Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Sometimes A Product Is Just Too Good
By Ara C. TremblyWhen it comes to the products we purchase with our hard earned (and shrinking) dollars, it goes without saying that we want good value and ...
December 13, 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 12, 2008
Senate approves retirement plan reliefThe Senate yesterday suspended minimum withdrawal requirements on retirement plans, MarketWatch reports. The relief applies for one year to distributions that would have to be taken in 2009. "By making minimum withdrawals from retirement
December 12, 2008
Georgia insurer pays $12 million in back-claimsThe Georgia state commissioner's office has ordered Blue Cross Blue Cross Shield of Georgia Inc. to pay additional claims of $12 million to policyholders for ambulance services, according to the Dawson Times, a local paper in Georgia. A
December 12, 2008
Businesses, seniors see pension relief through new legislationCongress approved legislation yesterday that will relieve businesses of making required contributions to their pension plans in the coming year. The plan will save billions...
December 11, 2008
Horizon Blue Adds Individual ProductsA Garden State carrier is introducing 3 plans.
December 11, 2008
Highmark Tries Brick And MortarA Mid-Atlantic health insurer is trying to reach out to customers by seeing them in person.
December 11, 2008
A change of (retirement) plans39% -- Percentage of boomers with retirement savings who have altered, or plan to alter, their savings strategy due to the economic downturn. 43%...