Allison Bell is Senior Editor for National Underwriter Life & Health and Health Insurance Channel Editor for LifeHealthPro.com. She has been covering health insurance long enough to own a copy of the HIPAA conference report. She has a bachelor's degree in economics from Washington University ...
Michael Doughty appeared at a U.S. House long-term care insurance hearing in December. (Photo: House Oversight)
Manulife Financial Corp. has announced a change at the top at the company's Boston-based U.S. division. Craig Bromley, a senior executive vice president and general manager of the U.S. division, has left the company, Manulife said today. The Toronto-based parent company did not immediately give an explanation for Bromley's departure.
Scottish Re's U.S. office is in Charlotte, North Carolina. (Photo: Thinkstock)
The current owners of Scottish Re Group Ltd., a life and annuity reinsurer that suspended sales of new reinsurance in 2008, say they are starting the process of shutting down the company's operations.
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Indexed Annuity Sales Fall 14%: Wink
Sales of multi-year guaranteed annuities dropped 17%
Uncertainty surrounding the U.S. Department of Labor fiduciary rule contributed to a steep drop in first-quarter annuity sales.