Running Your Business
Insights on how to run an insurance agency, along with coverage of agency management and agency technology news.
BHC Annuity Income Rises
By Staff WriterBank holding companies increased their earnings from the sale of annuities to $1.33 billion in first half 2009, up 1.7% from $1.31 billion in the same period last year, according to a report.
October 16, 2009
NAIFA Seeks Investor Act ChangesAn industry group is suggesting that the proposed Investor Protection Act be amended to allow broker-dealers and their representatives to offer a limited number of financial products without violating fiduciary standards proposed in the legislation.
October 15, 2009
Standard Promotes Retirement SavingsAn insurer is trying to get participants in 401(k) plans and other types of retirement plans, such as 403(b) plans, back on the offensive.
October 15, 2009
House Gears Up For Reconciliation ManeuverThe House Ways and Means Committee has agreed to send H.R. 3200, the America's Affordable Health Choices Act of 2009, to the House Budget Committee.
October 15, 2009
Broker: Big Carriers Set Health RatesCongress should be paying more attention to the effects of insurer consolidation on health coverage rates, a benefits broker says.
October 15, 2009
IRS Completes Pension Funding RegsThe Internal Revenue Services has posted a final rule that will affect how defined benefit pension plans measure assets and liabilities, including insurance contracts used to fund benefits.
October 15, 2009
NAIC Panels Vote To Re-Grade Mortgage SecuritiesState regulators are getting closer to hiring an outside firm to reassess rating agency evaluations of 17,600 residential mortgage-backed securities, an official says.
October 15, 2009
Life Settlement Securitizations Leave S&P ColdStandard & Poor's Ratings Services says that it sees inherent risks in securitizing life settlements and that it won't be rating this type of investment any time soon.