Latest Life Insurance Headlines
All the headlines from our Life Insurance Topic Page, ordered by recency.
How a Multi-line Approach Can Strengthen Your Business
May 23 2005 // Most everything I know about growing my book of business I learned from the J. Paul Getty Museum in Los Angeles. My lessons learned do not come from the beautiful and historic works of art, rather, my lessons learned are...
Life Settlements — Understanding the Risks and the Benefits
May 23 2005 // What is a life settlement? Simply put, a life settlement is the sale of an unwanted, no longer effective life insurance policy. It may potentially be a better solution with a greater cash settlement than lapsing or...
CPCU Society Looking at IMSA-Type Body
May 23 2005 // The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions. A...
CPCU Society Looking at IMSA-Type Body
May 23 2005 // The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions. A...
PICC to Form Chinese Life Venture
Apr 13 2005 // China’s PICC Property and Casualty Co. Ltd., the country’s largest P/C insurer, is poised to enter the rapidly expanding Chinese life insurance market with the announcement that it is forming a joint venture...
Best Assigns FSR for Malayan Insurance Co. Inc.
Apr 7 2005 // A.M. Best Co. has assigned a financial strength rating of B++ (Very Good) to Malayan Insurance Company Inc. (MICO) (Philippines). The outlook is stable. The rating reflects MICO’s excellent capitalization, leading...
What Should be Industry Response to Ethical Lapses?
Apr 4 2005 // CPCU Society Looking at IMSA The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid rigging and...
CPCU Society Looking into IMSA Standards Model for P/C Industry
Mar 21 2005 // Should P/C Industry Response to Ethical Lapses Include a Self-Regulatory Body? The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image...
IPO Planned for New Okla. Life Insurance Co.
Feb 14 2005 // Former Oklahoma state legislator Wayne Pettigrew and former University of Oklahoma football stars Steve and Tinker Owners are among the backers of a proposal to start a new life insurance company with funds raised through...
N.Y. Issues Rule on Reserves for Universal Life Following Evidence of Under-Reserving
Jan 21 2005 // The New York State Insurance Department has issued a regulation requiring those who sell universal life insurance in the state to set aside adequate reserves in keeping with the spirit of an actuarial guideline that...
S&P Reports First Half Results in Japan’s P/C Sector Show Companies Still Under Pressure
Nov 30 2004 // Standard & Poor’s Ratings Services has issued a report noting that Japanese non-life insurance companies recently released results of for the first half of fiscal 2004, which indicate that underwriting...
Ga. Dept. Approves Cotton States Insurance
Nov 24 2004 // The Georgia Department of Insurance approved this week the proposed merger of Cotton States Life Insurance Company with a subsidiary of COUNTRY Life Insurance Company, and the affiliation of Cotton States Mutual Insurance...
Japan: Powerful, Beleaguered and Consolidating
Oct 25 2004 // Until Commodore Peary’s visit in 1848, Japan was one of the world’s most isolated countries, and it still remains rather unique. But something in the Japanese character and society enabled it to turn its back...
Life Insurers Get Taste of Spitzer Probe
Oct 15 2004 // For those in the life insurance industry who thought they could sit on the sidelines and watch New York Attorney General Eliot Spitzer go after some big property/casualty heavyweights, think again. According to reports on...
N.J. Agent Charged in Theft of Sales Commissions
Oct 10 2004 // New Jersey Attorney General Peter Harvey announced that a Monmouth County insurance agent has pleaded guilty to theft charges for stealing more than $43,000 in insurance sales commissions to which he was not...
Jurenek Joins Sales Team at Pan-American Life
Oct 7 2004 // New Orleans-based Pan-American Life Insurance Company announced that Suzanne Jurenek is the company’s new sales director for U.S. Life Sales. As director of U.S. Life Sales, Jurenek works with MGAs and producers to...
S&P Assigns ‘AA-‘ Ratings to Tokio Marine & Nichido Fire Insurance; Outlook Stable
Oct 1 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘AA-‘ financial strength and long-term counterparty ratings to Tokio Marine & Nichido Fire Insurance Co. Ltd. with a stable...
Soldiers Targeted: Ga. Regulator Expanding Life Insurance Sales Probe
Sep 27 2004 // A probe into improper sales of life insurance products to soldiers at Fort Benning, Ga. is expanding to other bases, other states, and as many as five companies, according to Georgia Insurance Commissioner John...
Stonebridge Life Insurance Company Qualifies as Newest Member of Ethics Standards Association
Sep 1 2004 // Stonebridge Life Insurance Company, domiciled in Rutland, VT, with administrative offices in Plano, TX, has qualified to become a member of the Insurance Marketplace Standards Association (IMSA), the national organization...
TV’s ‘Apprentice’ Now Life Insurance Star
Aug 24 2004 // Kwame Jackson, star of last season’s hit reality show The Apprentice, is giving Americans a dose of reality about the pivotal role life insurance can play in safeguarding a family’s finances and future plans....
