Do You Recall?
By Marlene Y. SatterIt's been a tough year for recalls. First it was pet food. Then everything from livestock feed to toothpaste, shrimp, fish, and toys to tires...
September 01, 2007
In the MeantimeIf you've been keeping up with the long-term care insurance controversy, you've read The New York Times article that started the brouhaha earlier this year--about...
August 16, 2007
Extending Terrorism CoverageThe House Financial Services Committee passed on August 3 the Terrorism Risk Insurance Revision and Extension Act of 2007 (H.R. 2761), which will extend the Terrorism Risk Insurance Act (TRIA) by 15 years and may help spur the further development of a private market for terrorism risk insurance.
August 07, 2007
Paying for LTC with Pre-tax DollarsA bill was introduced just before Congress's summer recess that would amend the Internal Revenue Code to allow long-term care insurance to be paid for with pre-tax dollars. Under "The Long-Term Care Affordability and Security Act" (H.R. 3363), which was introduced by Reps. Earl Pomeroy (D-ND), Jim Ramstad (R-MN), Allyson...
August 01, 2007
Just Good PolicyNancy Callahan, VP of AIG's Identity Theft and Fraud Division, says that coverage under the AIG Corporate Identity Protection policy is just what advisors need...
August 01, 2007
Inside JobSure, You safeguard your clients' data. But what if an employee decides to make off with your files? The possibility hit the news back in March...
July 30, 2007
Federal Insurance Regulation?A bill was introduced into the House of Representatives on July 26 calling for the creation of an optional national regulator for the insurance industry. The House bill, which is companion legislation to The National Insurance Act of 2007 (S40), was introduced by Reps. Melissa Bean (D-Illinois) and Ed Royce...
July 01, 2007
A Long-Term Problem?Last month we looked at the public outcry over long-term care insurance and the resulting repercussions throughout the industry, as companies strove to overcome a...