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Most Agree COVID-19's Economic Impact Will Be More Significant Than Great Recession

Allianz Life Named a Top 100 Company for Learning and Development


Press release content from Business Wire. The AP news staff was not involved in its creation.
Allianz Life Named a Top 100 Company for Learning and Development
February 9, 2021 GMT
MINNEAPOLIS (BUSINESS WIRE) Feb 9, 2021
Training magazine. This is the eighth consecutive year Allianz Life has been included on the list, which recognizes companies for their strong learning and development programs. This year, Allianz Life came in at number 25.
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“Empowering our employees to continue to learn, grow, and evolve their careers is one of the key components of our award-winning culture at Allianz Life,” said Jenny Guldseth, chief human resources officer, Allianz Life. “We continuously adapt our learning programs to meet the ever-changing needs of our employees and the world around us.” ....

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SEC Articulates Section 26(c) Insurance Product Relief Standards


Tuesday, February 2, 2021
On December 4, 2020, the SEC granted a substitution order under Section 26(c) of the Investment Company Act of 1940 to Allianz Life Insurance Company of North America and Allianz Life Insurance Company of New York, together with their respective separate accounts (collectively, Allianz). Section 26(c) of the 1940 Act prohibits the substitution of shares of mutual funds offered as an investment option to variable annuity and variable life insurance contracts with shares of a different mutual fund (a Substitution) unless the SEC determines that the evidence establishes that the Substitution is consistent with the protection of investors and the purposes of the 1940 Act. ....

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Here's what the stock market predicts for 2021 – New Orleans CityBusiness


Here’s what the stock market predicts for 2021
It’s been a year of fear for many Americans: The worst global pandemic in a century has taken more than 300,000 lives, battered the U.S. economy and propelled the stock market into the fastest crash in history.
But markets have since staged a stunning turnaround and reclaimed record highs, defying the doomsayers despite a backdrop of historic job losses, bankruptcies and shrinking corporate profits. The market was driven higher by Big Tech stocks as trillions of dollars in stimulus from the Federal Reserve and Congress propped up an economy gripped by recession. ....

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