Annuities Industry News


Keeping You Up To Date With The Annuity Industry News.


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Insurance News Net

  • A.M. Best: Insurers Face Steep Costs In New York November 14, 2018
    New York finalized its best-interest standard in July for both annuity and life insurance sales. A new report finds that insurers are facing higher compliance costs that come with retraining sales staff and other associates involved in annuity and life insurance transactions. The post A.M. Best: Insurers Face Steep Costs In New York appeared first on Insuran […]
    John Hilton
  • Ohio National Sued For Second Time In A Week November 11, 2018
    Veritas Independent Partners, an independent broker-dealer based in Conway, Ark., filed a lawsuit in the Southern District of Ohio court asking the court to require Ohio National to continue paying trail commissions per their contracts. The post Ohio National Sued For Second Time In A Week appeared first on InsuranceNewsNet.
    John Hilton
  • RetireOne And Great American Life Team Up On Annuity Offering November 8, 2018
    SAN FRANCISCO, Nov. 8, 2018 /PRNewswire/ -- RetireOne® has teamed up with Great American Life Insurance Company® to offer the Index... The post RetireOne And Great American Life Team Up On Annuity Offering appeared first on InsuranceNewsNet.
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  • Broker Lawsuit Against Ohio National Could Be ‘Just The Beginning’ November 7, 2018
    The first lawsuit against Ohio National was filed this week by a Texas broker. Ohio National stunned the annuity sales industry with its September announcement that it will stop paying trail commissions on certain variable annuity contracts. The post Broker Lawsuit Against Ohio National Could Be ‘Just The Beginning’ appeared first on InsuranceNewsNet.
    John Hilton
  • New FIA Offers Enhanced Penalty-Free Withdrawal Feature November 6, 2018
    WEST DES MOINES, Iowa, Nov. 06, 2018 (GLOBE NEWSWIRE) --  The Strategic Design AnnuitySM X (SDA X), fixed index annuity... The post New FIA Offers Enhanced Penalty-Free Withdrawal Feature appeared first on InsuranceNewsNet.
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  • Scripps To Purchase Group Annuity To Reduce Pension Obligations By $50M November 6, 2018
    CINCINNATI, Nov. 6, 2018/ PRN ewswire/-- The E.W. Scripps Company has entered into an agreement with Massachusetts Mutual Life Insurance Company to purchase a group annuity contract and transfer approximately $50 million of the company's pension plan obligations. Through the transaction, Scripps will reduce its pension plan liabilities by approximately […]
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