Careful Banks Can Avoid Problems with Annuities

When insurer Baldwin-United Corp. hit the skids in 1983, holders of $3.7 billion in annuities issued by the company's subsidiaries felt a sharp pain in the pocketbook.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.