Travel Underwriting Challenged In California
By Steven BrostoffByWashingtonFourteen life insurance companies face a lawsuit in California for allegedly denying life insurance coverage to people who travel to Israel.The 14 companies are accused ...
May 06, 2004
Life Policies May Back Lines Of CreditNU Online News Service, May 6, 2004, 3:43 p.m. EDT -- Ramp Corp., New York, has set up a new unit that plans to ...
May 06, 2004
NASD Pushing New Oversight Requirements For Variable AnnuitiesNASD Pushing New Oversight Requirements For Variable AnnuitiesByWashingtonDeferred variable annuities would come under a new set of suitability, disclosure and principal review requirements under a ...
May 06, 2004
Jefferson National Reports Market Timing ProbeByJefferson National Life Insurance Company, Louisville, Ky., says it is being investigated for potential market timing and late trading activities related to its variable annuities.In ...
May 06, 2004
Making Accelerated Benefits BetterModify The Survival RequirementTo The Editor:When I was medical director at a direct writing company, the claims administrators occasionally turned to me for an opinion ...
May 06, 2004
U.S. Group Disability Premiums Rose 8% In 2003ByU.S. insurers protected 1% more workers against long-term disabilities in 2003 than in 2002, and 3% more workers against short-term disabilities.In its latest group disability ...
May 06, 2004
Regulators Shut Down Fla. Viatical CompanyNU Online News Service, May 6, 2004, 6:17 p.m. EDT -- Federal securities regulators and Florida insurance regulators have shut down the largest U.S. ...
May 06, 2004
The Traditional Top 3 Test Can Be DeceivingByIf you sell group long-term disability insurance, you want to work with an insurer that takes a flexible but sensible approach to risk analysis.One problem ...