Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
NAIFA: IPA Bill Fiduciary Standard Unrealistic
By Arthur D. PostalThe National Association of Insurance and Financial Advisors is trying to change a fiduciary standard provision in a major new financial services reform bill.
October 05, 2009
GAO: Straighten Out DC Plan DisclosureCongress should consider putting tougher retirement plan fee disclosure laws in the Employee Retirement Income Security Act, according to U.S. Government Accountability Office officials.
October 05, 2009
Ario Wants Insurer LiquidatedPennsylvania Insurance Commissioner Joel Ario has concluded that Penn Treaty Network America is in worse shape than he originally thought, and he has asked a state court for permission to liquidate it.
October 05, 2009
2Q Variable Life Sales Rose 4.5% Over 1Q ResultsVariable life insurance sales with single premiums included at 10% for the 35 companies reporting in the VALUE survey for the second quarter of 2009 were $307.3 million.
October 05, 2009
Proposed Consumer Agency Wouldn't Oversee Retirement Product ProvidersProviders of retirement products will be exempt from oversight by the proposed Consumer Financial Protection Agency (CFPA) under a revision to the bill offered by Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee.
October 05, 2009
MIB: 45-69 Age Group AwakensU.S. life insurers received fewer requests for individual coverage from young applicants in September than they did in September 2007, but activity for older applicants was stronger.
October 05, 2009
NAIFA: IPA Bill Fiduciary Standard UnrealisticThe National Association of Insurance and Financial Advisors is trying to change a fiduciary standard provision in a major new financial services reform bill.
October 05, 2009
It's Showtime For SPIAsThe volatile investment markets have not dampened life insurers' willingness to take on longevity risk, which is the risk that annuitants outlive their life expectancy.