Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Insurers Work To Shape Accounting Revolution
By Jim ConnollyStaffers at accounting standards groups are laying the groundwork for efforts to develop international standards for the measurement "bases," or "attributes," used in accounting.The efforts ...
February 08, 2007
NASD Alerts Seniors About Life SettlementsThe NASD is warning seniors about the perils of viatical or life settlements--selling their life insurance policies for cash. For life insurance policies, there is no "transparent secondary market" making it difficult for seniors to tell if they are being offered a fair price; that plus high transaction costs--commissions of...
February 08, 2007
Administration , Democrats Spar Over Group HealthMichael Leavitt told insurance and reinsurance industry participants Wednesday that implementing the Bush fiscal year 2008 budget proposal as is would make the health insurance ...
February 08, 2007
Fitch Team To Rate Securitization DealsA rating agency is setting up a division that will evaluate securities linked to insurance.Fitch Ratings, New York, says the new insurance-linked securities team will ...
February 08, 2007
LSI Standardizes Reports On Requests For Policy BidsLife Settlement Insights L.L.C. says it has a new form that can make the process of selling a life insurance policy less mystifying.LSI, Cleveland, says ...
February 08, 2007
Retirement Plan Participation FallsEmployers are continuing to offer retirement plans, but fewer workers are enrolled in the plans.Researchers at the Employee Benefit Research Institute, Washington, have published figures ...
February 08, 2007
Manulife Unit Changes VUL GuaranteeJohn Hancock has updated the extended no-lapse guarantee rider that it sells with its Protect VUL variable universal life insurance policy.Hancock, Boston, a unit of ...
February 08, 2007
Manulife Unit Changes VUL GuaranteeJohn Hancock has updated the extended no-lapse guarantee rider that it sells with its Protect VUL variable universal life insurance policy.Hancock, Boston, a unit of ...