MetLife Inc. agreed to pay $25 million to settle a probe of abuses tied to variable annuities, the highest-ever penalty for those products by the Financial Industry Regulatory Authority.

The funds will help to create the Spencer Educational Foundation's first named scholarship for risk management professionals seeking advanced degrees.

Improving a new producer's closing ratio begins with the selection of accounts to pursue. The idea is to look for accounts with the highest potential for closing. Here are some questions the producer should ask.

Workers Compensation Research Institute looks at effect of reform in 18 states.