The Ohio Department of Insurance today released the names of the 20 companies that have raised their surplus levels through approved accounting breaks.
The challenge: Because of the increase in corporate layoffs, retirement plan rollovers are becoming more important.
A federal judge ruled Monday that investor accounts with Texas billionaire R. Allen Stanford's financial companies will remain frozen for another 10 days.
Conseco Inc. today announced a whopping $406.8 million loss, or $2.20 a share, for the fourth quarter of 2008, and warned it will be late in filing its annual report late.
The retail-investor market is growing strong in Hong Kong, according to a new report by Celent, a Boston-based research advisory firm.
Two ex-Smith Barney brokers have been cleared of allegations that they took private client information to their new firm.
The Dow Jones industrial average has fallen below 7,000 Monday for the first time in more than 11 years.
Ratings agencies today painted a bleak outlook for AIG, following news of the insurer’s massive fourth-quarter loss and an additional $30 billion lifeline from the U.S. government.
More than half of registered investment advisers responding to a recent survey believed that the market slide made it a good time to invest in stocks, and 93% said their clients were not cashing out their investments.
Panelists addressed myriad issues at the annual marketing conference held in New York by NAVA Inc., the Reston, Va.-based variable annuity trade association.
President Obama and Treasury Secretary Timothy Geithner are resisting calls for the nationalization of Citigroup Inc. and perhaps other large banks.
With the stock market down more than 16% in 2009, following a 38% drop last year, the idea of a non-correlated investment strategy has probably never sounded better.
Fears of increased paperwork and disclosures related to Finra's variable annuity suitability rule have been realized, with many firms reporting that they are still overburdened by hair-splitting requirements.
Standard and Poor’s yesterday announced ratings downgrades for 10 major life insurers, including Genworth Financial Inc., Lincoln National Corp. and MetLife Inc.
Oswald Grubel, the new chief executive of beleaguered UBS AG will likely will take a “fresh, hard look” at the Swiss banking giant’s retail-brokerage business.
