The Insured Retirement Institute announced first-quarter variable annuity assets reached $1.6 trillion, the highest level ever recorded by Morningstar.

New Jersey Gov. Chris Christie has presented a health benefits proposal to the state's largest public worker union — at the bargaining table.

Illinois businesses would save about $500 million but give up on their biggest demand under a worker's compensation overhaul that key lawmakers called a tentative deal Thursday.

Sen. Orrin Hatch, R-Utah, introduced Thursday a bill that would modify and streamline rules for health savings accounts and flexible spending accounts.