California Department Forces Changes In LTD Definitions
By Arthur D. PostalSettlement with UnumProvident could have broad ramifications for the industryWashingtonCalifornia Insurance Commissioner John Garamendi hopes to use his new settlement with UnumProvident Corp. to ...
September 07, 2005
Firm Develops Siteware For LTC AgentsSellingLTC.com L.L.C. has released a Web site design tool for long term care insurance agents.[@@]SellingLTC, Atlanta, says its new LTCI Website Marketing Module includes ...
September 01, 2005
The Care CalculationSales of long-term care insurance (LTC) have been plummeting. In 2004, sales of individual LTC policies dropped 25% over 2003 sales, marking the biggest decline...
August 17, 2005
Full Disclosures UL ReportMajor universal life companies remain committed to minimum premium long-term death benefit guarantees even as regulators are struggling with the question of adequate reserving ...
August 15, 2005
Phoeni Offers Premium Return On Term ProductsThe Phoenix Companies Inc. has introduced a return-of-premium option for its term life insurance products.[@@]The living benefit rider offers refund of premiums at the ...
August 03, 2005
Volatile LTC Market Buffets Universal AmericanLong term care insurance has not performed well this year for Universal American Financial Corp., Rye Brook, NY, as the company's second quarter results ...
July 29, 2005
Penn Treaty Replaces LTC Re ArrangementPenn Treaty American Corp. says it will be getting its long term care insurance reinsurance from Imagine International Reinsurance Ltd.[@@]Penn Treaty obtained 100% quota ...
July 28, 2005
StanCorp Sees Lower Benefits EpensesRelatively low group long-term disability claim rates were a bright spot at StanCorp Financial Group Inc. during the second quarter.[@@]StanCorp, Portland, Ore., the parent ...