Oklahoma Insurance Department communications officer Glenn Craven has resigned a day after an email sent from the department included a slang term for a woman’s breasts…
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When it comes to retirement planning, most women prefer to make their own decisions but rely primarily on friends and family for advice…
President Barack Obama, struggling with a political storm that threatened to keep building, has revamped a mandate that would have required new employer health insurance plans, including plans for employees of Catholic hospitals, universities and charities, to cover costs for contraceptives, sterilization and abortion-inducing drugs…
Bank of America today announced a record 34 percent growth in health savings accounts in 2011, adding more than 50,000 accounts last year – more than 600,000 individuals and more than 2,000 corporations nationwide take advantage of these accounts through Bank of America…
The secondary life insurance market, once the preserve of big institutional investors, has been broadened by companies like Life Partners by selling to ordinary — and critics would say, unsophisticated — investors who sometimes rolled over their retirement savings…
In what attendees describe as an otherwise quiet gathering of the NAIC, commissioners and lobbyists engaged in an active effort to reverse Association policy on MLRs under the PPACA…
The European sovereign debt crisis and other economic factors are showing their impact on the 2011 results of Europe’s insurance and banking groups, forcing lower performance numbers on investments and banking operations …
Two index options added by Minnesota Life Insurance Company, a subsidiary of Securian Financial Group, to its Eclipse Indexed Universal Life Insurance products offer more account options and potential for higher interest crediting for indexed life insurance clients…
They are young, educated, and tech-savvy. Here’s how to get them to pay attention to you. Only 48.8 percent of 16- to 24- year-olds were employed between April and July in 2011, the smallest share since the government started recording data in 1948…
Deloitte issued the following news release:. While many employees and retirees hope to stretch their 401 plans well beyond their original purpose, 84 percent of polled executives responsible for such plans say only some or very few employees will be financially prepared for retirement, a new Deloitte survey reveals. Predictably, 401 plan sponsors view- as a top…
A bill that would require health insurance companies to cover diagnosis and treatment for autism is poised for passage next week by two Senate committees, a move intended to help youngsters get vital early therapy…
Manulife Financial Corp. reported a fourth-quarter 2011 net loss of $69 million on a $665 million goodwill impairment charge mostly on its John Hancock life insurance business in the United States…
Most people are familiar with the saying “life is short,” but it doesn’t seem to be much of a motivator when it comes to life insurance purchases – but a new survey from the nonprofit LIFE Foundation indicates that if people knew that their days were numbered, many would rush to buy life insurance if given the chance…
Minority Leader Tim Armstead, R-Kanawha, and others posed a couple amendments doing away with the first section of the bill that outlines 12 cost-containment measures for the Public Employee Insurance Agency (PEIA) board and director to pursue…
So, given the fact that many Boomers aren’t in a hurry to quit their day jobs, how has their outlook changed from their “pre-retirement” years – or has it? And how should marketers change their strategies, if at all, to adjust to Boomers and their current attitudes?…
UnitedHealthcare, a UnitedHealth Group company, has completed its acquisition of XLHealth Corporation, a sponsor of Medicare Advantage health plans with a primary focus on Medicare recipients with special needs, such as those with chronic illness and those eligible for Medicaid…
The Affordable Care Act’s state health insurance exchanges for small businesses are estimated to cover nearly 10 million employees, in addition to the 15.3 million individuals who will gain coverage through the individual exchanges when the law is fully implemented, according to an article in the February issue of Health Affairs…
Hospitals, doctors, dentists and mental health providers told the Senate Health and Welfare Committee that the state’s switch to managed care on Nov. 1 has meant delayed payments and complicated preapproval processes that have delayed treatment…
LIMRA and Kaplan Financial Education are partnering to provide a combined training and reporting platform to help insurers and annuity distribution firms fully satisfy the NAIC Annuity Suitability requirement…
American International Group has been forced to rethink its succession plans after its chairman Steve Miller announced he was taking a job as chief executive officer of an aviation manufacturer…
