Total fixed annuities dropped 10 percent in the first quarter to $18 billion. LIMRA expects fixed annuities’ struggles to persist as long as the interest rates remain low...
Many uninsured individuals don't have insurance coverage because no one has invited them to purchase their products...
JPMorgan's misstep gives advocates of stronger regulation an opening to argue that regulators should toughen their approach...
A judge has breathed new life into Penn Treaty American Corp., ruling against the state's efforts to dissolve the Salisbury Township provider of long-term care policies...
A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls Friday for tougher regulation of banks...
U.S. markets slid Friday after JPMorgan Chase, the largest bank in the country, said it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks...
