Multiple Policies Raise Cost Concerns
By Jim ConnollyByA draft regulation addressing treatment of beneficiaries of multiple policies is drawing comments concerning cost and potential legal liability.The issue will be examined this week ...
June 09, 2002
Insurers Push Sales Force DiversityByExecutives who help insurers recruit African-American agents to sell to African-Americans say the logic of doing so is obvious."If you want to serve a community, ...
June 09, 2002
Congress Starts Optional Charter DialogueByWashington Optional federal chartering of insurance companies is a long-term process that likely will take several years to accomplish, several members of Congress agreed yesterday.At ...
June 09, 2002
Assess An Annuity Bonus's Value Before Recommending ItAssess An Annuity Bonus's Value Before Recommending ItDo interest bonuses add value to an annuity contract? The answer, unfortunately, is "not always."Many registered representatives and ...
June 09, 2002
Frankel Pleads Guilty In Mississippi CourtByOnly a week after he pleaded guilty to federal racketeering charges in Connecticut for stealing assets from insurance companies he controlled, financier Martin Frankel pleaded ...
June 09, 2002
Opportunity Beckons In African-American Retirement SavingsOpportunity Beckons In African-American Retirement Savings ByWhen life insurers try to sell annuities and other insurance-based retirement savings products and services to African-Americans, one of ...
June 09, 2002
Is 'Speed To Market' Impossible Without Regulatory Reform?Is 'Speed To Market' Impossible Without Regulatory Reform?ByNews item: Recently, at the urging of state and federal regulators, a Congressional panel voted to ease regulations ...