Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Allmerica Reports Lower 2nd Quarter Net Income
By Staff WriterNU Online News Service, July 30, 12:43 p.m. -- Allmerica Financial Corp., Worcester, Mass., is reporting a $56 million net loss for the second ...
July 29, 2002
NAIC Mulls Market Conduct Pilot DetailsNU Online News Service, July 29, 6:10 p.m. -- The National Association of Insurance Commissioners is still deciding how to collect data for a ...
July 29, 2002
Canada Life To Buy Royal Group Insurance UnitsNU Online News Service, July 29, 3:42 p.m. -- Canada Life Financial Corp., Toronto, says its U.K. division has agreed to buy the group ...
July 28, 2002
About Full DisclosureFull Disclosure is a policy comparison and evaluation software series designed for brokers, agents, financial planners and advisors active in upper market life insurance sales. ...
July 28, 2002
COLI Model Guideline Gets Another LookByPublic criticism over the sale of corporate-owned life insurance has regulators reexamining how the product is regulated.As a starting point, a 10-year old guideline (Model ...
July 28, 2002
Pennsylvania Gets Tougher Viatical Settlements LawByOn July 10, Pennsylvania Governor Mark Schweiker signed into law the Viatical Settlements Act, which provides for the regulation of viatical and life settlements ...
July 28, 2002
1st Quarter Surplus Inched Up 1.28%1st Quarter Surplus Inched Up 1.28%One hundred thirty companies, comprising 85% of life industry assets, posted their lowest first quarter surplus gain in 10 years, ...
July 28, 2002
Loan Language May Impact Split-DollarByWashington Despite industry objections, Congress agreed on executive compensation language barring personal loans to corporate executives that might affect split-dollar arrangements.But industry representatives say they ...