VA Reserving Draft Is Not PBA-Friendly, Insurers Contend
By Jim ConnollyLife insurers and actuaries are raising concerns that a current version of a draft guideline establishing reserves for variable annuities with guarantees can no longer ...
August 10, 2006
McCamish Updates Producer Comp ManagerA software company has developed a new version of a product that helps insurers track relationships with agents and brokers.McCamish Systems L.L.C., Atlanta, has released ...
August 10, 2006
Benefits Software Firm To Resell Consumer Support ToolsBenefit Concepts Inc. has agreed to package technology from Enwisen Inc. with its own AvantServe benefits administration system.Benefit Concepts, East Providence, R.I., is adopting the ...
August 10, 2006
Prieur Moves To ConsecoA U.S. insurer has recruited a top executive from a Canadian competitor.Conseco Inc., Carmel, Ind., has hired C. James Prieur, the president of Sun Life ...
August 09, 2006
Virginia Exposes Insurance Agent Social Security NumbersThe Virginia Bureau of Insurance says it made all Virginia insurance agents' Social Security numbers accessible to the public this summer.The bureau accidentally included 202,000 ...
August 09, 2006
NAHU: Agents Want Better CDH Web ToolsEmployee communication problems are slowing efforts to implement consumer-driven health plans.Insurance agents and brokers who belong to the National Association of Health Underwriters, Arlington, Va., ...
August 08, 2006
Rhode Island Requires E&O CoverageOcean State officials say resident insurance producers should have some insurance protection against errors and omissions.A new Rhode Island law will require the state's insurance ...
August 07, 2006
Producer Finance Company Gets CapitalA company that lends money to insurance agencies has raised about $250 million from investors.Oak Street Funding L.L.C., Carmel, Ind., obtained the capital through loans ...