Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Conference Board: Salary Budgets Stagnate
By Staff WriterU.S. employers are holding increases in total salary budgets to a level comparable to the overall inflation rate.
February 09, 2010
Officials Blast California Health Rate IncreaseU.S. Department of Health and Human Services Secretary Kathleen Sebelius is objecting to an insurer's move to increase the cost of individual health insurance policies sold in California by 39%.
February 09, 2010
Penn Mutual names Vincent Monaco sales manager of New York City agencyThe Penn Mutual Life Insurance Company, Horsham, Penn., has announced the recent appointment of Vincent Monaco, CRPC, to sales manager at PCP Financial Partners, Penn Mutual's career agency in New York City.
February 09, 2010
StanCorp To Buy Back SharesThe board of StanCorp Financial Group Inc. (NYSE:SFG) has agreed to let managers repurchase 3 million more shares of the company's common stock.
February 09, 2010
Social Security served more seniors, DC plans pay more2.5 million - Number of people over 60 who receive income from a defined-contribution account; an additional 3.5 million receive income from a spouse's account.
February 09, 2010
ING introduces new indexed universal life productING, Minneapolis, has introduced ING Indexed Universal Life-Global (ING IUL-Global), a new indexed universal life insurance product that will offer interest crediting based on an indexed strategy option that includes two non-U.S. stock market indexes.
February 09, 2010
FinCEN Completes Terror, Money Laundering Search RegsThe Financial Crimes Enforcement Network says it will use a screening process to keep state, local and foreign law enforcement agencies from over-using their new access to financial institution search requests.
February 08, 2010
Ask the expert: What makes life settlements work?This article answers the question: What is the economic basis for life settlements? That is, what makes them "work" for the investor and customer?