Bank Groups Assert That West Virginia Bank Insurance Laws Are Preempted By GLB
By Steven BrostoffSteven BrostoffNU Online News Service, October 28--Four West Virginia statutes regulating bank insurance activities are preempted by the Gramm-Leach-Bliley Act, three banking associations say.In ...
October 27, 2002
VA Guarantees, Shadow Accounts, Debated By RegulatorsVA Guarantees, Shadow Accounts Debated By RegulatorsByReserving for guaranteed living benefits in variable annuities may be clarified if a proposed actuarial guideline advances toward adoption ...
October 27, 2002
Life Settlements Require A Complete Underwriting WorkupLife Settlements Require A Complete Underwriting WorkupByThe concept of a life settlement is receiving more notice in the life insurance industry. Some major insurers are ...
October 27, 2002
Phoenix Looks To Expand In The Bank MarketByMichael J. Gilotti admits the Phoenix Companies, Hartford, Conn., is not a big player in life insurance in the bank channel at the moment. But ...
October 27, 2002
Industry Says There Is No Authority To Limit Split-Dollar Tax StatusByWashington The Treasury Department and Internal Revenue Service have no authority to limit the tax-free nature of life insurance death benefits related to a split-dollar ...
October 27, 2002
What My Survey Revealed About LTC Market Trends TodayWhat My Survey Revealed About LTC Market Trends Today ByI was asked to give a speech this year on long-term care insurance market trends. To ...
October 27, 2002
Boomers Are Doing U-Turns On Aging, RetirementBoomers Are Doing U-Turns On Aging, RetirementByOver the past four years, insurance and financial services marketers have been quietly dropping boomer lingo from materials they ...
October 27, 2002
Profile The LTC Insurance BuyerIf youre selling long-term care insurance protection, youll find this statistic, courtesy of the U.S. Census Bureau, relevant to your prospecting: Every second, an American ...