Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Agent Tries to Supplement the Shoebox In The Closet
By Allison BellOne executive told him, I dont find that youre necessary or that youre a benefit to our customers.Hartmann said he knows from personal experience that an issuer name database could come in handy for people dealing with the death of a loved one. He and his brother Edmund came up...
October 07, 2011
Survey: Married Folks More Retirement-Ready (Chicago Tribune)A recent study by the National Bureau of Economic Research revealed a little-known perk of marriage: married couples are significantly more likely to be well-prepared for retirement. The study sampled 66 to 69 year-olds, and found that 80 percent of people who were married had adequate retirement funds, while just...
October 07, 2011
Middle-Income Boomers: An Untapped MarketListen up, advisors. Boomers age 60 and over earning between $30,000 and $75,000 offer a ripe marketplace in need of financial advice. And many prefer an investment such as an annuity that protects principal and guarantees income.
October 07, 2011
Consumer borrowing dropped $9.5 billion in AugustConsumers slashed their borrowing in August by the most in 16 months. The drop suggests many worried about taking on new debt while the economy slumped and the stock market fluctuated wildly.
October 07, 2011
Retirement Plans that Weather Economic Storms (US News)One retirement plan does not fit all. How savings earmarked for the golden years are invested can vary from stocks and corporate bonds, commodities, low-cost index funds, even high-grade junk bonds to shares of foreign companies in emerging economies. All can produce decent yields. What is most important, say advisors...
October 07, 2011
MetLife to Take $125M Unclaimed Property ChargeYet another major insurer feels the sting of the unclaimed property issue, which continues to gain in breadth and depth as one of the most important regulatory issues of the year.
October 07, 2011
New Policies Seek to Benefit From Morphing EconomyAs insurance products depend on financial circumstances out of their control, they run the risk of being viewed as securities by regulatory authorities.
October 07, 2011
New Policies Seek to Benefit From Morphing EconomyAs insurance products depend on financial circumstances out of their control, they run the risk of being viewed as securities by regulatory authorities.