Great American Life Insurance Company Ranked Number One Provider of Fixed-Indexed Annuities Through Financial Institutions in 2016
{April 3rd, 2017} by Great American Life Insurance
CINCINNATI–(BUSINESS WIRE)–Great American Life® ranked number one in fixed-indexed annuity sales through financial institutions in 2016, capturing nearly 20% of the channel’s $10 billion in sales. Great American Life has been a fixed-indexed annuity leader in this channel for the last several years, landing the number one spot in 2014 and number two in 2015. […]
A.M. Best Special Report: Preliminary Results Show U.S. Life/Health Industry’s Net Income Slipped 3.1% in 2016
{April 1st, 2017} by AM Best
Oldwick – The U.S. life/health (L/H) industry reported a 22.8% year-over-year increase in pretax net operating income to $66.2 billion in 2016, the highest level of the last five years; however, due to realized capital losses of $11.2 billion, compared with $3.3 billion in losses in 2015, net income was driven down 3.1% year-over-year to […]
Ohio Insurance Commissioner Resigns; Governor Appoints Deputy Director as Successor
{April 1st, 2017} by http://www3.ambest.com/ambv/bestnews/newscontent.aspx?AltSrc=104&RefNum=198849
COLUMBUS, Ohio – Ohio Insurance Director Mary Taylor has stepped down after six years, effective March 31, and Gov. John Kasich is filling the post with former Deputy Director Jillian Froment, who will assume the director’s post April 1. Taylor will continue to serve as Ohio’s lieutenant governor and in February formed a campaign committee, […]