How Demutualization Changed Everything
By Kerry Pechter
In the 1990s and early 2000s, a wave of household-name mutual life insurers “demutualized” and become stock companies. The conversion was driven by fundamental changes in the U.S. economy and led to fundamental changes in life insurer products and practices. Part I of a special two-part report.
'She persisted'
By Editorial Staff
Sen. Elizabeth Warren's (D-MA) new white paper details the sales incentives that annuity issuers offer insurance agents; the incentives, she says, show that the DOL's long-denied 'fiduciary rule' is necessary.
By Editorial Staff
Life insurers’ exposure to risky assets and reliance on reinsurance raises concerns about their interconnectedness and complexity, research from the Bank of International Settlements shows.