Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Life insurers see continued ratings downgrades
By Staff WriterU.S. life insurer losses continue, and so will ratings downgrades, according to the Associated Press. This means continued volatility for stocks. The AP cites a research...
December 16, 2008
Penn Treaty Offers Rehab PlanPenn Treaty American Corp. has entered into a nonbinding letter of intent to sell a long term care insurance subsidiary, American Network Insurance Company, and American Network's business operations to an undisclosed buyer.
December 16, 2008
Fort Dearborn Life Dental Network Grows to Largest in United StatesFort Dearborn Life, Chicago, has announced that their dental network, the DNoA Preferred Network, is now the largest in the United States.Since December 2007, the network has grown nationally by 26%. Several individual states have seen double digit
December 15, 2008
Whole Life LTC Product Includes Training BenefitsThe State Life Insurance Company has revised a life insurance policy designed for customers who want to use the policy to fund long term care.
December 14, 2008
The Risk Of Not Risk PoolingFor most of the 20th century, people who worked hard and remained loyal to the company were rewarded with a pension in retirement.
December 14, 2008
Net Capital Losses Consume 25% Of Industry Surplus In 9 MonthsThe 100 largest U.S. life insurance companies, comprising 84% of industry assets, reported net capital losses of $77 billion in the first 9 months of 2008, equal to 25% of their $307 billion of total surplus funds at the beginning of 2008.
December 14, 2008
Slump Lingers For LTC InsurersLong term care insurance is a purchase many consumers think they can postpone until economic conditions improve. As a result, LTC insurance sales ran into ...
December 14, 2008
Slump Lingers For LTC InsurersLong term care insurance is a purchase many consumers think they can postpone until economic conditions improve. As a result, LTC insurance sales ran into ...