Running Your Business
Insights on how to run an insurance agency, along with coverage of agency management and agency technology news.
Task Force May Change Funeral Expense Guideline
By Staff WriterThe Life and Health Actuarial Task Force has posted an exposure draft of a proposed revision to Actuarial Guideline XXV.
January 27, 2010
House Panel Grills Witnesses Over Aid To AIGMembers of the House Oversight and Government Reform Committee are holding a hearing on federal financial assistance to American International Group Inc. (NYSE:AIG).
January 27, 2010
AIG Hearing Witnesses: We Had No Time To Get HaircutsThe U.S. financial system was in the midst of a "full-scale run" in the fall of 2008, and letting American International Group Inc. go bankrupt would have taken down its insurance company subsidiaries, Treasury Secretary Timothy Geithner said today.
January 26, 2010
Schapiro Continues To Press For Common Fiduciary StandardsU.S. Securities and Exchange Commission Chairman Mary Schapiro discussed her support for a common fiduciary standard for investment advisors and broker-dealers at a recent conference.
January 26, 2010
Seniors more engaged in civic activities in 200941% -- Percentage of seniors who attended a church-sponsored community activity of meeting in 2009, up from 12 percent in 2003.
January 26, 2010
Obama To Highlight AnnuitiesThe Obama administration will promote use of annuities to generate retirement income when it releases proposals for helping stressed middle-income families.
January 26, 2010
FINRA Weighs In On Social NetworkingThe Financial Industry Regulatory Authority has put out new guidance regarding use of social networking websites such as Facebook, Twitter and LinkedIn by FINRA member companies and those companies' brokers and reps.
January 26, 2010
FinCen Eyes Suspicious Life Settlement TransactionsA federal program that collects information about possible cases of money laundering is receiving some reports on life settlement transactions.