New York

JenCap to buy insurance broker Risk Innovations

New York-based specialty insurer JenCap has agreed to purchase Risk Innovations, a Georgia-based specialty wholesale insurance broker, for an undisclosed sum.…

New York regulator probes sales practices of indexed universal life insurance

Reports emerged that New York's top financial watchdog believes that some insurance companies might be projecting excessive potential gains in…

Allianz Life of New York debuts new index variable annuity

IVA provides a blend of traditional variable options with an index strategy as well as downside protection with a built-in…

Guardian rolls out new fixed deferred annuity with flexible renewal

Known as the Guardian Fixed Target Annuity, the single premium fixed deferred annuity enables customers to choose from multiple guaranteed…

New York Life rolls out new Asset Preserver

New York Life has introduced an enhanced Asset Preserver, a life insurance product designed to help cover the costs of…

New York Life appoints new vice chairman

Kim will also continue in his current roles as the president of New York Life's Investments Group and chief investment…

ASG launches new mobile app for life insurance advisors

Life insurance brokerage agency Agent Support Group (ASG) has rolled out new mobile app, ASG One Click, a new mobile…

NTA Life to implement EXL LifePRO policy administration platform

National Teachers Associates Life Insurance Company (NTA Life) has signed a deal to implement EXL's policy administration platform, EXL LifePRO.…

Missouri Department of Insurance reaches settlement with New York Life

The Missouri Department of Insurance in the US has reached a settlement with New York Life following an examination into…

Sallie Mae unveils new Upromise Life Insurance Plan in US

The plan is offered in two types, parents may purchase a policy for themselves or their children, while the child's…

NYDFS approves Delaware Life purchase of Sun Life Insurance and Annuity

Sun Life Insurance and Annuity Company of New York is engaged in the sale of individual fixed and variable annuity…

New York Life names senior vice president of corporate services

In her role, Rodd will be responsible for the oversight of procurement, business and financial services, process enhancement programs, corporate…

New York Life Announces 2012 Financial Results

The company increased surplus and asset valuation reserve in 2012 to a record $19.6 billion, providing a superior measure of…

New York Life names senior managing director

In his new role, Grove bill be in charge of the retail annuities business, including product development, product management, marketing,…

New York Life Agents Produce Record Sales in 2012

The company's insurance sales continued to grow, with individual recurring premium life insurance sales through agents up 4% over 2011.…

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