Annual NFEC Survey: Poor Financial Literacy Carries $948 Price Tag for U.S. Adults
{December 30th, 2025} by National Financial Educators Council Dec 29, 2025, 08:05 ET
DALLAS, Dec. 29, 2025 /PRNewswire/ — As the economic landscape continues to evolve, the National Financial Educators Council (NFEC) tracks whether Americans’ financial health is keeping pace. One of the NFEC’s annual surveys monitors the amount of money people lose due to a lack of personal finance knowledge and skill. The 2025 data show that the number […]
Primerica Household Budget Index™ Data: Purchasing Power for Middle-Income Americans Relatively Unchanged in November
{December 30th, 2025} by Primerica
DULUTH, Ga.–(BUSINESS WIRE)–The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life’s everyday necessities, is estimated at 100.7% in November, a slight increase of 0.2% from a year ago. The Consumer Price Index (CPI), which measures inflation […]
2025 Top 5 Life Insurance Stories: IUL takes center stage as lawsuits pile up
{December 30th, 2025} by John Hilton
It was a good year for life insurance sales. But problems with indexed universal life overshadowed some of that good news. IUL comes with a death benefit and a cash value that grows based on a stock market index, but isn’t directly invested in it. A portion of the premium pays for insurance costs and […]
2025 Top 5 Annuity Stories: Lawsuits, layoffs and Brighthouse sale rumors
{December 30th, 2025} by John Hilton
The year in annuities started well, ended well, and was pretty good in the middle, also. Sales continued to flourish as insurers took advantage of sales-friendly conditions. Overall annuity sales hit a new quarterly record of $119.3 billion in the third quarter, marking the eighth consecutive quarter of sales over $100 billion. LIMRA projects total […]
2025 Top 5 Advisor Stories: From the ‘Age Wave’ to Gen Z angst
{December 30th, 2025} by Staff Reports
The recent surge of interest in the boomer retirement tsunami drove an interview with “Age Wave” retirement guru Ken Dychtwald to the most read advisor story for 2025. The public business breakup of social media darlings Gary Brecka and Grant Cardone drove a series of stories to near the top of the readership list for […]
Does a $1M make you rich? Many millionaires today don’t think so
{December 30th, 2025} by Ayo Mseka
According to the latest data from Northwestern Mutual’s 2025 Planning & Progress Study, only about one-third of American millionaires consider themselves wealthy, and nearly half said that their financial planning needs improvement. There are 23.8 million millionaires in the U.S., the most of any country in the world, the survey said. While most don’t see themselves as “wealthy,” American millionaires are […]
To attract Gen Z, insurance must rewrite its story
{December 30th, 2025} by Rayne Morgan
As the insurance industry tackles solutions to its talent gap crisis, one expert says it simply hasn’t done a good enough job leveraging its greatest selling point to Gen Z: the potential for change. “The question isn’t whether the talent is out there or not — it’s whether the insurance industry can evolve its story […]
2026 Conversation Starter: Contingent Deferred Annuities
{December 30th, 2025} by Allison Bell
For the retail annuity market, 2026 could turn out to be a year for headlines about contingent deferred annuities. A CDA attaches an annuity spigot to a retirement saver’s existing portfolio. The assets stay under the control of the client and continue to count toward the advisor’s assets under management total. Read at Think Advisor
2026 Annuity Outlook: Safety First By Allison Bell
{December 30th, 2025} by Allison Bell
Sales of individual annuities without firm, built-in value guarantees increased in the United States in 2025. Jason Bickler, co-head of individual markets at Global Atlantic, a major annuity issuer, predicted in a recent email interview that the annuity sales winds will shift a bit toward safety in 2026. Read at Think Advisor
Warren Buffett and Private Equity Both Love Insurance. The Similarities End There.
{December 30th, 2025} by Heather gillers
Lots of people want to invest insurance money these days. Nobody does it quite like Warren Buffett. The seed capital Buffett’s Berkshire Hathaway BRK.B 0.55%increase; green up pointing triangle uses to maintain its vast investing empire comes from insurance premiums, dollars that often sit unused for months or years before going to pay claims. That cash—or “float” in Buffettspeak—sounds a […]
Mike Causey Letter to President Trump
{December 30th, 2025} by NCDOI
Read the NC Department of Insurance, Mike Causey, Commissioner’s letter to the President. Wink’s Moore on the Market: North Carolina’s insurance commissioner is pleading with Trump, not to pardon Gregg Lindberg. If you will recall, Lindberg was the owner of the failed Colorado Bankers Life, et. al.
Hannover Life Reassurance Company of America Announces Leadership Transition Changes
{December 30th, 2025} by Hannover Life Reassurance Company of America
ORLANDO, Fla.–(BUSINESS WIRE)–Hannover Life Reassurance Company of America (Hannover Re US) announces an update to key leadership appointment, effective January 1, 2026. Tiffany Norman will become President and CEO of Hannover Re US, succeeding Pete Schaefer, who will retire on December 31, 2025. The appointment is an update of the announcement on September 3, 2025, […]
New Survey Finds Americans Are Ditching Financial New Year’s Resolutions
{December 30th, 2025} by Beyond Finance
CHICAGO, Dec. 29, 2025 /PRNewswire/ — As the New Year approaches, a new national survey from Beyond Finance reveals that Americans are increasingly disconnected from traditional resolutions about finances. According to the survey of more than 2,000 U.S. adults, 83% of Americans let some or all of their financial New Year’s resolutions from last year slip, with just 19% […]
Wealth Enhancement to Acquire AEGIS Financial, an Independent RIA with Over $468 Million in Client Assets
{December 30th, 2025} by Wealth Enhancement
MINNEAPOLIS, Dec. 18, 2025 /PRNewswire/ — Wealth Enhancement, a national independent wealth management firm dedicated to enriching clients’ lives, announced it will acquire AEGIS Financial, an independent RIA with locations in Oshkosh, Appleton, and Milwaukee, Wisconsin. The team of five advisors and ten support staff oversee more than $468 million in client assets and is led by […]
The “Eastern Wisdom” of Aging: How Taikang’s “New Life Insurance” Responds to a Global Challenge?
{December 30th, 2025} by WallstreetCN
SHANGHAI, Dec. 30, 2025 /PRNewswire/ — Under the global background of ageing people, WallstreetCN reported how TaiKang play its wisdom in new-life-insurance. In 2014, journalists from Japan’s NHK documented the phenomenon of A Society Without Bonds, portraying how the elderly in an atomized society—devoid of social, familial, or community ties—gradually become isolated and ultimately pass away alone. A decade later, […]
Globe Life Inc. Bermuda reinsurance affiliate has been formed and licensed as a Bermuda Class C Insurer
{December 30th, 2025} by Globe Life Inc.
MCKINNEY, Texas, Dec. 23, 2025 /PRNewswire/ — Globe Life Inc. (NYSE: GL), a United States domiciled holding company specializing in life and supplemental health insurance, announced today that Globe Life Re Ltd. (the Company) has been formed and licensed as a Bermuda Class C Insurer to provide reinsurance support in respect of insurance business written by affiliate entities within […]
Merry Christmas!
{December 23rd, 2025} by Wink's Intel Pros
“Peace on earth will come to stay, when we live Christmas everyday.”
State of Annuities with the “Annuity Rockstar”
{December 23rd, 2025} by Sheryl J. Moore
I always love getting my podcast on! Especially with my dear friend Dr. John Terry of Legacy Marketing Group… Check it out here! -sjm
Prudential Launches FlexGuard 2.0 with New Investment Allocation Options to Help Customers Protect Their Life’s Work, Furthering Commitment to the Registered Index-Linked Annuity Space
{December 23rd, 2025} by Prudential
NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) today announced the launch of FlexGuard 2.0, the next evolution of the company’s flagship retail registered index-linked annuity (RILA) U.S. retirement product lineup. Prudential FlexGuard 2.0® registered index-linked annuity builds on the record success* of Prudential’s premier RILA suite with new enhancements driven directly by customer and financial professional input, […]
AM Best Upgrades Issuer Credit Ratings of Jackson National Life Insurance Company and Its Affiliates
{December 23rd, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Jackson National Life Insurance Company (JNL), its wholly owned subsidiary, Jackson National Life Insurance Company of New York (Purchase, NY), and its direct parent, Brooke Life Insurance […]
AM Best Affirms Credit Ratings of Guaranty Income Life Insurance Company, United Life Insurance Company, Kuvare Life Re Ltd. and Lincoln Benefit Life Compan
{December 23rd, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Guaranty Income Life Insurance Company (headquartered in Baton Rouge, LA) and United Life Insurance Company (Cedar Rapids, IA), collectively, referred to as Kuvare Retail Group. In addition, AM Best has […]
American Life Expands Product Availability to New Hampshire
{December 23rd, 2025} by American Life
LINCOLN, Neb., Dec. 18, 2025 /PRNewswire/ — American Life & Security Corp., a growing carrier in the annuity space, has announced its expansion into New Hampshire and now offers its full suite of flexible retirement products to residents of the state. “Expanding our footprint remains a key priority as we continue to scale our business,” said […]
North American® and Annexus launch new Index with Deutsche Bank and ICE Data Indices for the Secure Horizon Fixed Index Annuity suite
{December 23rd, 2025} by Annexus
SCOTTSDALE, Ariz., Dec. 23, 2025 (GLOBE NEWSWIRE) — North American Company for Life and Health Insurance® (North American), a member company of Sammons® Financial Group and one of the largest issuers of fixed index annuities (FIAs) in the U.S.,1 and Annexus, a leading independent insurance retirement product design company, announce the addition of the NYSE® GEARS Index to the North American Secure […]
Guardian’s Individual Life Contact Center receives J.D. Power Certification for outstanding customer service for eighth year
{December 23rd, 2025} by Guardian
NEW YORK, Dec. 22, 2025 /PRNewswire/ — The Guardian Life Insurance Company of America® (Guardian) has once again been recognized by J.D. Power, the standard bearer in evaluating and certifying companies for outstanding customer service. Guardian’s Individual Life Contact Center has received the J.D. Power Customer Service Certification for the eighth consecutive year with a survey score that […]
Fidelity National Financial and F&G Annuities & Life Announce Final Distribution Ratio for Planned Distribution of Approximately 12% Ownership of F&G to FNF Shareholders
{December 23rd, 2025} by F&G Annuities & Life, Inc.
JACKSONVILLE, Fla. and DES MOINES, Iowa, Dec. 18, 2025 /PRNewswire/ — Fidelity National Financial, Inc. (NYSE: FNF) (“FNF”), a leading provider of title insurance and transaction services to the real estate and mortgage industries, and F&G Annuities & Life, Inc. (NYSE: FG) (“F&G”), a majority-owned subsidiary of FNF, today announced that FNF’s Board of Directors has determined the final distribution ratio […]
How the life insurance industry can reach the social media generations
{December 23rd, 2025} by Susan Rupe
The life insurance industry must find new ways to reach young consumers in a world of short attention spans and increased dependence on social media influencers. A LIMRA researcher shared his insights as well as findings from the 2025 Insurance Barometer study during a recent online event. The 2025 Insurance Barometer Study, conducted jointly by LIMRA […]
Judge rules against loosening receivership over Greg Lindberg finances
{December 23rd, 2025} by John Hilton
A bid by disgraced financier Greg Lindberg to loosen the receivership controls over his business assets was rejected last week by the North Carolina Court of Appeals. The ruling leaves in place stringent controls over Lindberg’s business entities and affirms a key receivership ruling. Lindberg’s challenge to an expanded restraining order was deemed procedurally abandoned. […]
Neal Auto-IRA Bill Could Help Annuity Issuers
{December 23rd, 2025} by Allison Bell
A new House retirement plan bill could create a new market for individual annuities and annuity-like arrangements. Rep. Richard Neal, D-Mass. — the highest-ranking Democrat on the House Ways and Means Committee — reintroduced the Automatic IRA Act Monday. The bill would require an employer with more than 10 employees that has no other retirement plan […]
AM Best Upgrades Issuer Credit Ratings of Jackson National Life Insurance Company and Its Affiliates
{December 23rd, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Jackson National Life Insurance Company (JNL), its wholly owned subsidiary, Jackson National Life Insurance Company of New York (Purchase, NY), and its direct parent, Brooke Life Insurance […]
Transamerica’s Dutch Parent to Move Headquarters to U.S. by 2028
{December 23rd, 2025} by Allison Bell
Aegon, the parent of Transamerica, wants to move its headquarters to the United States, from the Netherlands, by Jan. 1, 2028. The life insurer, retirement plan services provider and asset manager also wants to move its official corporate home to Delaware, from Bermuda, and ramp up U.S. life insurance, annuity and retirement plan sales. Read […]
Strong Technical Demand for Credit
{December 23rd, 2025} by Torsten Slok
When interest rates went up, annuity sales more than doubled, see chart below. The strong demand for annuities continues to generate strong technical demand for credit. Read at Apollo Academy Wink’s Moore on the Market: This hit my Google alerts this week. If you are wondering how annuity sales doubled after The Fed raised […]
He will leave quite the legacy at this FMO and B/D…
{December 23rd, 2025} by Sheryl J. Moore
My dear friend and valued colleague Mark Williams is moving-on from Brokers International. I don’t know where he is going, nor what he will be doing. What I DO know is that he transformed the sales, culture and people at BI. He changed insurance. He will leave quite the legacy at this FMO and B/D… […]
Annexus and Athene Announce Major Index Portfolio Enhancements to BCA 2.0 Suite of Fixed Indexed Annuities
{December 23rd, 2025} by Annexus
SCOTTSDALE, Ariz. and WEST DES MOINES, Iowa, Dec. 16, 2025 (GLOBE NEWSWIRE) — Annexus, a leading designer of innovative retirement solutions, and Athene, a leading provider of fixed indexed annuities (FIAs), have announced several major enhancements to the award-winning Athene® BCA® 2.0 Suite of FIAs. The update introduces the S&P 500® Distance Stabilizer TCA Index – the first […]
Hard to believe that I met them 20 years ago…
{December 23rd, 2025} by Sheryl J. Moore
Wink’s Moore on the Market: I still remember my first time visiting the EquiTrust Life Insurance Company home office. Hard to believe I met Ana Bumgardner and Heather Kane twenty years ago… Congratulations on the promotions, ladies! VERY well-deserved! -sjm
5 Insurers That Sold the Most Indexed Universal Life Policies in Q3
{December 23rd, 2025} by Allison Bell
Wink recently published its U.S. individual life insurance sales report for the third quarter of 2025. Sales of all individual life products rose 3.2% from the total recorded in the third quarter of 2024, to $2.8 billion. Sales of one closely watched product, indexed universal life policies, increased 2.6%, year over year, to $768 million. […]
Waldeck to Succeed Feeney as Head of Prudential’s U.S. Businesses
{December 23rd, 2025} by Allison Bell
Prudential Financial has named Phil Waldeck to be head of its U.S. businesses, effective Feb. 2, 2026. Waldeck will succeed Caroline Feeney, who has been global head of retirement and insurance. Read on Think Advisor Wink’s Moore on the Market: Guess who is going to be in charge of Prudential Financial‘s U.S. businesses? Phil Waldeck has […]
Instead of of letting her grief consume her, she instead channeled it into something positive.
{December 23rd, 2025} by Sheryl J. Moore
Today, I celebrate this girl. My heart. My youngest daughter. She was alone at home with AJ, when he took his life. Instead of of letting her grief consume her, she instead channeled it into something positive. She enlisted in the Iowa National Guard at age 17. By 19, she was already a sergeant. She […]
Mount Logan Capital Inc. Initiates Shareholder Record Search relating to expected $15 Million Tender Offer
{December 23rd, 2025} by Mount Logan Capital
NEW YORK, Dec. 11, 2025 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan”, “MLCI”, or the “Company”) today announced it has initiated the steps necessary to commence the tender offer to repurchase $15 million of Mount Logan’s common stock. Ted Goldthorpe, Chief Executive Officer and Chairman of Mount Logan, said, “We appreciate […]
SPG Announces Leadership Appointments Within Life & Annuity Division
{December 23rd, 2025} by Specialty Program Group
CHICAGO, Dec. 17, 2025 /PRNewswire/ — AgencyONE, a division of Specialty Program Group LLC (SPG), a leading operator of specialty insurance brokerage, is pleased to announce that effective January 1, 2026, Gonzalo M. Garcia, CLU, will assume the newly created role of Chief Advanced Markets Officer within SPG’s Life & Annuity division. This leadership transition supports SPG’s […]
Fidelity’s 17th Annual Resolutions Study: Americans Preparing for a Year of ‘Planning With Purpose’
{December 23rd, 2025} by Fidelity National Financial, Inc.
BOSTON–(BUSINESS WIRE)–According to Fidelity Investments®’ 2026 New Year’s Financial Resolutions study, Americans are preparing for a year of “planning with purpose.” This focused, intentional approach to financial planning appears to be part of a resolution revolution: 64% of respondents are considering a financial resolution for 2026, compared with 56% who reported having a financial resolution in […]
Consumer group calls on life insurers to improve flexible premium policy practices
{December 23rd, 2025} by Brooke Lacey
The Life Insurance Consumer Advocacy Center (LICAC) is asking life insurance companies and agents to improve communication and transparency practices regarding flexible premium policies. Flexible premium policies are part of universal life policies. Regulations require that whatever a consumer pays into a policy be referred to as a ‘premium,’ regardless of how the amount was […]
The 2025-2026 risk agenda for insurers
{December 23rd, 2025} by Paige Waters
The insurance regulatory and risk landscape was demanding in 2025 — and all signs point to 2026 being even more complex. Across all lines of insurance, insurers are being pulled in two directions at once: Innovate faster, and Tighten controls and costs under intensifying regulatory, geopolitical and economic pressure. Read at INN
Product understanding will drive the future of insurance
{December 23rd, 2025} by Chris Taylor
As product sales continue to be sold through independent channels, carriers are increasingly reliant on distributors to push a broader portfolio of product offerings. Increased reliance on third-party distributors is nothing new, but the implications go beyond product design and commissions. Read at INN
Integrity Marketing Group leans into DEI, honored by Newsweek
{December 23rd, 2025} by John Hilton
In a political climate that has moved decidedly away from diversity, equity and inclusion efforts, Integrity Marketing Group is leaning into DEI. A large-scale distributor of life and health insurance, and provider of wealth management solutions and retirement planning, Integrity employs about 6,000 employees. It was recently honored by Newsweek as one of the top workplaces in […]
Nearly Half of Americans More Stressed Heading into 2026, Allianz Life Study Finds
{December 16th, 2025} by Allianz
MINNEAPOLIS–(BUSINESS WIRE)–Nearly half of Americans say they are more stressed heading into 2026 than they were at the beginning of 2025, according to the 2026 New Year’s Resolutions Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America (Allianz Life). At the end of 2025, 48% […]
Guardian introduces two new Crediting Strategies to Guardian MarketPerform®, designed to enhance clients’ financial wellness
{December 16th, 2025} by Guardian Life
New York, N.Y.—Dec. 9, 2025—The Guardian Life Insurance Company of America® (Guardian) has announced the addition of two new Crediting Strategies to Guardian MarketPerform®—Step-Up Trigger Rate and Cap with Participation and Spread strategies. The company’s registered index-linked annuity (RILA) now offers clients the flexibility to choose from a total of three Crediting Strategies. Learn more […]
Lincoln Financial Introduces First Capital Group ETF Strategy for Fixed Indexed Annuities
{December 16th, 2025} by Lincoln Financial
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial (NYSE: LNC) today introduced the first Capital Group ETF indexed account option for fixed indexed annuities (FIA) with the launch of the 1 Year Capital Group Dividend Value (CGDV) ETF Participation account. Lincoln OptiBlend® is the only FIA in the market to offer an account that tracks the performance of CGDV, giving investors access […]
Avocet Partners Launches with $500 Million Equity Commitment from Oaktree and Lane42
{December 16th, 2025} by Avocet Partners
NEW YORK, Dec. 11, 2025 /PRNewswire/ — Avocet Partners (“Avocet” or the “Company”) today announced its launch as a new insurance-focused investment and operating platform backed by $500 million of committed equity capital from funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and Lane42 Investment Partners, LLC (“Lane42”). Led by an experienced founding team of operators with a proven track record of building, […]
Life insurance and annuities: Reassuring ‘tired’ clients in 2026
{December 16th, 2025} by Mike Mathweg
When people ask me what I see for life insurance and annuities in 2026, I always start here: Clients are tired. They’re tired of drama in the headlines, tired of volatility and tired of feeling as though their financial future is riding on whoever wins the next election or what happens with the next round […]
AM Best Affirms Credit Ratings of Manulife Financial Corporation and Its Subsidiaries
{December 16th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of the life/health (L/H) insurance subsidiaries of Manulife Financial Corporation (MFC) (Toronto, Canada) [NYSE: MFC]. Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit […]
Best’s Review Looks at New Actuarial Guideline, New Challenges
{December 16th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–In its December issue, Best’s Review examines the impact of Actuarial Guideline 55, which was adopted by the National Association of Insurance Commissioners (NAIC) earlier this year. According to the NAIC, “the goal of this guideline is to enhance reserve adequacy requirements for life insurance companies by requiring that asset adequacy analysis use a cash […]
Knighthead Life’s “A-” (Excellent) Financial Strength Rating Affirmed by A.M. Best
{December 16th, 2025} by Knighthead Annuity
CHARLOTTE, N.C.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A- (Excellent) of Knighthead Life (the brand name for Merit Life Insurance Co.) with a stable outlook. Knighthead Life is part of Knighthead Insurance Group, a leading global provider of retirement products and solutions. The affirmation reflects Knighthead Life’s strong capital position and financial […]
AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries
{December 16th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Pacific Life Insurance Company and Pacific Life & Annuity Company (collectively referred to as Pacific Life Group). Both companies are headquartered in Newport Beach, CA. Additionally, AM Best has affirmed the […]
Best’s Special Report: U.S. Life/Annuity Industry Records 13.8% Net Income Increase in Nine-Month 2025 Period
{December 16th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–The U.S. life/annuity industry reported a 13.8% increase in net income during the first nine months of 2025 compared with the same prior-year period, driven in part by an 8.1% increase in net investment income, according to a new AM Best report. This financial review is detailed in a new Best’s Special Report, “First Look: Nine-Month […]
Integrity’s Proprietary Technology Platform Bolsters The Katz Agency’s Commitment to Agent Success
{December 16th, 2025} by Integrity Marketing Group, LLC
DALLAS, Dec. 9, 2025 /PRNewswire/ — Integrity, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with The Katz Agency, an independent marketing organization based in Wilmington, North Carolina, and led by Adam and Beth Katz. Financial details of the transaction were not […]
TIAA Third Largest and Fastest Growing 529 Plan Manager in the U.S.
{December 16th, 2025} by TIAA
CHARLOTTE, N.C., Dec. 16, 2025 /PRNewswire/ — TIAA, program manager of 529 education savings plans, today announced that it is the third largest and fastest growing provider by assets over the past 5-year period.1. With over $67 billion in assets under management, the firm supports more than 2 million accounts through ten state-sponsored 529 plans.1 One in four Americans […]
TIAA Wealth Management Unveils Rebrand Expanding Access to Financial Advice
{December 16th, 2025} by TIAA
NEW YORK, Dec. 10, 2025 /PRNewswire/ — TIAA Wealth Management, a division of TIAA, today unveiled a new brand positioning and campaign, ‘Invest in Your Worth,’ marking how financial guidance is delivered to professionals who have built substantial retirement savings yet may not believe financial advice is for them. “Nearly half of Americans are under-saved for retirement. The […]
5 Reasons $38T of Clients’ Life, Pension and Annuity Cash Could Just Rot
{December 16th, 2025} by Allison Bell
A consumer advocate is talking to state insurance regulators about a grave threat to the performance of life insurance policies, pensions and individual annuity contracts: the possibility that the consumers and their beneficiaries will never claim the benefits they’re owed, and that the product providers will never pay out the promised benefits. Richard Weber, the […]
The Great LinkedIn Annuity Comp Battle of 2025
{December 16th, 2025} by Allison Bell
A new round of annuity compensation tug-of-war started recently on LinkedIn. David Lau, the chief executive officer of DPL Financial Partners, a firm that connects RIAs with fee-based annuities, talked about the appeal of fee-based annuities for RIAs at a recent AdvisorHub conference. He then put the annuity compensation debate rope in play by promoting an […]
Securing Retirement Against Cognitive Decline
{December 16th, 2025} by Corey Walther
As the United States population ages, a growing group of Americans is now at risk for cognitive decline. The increasing prevalence of cognitive decline is a risk to the retirement strategies for both those affected and their caregivers. Just like inflation or market volatility, the effect of cognitive decline should not be underestimated or unaccounted […]
Hildene Capital Management to Acquire Annuity Producer Silac
{December 16th, 2025} by Aaron Smith
“I absolutely think you will see more asset managers acquiring insurance companies,” said Sheryl Moore, president and CEO of Moore Market Intelligence, which publishes Wink‘s Sales & Market Report. “While sales of annuities continue to set records, outsiders are paying attention.” Read at Life Annuity Specialist
Could LTC-Annuity Hybrids Be The Next Big Thing?
{December 16th, 2025} by Aaron Smith
“The potential for this market is huge,” said Sheryl Moore, president and CEO of Moore Market Intelligence, which track annuities and publishes Wink‘s Sales & Market Report. “Just look at any stats about the numbers of Americans that become confined to a nursing home, or the cost of LTC.” Read at Life Annuity Specialist
New York Life continues to close in on Athene; annuity sales up 50%
{December 16th, 2025} by John Hilton
New York Life sold 50% more annuities through three quarters than in 2024, LIMRA reported in its updated sales rankings. The rankings show New York Life nipping at the heels of perennial sales leader Athene Annuity & Life with $24.8 billion in sales. Athene sold $26.8 billion worth of annuities through Q3, a 4.3% decrease […]
LTC riders: More education is needed, NAIFA president says
{December 16th, 2025} by Susan Rupe
Carriers must do a better job of educating advisors and consumers about long-term care riders on life insurance policies. That was one of the suggestions that Christopher Gandy, president of the National Association of Insurance and Financial Advisors, made to the National Association of Insurance Commissioners Senior Issues Task Force at its fall meeting. Gandy […]
Product understanding will drive the future of insurance
{December 16th, 2025} by Chris Taylor
As product sales continue to be sold through independent channels, carriers are increasingly reliant on distributors to push a broader portfolio of product offerings. Increased reliance on third-party distributors is nothing new, but the implications go beyond product design and commissions. The increased reliance on independent channels suggests that distributors have a greater role to […]
NAIC’s 2026 AI evaluation pilot moves ahead as industry balks
{December 16th, 2025} by John Hilton
It will take more drafts to get an AI system evaluation tool to the finish line, but state insurance regulators are committed to kicking off a pilot program in 2026 to test insurers’ use of artificial intelligence. Still, the project is being heavily criticized by industry trade groups. Ten insurance companies are set to participate […]
Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
{December 16th, 2025} by John Hilton
Iowa Attorney General Brenna Bird submitted a brief Wednesday in support of Lockheed Martin Corp. in a lawsuit over its choice of Athene Annuity and Life Co. in a pension risk transfer deal. The brief, joined by attorneys general in nine additional states, equates the lawsuit claims as an attack on the efficacy of the […]
NAIC counters climate impacts with new working groups, risk dashboard
{December 16th, 2025} by John Hilton
The National Association of Insurance Commissioners (NAIC) is retooling efforts to improve climate change modeling and be better prepared for its impacts on the insurance industry. That effort includes new charges for 2026 and a newly streamlined workflow. The NAIC decided to restructure and consolidate the existing Climate and Resiliency Task Force, the Catastrophe Insurance […]
Tis the season for team building
{December 16th, 2025} by Wink's Intel Pros
Last week we had an entire week of the Wink team (save one) at the office all week. We fly everyone into Des Moines 1 – 2 times a year, so that we can work TOGETHER, do some team building and build on our friendships. It is always GREAT to get together again. We spent […]
Insurance Compact warns NAIC some annuity designs ‘quite complicated’
{December 16th, 2025} by John Hilton
In one product trend, regulators are seeing more guaranteed living withdrawal benefits attached to non-variable annuities. And those products are “quite complicated,” said Katie Campbell, an actuary with the Interstate Insurance Product Regulation Commission. Read at INN Wink’s Moore on the Market: Random thoughts on an INN article: Katie Campbell, an actuary who works […]
ACLI urges Congress to mandate annuity options in 401(k) plans
{December 16th, 2025} by Kenneth Araullo
The American Council of Life Insurers (ACLI) is calling on US lawmakers to back a set of federal policy changes aimed at expanding access to annuities in workplace retirement plans. The industry group says the measures would help more savers convert defined contribution balances into guaranteed income in retirement. Read at Insurance Business Mag
Prudential leads all life sellers as Q3 sales rise 3.2%, Wink reports
{December 9th, 2025} by Staff Reports
Prudential Financial ranked No. 1 in overall life insurance sales during the third quarter, with a market share of 5.7%, Wink, Inc. reported. All life sales for the third quarter were more than $2.8 billion, down 3.9% compared to the previous quarter and up 3.2% compared to the same period last year, according to Wink’s Sales […]
Des Moines’ EMC Insurance selling its life insurance division
{December 9th, 2025} by Kevin Baskins
EMC Insurance is selling its ownership interest in EMC National Life Insurance Co. to Avocet Partners, including its interest in EMC National Life Mutual Holding Co. The sale price was not disclosed. EMC Life had $15.3 billion of life insurance in force as of EMC Insurance’s 2024 annual report. It will undergo an unspecified change […]
Hildene Capital Management Announces Purchase Agreement to Acquire Annuity Provider SILAC
{December 9th, 2025} by Hildene Capital Management
STAMFORD, Conn. & CARMEL, Ind.–(BUSINESS WIRE)–Hildene Capital Management, LLC (together with its affiliates, “Hildene”), an $18+ billion credit-focused alternative asset manager, today announced it has signed a definitive agreement to acquire SILAC, Inc., the parent company of SILAC Insurance Company (“SILAC”), a leading provider of fixed and fixed indexed annuity products in the U.S. SILAC […]
I am a HUGE believer in sharing things like this, as it can help others by sharing.
{December 9th, 2025} by Sheryl J. Moore
I have made a lot of mistakes in my business over the past 20+ years. A lot. Here’s just a few that come to mind: 1. Choosing the wrong accountants, and not finding a CPA that is worth every penny I pay them; 2. Developing imposter syndrome after the CMO of one of the biggest […]
We appreciate the recognition of Wink and our data!
{December 9th, 2025} by Sheryl J. Moore
Sharing this because it is too funny not to share. Jay Judas is a social media icon. Not to mention that he is an expert on HNW life insurance… Follow him! You won’t be regret it. There isn’t a “global holdings group” yet! We appreciate the recognition of Wink and our data! -sjm
Channel Surfing: Which Annuity Products Sold the Most Through Which Sales Channels in Q3?
{December 9th, 2025} by Cyril Tuohy
Most annuity carriers rely on a variety of distribution channels to drive sales, and tailor some products to fit various pipelines. How well those products work for those channels can boost or hobble a carrier’s volume. Industry researcher Wink tracks sales of annuity products across various sales channels and publishes quarterly sales data, which can give an […]
NexAnnuity Announces the Launch of NexCompounder Fixed Index Annuity–A Modern Solution Designed to Assist with Retirement Savings
{December 9th, 2025} by NexAnnuity
DALLAS, Dec. 8, 2025 /PRNewswire/ — NexAnnuity announced the launch of the NexCompounder Fixed Index Annuity (FIA), designed to help individuals take their retirements to the next level with growth potential, principal protection, and tax-deferred accumulation. A Flexible Approach to Retirement Savings The NexCompounder FIA is engineered for policyholders/investors seeking both growth and protection. With a minimum initial premium […]
Gen X Underestimated Retirement. Now, They’re Not Sure They Can Catch Up
{December 9th, 2025} by Nationwide
COLUMBUS, Ohio, Dec. 8, 2025 /PRNewswire/ — Suddenly at the doorstep of retirement, Gen X investors (aged 45-60) are at a crossroads. Despite their proximity to retirement, the prospect of exiting the workforce has largely ‘snuck up’ on this cohort, according to a new Advisor Authority study, powered by the Nationwide Retirement Institute. In fact, six in ten (61%) non-retired Gen […]
Jefferies to Acquire 50% Interest in Hildene Holding Company, Expanding Strategic Relationship that Began in 2022
{December 9th, 2025} by Jeffries Financial Group Inc
NEW YORK–(BUSINESS WIRE)–Jefferies Financial Group Inc. (NYSE: JEF) (“Jefferies”) announced today it is acquiring a 50% interest in Hildene Holding Company, LLC, the parent of Hildene Capital Management, LLC and its affiliates (“Hildene”), a credit-focused asset manager with over $18 billion of assets under management for a broad range of clients in hedge fund, separately […]
Sammons Financial Group names Rob TeKolste as President to Advance 2030 Growth Strategy
{December 9th, 2025} by Sammons Financial Group
WEST DES MOINES, Iowa–(BUSINESS WIRE)–Sammons Financial Group today announced a strategic evolution of its leadership team and structure to advance the company’s plans for growth. Effective January 1, 2026, industry veteran Rob TeKolste will assume the role President, Sammons Financial Group, reporting to the company’s Chairman and Chief Executive Officer Esfand Dinshaw. In his new role, TeKolste will […]
Symetra and Insured Retirement Institute Unveil New Report Examining the State of Allyship in Financial Services
{December 9th, 2025} by Symetra
BELLEVUE, Wash. & WASHINGTON–(BUSINESS WIRE)–Symetra and Insured Retirement Institute (IRI) have partnered on a new report focused on more clearly understanding the state of allyship in the financial services industry. “Allyship: A Commitment to Inclusion, Equity, and Opportunity” examines the core principles of allyship, particularly as it pertains to women in the workplace. The report looks at […]
Caught wrong-footed, most Gen Xers now feel uneasy on retirement
{December 9th, 2025} by Leo Almazora
Six in 10 non-retired Gen Xers are just now realizing the urgency to get ready, with an even more overwhelming majority seeing soaring living costs as a barrier to a comfortable retirement. Read at InvestmentNews
Brookfield, Qatar team up on $20 billion AI investment venture
{December 9th, 2025} by Nicolas Parasie and Dinesh Nair
Brookfield Asset Management Ltd. and Qatar Investment Authority are teaming up on a $20 billion venture to invest in artificial-intelligence infrastructure, underscoring the escalating regional race for dominance in the sector. Read at InvestmentNews
Giving Tuesday
{December 9th, 2025} by Sheryl J. Moore
What non-profit did you support on Giving Tuesday? I totally forgot to post, but am always curious about new/different nonprofits where I could make a difference. I’ll start. My donation went to It Gets Better. My son was gay and bullied. He took his own life in 2013. It Gets Better could have helped AJ. […]
State Farm Sued Over Policies Backed by Distressed Insurer PHL
{December 9th, 2025} by Alexandre Rajbhandari
State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that left policyholders with less-than-promised payouts. Read at Insurance Journal Wink’s Moore on the Market: PHL Variable Insurance Co contract holders […]
Hildene Capital Management to acquire SILAC for $550m
{December 9th, 2025} by Beth Musselwhite
Hildene Capital Management, LLC, a credit-focused alternative asset manager, has signed a definitive agreement to acquire SILAC, Inc., the parent company of SILAC Insurance Company. Founded in 1935, SILAC provides fixed and fixed indexed annuity products in the U.S. Headquartered in Carmel, Indiana, the company operates across 48 states and the District of Columbia. Read […]
Removing barriers to annuity adoption in 2026
{December 9th, 2025} by Rich Romano
ith 2026 on the horizon, the insurance sector is confronting a landscape defined by market volatility, demographic pressure and a renewed appetite for guaranteed income. These forces are converging to elevate variable annuities as a central tool for advisors seeking durable retirement solutions. Although no forecast is absolute, current trends point to a meaningful uptick […]
Magnifact® Enables Real-Time Annuity Tracking at Revol One Financial® to Accelerate Sales and Enhance Distribution Insights
{December 9th, 2025} by Magnifact
CHICAGO, Dec. 4, 2025 /PRNewswire/ — Magnifact, a leading insurtech company delivering DataIntelligent℠ solutions to the insurance industry, today announced the successful production launch of its real-time annuity case-tracking functionality at Revol One Financial, a forward-thinking insurance provider committed to digital innovation. Through this integration, Insurance Agency Marketing Services, Inc. (IAMS), a well-established Omaha-based insurance marketing organization and […]
AM Best Revises Outlooks to Negative for Kansas City Life Insurance Company; Downgrades Credit Ratings of Grange Life Insurance Company; Revises Issuer Credit Rating Outlook to Negative for Old American Insurance Company
{December 9th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Kansas City Life Insurance Company (Kansas City Life) [OTCQX: KCLI]. At the same time, AM Best downgraded the FSR to B+ (Good) […]
Draft Guidelines Could Shape States’ Efforts to Regulate Annuity Sellers
{December 9th, 2025} by Allison Bell
New draft guidelines could affect just how tough state regulation of annuity sales will be. The Life Insurance and Annuities Committee, an arm of the National Association of Insurance Commissioners, plans to consider adoption of an “Annuity Best Interest Regulatory Guidance and Considerations” document Tuesday at an in-person meeting in Hollywood, Florida. Read at Think Advisor
Wink, Inc. Releases Third Quarter, 2025 Life Sales Results
{December 4th, 2025} by Wink's Press Release
— FOR IMMEDIATE DISTRIBUTION — NEWS RELEASE VARIABLE Universal Life IS LOOKING TO COME BACK Wink, Inc. Releases Third Quarter, 2025 Life Sales Results Des Moines, Iowa. December 3, 2025– Wink, Inc. released the third quarter, 2025 life sales results in its 113th edition of Wink’s Sales & Market Report. Wink’s Sales & Market Report […]
THIRD QUARTER 2025 LIFE INSURANCE SALES
{December 4th, 2025} by Sheryl J. Moore
All Life Sales for the third quarter of 2025 were $2,832 million, compared with $2,744 for the third quarter of 2024. Third quarter life sales were down nearly 4% when compared to the previous quarter and up more than 3% as compared to the same period last year. All life products include indexed universal life […]
5 Insurers That Sold the Most MYGAs in Q3
{December 4th, 2025} by Allison Bell
Wink is out with its new annuity sales and market report for the third quarter, showing how the rise and fall of interest rates, stock prices and retirement savers’ level of exuberance affected the trim of the issuers’ sails. Overall U.S. individual annuity sales rose to $117 billion, up 1.6% from the total for the third […]
But today, I choose thankfulness.
{December 4th, 2025} by Sheryl J. Moore
For those of you who didn’t know, I used to be homeless. I was pregnant with my first child, my AJ. ❤️🩹 I was unable to work because of my high risk pregnancy. My ex-husband didn’t have half the work ethic I have. My car was repossessed. I was couch surfing courtesy of people I […]
Regulators defend close relationships with industry
{December 4th, 2025} by John Hilton
The world of insurance regulation is very insular. There isn’t a lot of media coverage, and rulemaking is shared by 50 insurance commissioners, plus representatives from the District of Columbia and U.S. territories. It all creates an environment in which regulators craft rules in partnership with industry, a relationship that is a little too cozy […]
State to decide on potential buyer for PHL Variable policies by Dec. 31
{December 4th, 2025} by John Hilton
Several companies are competing to take over or reinsure all or parts of the troubled PHL Variable Insurance Co. business, and the Connecticut Department of Insurance said it will decide which proposal to pursue by the end of 2025. Five companies submitted proposals of interest: three whole company proposals and two partial company bids. In […]
Cheap Life Insurance: The Most Affordable Coverage from Our Top-Rated Companie
{December 4th, 2025} by Kimberly Lankford
Term life insurance can be surprisingly cheap if you’re relatively healthy when you buy it. This low-cost insurance can be your best option if you need life insurance for a limited time period, such as 10, 20 or 30 years. We analyzed 19 term life insurance companies to find the best options for cheap life insurance. Cost […]
Gen X’s retirement readiness is threatened
{December 4th, 2025} by Susan Rupe
When it comes to retirement, the baby boomers get all the attention but it is Generation X that faces a retirement crisis. The Retirement Income Institute looked at the challenges that Gen X must overcome to achieve a success and secure retirement in a recent paper, “Retirement Challenges Facing Gen-X in the Peak 65 Era.” With shrinking […]
The role of riders: Enhancing policy flexibility and protection
{December 4th, 2025} by Jay Scheiner
Once upon a time, a life insurance policy was seen as a static promise, a simple transfer of risk upon death. But now, clients face risks that demand not only a death benefit, but also a financial tool designed to weather market volatility, health crises and the costs of longevity. In the indexed universal life […]
Big, Beautiful Tax Changes
{December 4th, 2025} by John Hilton
The federal tax outlook changed dramatically when Donald Trump defeated Joe Biden in November 2024 — both for the short term and the long. For starters, it meant that the Tax Cuts and Jobs Act of 2017 — Trump’s signature accomplishment from his first term — could be extended. Congress did so in July. Read […]
How cyber insurance will connect consumers and insurers
{December 4th, 2025} by Matt Cullina
It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on track to converge in 2026 and boost the perceived value of personal cyber coverage. Read at INN
IUL: It’s about the caps (long term)
{December 4th, 2025} by Sam Rocke
Indexed universal life has always been a bit of a lightning rod for controversy. Advocates suggest IUL has high upside potential with downside protection, while naysayers suggest the product is complicated and that poor market returns in the future will be a major challenge for policyholders. It is true that future market returns are relevant […]
DOL fiduciary future murky as Fifth Circuit tosses appeal
{December 4th, 2025} by John Hilton
The Department of Labor fiduciary rule is again on the ropes after the Fifth Circuit Court of Appeals dismissed the government’s appeal Friday. The appeal was a holdover from the Biden administration, and the government withdrew it earlier in the week. Read at INN
MetLife Completes $10 Billion Variable Annuity Risk Transfer Transaction
{December 4th, 2025} by MetLife
NEW YORK–(BUSINESS WIRE)–MetLife, Inc. (NYSE: MET) today announced it has completed its previously announced $10 billion variable annuity risk transfer transaction with Talcott Resolution Life Insurance Company (Talcott), a life insurance and annuities subsidiary of Talcott Financial Group. Expected foregone annual adjusted earnings total of approximately $100 million will be partially offset by annual hedge […]
NASCAR Champ Kyle Busch’s Pacific Life Lawsuit Moves to Federal Court
{December 4th, 2025} by Dinah Wisenberg Brin
NASCAR champion Kyle Busch’s lawsuit against Pacific Life alleging $8.6 million in losses tied to indexed universal life insurance policies has been moved to federal court in North Carolina. In a complaint filed in North Carolina Superior Court in Lincoln County in October, Busch and his wife, Samantha, accuse Pacific Life and an agent of promoting complex IUL policies […]
To Replace, or Not to Replace, an Annuity
{December 4th, 2025} by John Stevenson
I recently had someone reach out to me who wanted to replace six annuity contracts that he had with Nationwide. He had purchased them three years ago, and the current surrender charges were 9% plus a market value adjustment (MVA) charge of over 3%. With a total of over 12% in surrender charges to get […]
Benefits Law Specialist Calls for All 401(k) Plans to Add Annuities
{December 4th, 2025} by Allison Bell
A benefits law specialist who once served on the Internal Revenue Service employee benefits legal team is making the case for building annuities into all 401(k) plans. Andrew Stumpff Morrison — who is a former Davis Polk partner and a former University of Michigan law school lecturer — has proposed in a new working paper that the […]
Why age alone shouldn’t rule out annuities in retirement
{December 4th, 2025} by David Paul
Retirement today looks very different from what it did even one generation ago. Longer lifespans, unpredictable markets and rising costs for essentials such as health care have forced many retirees to reconsider how they generate income. That is why annuities, once considered niche products, have become mainstream. In 2024, annuity sales reached $432 billion, underscoring […]
PacLife takes top spot as LIMRA reports 14% rise in new life premium
{December 4th, 2025} by Staff Reports
Pacific Life Insurance Co. took over the top spot in life insurance new annualized premium through the first three quarters, LIMRA announced Wednesday. PacLife new annualized premium through three quarters rose nearly 33% from 2024 to $840.6 million. The insurer has been in a tight battle with Northwestern Mutual in recent quarters. Northwestern reported a […]
Behavioral barriers to buying annuities (and how to overcome them)
{December 4th, 2025} by Anna Baluch
Most individuals value financial security, yet many struggle to commit to annuities. More often than not, behavioral barriers rather than the products themselves create the greatest obstacles. Even those who are financially savvy often hesitate to move forward with annuities. “Fortunately, annuities are seeing greater use and acceptance, and the industry is doing a better […]
Annuity Owners Report Higher Levels of Confidence in Retirement Timeline
{December 4th, 2025} by Edward Rueda
Annuity ownership correlates with having more confidence about being able to retire when an individual wants to, and familiarity with annuities is growing, according to a survey from Nationwide Mutual Insurance Co. Surveying 1,034 consumers between the ages of 45 and 75 in July, Nationwide, which sells annuity products, found that 76% of annuity owners expressed confidence […]
Structured annuity sales edge higher in third quarter
{December 4th, 2025} by Nishad Abdul
With US$19.9 billion in sales in Q3 25, structured annuities have grown by almost 25% year on year. Total annuity sales reached US$117 billion, according to Wink’s Sales and Market Report, marking a 1.8% increase from the previous quarter and 1.5% rise year-on-year (YoY). Deferred annuities accounted for US$113.2 billion, which Wink noted as a […]
Annuity Owners Significantly More Confident In Ability To Retire On Time
{December 4th, 2025} by Nationwide Retirement Institut
COLUMBUS, Ohio – High inflation, market volatility, potential Social Security cuts and lengthening lifespans have investors grappling with unprecedented anxiety about financial security in retirement – but those who own an annuity are feeling significantly more optimistic than their peers. According to a recent survey from Nationwide, three-fourths (76%) of annuity owners are confident they […]
New York Life Announces Record $2.78 Billion Dividend for 2026
{December 4th, 2025} by New York Life
Largest dividend payout in company history underscores long-term value delivered to policy owners; marks 172nd consecutive annual dividend NEW YORK–(BUSINESS WIRE)–New York Life, the nation’s largest1 mutual life insurer, today announced that the company will pay an estimated $2.78 billion in dividends to eligible participating policy owners in 2026 — the largest dividend payout in New York Life’s 180-year […]
