Life Insurance
The Best and Worst Company 401(k)'s
BOSTON ( TheStreet ) -- So just how good is your 401(k)? It's hard to know. Answering that question is the catalyst behind BrightScope.com, a company started in January by two brothers, Mike and Ryan Alfred, to uncover the good, the bad and...
Bracing for COBRA’s Bite
took the nations steepest and most pervasive economic decline since the Great Depression to force the government to reconsider the cost of COBRA. The 1986 law enacted to preserve terminatedworkers' access to the same health coverage provide...
US Court Tosses Law On Payments To Armenians
SAN FRANCISCO_A federal appeals court invalidated a California law Thursday that allowed heirs of Armenians killed in the Turkish Ottoman Empire nearly a century ago to seek payment on the life insurance policies of dead relatives. The 9th...
Available LTCi Elimination Period Options for Your Clients
Choosing the most appropriate elimination period of the long-term care insurance (LTCi) policy requires careful consideration. The elimination period refers to a specific period of time before the LTCi policy will begin to pay benefits or r...
ERISA Pros Launches Wrap SPD, Form 5500 Preparation, & Compliance Services for Welfare Benefit Plans
ERISA Prosreleased its proprietary Wrap-TightSM Plan Documents, SPDs (Summary Plan Description), Form 5500 Preparation, and Compliance Servicesfor Health Welfare Benefit Plans. Atlanta attorney, Bernard Kearse JD, LLM, founded ERISA Pros to...
AIG Names Jay S. Wintrob President and CEO of Domestic Life and Retirement Services
NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (AIG) announced today that Jay S. Wintrob has been named President and Chief Executive Officer of Domestic Life and Retirement Services, a new position. Mr. Wintrob, formerly Pr...
MassMutual Issues New Corporate Responsibility Report
Massachusetts Mutual Life Insurance Company (MassMutual) announced today the release of its latest Corporate Responsibility Report. The comprehensive report describes MassMutual's widespread social, philanthropic and environmental activities...
New Philanthropy Survey Shows Americans Over Age 50 Most Likely To Volunteer Time And Money
HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford Financial Services Group, Inc. (NYSE: HIG), in commemoration of the 25 th anniversary of its industry-leading AARP-branded auto and home insurance program, today announced the results of a new...
A.M. Best Withdraws Ratings of Four Former Subsidiaries of Aetna Inc. Following Affiliate Merger
A.M. Best Co. has withdrawn the financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of a- of Aetna Health Inc. (an Arizona corporation) (Phoenix, AZ), Aetna Health Inc. (an Oklahoma corporation) (Tulsa, OK), Ae...
A.M. Best Downgrades Ratings of Guaranty Income Life Insurance Company
A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to bb+ from bbb- of Guaranty Income Life Insurance Company (Guaranty Income) (Baton Rouge, LA). The outlook for both ratings is st...
Jobless Workers Flock to COBRA
A federal subsidy designed to make health insurance more affordable for laid-off workers has led to a doubling in the number of people who have opted to continue their former employer's coverage. The coverage, known as COBRA, allows people w...
term life insurance-Term life insurance is the original form of life insurance and can be contrasted to permanent life insurance
Term life insurance or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires coverage at the previous rate of premiums is no longer gu...
NY AG Suing Charles Schwab Over Securities Sales
New York Attorney General Andrew Cuomo filed a lawsuit Monday against Charles Schwab Corp., claiming the brokerage firm misled customers about the safety of auction-rate securities. Cuomo's office has been at the forefront of pushing brokers...
Something’s Gotta Give. And For Best Companies, It’s Not Employee Benefits
For some growing companies, weathering the current financial environment means making changes but not cuts. Ten companies have earned national acclaim for using business smarts to offer their employees extraordinary benefits in the face of a...
Conservative Group Rebukes NAACP in Beating of Black Man at Forum
ST LOUIS - A conservative African-American social networking group set out Monday morning to criticize the city's NAACP chapter for not supporting a black man who said he was beaten outside a forum on aging earlier this month. But the effort...
How Insurance Firms Drive Debate
Having grown up in one of the most conservative and Republican places in the country -- East Tennessee -- I understand why many of the people who are showing up at town hall meetings this month are reacting, sometimes violently, when members...
Insurance Industry Campaign Contributions Lean in Favor of Democrats
The insurance industry is spending more in this election cycle on Democratic candidates, a trend-breaking contribution pattern that puts Republicans behind for the first time since 1990. According to statistics maintained by the Center for...
Indexed Annuity Sales Set A Record For 2Q 2009
Forty-seven indexed annuity carriers participated in the 48th edition of the Advantage Index Sales Market Report, representing 99% of indexed annuity production. Total second quarter sales were $8.3 billion, up 21.2% from the same period la...
MetLife’s Enhanced Benefits Benchmarking Tool Provides Employers and Brokers with Trend Insights for Maximizing Benefits Return on Investment
NEW YORK--(BUSINESS WIRE)-- MetLife, a leading provider of employee benefits, announced today the availability of its enhanced Web-based Benefits Benchmarking Tool, designed to help employers and brokers maximize the value of their employee...
Anthem Blue Cross and Blue Shield in Missouri Announces Decision to Cover H1N1 Vaccine Administration
Anthem Blue Cross and Blue Shield in Missouri announced today that it will offer coverage for the administration of the H1N1 (swine flu) vaccine when it becomes commercially available to the general public. The vaccine administration will be...
Overregulation Plan Won't Fix Financial Crisis
Early on in the Obama administration, there were encouraging signs that his economic team was pursuing true regulatory reform and modernization, consolidating and combining functions of key financial agencies and moving away from the more i...
Consumer Reports Survey: HMOs Beat PPOs on Cost, Customer Support and Billing Services
With health reform looming, a new Consumer Reports survey suggests that consumers are ready for some changes. For survey respondents, median annual out-of-pocket costs for premiums increased by 38% in the past two years, and only 64 percent...
Former Insurance Exec Raps Industry PR
A former official with U.S. insurance giant Cigna has accused the industry of trying to manipulate public opinion over the healthcare debate. The insurance industry knows how to use hot words, buzzwords, buzz expressions that they know will...
Conn.'s Insurance Rate Approval Overhaul Proposed
HARTFORD, Conn._A coalition of state officials is suggesting new legislation to overhaul Connecticut's approval process for individual health insurance policy rates. The proposal comes after Insurance Commissioner Thomas Sullivan approved ra...
Prudential First Half Loss Narrows
LONDON_Prudential PLC, Britain's biggest insurer by market value, said its first half loss narrowed after a strong rise in U.S. sales and an increase in the value of the securities it holds. Shares in the company jumped 8 percent. The net lo...
North American Individual Life Application Activity Flat
North American application activity for individually underwritten life insurance remained flat in July (0%) compared to the same month last year, according to the MIB Life Index. Flat activity across both June and July 2009 is consistent wit...
Commentary: When interest groups go too far
Last week, Americans saw some disturbing images. During town hall meetings about health care reform, legislators and citizens were loudly interrupted and intimidated by members of the audience who refused to let them speak. We don't yet have...
Today's Picks
Blue Cross Blue Shield of North Dakota Names von Ebers
BISMARCK, N.D. Blue Cross Blue Shield of North Dakota has named insurance
Employee Benefits Selections
NEW YORK - (BUSINESS WIRE) - Millions of American workers will be making their
Obama Plan May Give Physicians leverage to press for
May 12 - WASHINGTON - The push to increase attacks health care costs by
Anthem Blue Cross and Blue Shield in Missouri
ST. LOUIS, Aug. 3 /PRNewswire/ -- Not just for teens anymore--social networking
Bank BOLI Assets Exceed $126 Billion in 2008
According to Report by Michael White and Meyer-Chatfield Radnor, PA, and
Cassidy: Movement of reforming health care reached
Copyright 2009 San Jose Mercury NewsAll rights reserved San Jose Mercury News
Family financial protection - Is your family covered?
Income protection, critical illness cover, income benefit and life insurance
Madoff IRS To Allow victims of theft loss deduction
Copyright 2009 Inc.All rights reserved Marketwatch.com MarketWatch 17 March
Job Shift insurers on premiums
Copyright 2009 Los Angeles TimesAll Rights Reserved Los Angeles Times 25 March
New York Life to pay the long-term care insurance
NEW YORK - (BUSINESS WIRE) New York Life Insurance Company announced today that
Employers Want To Save Money While Working With TPAs
The nation's sour economy has added a new step to the tango of self-insured
See consumers life insurance as a way to help offset
Americans believe life insurance can help bridge the gaps for loved ones
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- Insurance Industry Campaign Contributions Lean in Favor of Democrats
- Total Admitted Assets for Top 25 U.S. Life/Health Writers Dr
- Class Action Suit against Nationwide Insurance
- MetLife's Bank Passes Federal Government's Stress Tests
- Indexed Annuity Sales Set A Record For 2Q 2009
- Insurance Department Releases Report on Executive Compensation at State's Largest Blues' Plans
- New York Life’s Top Ratings Affirmed by All Four Major Rating Agencies
- Best Removes From Under Review, Affirms Ratings of Liberty Bankers Life Insurance Company and Subsidiary; Outlook Negative
- Bank BOLI Assets Exceed $126 Billion in 2008
- LIMRA/McKinsey Study Reveals How Life Insurers Can Optimize
