Retirement Income Planning Needs A New Direction
By Jim ConnollyIt is becoming increasingly clear that a commonly accepted precept of retirement income management is sub-optimal for many retirees. It will have to be revised.
October 14, 2005
UnitedHealth Earnings Rise 21%Favorable medical cost trends helped UnitedHealth Group Inc. increase third-quarter net earnings 21%.[@@]UnitedHealth, Minneapolis, Minn., is reporting $842 million in net income for the ...
October 14, 2005
Firm To Market Policy Appraisals Through Internet ServiceLife Insurance Settlements Inc. will be using iPipeline to put life settlement forms on the Web sites of general agents.[@@]IPipeline is a Web-based service ...
October 14, 2005
Genworth General Counsel To Lead Ethics GroupThe board of the Insurance Marketplace Standards Association has confirmed Leon Roday as chairman.[@@]Roday, general counsel of Genworth Financial Inc., Richmond, Va., has been ...
October 14, 2005
Imagine Likely To Reinsure New Penn Treaty LTC BusinessImagine International Reinsurance Ltd. is getting closer to agreeing to reinsure new long term care insurance business written by Penn Treaty American Corp. through ...
October 14, 2005
NAIC OKs Guarantee ProposalsMembers of the National Association of Insurance Commissioners today approved measures that will affect standards for variable annuities with performance guarantees, universal life policies ...
October 14, 2005
Rating Firm Likes European MarketThe European life insurance market has suffered through 3 tough years, but it should do better in the future.[@@]Hans Wright, a credit analyst at ...
October 13, 2005
HCC Set To Acquire Life UnitHCC Insurance Holdings Inc. says it has agreed to acquire MIC Life Insurance Corp. from Motors Insurance Corp. [@@]HCC is not disclosing the price ...