The largest event convening the life & annuity industry — the producers, carriers, wholesalers, capital, and platforms shaping the future of income and financial security. Three days. One ecosystem.
Life insurance underwriting reports are at the center of a class-action case involving allegations of mismatched medical and prescription records. Milliman denies wrongdoing, and the settlement awaits court approval.
The NAIC will formally establish at its upcoming meeting in Seattle a special working group to examine a life insurance claims settlement practice involving the use of retained asset accounts (RAA). This effort will specifically include a focus on consumer disclosure issues…
Application activity for individually underwritten life insurance was flat this past May at +0.2% year-over-year all ages combined, according to the MIB Life Index (SM). Strength in the fourth quarter of 2009 in the U.S. Life Index, has given way to fluctuating gains and losses exhibited in the first five months of 2010…
WASHINGTON, D.C. (May 18, 2010) — On Thursday, May 20, 2010, the National Association of Insurance Commissioners (NAIC) will hold
An interview with Chris Orestis, President of Life Care Funding Group Chris Orestis, president of Life Care Funding Group,
Blue Cross and Blue Shield of North Carolina’s annual profit for 2009 dropped by 42 percent from the previous year, mostly because of higher medical costs and a lack of membership growth, the company announced…
New MetLife Study Examines. For decades, American Baby Boomers have been characterized as a bloc of people who think and act as one monolithic generation. In both a series of Demographic Profiles and a new study, The MetLife Study of Boomers in the Middle, facts are emerging about how distinct the segments are.
BIRMINGHAM, Ala. A lawsuit filed by the Justice Department against 18 attorneys, law firms and companies seeks repayment for payments made on behalf of 907 Medicare beneficiaries who were part of the massive agreement. Filed in December, the federal lawsuit doesn’t seek a specific amount. “The complaint speaks for itself,” he said.
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