Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Bank Annuity Sales Climbed In July
By Staff WriterStrong fixed annuity sales helped increase bank annuity sales to $4.5 billion in July 2008, up 32% from the total recorded in July 2007.Fixed annuity ...
October 10, 2008
Maxon: New Mental Parity Law Has LimitsThe new mental health parity law has important limitations and exceptions.David Rubenzahl, president of the Maxon Company, Irvington, N.Y., a benefit plan administrator, makes that ...
October 10, 2008
Labor Seeks Group Plan Genetic Information DataThe U.S. Department of Labor wants group health plans and health insurers to provide information about issues dealing with beneficiaries' genetic information.Labor will use the ...
October 10, 2008
Japanese Life Insurer Enters RehabilitationYamato Mutual Life Insurance Company Ltd. has filed for bankruptcy court protection and hopes to reorganize its operations.Yamato Mutual, Tokyo, had been trying to meet ...
October 10, 2008
MIB: Application Activity FallsU.S. life insurers received fewer requests for individual coverage in September 2008 than they received in September 2007, but they received more requests from older ...
October 10, 2008
Nationwide Mutual To Buy Some NFS Shares EarlyA large insurer says it may provide cash for investors by buying some shares of Nationwide Financial Services Inc. outside of a previously announced effort ...
October 10, 2008
What The Rating Agencies SayAlthough the outlook for the life insurance industry has been changed to negative, it is also important to look at individual company situations, say analysts ...
October 10, 2008
What The Rating Agencies SayAlthough the outlook for the life insurance industry has been changed to negative, it is also important to look at individual company situations, say analysts ...