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Monday April 21st 2014

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‘Industry Updates’ Archives

Insurers to Annuity Owners: We Don’t Want More Money

Insurers to Annuity Owners: We Don’t Want More Money

Some insurers are telling owners of annuities they can no longer add money to older contracts with the richest guarantees. It isn’t often a business says, “Thanks, but no thanks,” when you try to invest more money with it. But that is what a growing number of life insurers are saying to people who, years back, bought the retirement-income [...]

Health Reform Booklet Now Available to Employers and Brokers Throughout California

Health Reform Booklet Now Available to Employers and Brokers Throughout California

An important brochure designed to help California’s small employer groups (2-50 employees) understand and prepare for health reform is now available to insurance brokers and their clients free of charge through Word & Brown. The brochure has been updated since its introduction in 2010 and reflects significant developments that have evolved [...]

Guide to Health Reform to Employers and Brokers

Guide to Health Reform to Employers and Brokers

An important brochure designed to help California's small employer groups (2-50 employees) understand and prepare for health reform is now available to insurance brokers and their clients free of charge through two divisions of The Word & Brown Companies: the Word & Brown General Agency and CHOICE Administrators. The brochure has been [...]

SeeChange Partners with Smokers’ Helpline To Offer Smoking Cessation

SeeChange Partners with Smokers’ Helpline To Offer Smoking Cessation

SeeChange Health Insurance, the leader in value-based benefit design solutions for small and midsized employers and the fastest-growing health plan in California, is partnering with the California Smokers' Helpline to offer a free smoking cessation program to its members.  The Helpline, also known as 1-800-NO-BUTTS, offers free, evidence-based, [...]

More Women Take Retirement-Plan Reins

More Women Take Retirement-Plan Reins

More than 90 percent of women recently surveyed agreed that in today's world, women need to be significantly more involved in financial planning than in the past, with the highest response (96%) coming from divorced women. Sixty-seven percent of women surveyed said that becoming more knowledgeable and involved in managing their finances has [...]

New York Life, Allianz Life Among Indexed, Income Annuity Leaders

New York Life, Allianz Life Among Indexed, Income Annuity Leaders

Income annuity results for Q4 2012 were $2.4 billion, an increase of 7.2 percent from last year and a 0.3 percent increase from Q3 2012. It was the third consecutive quarterly improvement, Beacon said. Year-over-year, income annuity sales increased 8.5 percent to $9.2 billion in their third-consecutive year of growth, and deferred income annuities [...]

How the Recession Changed Retirement Planning

How the Recession Changed Retirement Planning

The Great Recession was a game changer in many ways, including retirement planning. Some long standing rules and traditions became obsolete and others held true. What lessons did the Great Recession teach about retirement planning that will help future retirees? Real estate has seen a significant shift. Before, many seniors were thinking of their [...]

Helping Clients Regain Retirement Confidence

Helping Clients Regain Retirement Confidence

There is a silver lining to the lack of confidence seen today's in employees planning for retirement. Nearly 70% of workers say they need to save 10% or more of household income in order to have a financially secure retirement. Four in 10 put the goal at 20% or more. While those may be just guesses, they are at least in the right direction for [...]

California Rural Health Association Closes Shop

California Rural Health Association Closes Shop

The California State Rural Health Association, a unifying voice for the state's disparate rural health care providers for almost two decades, has laid off staff and closed its Sacramento office. The 16-member board of directors hopes to keep the trade association alive and active, "but it's becoming more difficult in this environment," said Dave [...]

California Fails in Healthcare Costs Transparency

California Fails in Healthcare Costs Transparency

A new national report gives California a "D" for its overall legislative effort to make healthcare cost information more accessible to consumers. California health care cost transparency laws are seriously lacking says a new study which looked at how much health care pricing information is readily available to consumers. Thirty-six states [...]

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