Two American International Group Inc. units, American General Life and Chartis U.S. Accident and Health, will merge their group benefits operations into a new organization to be called AIG Benefit Solutions…
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Despite a broad array of ways to buy life insurance– in person, by phone, by mail, through seminars, at the workplace and online– LIMRA’s 2011 Life Insurance Buyer/Non-buyer study found that only 39 percent of U.S. households recall having an opportunity to buy life insurance in the past two years…
By 2025, patient-doctor relationships and health care delivery will look radically different than they do today, according to the Institute for Alternative Futures…
Lincoln Medical and Mental Health Center officially announced an innovative program that allows artists of all disciplines the opportunity to exchange their creative services for medical care…
New York Life reorganized the company into two businesses: an insurance group and an investment group that includes its broker-dealer subsidiary…
A whistleblower lawsuit filed in Illinois accuses MetLife and Prudential Financial of failing to turn over to the state approximately $524.3 million in unclaimed property, despite having readily accessible information about the deaths of almost 5,000 policyholders…
Wells Fargo’s Student Insurance Division, based in Rancho Cordova, has crafted a new insurance package that provides concussion testing and medical care for high school athletes…
Several health insurers in New York have reached settlements with the state’s attorney general that require them to ensure their online provider directories are accurate by removing providers who no longer participate in their network and fixing listing errors for providers who do participate…
While Medicare, Medicaid, and Social Security are top priorities, and will likely receive the bulk of media attention, NCOA doesn’t anticipate any significant movement on these issues in 2012…
The DTCC released its full-year and December information on activity in the market for annuity products; inflows for all annuity types processed in December increased nearly 13%, or over $860 million, to $7.8 billion from $6.9 billion in November…
“This is a growth opportunity for American Enterprise,” said Michael E. Abbott, president and chief executive officer of American Enterprise. “We will be able to more rapidly increase market penetration.”…
Health insurers face a constantly evolving operating environment that now includes the PPACA, which is changing not only market dynamics for certain segments, but mandatory benefits and other requirements that can impact pricing…
A week after the Obama administration slapped Lake Forest-based Trustmark Life Insurance Co. for what it called an “excessive” rate increase, small insurers like United Security fear they may be the next in line for a public shaming…
The financial experts at WealthTrust-Arizona have developed five suggested recommendations for dealing with your investments in 2012…
In an election-year decision certain to disappoint religious conservatives, the Obama administration announced Friday that church-affiliated institutions will get only one additional year to meet a new rule to cover birth control free of charge…
New York Life Insurance Company has reorganized into two business units: the Insurance Group and the Investments Group, the firm announced…
New York Life Insurance Company, America’ s largest mutual life insurer, announced the re-organization of the company into two major business units: the Insurance Group and the Investments Group…
The U.S. Labor Department has tentatively approved Google Inc. to fund several employee benefit risks through its Hawaii- based captive insurance company…
Pacific Life received funding on December 28, 2011, for a $50 million pension risk transfer case-a process that took less than six months from client inquiry to plan funding-on the strength of an entirely unique approach to help de-risk pension plans: Insured Liability Driven Investing…
John Bethea, 55, of Trenton, N.J., admitted to stealing nearly $90,000 in Social Security disability benefits and using his brother’s Social Security number to obtain employment and worker’s compensation, U.S…
