Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Goodbye to GICs
By Allison BellLife insurer sales of guaranteed investment contracts and other institutional, spread-based investment products stopped during the recent credit crisis and have just started to show faint signs of life.
February 10, 2011
Goodbye to GICsLife insurer sales of guaranteed investment contracts and other institutional, spread-based investment products stopped during the recent credit crisis and have just started to show faint signs of life.
February 10, 2011
ACORD to Review LTC StandardsAn ACORD working group will be discussing progress on straight-through processing standards for long term care insurance applications at a conference in Atlanta.
February 10, 2011
New York Life To Pay LTCI Dividend For 7th Consecutive YearNew York Life announced on Feb. 11 that its LTCSelect Premier long-term care insurance product will pay a dividend to policyholders this year, at a time when many carriers are exiting the LTCI business.
February 10, 2011
Insurers to Treasury: Get Your Thoughts Straight, Then We'll TalkInsurance and reinsurance trade groups are asking the U.S. Treasury Department to get its act together before it tries to impose federal oversight on non-bank financial institutions deemed to be systemically risky.
February 10, 2011
Frank to Feds: Hire Insurance Experts Before Looking at InsurersRep. Barney Frank, D-Mass., has asked federal regulators to put off classifying insurers as "systemically risky" until key insurance posts are filled, and other House Financial Services Committee members are making similar requests.
February 09, 2011
PPACA: The Defunding Fight is OnThe House will likely vote to defund implementation of the Affordable Care Act when it takes up appropriations legislation next week, according to House Majority Leader Eric Cantor.
February 09, 2011
MLR Rule Comes Under Fire at CIAB EventRepublicans and at least one Democrat criticized the Affordable Care Act minimum loss ratio requirement today at a legislative meeting organized by the Council of Insurance Agents and Brokers.