Copyright 2010 Close-Up Media, Inc.All Rights Reserved Professional Services Close-Up March 14, 2010 Sunday 402 words Arizona State Retirement System…
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ASPPA summit attendees learn how working with Paychex clients brings direct payments, consolidated reporting, and exclusive Web tools. Independent, fee-based retirement advisors can now work with their clients through Paychex Retirement Services for a range of advantages, including direct automated payments, consolidated reporting, and tracking.
A New York state court rejected Lincoln Life & Annuity Company of New York’s attempt to rescind a $5 million dollar life insurance policy, ruling the company waived its rights to do so by accepting premium payments after it filed its lawsuit…
BrightScopeTM, Inc., an independent provider of 401k ratings, announced that the Allianz Life’s 401k plan – the Allianz Asset Accumulation Plan (AAAP) – scored 78 out of a possible 100…
Thrivent Financial for Lutherans said it recently experienced a break-in at one of its offices in Pennsylvania, and a laptop computer was among the items stolen…
Moshe Milevsky has some interesting finanical perspectives to share…
The DC insurance regulator announced this week he has rescinded a previously approved 35% increase in health premiums for CareFirst BlueCross BlueShield a not for profit insurer…
In the final quarter of 2009, a renamed insurance company subsidiary of American International Group Inc. became the No. 1 seller of fixed annuities overall in the United States, according to Beacon Research…
New York Life declared its first dividends to long-term care insurance policyholders in 2005. LTCSelect Premier policyholders qualify for the dividend payment when they reach their third policy anniversary…
Checks are headed to the mailboxes of 230,000 current and former Nationwide term-life insurance customers across the country, settling a class-action lawsuit against the Columbus-based company…
Jackson National Life Insurance posted net income of $670 million in 2009, up from a net loss of $1 billion in 2008, mainly on variable-annuity hedging and interest-rate derivatives…
The Individual Life segment of Lincoln National Corporation announced the enhancement of its variable life insurance line with the launch of Lincoln VULONE *(2010), a hybrid product that combines the no-lapse benefits of a universal life policy with the growth potential and protection of a variable policy with guarantees…
While AIG prepares to sell its two major life insurance operations in Asia for $50.7 billion, the company will retain a strong presence in the U.S. domestic life and retirement marketplace, and will keep its seat as the third-largest U.S. life insurer by capital and surplus…
Since Feb. 3, hundreds of investment professionals have participated in the second annual Insurance Linked Investments Awareness Month; making it the biggest online-only life settlement investment series of its kind…
There is strong appeal from variable annuity (VA) and variable universal life (VUL) policy holders to receive prospectus and related compliance documents electronically via e-delivery, according to a study…
Well-capitalized giants MetLife and Prudential picked up significant market share in 2009, while the likes of ING, Hartford and AXA fell behind…
Sales through direct channels represented more than 20 percent of the policies, about five percent of premium sold, and 13 percent of the total face value in 2008…
Medigap Market Position. The age 65+ senior segment with more than 45 million people is one of the most coveted target markets in the healthcare industry today…
New York Life Insurance Company announced that it scored highest in its industry in Fortune magazine’s annual survey of the “World’s Most Admired Companies”…
Copyright 2010 MarketWatch.com Inc.All Rights Reserved MarketWatch March 4, 2010 Thursday 5:42 PM EST SECTION: PERSONAL FINANCE; Personal Finance Daily…
