Articles
Prudential boosts Q1 earnings, shutters disappointing Assurance IQ
Prudential Financial recorded stronger first-quarter earnings from both its asset manager and sales growth in its U.S. and international businesses. The insurer continued an evolution that began several years ago to remake its product offerings and reduce risk. To that end, Prudential signed a significant reinsurance deal during the quarter to go along with a […]
Equitable execs tout Q1 retirement growth, Wall Street wants more income
Equitable Holdings reported plenty of good news from first-quarter financials, but still failed to make Wall Street happy on the income side. Operating earnings were up across business segments, market tailwinds drove growth and retirement premium and deposits grew 42% over the year-ago Q1. Yet, $114 million in net income declined from $177 million in […]
Skyrocketing auto insurance costs send consumers shopping
The days of “set it and forget it” auto insurance for consumers are long gone as the spiraling price of policies has made smart insurance shoppers out of a huge percentage of car owners, according to recent surveys. Unfortunately, finding a better deal is becoming increasingly difficult as the price of auto insurance from carrier […]
Revol One Financial retools with new annuity products, big goals
There are a lot of insurance companies in the annuity sales game. But the new regime at Revol One Financial say they have a strategy to dent the leaderboard: speed and customer service. And good products, said Cindy Reed, CEO of Revol One Financial. Time spent working on the retail side in recent years sharpened […]