The state of Louisiana will collect about $1 million in a settlement with John Hancock Life Insurance Co. as part of a massive investigation into the insurer's payment of death benefits
The ten largest life insurers doing business in California are under the microscope over the way they handle dormant life insurance policies.
Florida's insurance cop is looking into whether insurers' alleged failure to deliver deceased clients' death benefits promptly may have boosted the companies' financials
Florida's insurance regulator is looking into whether insurers' alleged failure to deliver deceased clients' death benefits promptly may have had an impact on the companies' financial statements and reserves.
Lincoln Trust and Great-West claim the Labor Department's disclosure rules don't go far enough when it comes to fixed general account fees for insurers.
Stricter regs could hurt carrier's core businesses; MetLife Bank accounts for mere 2% of earnings
Insurer MetLife moving into the business in a big way, while banks back out. Says one industry consultant: 'They must know something I don't know.'
Florida insurance commissioner worried carriers spending more energy on collecting premiums than paying out on policies
Insurance regulators questioned MetLife Inc. executives today at a hearing in Florida as they sought to understand the insurer's death benefit settlement practices.
New software tool will help advisers scan for the best variable annuity option for a client.
The ratings of four major life insurers with pristine Aaa ratings are likely to hold steady, provided the U.S.'s government bond rating doesn't fall by more than one rung.
Pearl Neier, 85, decided against long-term-care insurance after hearing about the policies from AARP, the group that lobbies for older Americans
MetLife Inc., the largest U.S. life insurer, selected Steven J. Goulart as chief investment officer to oversee a portfolio valued at more than $450 billion.
The Illinois Securities Department has revoked the registration of two investment adviser representatives for inappropriately liquidating clients' annuities to fund the purchase of fixed-indexed annuities
Assets in variable annuities reached an all-time high in the first quarter of the year. Cash inflows helped, but the high-flying stock market was the real reason the coffers bulged.
A new study by the Government Accountability Office predicts that middle-class workers may well outlive retirement savings. The solution, the GAO says, is for workers to hold off on taking Social Security -- and buy annuities.
The Treasury Department will soon offer guidance on lifetime income options in 401(k) plans with the aim of curbing the number of individuals who are likely to outlive their retirement savings.
Pimco, Brandywine and GAM will co-manage firm's new flexible bond fund
