Depending on the outcome of health care reform, investment opportunities could be found in a variety of related sectors, including pharmaceuticals, biotechnology and even certain insurers.
Following the company's release of strong second-quarter earnings, John J. Degnan, chief operating officer of The Chubb Corp., yesterday took a dig at competitors for accepting federal aid.
The Hartford (Conn.) Financial Services Group Inc. said that it has slashed 270 jobs in its investment products division, eliminating positions in its Planco LLC unit.
Bank holding companies reaped a record $734.5 million in annuity fee income during the first quarter, according to data from Michael White Associates.
Slumping home prices and financial incentives may make homeownership all the more tantalizing for young newlyweds, but advisers warn that renting may be the smarter choice.
Small-business owners are aware that their employees worry about long term care insurance, but the perceived cost of providing workers with that coverage turns employers off, according to data from John Hancock Financial Services Inc.
Rather than chiefly representing the variable annuities industry, the Washington-based institute will reach out to advisers and their clients through the group's distributor members, acting as a source of information via webcasts, consumer brochures and research.
The Texas Department of Insurance is mulling a regulation that would mandate disclosure for annuity buyers, but advisers are questioning how effective it would prove to be.
Advisers along the Gulf and Atlantic coasts are sending a storm warning to their clients: Beware of impending sharp increases in the cost of property insurance or equally steep reductions in coverage.
Two House committees today approved the Affordable Health Choices Act, a health care reform bill that would expand health insurance to 97% of Americans.
