Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Medica To Run Own Disease Management Program
By Staff WriterA Minnesota health insurer says it will be taking member health improvement efforts in-house.Medica Health Plans, Minnetonka, Minn., says it will replace existing health management ...
April 15, 2008
Disability Insurer Completes Claims Reassessment ProcessUnum Group Corp. has paid about $676 million in extra benefits to claimants in connection with a review of past claims decisions, officials say.Unum, Chattanooga, ...
April 14, 2008
Companies renew ethics membershipThe insurance marketplace Standards Association, a standards-setting organization for the life, annuity and long term care insurance marketplace, has announced that several Prudential companies have qualified to renew their IMSA memberships.
April 14, 2008
Term premiums fall, others levelConsumers have seen premiums for term life insurance fall for the last decade or more, fueled by longer life expectancies and, according to the Insurance Information Institute, decreasing death rates in the 25-to-44 age group. While term rates will
April 14, 2008
Misunderstanding IRAs$4.6 trillion: Approximate amount Americans have saved in IRAs. 44%: Percentage of Americans who don't understand how IRAs work. 36%: Percentage of Americans who aren't sure if they are eligible to contribute to IRAs. 1
April 14, 2008
Mortality information beefed upThe American population continues to get older, and as it does, life insurers are going to need ever-better information about older Americans. Tillinghast, the insurance consulting practice of Towers Perrin, released its "Older Age Mortality Study"
April 14, 2008
Equity income62%: Percentage of financial advisors who think the right mix of fixed income and equities for retirees has changed over the past 20 years. 71%: Percentage of advisors who think retirees' and near-retirees' portfolios wil
April 14, 2008
Views of retirement waverThe ideal retirement age in the United States is 58. But, the most-often anticipated age for retirement is 64, a full six years later than most would like to call it quits. That is even though the average age Americans begin saving for retirement is