Longevity Insurance: An Answer to Your Clients’ Biggest Worry?
Are your clients concerned about spending down their retirement assets too early and spending the last years of their lives destitute? Enter longevity insurance.
The Long and Winding Road
Natural disasters are growing more frequent and severe, their collective losses taking an ever greater toll on insurers and reinsurers—$23.5 billion from tornadoes and other severe weather in the United States in the first half of 2011 alone, according to Munich Re.
Dodd-Frank’s Call for a Federal Insurance Regulator
Are life insurance and annuities in line for federal regulation under Dodd-Frank?
Don Trone's New Firm to Offer New Fiduciary Designation
3Ethos' Global FIduciary Strategist (GFS) designation will compete with Fi360's AIF. Says Trone: “There will be a lot of demand for fiduciary training once the SEC’s [fiduciary] rule gets defined.”
At FPA San Diego, CFP Board Says 'Choice' Argument Against Fiduciary Standard Is ‘Baloney’
Board leadership says SEC should move forward with uniform fiduciary standard rulemaking; will expand public awareness campaign from print to NPR.
Climate Change Endangers Insurance Industry: Ceres
Insurers are failing to adequately plan for climate change risks, according to a report by Ceres, thus endangering not only the consumers and businesses that depend on them but also their own survival.
Insurance, Muni Bonds Not Dampened by Irene
Hurricane Irene may have roared up the coast last weekend, but she did not leave complete financial wreckage in her wake. Neither the insurance industry nor the municipal bond market was devastated, despite the billions of dollars in damage.
Hurricane Irene Could Be Multi-Billion Dollar Event for Insurers
A "significant hit" but within planning scenario for P&C insurers, reports PropertyCasualty 360.
New Hire Roundup: Wolfe Goes to DTCC, Dorsey Joins Advisor Software
This week in new hires, DTCC brought in Bari Jane Wolfe to fill a newly created position and Steve Dorsey came to Advisor Software. Also, Thomas Roberts joined Groom Law Group as part of its fiduciary responsibility group.