Posts Tagged ‘life insurance’
Bill Would Let Life Policyholders Use ‘Living Benefit’
A bill that would allow life insurance policyholders to advance the payment of death benefits when they encounter costly and life-changing health conditions is moving in the state Legislature. Senate Bill 281 by Sen. Ron Calderon, a Democrat from Montebello, sailed through the Senate Insurance Committee Wednesday with unanimous approval. The bill [...]
The Life Insurance Industry Has Four Ways to Survive
LIFE INSURANCE & ANNUITIES • The Life Insurance Industry Has Four Ways to Survive • Income Annuity Sales Set Quarterly Record • Insurance Agents Embrace Financial Planning HEALTHCARE • Disease Management Reduces Hospital Admissions • Enrollment in Self-Insured Companies Up Significantly • AHIP Says Tax Would Raise Costs of [...]
Pre-existing Conditions Are Not Always a Barrier to Life Insurance
LIFE INSURANCE • Pre-existing Conditions Are Not Always A Barrier to Life Insurance IN CALIFORNIA • The AIG Settlement • 2013 Editorial Calendar NEW PRODUCTS & SERVICES • Tax Credit Eligibility Check • Term Life • Critical Illness and Accident Employee Benefits • Indexed Universal Life • Enrollment [...]
Premiums Increase as the Number of Insureds Declines for Life/Annuity Industry
Fifty two percent of Americans over age 18 do not own life insurance in 2012, compared with 51 percent last year, according to a Genworth Financial phone survey of more than 25,000 adults. However, based on annualized premium dollars, the industry grew 4 percent in 2011, according to LIMRA, and according to A.M. Best, it grew 3 percent in the [...]
Artemis in Trial on $4 Billion California Claim
Francois Pinault’s Artemis SA holding company went back on trial in a $4 billion California junk-bond case. Lawyers for the California insurance commissioner and Artemis gave opening statements today in federal court in Los Angeles. Arthur Shartsis, a lawyer for the insurance commissioner, said Artemis was liable for $4.33 billion in profits [...]
Life Company to Pay Up
Nationwide Insurance Company has agreed to pay an estimated $3 million to California beneficiaries of its life insurance policies, says state Controller John Chiang. Chiang began auditing insurance company practices in 2008, revealing an industry-wide practice of companies failing to pay death benefits to the beneficiaries of life insurance [...]
How Family Ties Shape Retirement Success
Practical retirement advice needs to include the fact that we live in the real world and have diverse needs and challenges. One factor that contributes to large differences in retirement planning and needs is a person's family situation. MetLife's Mature Market Institute, in partnership with the Society of Actuaries, recently studied how [...]
Employee Demand For Voluntary Benefits Exceeds Supply
Subscribe to Insurance Insider News by Leila Morris EMPLOYEE BENEFITS • Employee Demand For Voluntary Benefits Exceeds Supply • Communication Is Key to Successful Wellness Programs • Legal Benefits Are More Relevant Than Ever • Employees Need Help Evaluating Benefit Options HEALTHCARE • Healthcare Costs Continue to Rise • [...]
The Next ACA Deadline Is Just Two Months Away
HEALTHCARE • The Next ACA Deadline Is Just Two Months Away • Majority of Employers Haven’t Addressed Health Reform • House Votes to Repeal Health Reform Law • How Insurance Employers Are Responding to Rising Premiums • Limiting Non-Urgent Visits to ERs Won’t Save Money • Website Bashes Pharmacy Benefit Managers • Employees [...]
Stop CA Lawmakers From Eliminating Self Insurance For Small Employers
May 23 – by Leila Morris Subscribe to Insurance Insider News IN CALIFORNIA • Stop California Lawmakers from Eliminating Self Insurance for Smaller Employers! • Groups Mobilize Against Rate Regulation • Dental Plan Conference to Feature Talk on Exchanges HEALTHCARE • Tax Credit is Too Small to Motivate Employers to Offer [...]
