A handful of publicly held life insurers dominate the market for traditional long-term-care insurance, but mutual life insurers are beginning to make inroads with agents and financial advisers.
Advisers can fill void left by doctors, lawyers; living wills, DNRs crucial
Insurer sees big room for growth in fund world; relocating, bulking up sales force
Despite being eligible for a $1.76 million incentive for 2011, Hartford's CEO Liam McGee declined it.
Insurer said it will sell Federal Trust after owning it for less than two years; carrier paid $10M for bank, received $3.4B in government bail-out funds
Carrier aims to pull away from 'capital-intensive' products — including annuities
Turnkey asset manager in talks with Transamerica Life Insurance Co. and The Phoenix Cos. to develop income-producing product
Judge finds for claimant in $5 million stoli benefits payment from Lincoln National Life
Prudential Financial Will pay $17 million to settle with seven states; regulators claim insurer used more comprehensive database for cutting off annuity payments than one used to locate those owed money.
Illinois lawsuit alleges MetLife and Prudential owe some $524M in unclaimed death benefits
Life insurers have paid $52.6 million in death benefits since New York's banking and insurance regulator forced the companies to use government data to identify cases where they didn't pay claims.
New York state orders insurers to track down unpaid claims; $52M forked over in total
Lincoln National Corp. may raise fees and change its benefits on its popular MoneyGuard Reserve product, a combination of universal life insurance and long-term-care benefits.
Executives at life insurance companies can breathe a sigh of relief now that the proposed federal long-term-care insurance program — the CLASS Act — has been killed