More Flexible Reserving Gets Support
By Jim ConnollyByFlexibility is important to life insurers who say the standard valuation law should use asset adequacy testing rather than formulas to determine necessary reserves.Asset adequacy ...
February 05, 2004
N.Y. Life Hires Security ChiefNU Online News Service, Feb. 5, 2004, 12:29 p.m. EST -- New York Life Insurance Company has hired Leonard Mackesy to be corporate vice ...
February 05, 2004
Voluntary Benefits Survive Rising Medical RatesVoluntary Benefits Survive Rising Medical Rates ByPersistent medical insurance rate increases have dominated and will continue to dominate benefit discussions for the foreseeable future. Employers ...
February 05, 2004
Murphy Succeeds Kerzner At Woodbury FinancialNU Online News Service, Feb. 5, 2004, 1:33 p.m. EST -- Woodbury Financial Services Inc. has picked Brian Murphy to be its new president.[@@]Murphy ...
February 05, 2004
Senate Finance Committee OKs COLI ProvisionSenate Finance Committee OKs COLI ProvisionByWashington The life insurance industry is praising the Senate Finance Committees vote in favor of a corporate-owned life insurance measure ...
February 05, 2004
Penn Treaty To Issue $14 Million In NotesNU Online News Service, Feb. 5, 2004, 4:35 p.m. EST -- Penn Treaty American Corp., Allentown, Pa., says it is raising $14 million by ...
February 05, 2004
Industry Lines Up Against Savings Proposal In The Bush BudgetIndustry Lines Up Against Savings Proposal In The Bush BudgetByWashington The life insurance industry continues to oppose the Bush administrations proposal to establish Lifetime Savings ...
February 05, 2004
New Electronic HR Tools Are Hitting Their StrideNew Electronic HR Tools Are Hitting Their StrideByThe marketplace for electronic human resources solutions has been so fragmented and confusing that it barely has a ...