Brokers Sell More VAs, Study Finds
By Trevor ThomasApparently shaking off the bad publicity from a series of state and federal investigations into variable annuity sales, brokers and other investment professionals increased ...
August 03, 2005
Moodys Says Outlook For Life Insurers Is StableThe ratings outlook for life insurers is stable although companies will have to monitor the risks associated with selling variable annuities with guarantees and ...
August 03, 2005
Report: Uniform Regulation Could Save $600 MillionAdoption of an optional federal charter system could cut life insurers' regulatory compliance costs about 55%.[@@]Researchers at the American Council of Life Insurers, Washington, ...
August 03, 2005
Brokers Choose Firm To Administer Small Group Benefit PlansDigital Insurance Inc. says 5 insurance brokerage firms have hired it to take over administration of some of their small group benefit accounts.[@@]The firms ...
August 03, 2005
NASD Non-Cash Comp Proposal Stirs OppositionThe insurance industry and regulators are clashing over a proposal of the National Association of Securities Dealers to expand non-cash compensation prohibitions to include ...
August 03, 2005
Activist Group Blasts PacifiCare DealThe Foundation for Taxpayer and Consumer Rights is calling for California regulators to put strict limits on efforts by UnitedHealth Group Inc. to acquire ...
August 03, 2005
CIGNA Net Rises As Enrollment FallsHealth plan membership continued to drop at CIGNA Corp. in the second quarter, but the company still produced a big increase in profits.[@@]CIGNA, Philadelphia, ...
August 03, 2005
Volatile LTC Market Buffets Universal AmericanLong term care insurance has not performed well this year for Universal American Financial Corp., Rye Brook, NY, as the company's second quarter results ...