Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Pacific Life Adds Sales Support
By staff WriterThe life division at Pacific Life Insurance Company is creating 6 new divisional sales organizations to help its 27 regional life offices.
January 07, 2011
New LTC Insurance Guides Give Tax Deductibility, RegulationsTwo new guides providing information on the 2011 tax deductibility limits and the regulations governing long-term care insurance (LTCI) have been published and are now available from the American Association for Long-Term Care Insurance.
January 06, 2011
Gerova Buys $1.2 Billion in Life SettlementsGerova Financial Group Ltd. has paid a total of about $105 million for a $1.2 billion portfolio of life insurance policies and loans on life policies.
January 06, 2011
Moody's: Health Rate Reviews a WorryThe possibility that federal regulators could politicize reviews of health insurance rate increase notices could be a financial risk factor for insurers this year, according to analysts at Moody's Investors Service.
January 06, 2011
CMS: Federal Health Spending Amounts to 54% of 2009 RevenueHealth care spending devoured 54% of federal revenue in 2009, up from 38% in 2008 and up from 28% in 2007.
January 06, 2011
CBO: PPACA Repeal Could Help Some, Hurt SomeRepealing the Affordable Care Act could make the cost of large-group health coverage slightly higher and make the cost of individual coverage somewhat lower, according to the Congressional Budget Office.
January 06, 2011
HHS Overhauls Consumer OfficeThe U.S. Department of Health and Human Services is moving the new Office of Consumer Information and Insurance Oversight into the Centers for Medicare and Medicaid Services.
January 06, 2011
Calif. Blue Seeks Big Individual Rate IncreasesSome healthy individual health coverage holders are dropping their coverage, and that shift is contributing to soaring individual health rates in California, Blue Shield of California says.