Company News

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  Unum's CEO to retire

  By Associated Press  |  May 23, 2013

  Kevin McCarthy plans to retire in the first quarter of 2014.

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  Nationwide Financial launches low-cost variable annuity

  By Maria Wood  |  May 23, 2013

  The new product is targeted for fee-based advisors who may have been reluctant to sell VAs in the past.

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  Insurers eye alternative strategies

  By Warren S. Hersch  |  May 23, 2013

  Eight in 10 insurers say they are considering increasing their allocation to alternative strategies as they look for sources of additional yield.

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  Will MetLife join VA buyback movement?

  By Maria Wood  |  May 22, 2013

  The risk associated with variable annuities took up a good portion of the firm’s Investor Day conference.

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  Genworth expands Life Quick Request platform

  By Noah Guillaume  |  May 22, 2013

  The expansion will include a soon-to-be-released index universal life insurance product.

• What if there was no IRS?

  By Staff Writer  |  May 21, 2013

  Stop fantasizing and get back to work.

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  New WellPoint CEO streamlines insurer's business

  By The Associated Press  |  May 21, 2013

  The company will put its exchange business in the commercial insurance division.

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  SIFMA names former Sen. Gregg as CEO

  By Melanie Waddell  |  May 20, 2013

  SIFMA announced Monday that former Sen. Judd Gregg has been appointed CEO and that Ken Bentsen, acting president and CEO, is now president.

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  ING U.S. adds Global Perspectives Fund

  By Noah Guillaume  |  May 20, 2013

  The fund has a standard allocation, but does allow adjustment in uncertain times based on market fundamentals.

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  Aviva PLC to slash 2,000 jobs worldwide

  By Maria Wood  |  May 17, 2013

  The insurer has reduced expenses by £83 million, or 10 percent, in the first quarter.