Panels OK Clashing TRIA Measures
By Matt Brady, Arthur D. PostalHouse and Senate committees voted Wednesday to approve 2 very different Terrorism Risk Insurance Act extension bills.[@@]The current TRIA reinsurance program, which excludes group ...
November 16, 2005
NAIC Acts on Annuities, Limited Term ResolutionChicagoAmong the actions taken by regulators at the National Association of Insurance Commissioners' winter meeting were the adoption of the annuity nonforfeiture model regulation, ...
November 16, 2005
Annuity Benefits Paid On The RiseThe annuity benefits that insurers are paying out to contract holders are edging close to $50 billion annually, according to data in annual statement ...
November 16, 2005
Promises, PromisesPromises, PromisesThe announcement last week by Verizon Communications that it was freezing (a kinder word for terminating) the defined benefit plans of 50,000 of ...
November 16, 2005
How the Affluent Feel About Charitable Giving(and Their Wealth Generally)? More than half of high net worth individuals (53%) feel obligated to share their family's wealth with charitable causes, but ...
November 16, 2005
Blues Plan To Open Bank To Handle HSAsThe Blue Cross and Blue Shield Association wants to start its own bank to allow its companies' members to manage their health care spending ...
November 16, 2005
Ta Reform Delay A Relief To InsurersWashingtonThe Bush administration has decided to delay action on reforming the tax code until 2007, prompting relief from an insurance industry that had been ...