Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
IRS Releases Annuity-LTC Exchange Guidance
By Allison BellThe Internal Revenue Service has come out with a document, IRS Notice 2011-68, that discusses the tax rules that apply to annuity-long term care benefits hybrids and exchanges of annuity cash surrender value for qualified LTC insurance.
August 15, 2011
PPACA: NAIC Pans Multi-State Plan NoticeThe large multi-state plans that show up on health insurance exchanges in 2014 should follow state insurance rules, state insurance regulators say.
August 15, 2011
Super Committee: Securities Firms, Health Professionals Outgave InsurersThe insurance industry ranks just 10th on a list of top industry contributors to members of the new "super committee" - the congressional panel that is supposed to find $1.5 trillion in federal spending cuts by Thanksgiving.
August 15, 2011
Officials: 11th Circuit PPACA Ruling Clouds Benefits PictureThe 11 U.S. Circuit Court of Appeals ruling on PPACA ensures that the Supreme Court will be the ultimate arbiter of the law's constitutionality, but it muddies the water as to what benefits employers will have to provide, industry officials say.
August 15, 2011
New York Department Eyes Separate AccountsOfficials at the New York State Insurance Department discuss use of separate accounts and credit default swaps in a recent life company examination report.
August 14, 2011
HealthEquity Acquires MsaverHealthEquity Inc. has bought First Horizon Msaver Inc., a health savings account administrator, from First Tennessee Bank N.A.
August 13, 2011
Communicating to clients during turbulent timesUncertainty and volatility present a challenge to advisors on how and when they should communicate with clients.
August 12, 2011
California Updates Guaranty Fund Notice RequirementsThe California Department of Insurance has updated the notice insurers in the state must provide when they deliver life, health and annuity contracts.