GAO Retirement Advice: Delay Social Security, Buy Annuities
In what could be a boon to the annuity industry, a report released Friday by the Government Accountability Office said that delaying Social Security and purchasing an annuity may the only way to ensure solvency in retirement.
A Long-Term Care Primer: The Need and the LTCI Option
The need is great now and will only grow greater. Insurers are beginning to step up.
Proposed Law Requires Life Settlement Disclosure
Kentucky state representative Ronald Crimm (R-Louisville) has drafted a model bill that would require some policy owners to be told about the option to take a life settlement when considering terminating or cashing in a policy.
Dirk Kempthorne, Former Governor, to Lead ACLI
The American Council of Life Insurers (ACLI), the trade association of the life insurance industry, will have a new president and CEO on November 3, the association announced Wednesday, September 9.
White House, Treasury Host Inaugural Women in Finance Symposium
Secretary of the Treasury Tim Geithner welcomed women who are leaders in the public and private sectors and academia to the inaugural Women in Finance Symposium, hosted by the White House and Treasury.
Expert's Corner: Look Before You Give
The holiday season often brings out the best in us. December is historically the peak month for charitable donations, but in today's economy, charities, like...
Insurance Update: Kiss of Death?
Everybody seems to agree that life settlements themselves have a valid function. After all, if you've got a sizeable policy but no longer need the...
ACLI raises debate over proposed long term care legislation
The American Council of Life Insurers (ACLI) is telling the federal government to stay out of the long term care insurance business. The organization insists...
FSC to hold hearing on financial products and consumer protection - watch the live Webcast
The House Financial Services Committee will hold a hearing Wednesday morning to discuss regulatory measures for consumer financial products. The hearing is entitled "Regulatory Restructuring: Enhancing...
The Beltway bait and switch
A simple lesson too many politicians have yet to learn; companies don't pay taxes, consumers do. Any tax increase in the corporate rate is passed...