Insurance Articles

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Great-West Financial Launches Empower

by FA Staff

The insurance firm has named its retirement business Empower reflecting a new era for plan sponsors.

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Obamacare Faces New Threat As U.S. Supreme Court Weighs Appeal

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The fate of President Barack Obama’s health-care law is again in the hands of the U.S. Supreme Court.

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Get Ready For High-Deductible Homeowners' Insurance

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Home insurance policies are increasingly being written with percentage-based deductibles, which sometimes can increase out-of-pocket costs for homeowners.

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Hartford Offers To Pay 13,500 Former Workers To Give Up Pensions

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The insurer offered voluntary lump-sum payments to about 13,500 workers who had left the company and hadn’t yet started receiving pension payments.

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U.S. Treasury Encouraging Retirement Savers To Buy Annuities

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The U.S. Treasury Department said on Friday it was tweaking its policy for retirement funds to encourage savers to buy annuities, a measure aimed to keep them from outliving their savings.

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Global Regulators Agree New Capital Yardstick For Insurers

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Global regulators have written the first global capital rule for insurers, marking a key milestone in efforts since the 2007-09 financial crisis.

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As Virus Spreads, Insurers Exclude Ebola From New Policies

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New policies and renewals will become costlier for at-risk clients; ACE and Aon are among the insurers taking Ebola into account.

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Former Pimco Parent Pacific Life Moves Client Accounts To Janus

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Pacific Life Insurance Co., the insurer where Pacific Investment Management Co. was started as a bond unit in 1971, is moving money from Bill Gross’s old firm to Janus Capital Group Inc...

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'When Will I Stop Working?' Is Retirement Planning’s Big Question, Survey Finds

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Sixty-one percent of respondents in a survey released today said that not knowing when they will stop working was their biggest obstacle to planning for retirement.

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Life Insurance As A Retirement Solution

by David T. Buckwald

Life insurance allows retirees to spend a higher percentage of their portfolio after they stop working, tap emergency cash if needed, and pass more wealth to their spouse and heirs.

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