Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
High Court Prepares To Hear ERISA Discretion Arguments
By Allison BellThe U.S. Supreme Court could hear oral arguments concerning a group benefits administration case April 23.The court has scheduled arguments on the case, Metropolitan Life ...
April 12, 2008
UL portfolio makes debutColumbus Life Insurance Co. decided to make its introduction of universal life policies memorable by launching three products instead of just one. Under the umbrella of the UL portfolio are three products: Explorer Plus, Indexed Explorer Plus and
April 12, 2008
OFC offers producer, consumer benefitsConsumers and producers could benefit from the implementation of an optional federal charter system for the insurance industry, according to a study by Dr. Laureen Regan, an associate professor at Temple University's Fox School of Business and
April 12, 2008
Whole life policy covers final expensesThe death of a loved one causes many headaches for those who are left behind. A final expense policy alleviates many of the troubles. Mutual of Omaha has introduced Whole Life Express, a policy that pays out directly to the named beneficiary so he
April 12, 2008
Social Security crisis no mythI really disagree with Jack Marrion's column ("Debunking the impending Social Security ?crisis,'" Aug. 2007 SMA) and suggest the Social Security crisis is right around the corner.Imagine YOU borrow money from MY IRA and I know it will be paid
April 12, 2008
Retirement worries the affluent, tooThe old maxim declares that money can't buy happiness. It seems an addendum to that says money can't buy peace of mind, either, at least according to the latest survey from Charles Schwab Institutional. The "Independent Advisor Outlook Study" shows
April 12, 2008
Senate Committee targets unsuitable reverse mortgagesReverse mortgages are a beneficial tool for seniors who wish to convert home equity into cash for living expenses or long term care. In fact, according to the National Reverse Mortgage Lenders Association, this income-generating strategy has
April 12, 2008
Cost containment, Efficiency can improveInsurance industry executives are constantly hunting for ways to improve efficiency and cut costs to remain competitive. Deloitte has done some of the work for them, with its 12th annual benchmarking studies, LIONS 2007 and ACES 2007, which look