Darla Mercado

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RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 18, 2009
Penn Treaty LTC policyholder in limbo amid liquidation

When fee-only financial adviser Martha Schilling discovered that an elderly client needed to augment an old long-term-care insurance policy, she was shocked to find that the client's carrier is teetering on the brink of insolvency.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 13, 2009
Jury finds Allianz used deceptive materials to market its two-tiered EIAs

A federal jury in Minnesota has ruled that Allianz Life Insurance Company of North America used deceptive materials to market its two-tiered equity-indexed annuities, but declined to assess damages against the company, saying the plaintiffs suffered no harm.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 13, 2009
Insurance industry's mortgage-backed securities proposal blasted

Consumer advocates today railed against a proposal that would change the way insurance regulators assess the amount of capital carriers hold against residential-mortgage-backed securities.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 12, 2009
Invest taps Steve Dowden as president and chief executive

Invest Financial Corp. said today that it has hired Steve H. Dowden as president and chief executive, succeeding Lynn Niedermeier.

NEWS INDUSTRY NEWS OCT 11, 2009
Fate of ING's broker-dealer network uncertain

ING Groep NV's decision to sell its Swiss private-banking unit to Julius Baer Group is renewing speculation that the insurer may soon sell off most of its broker-dealer network in the United States.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 11, 2009
Allstate hires head of life-and-annuity unit

NEWS INDUSTRY NEWS OCT 07, 2009
ING sells Swiss private-banking unit--are U.S.-based broker-dealers next?

ING's <a href= http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091007/FREE/910079995> decision to sell off its Swiss private-banking unit</a> to Julius Baer Group today is renewing speculation that the insurer may soon sell off most of its broker-dealer network here in the United States.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 06, 2009
Industry officials sound off on federal insurance office proposal

Regulators and representatives of the insurance industry appeared before Congress today to discuss a new draft of the Federal Insurance Office Act of 2009.

NEWS RIAS OCT 04, 2009
Hartford CEO: Wealth management, retirement are key

Growth in The Hartford Financial Services Group Inc.'s wealth management and retirement businesses will be a renewed area of focus as the insurance giant welcomes its new chief executive, Liam E. McGee, who officially joined the firm last week from Bank of America Corp.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 04, 2009
Advisers wary of insurance industry's mortgage-backed-securities proposal

Financial advisers and consumer advocates are skeptical of a proposal from the life insurance industry that could reduce the amount of capital that carriers need to hold against residential-mortgage-backed securities.