Running Your Business
Insights on how to run an insurance agency, along with coverage of agency management and agency technology news.
Bill May Cap Non-Qual Deferred Comp Accrual At $1 Million
By Arthur D. PostalThe Senate Finance Committee today approved with little debate a proposal that would sharply limit executive deferred compensation plans.Insurance industry groups are saying the non-qualified ...
January 16, 2007
Court Lets Cash-Balance Plan Ruling StandThe U.S. Supreme Court today declined to review a lower court ruling that allows companies to change traditional defined benefit pension plans into cash balance ...
January 16, 2007
Webster To Recognize American College Courses For CreditThe American College is trying to help make life easier for students trying to meet the new requirement that holders of the Certified Financial Planner ...
January 15, 2007
MphasiS Rolls Out Health Benefit Management SystemEldorado Computing Inc. has released a software package aimed at independent health plan administrators.The new HEALTHpac Fusion system includes a bundle of several new and ...
January 14, 2007
NCOIL Eyes Life Settlement RegState legislators are promising a thorough look at the issue of life settlements as they weigh what steps to take to curb the sale of ...
January 14, 2007
State Court Upholds Judgment For Former MassMutual CEOA Massachusetts court has upheld an arbitration panel's decision that Massachusetts Mutual Life Insurance Company must pay $50 million in severance pay to Robert O'Connell, ...
January 11, 2007
North Star State Official Sues Over Annuity Sales To SeniorsMinnesota Attorney General Lori Swanson filed suit Tuesday in Hennepin County District Court against a large life insurer.The suit alleges the insurer, Allianz Life Insurance ...
January 10, 2007
Hancock Extends CSC ContractA large U.S. insurance business is sticking with its current information technology vendor.John Hancock Financial Services, Boston, a unit of Manulife Financial Corp., Toronto, has ...