Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
IRI Study: Most Older Boomers Not Confident They Have Enough Saved for Retirement
By Warren S. HerschLess than one third (30%) of the study respondents say they believe they will have enough in retirement savings to pay for long-term care expenses.
October 17, 2011
Will 401(k) Fee Disclosures Bring Clarity to Perplexed Workers? (ABC News)Full disclosure is on the horizon for 401(k) plans, as new federal rules mandate employees are made aware of the fees associated with each plan beginning next summer.
October 17, 2011
Turning a Lens on Ameriprise Financial (New York Times)The lawsuit against Ameriprise Financial, the largest employer of certified financial planners in the U.S., was breaking news at the end of last month, as six people accused the company of willfully mismanaging 401(k) accounts, stuffing the plans with expensive, underperforming mutual funds that came from the company's own investment...
October 17, 2011
In a Volatile Market, Some Turn to Insurance Instead of Bonds (New York Times)With low interest rates on government bonds, some financial advisors are encouraging their clients to buy permanent life insurance as an investment vehicle.
October 17, 2011
In a Volatile Market, Some Turn to Insurance Instead of Bonds (New York Times)With low interest rates on government bonds, some financial advisors are encouraging their clients to buy permanent life insurance as an investment vehicle.
October 17, 2011
NY Attempting End to Health Insurers' Rate SecrecyHealth insurers are already telling the newly merged Department of Financial Services that they object to making their rate filings publicly available, and the DFS is expected to respond this week. What will Lawsky tell them next?
October 17, 2011
"Bud" Schiff to Receive American College's Huebner Gold MedalSchiff is currently the Chief Consulting Officer of New York Life Executive Benefits LLC. He previously served as the CEO of NYLEX Benefits, the senior executive vice president of the Mutual Life Insurance Company of New York and as a member of MONYs Board of Trustees.
October 17, 2011
"Bud" Schiff to Receive American College's Huebner Gold MedalSchiff is currently the Chief Consulting Officer of New York Life Executive Benefits LLC. He previously served as the CEO of NYLEX Benefits, the senior executive vice president of the Mutual Life Insurance Company of New York and as a member of MONYs Board of Trustees.