Hartford Business Journal’s Greg Bordonaro has mentioned the recent trend in major life insurance companies acquiring small savings and loan institutions. Lincoln National, Hartford Financial, and Genworth Financial are among those that have recently bought up S&Ls. The acquisitions make life insurers eligible for funding …
No matter what you celebrate, we at the Annuity FYI Visitor blog wish you a peaceful holiday. (Photo credit: kimberlyfaye under CC 2.0)
Greg Bordonaro recently mentioned in the Hartford Business Journal that the American Council of Life Insurers, a trade group for the life insurance industry, has asked the National Association of Insurance Commissioners to loosen several regulations in order to help the industry recover after suffering …
According to The Retirement Reporter, Securian Financial Group has begun to offer its inagural single premium immediate annuity (SPIA). The product is called IncomeToday! After paying an initial $25,000 premium, IncomeToday! provides continuous fixed payments, either for life or a defined period of time. This SPIA …
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