Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Wilton Re To Reinsure Bankers Life Policies
By staff WriterConseco Inc. says it has agreed to a reinsurance arrangement that could increase the company's overall risk-based capital ratio by 9 percentage points.
November 20, 2009
Personnel Changes: Prudential, Conseco, OthersPrudential Financial Inc. has named Robert Falzon treasurer and John Fleurant controller.
November 19, 2009
Life settlements: New California law to regulate productA new bill regulating life settlements and forbidding stranger-originated life insurance policies has been signed into law by California Governor Arnold Schwarzenegger.
November 19, 2009
Senate Health Bill: Antitrust Lurks In The WingsDrafters left health insurer antitrust repeal out of the Patient Protection and Affordable Care Act bill, but a repeal amendment probably will surface when the bill reaches the Senate floor.
November 19, 2009
PBGC: Some Firms Enrich Execs, Shaft Pension PlansCorporate sponsors of 10 underfunded pension plans paid 40 executives a total of $350 million before dumping responsibility for the plans on the Pension Benefit Guaranty Corp.
November 19, 2009
NAIC Panel Seeks Comments On ACLI Derivatives ProposalA team of insurance regulators is seeking public comments on an American Council of Life Insurers proposal concerning the effects of derivatives-based hedging programs on life insurer risk-based capital calculations.
November 19, 2009
Third-Quarter Stats Pour InLife insurers had success with selling indexed annuities and whole life in the third quarter, but a tougher time with variable annuities and variable life products.
November 19, 2009
New York Passes Settlement BillThe New York legislature has passed S. 66009, a life settlement regulation bill.