Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Personnel Changes: Nippon Life, Great-West, Lockton, Cohen Milstein
By staff WriterFrancine Young is taking over as chief operating officer of Nippon Life Benefits.
June 30, 2011
Employer-owned life insurance: The rules have changedYou can rectify improper filing of EOLI forms to your client's benefit.
June 30, 2011
Madoff Scandal Changes FINRA Exam ProcessThe Financial Industry Regulatory Authority is responding to the criticism prompted by the Bernard Madoff scandal by intensifying its exam process.
June 30, 2011
SEC Warns Investors About Principal Protected NotesThe complexity of some high-end investment products has FINRA and SEC warning investors to look before they leap.
June 29, 2011
CDC: Adults Face Drops in Private CoverageThe percentage of U.S. adults ages 18 to 64 who were uninsured rose rapidly between 2009 and 2010 because of a drop in the private plan participation rate.
June 29, 2011
Unscrupulous advisors bilk clients for personal gainA California life insurance agent has been sentenced to three years and eight months in state prison for multiple felonies in a Ponzi scheme used to bilk unsuspecting victims out of approximately $800,000.
June 29, 2011
6th Circuit: In Health Care, All Individuals are ActiveCongress has the authority to make people take action to buy health coverage because the health care market is different from most other markets, according to a 3-member panel at the 6th U.S. Circuit Court of Appeals.
June 29, 2011
HNW lapping the middle marketIt's no wonder so many producers target high-net-worth (HNW) clients and forsake the middle market. Same reason robbers favor banks: Because that's where the money is.