Once-demonized carrier slowly restoring its brand; 'even Charlie Sheen got another shot'
Jackson National takes top spot; Pru at No. 2
A 76-year-old insurance agent is facing nearly a century of prison time after pleading guilty to securities fraud stemming from the sale of unregistered securities and fake investments.
The catastrophe bond market appears set to rebound during the second half this year despite a slower pace during the first half
Although analysts are trimming third-quarter-earnings estimates for many life insurers, most remain upbeat about the long-term prospects for the sector
Smaller variable annuity writers are expected to give the big boys a run for their money in the battle for market share
MetLife Inc., the top seller of variable annuities, is seeking permission from regulators to sell two new income benefits featuring lower withdrawal percentages for its variable annuity riders.
Insurance and investment veteran Michael Kiley, who will take the helm of Security Benefit Corp. on Sept. 30, is setting his expectations high.
With key 10-year Treasury yields touching an all-time low, insurers may have to rein in annuity benefits even further. That's bad news for the carriers -- not to mention brokers and clients.
Up Total Return Funds holdings in U.S. debt to 10%; backs off cash, money-market funds
Competing priorities and procrastination put life insurance on the back burner; substantial selling opp for advisers
Variable annuities with lifetime income guarantees are hot as a pistol, as investors look to steer clear of an unpredictable -- and tempestuous -- stock market
Money-market mutual funds took in $24.9 billion yesterday, bouncing back from their second-worst week of withdrawals, as investors unsettled by the debate over raising the U.S. debt ceiling returned to the market.
Four major life insurers with pristine Aaa ratings are likely to hold on to their status, provided that the United States' government bond rating doesn't fall by more than one rung
$250K limit can easily be bumped up to $2M; CDARS, brokered CDs gaining in popularity
Ameriprise, MetLife and Prudential among those favored in a plummeting market
Credit ratings agency follows its downgrade of US long-term sovereign credit rating with a host of additional downgrades.
Warren Buffett roundly disagrees with S&P's lowering of Uncle Sam's credit rating, stating that the United States deserves 'quadruple A' status.