Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Making Up the Difference
By Chris OrestisEarlier this year, the so-called Super Committee could not overcome partisan differences over spending cuts and new revenues (taxes) within their mandated deadline and conceded defeat. That unfortunate outcome triggers mandated reductions in the federal budget of $1.3 trillion that will have an immediate impact on Medicare and Medicaid.
December 16, 2011
The Perfect Place to Invest for Retirement? (DailyFinance)When it comes to saving for retirement, many investors would love to be able to pick a simple all-in-one investment vehicle that would automatically adjust to fit their change in risk tolerance -- and then just put their retirement plan on autopilot.
December 16, 2011
Delaware Schedules Hancock LTCI Rate HearingThe company says it needs big increases mainly because of low lapse rates; it's treating morbidity data as proprietary.
December 16, 2011
RIAs With $410M in AUM to Custody With Raymond JamesFour firms, including an ex-Ameriprise affiliate, join Raymond James' RIA division with combined assets of $410 million.
December 16, 2011
Kehrer-LIMRA: Bank Annuity Sales Up 11% Over Year-Ago PeriodThe Kehrer-LIMRA survey reports that bank annuity sales increased to $9.2 billion in the third quarter from $8.3 billion in the third quarter of 2010, a 10.8% rise.
December 16, 2011
5 Ideas to Beef Up Your Retirement Plan (U.S. News & World Report)Having a retirement plan in place is a good first step, but it's not enough, writes U.S. News columnist David Ning. It's equally important to monitor and update your retirement plan as you progress through your career to make sure you are still on track.
December 16, 2011
SEC Charges Ex-Fannie, Freddie CEOs with FraudThe Securities and Exchange Commission has brought civil fraud charges against six former top executives at Fannie Mae and Freddie Mac, saying they misled the government and taxpayers about risky subprime mortgages the mortgage giants held during the housing bust.
December 16, 2011
Security Mutual Life Insurance Enters Agreement with Collegiate Funding SolutionsSecurity Mutual Life Insurance Company of New York hopes that a new marketing agreement will allow agents to play a more hands-on role in the college planning process for their clients.