Running Your Business
Insights on how to run an insurance agency, along with coverage of agency management and agency technology news.
AIG Announces $62 Billion Loss; Revamps Financing
By Arthur D. PostalAmerican International Group Inc. has reported a $62 billion net loss for the fourth quarter of 2008 and also has announced major changes in financing arrangements.
February 26, 2009
IRS Releases COBRA GuidanceThe Internal Revenue Service has posted a collection of answers to frequently asked questions about the new health benefits continuation subsidy.
February 26, 2009
Jury Upholds Lincoln PatentAn insurer has won a legal battle in connection with efforts to protect rights to a computerized method for administering a class of variable annuity features.
February 26, 2009
BNY Chooses ING To Run PlansThe Bank of New York Mellon Corp. has selected a benefit services administrator for its defined contribution retirement plan.
February 26, 2009
NAIC Announces 2009 Consumer RepsThe National Association of Insurance Commissioners has named its 2009 funded and unfunded consumer liaison representatives.
February 26, 2009
AALTCI: Consumers Buying Less Costly LTC CoverAbout 400,000 people bought long term care insurance in 2008.
February 26, 2009
Speakers: Life Settlements Positioned For RecoveryLife settlement brokers said here at the Life Settlement Summit that their business is poised for increased sales, despite the poor economy and recent revisions of mortality tables.
February 26, 2009
Obama Proposes Steep Medicare CutsThe Obama administration wants to cut Medicare Advantage spending $175 billion over 10 years and to keep the estate tax at current, inflation-indexed levels.