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Phoenix Collaborates for Equity Indexed Annuities

According to Insurance News Net’s article “Phoenix Cos. Forms Alliance for Indexed Annuities, Continues to Seek New Distribution Channels,” the Connecticut based company is looking to sell their products through many new channels.  They are now collaborating with AltiSure Group, an annuity company that also …

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Popularity of Equity Indexed Annuities

Events in the market have lined up just right for equity indexed annuities to become increasingly popular.  According to Investing Daily’s “Surging Interest in Stock-Based Annuities” by Bob Carlson, it is a combination of volatile markets, low returns, and low interest rates that has renewed …

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SEC Sued By NAIC, NCOIL Over Equity Indexed Annuities Rule 151A

In the National Underwriter, Arthur D. Postal writes that the National Association of Insurance Commissioners (NAIC) and the National Conference of Insurance Legislators (NCOIL) have jumped into the fray regarding Rule 151A. The rule was enacted by the Security and Exchange Commission (SEC) last December; …

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