Rating Agency Prepares For Life Securitization Boom
By Steve TuckeyRating analysts at Standard & Poor's Ratings Services, New York, are expecting to see a big increase in life insurance securitizations.[@@]Securitization is the process ...
July 26, 2005
Hewitt: 45% Of Departing Workers Cash Out 401(k)sClose to half of workers who take part in 401(k) plans cash out of the plans when they leave their employers, according to researchers ...
July 26, 2005
Kehrer: Bank Annuity Sales Fall 27%Banks sold $3.2 billion in fixed and variable annuities in May, down 27% from the $4.4 billion total for May 2004.[@@]Bank and savings institution ...
July 26, 2005
Feds Post New Form 5500The Internal Revenue Service has posted advanced copies of the 2005 Form 5500, the tax form for employee benefit plans, on its Web site.[@@]The ...
July 26, 2005
AXA Financial Hires Web Brokerage VeteranAXA Financial Inc. has hired a former dot-com chief executive to be an executive vice president and head of marketing and product development.[@@]The executive, ...
July 26, 2005
House Votes To Increase Servicemember Coverage LimitRepublicans, Democrats and a Socialist from Vermont united in the U.S. House today to increase the maximum amount of voluntary group life insurance available ...
July 26, 2005
Aetna Offers Specialist Network In 11 More MarketsAetna Inc. will have Aexcel specialist networks in 20 markets in January 2006.[@@]Aetna, Hartford, says it has developed the Aexcel network by choosing physicians ...
July 25, 2005
PPO Group Starts Information ServiceThe American Association of Preferred Provider Organizations has set up a Web-based PPO information service.[@@]The information service, the PPO RapidResource service, offers PPO industry ...