Advances in technology and the ability to provide comprehensive financial solutions are going to drive the pace of change for the life insurance industry, according to a new survey from LOMA.

American International Group announced Monday it has reached an agreement to sell its international life and health insurance unit Alico to MetLife for approximately $15.5 billion.

President Barack Obama and Health and Human Services Secretary Kathleen Sebelius met Thursday with members of the National Association of Insurance Commissioners (NAIC)

When nursing home costs are factored in, expenses jump to an average $260,000, with a 5 percent risk of exceeding $570,000.

Allianz Life Insurance Company of North America (Allianz Life) posted the highest operating profit in the company's 110-year history at nearly $800 million for 2009.

Vice President Joe Biden introduced last week two new rules, which aim to enhance retirement security and transparency for workers covered by 401(k), pension and other retirement arrangements.

Think a million dollars is enough to get you through retirement? Think again. New research from Scottrade Advisor Services show most (71 percent) registered investment advisors put a much higher price tag on the cost of retirement

According to a new study from consulting firm Avalere Health, current enrollees in Medicare Advantage Prescription Drug Plans (MA-PDs) will pay, on average, $39.61 per month in 2010, an increase of 14.2 percent compared to 2009.