Author: awbfinancial4

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7 Things Annuity Executives Said About Q3

Equitable CEO Mark Pearson expressed satisfaction with profit margins in the RILA market, in spite of reports of new players jumping into that market. “It’s still the case that it’s sort of eight players...

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MassMutual, PacLife and State Farm Face Genetic Privacy Suits

Three life insurers face lawsuits from consumers in Illinois who object to use of family history questions in life insurance underwriting. The plaintiffs contend that use of family history questions violates the Illinois Genetic Information...

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Specialty Program Group Acquires Illinois’ Insurance Allies

Article 0 Comments Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, announced that it has acquired the assets of Insurance Allies LLC (Insurance Allies), an industry leader in...

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Columbia Threadneedle Cuts 14 Portfolio Managers

Columbia Threadneedle plans to lay off most of the portfolio managers and analysts on three equity investment teams in the United States as the firm seeks to cut costs. The asset manager confirmed that...