Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Treasury selling remainder of AIG stock
By Arthur D. Postal and Elizabeth FestaThe Treasury Department is selling its remaining 16 percent of the common shares of AIG, hopefully putting paid to its tumultuous 50-month shotgun financial tryst with the global insurer.
December 10, 2012
ACSI: customer satisfaction with life insurers attains record highStable premiums helped to push customer satisfaction with life insurance companies to a record high, new research by The American Customer Satisfaction Index reveals.
December 10, 2012
ESOPs: a plan to help business owners avoid "taxmageddon"Because of their special tax features, ESOPs allow owners to sell their stock and diversify their wealth on a tax-favorable basis, while effectively retaining control of their business.
December 10, 2012
New York Life Retirement Plan Services report a jump in new businessNew York Life Retirement Plan Services, a division of New York Life, has gained a significant amount of new assets under administration over the last year.
December 10, 2012
Survey: Three quarters of young boomers don’t contribute to an IRAThe survey reveals that 75% of late boomers individuals ranging in age from 45 to 54 dont contribute to an IRA.
December 10, 2012
Borzi: DOL to offer new version of fiduciary rule in "several months"The Department of Labor plans to repropose its controversial rule to amend the definition of fiduciary under ERISA in several months, Phyllis Borzi said on Friday.
December 10, 2012
Nomadic Millionaires Value Quality of Life, Family Over Business Interests: RBC StudyWealth Through the Prism of Culture and Mobility investigated the investment, wealth transfer and charitable-giving behaviors of individuals who lived, worked or spent more than half their time outside their country of origin and had investable assets of at least $1 million.
December 10, 2012
AIG sells 90% of plane leasing unit for $5.28BThe insurer has been selling off parts of its business to raise money to pay back the $182 billion bailout.