Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Feds Set RBC Rules for International Banking Organizations
By Arthur D. PostalFederal banking regulators plan to require large, international banking organizations to meet U.S. risk-based capital standards if those are higher than the Basel II RBC standards, or the Basel II RBC standards if those are higher than the U.S. standards.
June 13, 2011
IRS Gives Nonprofit Plans, Hospitals More Time to Comply with PPACAThe Internal Revenue Service is pushing back the compliance deadlines for Patient Protection and Affordable Care Act nonprofit health plan and nonprofit hospital social responsibility requirements.
June 13, 2011
AAA Panel Supports Life Expectancy Projections Standards ProjectMembers of an American Academy of Actuaries work group say any new life expectancy projection guidelines should go through a formal Actuarial Standards Board development process.
June 13, 2011
Federal Appeals Court Backs Disability ClaimantA federal appeals court in Pennsylvania has ruled against a mutual insurer and in favor of an injured railroad employee in a case involving an interpretation of the term "total disability."
June 13, 2011
Aetna Acquires Genworth Medigap UnitAetna Inc. is paying $290 million to acquire a Medicare supplement insurance business and blocks of in-force Medigap business from Genworth Financial Inc.
June 13, 2011
GAO: Qualified SERPs a MysteryNo one seems to know how many qualified supplemental executive retirement plans are out there or how the economic downturn affected the plans.
June 13, 2011
Aetna Acquires Genworth Medigap UnitAetna Inc. is paying $290 million to acquire a Medicare supplement insurance business and blocks of in-force Medigap business from Genworth Financial Inc.
June 13, 2011
Insurers Hope to Keep FDIC Resolution Plan Notices SimpleFor insurers, the standard financial distress plan ought to be to turn to the state insurance insolvency system, according to the American Council of Life Insurers.