acquired by them. […]

Goldman to buy Pac Life unit, adding $18 billion in assets

{April 23rd, 2015} by Michael J. Moore

(Bloomberg) — Goldman Sachs Group Inc. agreed to buy a unit of Pacific Life Insurance Co. that helps manage funds for pension clients as the bank bolsters its asset-management operation. The Pacific Global Advisors unit had $18 billion in assets under supervision as of March 31, according to a statement Thursday from New York-based Goldman Sachs that didn’t disclose […]

Advisors can talk, but will boomers listen?

{April 23rd, 2015} by Daniel Williams

Do advisors talk to clients about the retirement crisis? Maybe I should back up and ask: Is there a retirement crisis? Earlier this year, the National Institute on Retirement Security (NIRI) released a report on that topic. Click HERE to read…

Survey: Americans are overconfident about financial future

{April 23rd, 2015} by Doug Gross

Americans say they feel good about their finances, but many aren’t actually doing what they should to make sure their financial future is bright. Those are findings based on the National Foundation for Credit Counseling’s (NFCC) 2015 Financial Literacy Survey. The survey, conducted by the Harris Poll, was released this week by NerdWallet and the […]

What does that Harbinger LTCI deal mean?

{April 23rd, 2015} by Allison Bell

HC2 Holdings Inc. has revived strategic hopes in the stand-alone long-term care insurance (LTCI) market by announcing plans to buy a big run-off LTCI business from American Financial Group Inc. (NYSE:AFG). HC2, a unit of Harbinger Financial (NYSE:HRG), agreed to buy United Teacher Associates Insurance Company and Continental General Insurance Company from American Financial for […]

Insurers Take On More Risk In Search Of Returns, Study Says

{April 23rd, 2015} by ALEXANDRA STEVENSON

Insurance companies just get can’t enough for their money these days. Interest rates are at all-time lows and even the United States stock markets haven’t mustered much steam. Flush with trillions of dollars, these once staid institutions are taking on bigger, flashier and riskier investments. Consider the latest billion-dollar deal: Among the players behind the […]

Horace Mann Educators First-Quarter Profit Up 20.8% on Property/Casualty Business

{April 23rd, 2015} by Fran Matso Lysiak, senior associate editor, BestWeek: fran.lysiak@ambest.com

SPRINGFIELD, Ill. – Horace Mann Educators Corp.’s first-quarter 2015 profit increased 20.8%, led by its property/casualty insurance business. Net income rose to $34.3 million. “Led by improvement in property and casualty segment earnings, Horace Mann produced a strong start to 2015,” said Marita Zuraitis, president and chief executive officer, in a statement. The property/casualty combined […]

Fitch Affirms Thrivent Financial for Lutherans’ IFS Rating at ‘AA'; Outlook Positive

{April 23rd, 2015} by Business Wire

CHICAGO, Apr 21, 2015 (BUSINESS WIRE) — Fitch Ratings has affirmed the ‘AA’ Insurer Financial Strength (IFS) ratings of Thrivent Financial for Lutherans (Thrivent Financial) and its subsidiary, Thrivent Life Insurance Company (Thrivent Life), collectively referred to as Thrivent. The Rating Outlook is Positive. A complete list of rating actions follows at the end of […]

Many older Americans die with little

{April 23rd, 2015} by Marlene Y. Satter

A large percentage of people dying lately have had few to no assets to their names when they passed. So says research from the Employee Benefit Research Institute, which also found that the younger people were when they died, the more likely they were to die broke. “Households which lost family members at relatively younger […]

Selling FIAs For ‘The Safe Side’ Of The Retirement Portfolio

{April 23rd, 2015} by Linda Koco, linda.koco@innfeedback.com

The time has long gone when financial advisors would leave the room if fixed annuities were part of the presentation, according to an executive at Raymond James Insurance Group. Today, advisors not only stay and listen but they are also selling index annuities, said Johnna Chewning during a panel discussion at the annual Retirement Industry […]

Regulators question suitability of some advice

{April 22nd, 2015} by Nick Thornton

A joint initiative between the Securities and Exchange Commission and the Financial Industry Regulatory Authority found that 34 percent of broker-dealer firms made one or more potentially unsuitable recommendations of variable annuities to senior investors. Data from the coordinated examinations of 44 broker-dealers in 2013 was published as the Department of Labor released its proposed […]

Ameriprise 1Q profit falls on insurance unit expenses

{April 22nd, 2015} by Staff

Ameriprise Financial Inc.’s first-quarter profit fell 2 percent because of rising expenses in the company’s insurance division. The Minneapolis-based firm posted a $393 million profit on $3.05 billion in revenue. Earnings per share, adjusted for nonrecurring costs, were $2.18 per share. The results missed Wall Street expectations. That’s partly because of a $32 million increase […]

SEC says phony adviser is ripping off members of the military

{April 22nd, 2015} by Bruce Kelly

Phony financial advisers are always extremely dangerous. For investors, they pose tremendous risk, due to their creation of potentially fraudulent schemes that will destroy clients’ savings and wealth. For financial advisers, a fraudster in their town can damage the reputations and standings of industry professionals — and also potentially harm neighbors and clients. In the […]

As indexed universal life sales climb, be sure to mind the risks

{April 21st, 2015} by Darla Mercado

Indexed universal life insurance has been pretty hot as of late, but how much do you know about how it works and when to use it? Annual indexed universal life insurance premiums hit $1.56 billion at the end of 2014, reflecting a 14% increase from $1.356 billion in 2013 according to Wink’s Sales and Market […]

How annuity ‘doublers’ can help with long-term care

{April 21st, 2015} by RetireMentors

Worried about the cost of winding up in a nursing home or requiring professional at-home care during your golden years? Long-term-care insurance has become increasingly more expensive, driving many seniors out of the market. The good news is that annuities with “nursing home doublers” are now available that can help close the insurance gap. Depending […]

Will Income Be The Main Reason For Buying Annuities?

{April 21st, 2015} by N/A

Question: Is the day coming when annuities will be sold primarily for their income features, and only secondarily for build-up, tax-deferral, spend-thrift issues and other purposes? Why? “On an absolute basis, the answer is no. Only a small percentage of annuity owners elect to annuitize their policies, for instance. I wish that most people would […]

Life insurance adds diversity and underappreciated benefits to retirement planning

{April 21st, 2015} by AIG

Planning for retirement can be a struggle at any income level. For many, the challenge is simply to ensure that the money won’t run out, so that they can enjoy their “golden years” without worrying constantly whether they have enough funds to cover expected living and medical expenses, and still be able to leave something […]

Connecticut Senate Confirms Wade as New Insurance Commissioner

{April 21st, 2015} by Thomas Harman, associate editor, BestWeek: Tom.Harman@ambest.com

HARTFORD, Conn. – Katharine Wade, a former Cigna Corp. executive, has been unanimously confirmed as Connecticut’s new insurance commissioner by the state Senate. Wade has been working at the post since March 24, but needed confirmation by either the Senate or the House. Wade had worked with Cigna in 1992, ultimately becoming the corporation’s vice […]

FINRA Eyes Simpler Rules

{April 21st, 2015} by Arthur D. Postal, arthur.postal@innfeedback.com

WASHINGTON – The Financial Industry Regulatory Authority (FINRA) wants to simplify its communication with the public by eliminating certain filing requirements that its board decided “present a low risk for investors.” These include the filing requirements for generic investment company material and investment company shareholder reports. The FINRA board also decided to make other changes […]

Prudential exec issues 6-point call for industry transformation

{April 21st, 2015} by Warren S. Hersch, whersch@SummitProNets.com

Buffeted by economic, social and demographic changes of recent decades, life insurers and their agents and brokers are being challenged as never before. If the industry is to surmount competitive threats, then it will have to thoroughly revamp long-standing business practices. Do you imagine the source of this call for change to be an independent […]

Why Dave Ramsey is wrong about permanent life insurance

{April 21st, 2015} by Michael Markey

It’s absolutely, unequivocally, undeniably, inexplicably clear Dave Ramsey does NOT believe in permanent insurance. He believes there’s no need for life insurance when you have no mortgage, no debts, and have saved hundreds of thousands of dollars earning 12 percent “average” annual returns. Dave tells his followers to be intentional with their money. Click HERE […]

Governor signs bill cutting taxes for insurance companies

{April 21st, 2015} by Ryan Van Velzer

PHOENIX (AP) — Arizona is set to reduce taxes for insurance companies under a new bill Gov. Doug Ducey signed into law Monday. The tax cut is expected to mean the loss of more than $44 million to state’s general fund over the next 10 years. The proposal comes at a time when Arizona Republicans […]

New York Life weighs move to Goldman Sachs Jersey City tower

{April 21st, 2015} by David M. Levitt, Doni Bloomfield

(Bloomberg) — New York Life Insurance Co. is in talks to lease three floors at Goldman Sachs Group Inc.’s office tower on the New Jersey waterfront, a deal that would bring the once-underused building to full occupancy. New York Life would move at least 325 employees into the Jersey City tower starting in early 2016, […]

Counting The Cost Of America’s Insurance Fraud Epidemic

{April 21st, 2015} by Christopher Tidball

For those who work in the insurance industry, there are so many tales relating to insurance fraud. From slip and falls to arson and murder for life insurance policies, there is no end to the creativity of fraudsters who cost American consumers upwards of $80 billion dollars per year. After narcotics trafficking, insurance fraud is […]

7 life and health insurance marketing agency logos we love

{April 21st, 2015} by Lynette Gil

Oh yes, we went there. We decided to round up some of the best logos for life and health insurance marketing agencies. Though we have no formal design training, we dared to pick a few of our favorites. Click HERE to read article

Top 10 dumbest states for financial literacy: 2015

{April 21st, 2015} by Dan Berman

Last week, we looked at WalletHub.com’s ranking of the 10 smartest states for financial literacy. Now we look at the states with the lowest financial IQ, whose citizens are more likely to have credit card debt, less likely to have formulated a household budget and more prone to spending more than they earn. WalletHub noted that […]

Investing: Why converting 401(k)s to annuities requires new mind-set

{April 21st, 2015} by Janet Kidd Stewart

Are we hard-wired to shun certain retirement investments? Some new research suggests so, and that has implications as the government gives the green light to annuities in 401(k)s and IRAs. In a research brief for the Center for Retirement Research at Boston College, Prof. Jeffrey Brown of the University of Illinois notes that more than […]

How to help the Sandwich Generation find a financial balance [infographic]

{April 21st, 2015} by Lynette Gil

How many people have parents or grandparents that are over 90 years old? Add to that their own children, who might be going to college or just graduating, and welcome to the 21 century family and the sandwich generation. Stuck between a rock and a hard place, this generation is trying to figure out what […]

NJ awards New York Life $34 million in tax credits to move offices, workers

{April 21st, 2015} by IFAwebnews Staff

New Jersey’s Economic Development Authority has awarded New York Life Insurance a 10-year, $33.9 million tax credit to move some of its operations from Parsippany to Jersey City. The move would mean New York Life would move 325 jobs from Parsippany, and add an additional 300 new workers in Jersey City. The credit would be […]

Generations of clueless consumers

{April 21st, 2015} by Daniel Williams

No matter what generation consumers fall into, they struggle to know how much they need to save for retirement, according to a LIMRA study released today at The Retirement Conference, being held in Arlington, VA.  Millennials are the most clueless demographic with only 30 percent of them knowing how much they should be saving. Boomers and […]

Actress Kimberly Williams-Paisley Takes On New Role To Help Families Make Smart Insurance Decisions

{April 21st, 2015} by PR Newswire Association LLC

KANSAS CITY, Mo., April 21, 2015 /PRNewswire/ — The National Association of Insurance Commissioners (NAIC) today announced a new partnership with actress Kimberly Williams-Paisley as part of its Insure U consumer education campaign. The partnership highlights Williams-Paisley’s experiences coping with her mother’s battle with primary progressive aphasia, a form a dementia with no treatment or cure. […]

10 takeaways from the 2015 Retirement Conference

{April 21st, 2015} by Daniel Williams

LIMRA’s 2015 Retirement Conference, April 15-17 in Arlington, Virginia, was a great opportunity to pick up new ideas and learn key information about retirement and the most pressing retirement issues. Click HERE for ten key takeaways from the conference.

Top SEC Regulator To Join Jackson

{April 20th, 2015} by Cyril Tuohy, cyril.tuohy@innfeedback.com

Andrew J. Bowden, director of the Securities and Exchange Commission’s Office of Compliance and Inspections and Examinations, is expected to join Jackson National Life as senior vice president and general counsel at the end of the month. Bowden, the top regulator in charge of advisor examination, joined the SEC in 2011 and was named director […]

Allianz Life Studies Elder Abuse Prevention

{April 20th, 2015} by Business Wire

Despite Significant Financial Impact, Many Elders Face the Problem Alone MINNEAPOLIS–(BUSINESS WIRE)– With an average loss to victims of about $30,000,i elder financial abuse* is a significant threat facing today’s seniors. Yet, according to the Safeguarding Our Seniors** study from Allianz Life Insurance Company of North America (Allianz Life ®), only 8% of elders (ages […]

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