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Life Insurance
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Using Social Media? Who do you Target?
March 16, 2010Results of a survey point to promotion and customer interaction as areas of interest for targeting young adults, men and high-income earners.
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Insurance CEOs Trade Views
March 12, 2010A quartet of top insurance executives considered the state of the industry during a panel discussion held during Independent Insurance Agents & Brokers of America (IIABA) Legislative Conference & Convention.
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Jackson Announces Record Profit of $670 Million
March 11, 2010Jackson National Life Insurance announced it achieved record sales and deposits in 2009.
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Direct Marketing Key to Life Sales
March 11, 2010Sales through direct channels represented more than 20% of the policies, about five percent of premium sold and 13% of the total face value in 2008, according to a new joint project conducted by LIMRA and LIDMA, the Life Insurance Direct Marketing Association.
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Silver Tsunami: The Alzheimer’s Conundrum
March 10, 2010How can advisors broach this touchy subject with Boomers?
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N.Y. Life Sales Buck Trend
March 10, 2010The company increased sales by 14% last year, surpassing $1 billion for the first time in its history.
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New Long-Term Care Trend: Boomers Insuring Their Parents
March 10, 2010The reasons to buy long-term care insurance aren’t new. What is new, though, is who boomer clients are buying such insurance for: their parents.
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MetLife to Acquire ALICO from AIG
March 8, 2010American International Group Inc. announced Monday a definitive agreement to sell American Life Insurance Co. to MetLife Inc.
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Insurers Wary of Resolution Fee
March 5, 2010As the Senate Banking Committee considers reform of the nation’s financial regulatory system, the American Insurance Association is seeking to amplify the distinctions between insurers and other financial services firms.
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Silver Tsunami: Boomers Could Face Long-Term Care Crisis
March 3, 2010Aging is the worst part about retirement - unless you consider the rising costs of healthcare eating into your nest egg.
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Facing Up to Social Networking
February 24, 2010Financial services firms have reckoned with the fact that social media is here to stay, but insurers would be wise to watch how their name is being used in social circles.
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Survey: Variable Annuities Face a Sober New Reality
February 19, 2010A booming time for exciting variable annuity riders must give way to a new era of stabilization and rationalization.
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Insurers Providing Superior Customer Service
February 17, 2010Retailers (80% industry satisfaction rate) topped the list of industries providing superior levels of customer service, followed by hotels (79%) and parcel deliver/shipping firms (78%). Insurance providers (77%) rated 4th out of 14 industries, while health insurance plans (55%) ranked 11th.
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Prudential’s Year-End Earnings Reverse 2008 Loss
February 12, 2010Prudential Financial reported 2009 year-end earnings of $3.411 billion, or $7.63 per common share, a sharp improvement from the $1.14 billion loss, or $2.53 per common share, in 2008.
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Obama Administration Promotes Fixed Annuities; Insurers Could Benefit
February 12, 2010Insurers with large books of defined contribution business are well positioned to benefit from news that the Obama administration is promoting the use of fixed annuities, Aite Group says.
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