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Record Sales of Fixed Annuities

New York Life Insurance Company had a great first half of 2010 thanks to their sales of long term care insurance, fixed annuities, and mutual funds.  According to Insurance News Net’s “New York Life Sees 47% Rise in Life Insurance Sales in First Half of …

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New Products: Fee-Based Variable Annuity & Immediate Annuity

Fee-based annuities are the newest in demand product, according to “Big insurers launching fee-based annuities” by Investment News’ Darla Mercado.  These simpler and lower-cost annuities are geared towards dually registered advisers.  One of the first products is Allianz Life Insurance Company of North America’s fee-based …

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Women Buy Fixed Annuities From New York Life

New York Life Insurance Company issued a press release about their number one status with women purchasing annuities.  In “New York Life is Top Provider of Retirement Income for Women,” they reveal that they were the top seller of immediate fixed annuities to women last …

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Fixed Annuities Booming Thanks to Your Bailout

In “AIG Learns It’s All in the Name” from FinancialPlanning.com, we learn that taxpayers’ bailout dollars have helped AIG bounce back faster than many expected.  American International Group is one of the few insurance companies that has successfully come back from the financial mess it …

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