Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Vesta Reports Accounting Problems
By Dwayne Callender, Allison BellA Southern insurer says it has discovered material weaknesses in the effectiveness of its internal controls.[@@]The multiline insurer, Vesta Insurance Group Inc., Birmingham, Ala., ...
June 02, 2005
Lumby To Run Old Mutual UnitA United Kingdom financial services giant has named a new manager for its U.S. life insurance affiliate.[@@]The financial services company, Old Mutual P.L.C., London, ...
June 01, 2005
LTC Insurer Raises $100,000 For Alzheimers GroupBankers Life and Casualty Company says 1,800 volunteers helped it collect donations for the Alzheimer's Association on street corners in 80 cities earlier this ...
June 01, 2005
Broker Gives Peek At Life Settlement Deal VolumeAdvanced Settlements Inc. says the life settlement market is performing a real service for older Americans.[@@]The privately held Orlando, Fla., life settlement broker says ...
June 01, 2005
MassMutual Updates VA Accumulation Protection FeatureA large life insurer has rolled out a new version of a variable annuity feature that can protect VA investment earnings along with VA ...
June 01, 2005
Insurer Spars With Former President Over Severance PayStandard Management Corp., Indianapolis, says it has accepted the resignation of P.B. Pheffer, the company's former president and chief financial officer.[@@]Pheffer has been helping ...
June 01, 2005
TRIA, Reserving and IOLI Among ACLIs NAIC IssuesACLIJune6jc --xxx linesFlag: RegulationThe American Council of Life Insurers, Washington, says that it will weigh in on reserving and capital requirements, investor-owned life insurance ...
June 01, 2005
NAIFA To NAIC: Approve Resolution Rejecting Limited Term LicensesA major producer group reiterated its opposition to limited term insurance licenses, calling on state insurance regulators to adopt a resolution rejecting them.The National ...