Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Genworth Cutting LTCI Commissions, Hopes Move Is Temporary
By Allison BellThe company says the changes will help it maintain stability despite "the low interest rate environment and industry dynamics."
July 02, 2012
Congress Passes Bill to Enable Pension Funding of Life Insurance PurchasesSponsors of defined benefit retirement plans will be able to use excess money in their plans to fund the purchase of life insurance for their retirees for the first time under a provision of legislation passed by Congress Friday.
July 02, 2012
Retirees Need Health Care Cost Reality CheckA study from Nationwide Financial found that the difficulty of judging how much to save for health care in retirement continues even after Americans stop working.
July 02, 2012
How (Not) to Ask for Recommendations, Referrals and References, Part 1Follow these two rules when asking for favors.
July 01, 2012
Fed Action on MetLife Sends Stock SoaringMetLifes stock price soared more than 5 percent on June 19 as a result of a decision by the Federal Reserve Board to give MetLife more time to resubmit a capital plan that failed a stress test in March.
July 01, 2012
Waters Tries to Ice SRO BillLegislation has been proposed that would authorize the Securities and Exchange Commission to levy fees on investment advisors in order to pay for more diligent oversight of those registered as advisors.
July 01, 2012
Across the Globe, the Regulatory Vise TightensDuring the 2012 annual meeting of the Million Dollar Round Table, held in Anaheim, Calif., June 9-13, editors of Summit Business Medias LifeHealthPro groupWarren Hersch of National Underwriter Life & Health, Brian Anderson of Life Insurance Selling and Daniel Williams of Senior Market Advisormet with MDRT members from New Zealand,...
July 01, 2012
Dimon on Volcker RuleJPMorgan Chase Chairman Jamie Dimon acknowledged under intense questioning today that it is possible that the trades that led to a multi-billion dollar loss by the firm would have been banned if the so-called Volcker Rule had been in effect.