Why Long-Term-Care Insurance Premiums Are Soaring
Most U.S. seniors will need long-term medical care, and millions bought long-term-care insurance to pay for it. Now, massive rate hikes may price them out of their policies.
Prudential
Could Your Next Stockbroker Be a Credit Union?
Credit unions, with their favorable interest rates and low fees, can be good alternatives to big commercial banks. But if you're an investor looking for a one-stop shop, you may shun them for their lack of online stock trading services. Well, don't: Many now offer online brokerage accounts, too.
Women Investors: Smarter Than the Men in Every Way?
Financial services companies have a habit of publishing "special reports on women and investing," and their conclusions tend to describe women in less-than-flattering terms. But a new TD Ameritrade study once again shows why such stereotypes totally miss the mark.
Allstate, Prudential Return Cash to Shareholders Through Buybacks, Dividends
Both Allstate and Prudential, the two largest publicly traded insurers, have announced plans to return cash to shareholders.
Legal Briefing: Fraud Suit Against AIG Gets the Go-Ahead
AIG's successful run of getting lawsuits against it dismissed has ended. On Monday, U.S. District Judge Laura Taylor Swain gave the green light to a securities fraud class action case regarding AIGs credit default swap portfolio and its actions in the subprime mortgage market.
Legal Briefing: Prudential Pockets Interest on Dead Soldiers' Policies
In Monday's legal news, Prudential is being investigated for the way it handles death benefits to soldiers' families and a U.S. district judge continues his efforts on behalf of 9/11 workers by rejecting their lawyers' requests for additional fees.
Are Life Insurers Committing Fraud? New York Attorney General Investigates
The New York attorney general's office has launched what it's calling a "major fraud investigation" into whether life insurance companies are putting clients' money into potentially risky accounts to earn higher interest for themselves.
Today's 401(k) Investors Are in Control
Thanks to the financial crisis, 401(k) investors have changed strategies, moving in and out of stocks, raising their bond holdings and making more use of investor tools.
Guaranteed Retirement Income Bill Likely in 2010
Much of the $1.3 trillion investors lost in the recession may never come back. To make sure it doesn't happen again, Congress is likely to put legislation to encourage people to invest in guaranteed retirement income vehicles on the front-burner. Annuities might be an option, but not everyone is a fan.
