State regulators continue to investigate claims that life insurance carriers may be failing to pay out death benefits or submit the money to the state in a timely fashion. Not surprisingly, this has attracted the attention of tort lawyers.
Critics say it's smart for carriers to deny life insurance claims for allegedly spurious reasons. Why? Because they make money off the float.
Financial advisers are calling on insurers to enhance their suite of variable annuities, saying that clients are turned off by falling accrual rates on living benefits and insufficient investment choices
U.S. Senate Democrats are proposing to use a 3.25 percent surtax on income over $1 million to pay for extending and expanding a payroll tax cut, setting up a test vote as early as this week.
The percentage of Americans who changed residences reached its lowest point last year in more than six decades, according to the Census Bureau
The Occupy Wall Street protest movement, which has filled streets and parks in New York, Los Angeles, Hong Kong and other cities for weeks, may soon show up in the halls of power, too
A fervent outcry from a wide range of financial industry groups and bipartisan lawmakers helped persuade the Labor Department to withdraw a proposed rule that would expand the definition of fiduciary for advisers to retirement plans.
Love it or hate it, New York elicits strong opinions from just about everyone.
New York is where the 1% live, and they have the tax returns to prove it.
St. Louis might be brushed off as flyover country by some coast-to-coast travelers, but it has become the final destination for many financial advisers.
Despite is reputation for gray skies, Seattle has weathered the nation's economic storm better than most of the U.S. That fact, combined with the area's recreational opportunities and quality of life, makes some financial advisers who live and work there pretty satisfied.
The detailed tax plans from Republican presidential candidates would provide tax cuts for the highest earners, with those from Rick Perry and Jon Huntsman offering the biggest benefits
Supercommittee notion of doing away with exemption not so super; going down the Whitney path
The latest scandal at UBS may be causing headaches for the bank's advisers right now. But in the long run, a re-emphasis on serving rich clients -- rather than chasing investment banking business -- could be a good thing for the company and its wealth managers. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110802&Category=FREE&ArtNo=802009999&Ref=PH>Wirehouse rankings: Average assets per rep</a> | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110922&Category=FREE&ArtNo=922009999&Ref=PH>The richest states</a>
MetLife Inc., the biggest U.S. life insurer, was removed from Citigroup Inc.'s list of top stock picks as new Chief Executive Officer Steven Kandarian reshuffles management and plans his strategy.
New York City mayor tells Washington to let Bush tax cuts expire for good of the country
Transaction tax would take 0.03% bite out of stock, bond trades
MetLife Inc. kept the top spot in variable-annuity sales in the third quarter with $8.56 billion in sales.
The Hartford Financial Services Group Inc. has sold its private-placement life insurance operations
