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LIMRA: Annuity Sales Fall 8% in 1Q, Despite IAs' Rise



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Total fixed annuities dropped 10 percent in the first quarter to $18 billion. LIMRA expects fixed annuities' struggles to persist as long as the interest rates remain low...
Many uninsured individuals don't have insurance coverage because no one has invited them to purchase their products...
"I am honored that our video received this distinction award, but even more important is the attention this brings to the elephant in the room."...
JPMorgan's misstep gives advocates of stronger regulation an opening to argue that regulators should toughen their approach...

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"The sad truth today is that less than half of all medical care in the United States is supported by good evidence that it works, according to estimates cited by the Congressional Budget Office."...
"A little bit over a half a percent of the U.S. GDP is basically at stake with this court ruling,"...
Pennsylvanians have become resigned to seeing their insurance bills go up. They shouldn't be...
The complaint, filed under the RICO Act, alleges that New York defendants engaged in schemes in which fraudulent and misleading bills were submitted...
These young Latinas, representing a rapidly growing demographic,are key healthcare gatekeepers...
"Edward Jones has a long history of hiring veterans because they make excellent financial advisors," said Jim Weddle, managing partner of Edward Jones...
MetLife has agreed to strict business reforms to ensure it quickly pays out life insurance benefits, upwards of $500 million will be paid in the settlement...
Police arrested a 53- year-old life insurance agent at a Kakaako office building for the alleged theft more than $20,000 from another man in Honolulu...
A bill would permit Federal employees' domestic partners to receive the same benefits as employees' spouses receive including health, group life, and long-term care...
HHS Secretary Kathleen Sebelius announced today that Illinois, Nevada, Oregon, S.Dakota, Tennessee and Washington will receive more than $181 million in grants...
In Washington, advocacy groups and representatives from insurance, real estate and environmental industries have been outspoken on the flood insurance proposal...
Allianz SE said a strong earnings recovery in the first quarter added to management's sense of optimism that its life and nonlife insurance businesses will do well...
New York regulators say premiums for so-called "force-placed" insurance have more than tripled since 2004, producing enormous profits for insurers and the banks...
Insurance Council of Texas spokesman says tornado and hail damage so far this year is estimated to cost the insurance industry about $1 billion...
When landowners defy established conservation restrictions — and informal resolution efforts fail — the country's 1,700 or so land trusts find that they have little option but to take them to court...
Hartford Insurance announced in April that it would start offering a 5% discount to EV owners throughout the U.S. by the end of the year...
Insurance regulators plan to start kicking crooked doctors out of New York's no-fault program next month, calling them linchpins in fake-accident scams that cost insurers millions...
The May 2011 tornado resulted in the greatest single loss of life since such record keeping began in the United States...
Property owners who don't have flood insurance have time to get the best premiums to protect their property from flooding should they be affected by the new maps...
A study finds that in 3 of 4 states that enacted texting bans, accidents actually increased...
"Our customers are encountering scammers insisting they were 'sent by the insurance company,'" says Iowa Claims Director at Farm Bureau Financial Services. ...

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