Worries about bank failures and the stability of other financial institutions are all over the news lately.
Insured losses from Hurricane Gustav were not large enough to affect the creditworthiness of the insurance and reinsurance industries, S&P said.
The TCJA eliminated the tax deductibility of most portfolio fees. So, when are investment management fees tax deductible? Read on and find out
Selling covered calls is a common strategy employed by many investors to en-hance the return of their equity position.
Despite reports this year that more people were borrowing from their 401(k) plans to cover daily expenses, the latest data from several plan providers show that the number of loans have fallen in some cases.
The office of New York insurance superintendent James Wrynn has ordered embattled bond insurer Financial Guaranty Insurance Co. to halt claims payments.
The National Association of Independent Life Brokerage Agencies has announced its opposition to the SEC's regulation of fixed indexed annuities as securities.
A $241 million award given to the state regarding its takeover of the now-defunct Executive Life Insurance has been overturned.
A married couple has cut back on their charitable donations and are instead volunteering their time and services.
Worries about bank failures and the stability of other financial institutions are all over the news lately.
Sales hit an estimated $24.6 billion during the second quarter, up 54.1% from the second quarter of 2007.
The group will oppose the SEC's proposal to regulate certain indexed annuities as securities.
Sun Life Financial has introduced a 6% bonus credit for customers of its Masters Extra variable annuity.
Catherine J. Weatherford replaces Mark Mackey, who in January announced that he would step down from the post.
Aon Corp., the world’s largest insurance broker, will acquire Benfield Group for $1.75 billion.
Penn Treaty American’s reinsurer has withdrawn its agreement to back long term care policies written by two subsidiaries.
Two proposed rules are designed to enhance access to financial advisers by DC participants and IRA holders.
The New York-based firm has chosen Vanessa A. Wittman as its new finance chief and executive vice president.
Limra International Inc. today added Lawrence J. Niland to its compliance and regulatory services division.
Under IRC Section 108, certain exceptions allow a taxpayer to exclude COD income from gross income.
