Latest Life Insurance Headlines

All the headlines from our Life Insurance Topic Page, ordered by recency.

S&P: Japan Non-Life Insurers ‘Show Improvement in Profits’

Nov 29 2007 // A report from Standard & Poor’s Ratings Services concludes that Japan’s top nine non-life insurers recorded ¥173 billion ($1.575 billion) in interim net profits for the first half of fiscal 2007 (ended...

Insurer Balks at Payment in Case of Clinton Neighbor Shooting

Nov 21 2007 // A man whose wife was shot to death — a killing that attracted national attention because the couple lived near Bill and Hillary Rodham Clinton — is trying to collect nearly half a million dollars on her life insurance,...

S&P Reports Ratings Gap ‘Narrowing’ between Middle East & UK Insurers

Nov 16 2007 // Standard & Poor’s Ratings Services has published “How Middle East Non-Life Insurers Are Developing From A Rating Perspective: A Comparison With The U.K..” S&P initially stated: “Middle...

Fitch Releases ‘Prism Scores’ for 99 U.S. Insurance Groups

Nov 7 2007 // Fitch Ratings has released a new report outlining the “Prism scores” for 99 U.S. life and non-life insurance groups using 2006 year-end data. “Prism is Fitch’s global stochastic economic capital...

States Support Life Insurance Law Caught Up in N.D. Conflict

Oct 18 2007 // N.H. commissioner weighs in on North Dakota insurance legislation Received by Newsfinder from AP Oct 16, 2007 19:34 Eastern Time Editors Note NH angle in 4th graf. By DALE WETZEL Associated Press WriterBISMARCK, N.D. (AP)...

R&M Snapshot of Czech Republic

Oct 9 2007 // Dublin-based Research and Markets has added “Snapshots Czech Republic Non-Life Insurance 2007” to their offering“Snapdatas Snapshots Czech Republic Non-Life Insurance 2007 provides 2005 year-end market...

Death Penalty Possible in N.Y. Life Insurance Killings

Oct 5 2007 // A New York federal jury is deciding whether two defendants will get the death penalty for a series of life insurance killings. Former postal worker Ronald Mallay and former insurance agent Richard James were convicted in...

Harleysville Looks to Boost Benefits Sales Through Commercial P/C Agents

Oct 5 2007 // Pennsylvania-based Harleysville Life Insurance Co. says it sees great opportunity—and a natural market connection—for developing employee benefits programs through the commercial lines business generated by the...

N.D. Commissioner’s Departure Sparks Debate on Conflict of Interest

Oct 1 2007 // Consumer spokesmen want a national group of insurance regulators to toughen its conflict-of-interest policies, in part because of questions raised by last month’s resignation of former North Dakota Insurance...

R&M Reports on Brazil Non-life

Sep 27 2007 // Research and Markets has added “Non-Life Insurance in Brazil” to their offering. The research firm said its new offering is “an essential resource for top-level data and analysis covering the non-life...

R&M Adds Datamonitor Global P/C Insurance Report

Sep 25 2007 // Dublin-based Research and Markets has added Datamonitor’s new report: “Global Non-life Insurance” to their offering.R&M said its “Global Non-life Insurance industry profile is an essential...

R&M Publishes ‘Snapshot’ of Canadian P/C Market

Sep 21 2007 // Research and Markets has added “Snapshots Canada Non-Life Insurance 2007” to their offering, as part of the research firm’s Snapdata series. The report “provides 2005 year-end market size data, with...

Maine Court Rules Employer May Offset Workers Comp by Disability Sum

Aug 10 2007 // An employer may use a payment to an injured worker under its group life and disability plan to offset its workers’ compensation benefit payment, the Maine Supreme Judicial Court has ruled.The plaintiff had argued...

News Currents

Aug 6 2007 // Oregon seeking comments on insurer assessmentsOregon’s Department of Consumer and Business Services is seeking public comments on its proposed amendment of administrative rules relating to assessments against...

British Life Insurers Friends Provident and Resolution Agree on Merger

Jul 26 2007 // The board of Friends Provident PLC and Resolution PLC announced that they have agreed on terms to combine two of Britain’s largest life insurers through a stock swap.The new company, Friends Financial Group PLC,...

Oregon Seeking Comments on Insurer Assessments

Jul 23 2007 // Oregon’s Department of Consumer and Business Services is seeking public comments on its proposed amendment of the state’s administrative rules relating to assessments against insurers to fund regulatory...

S&P: Korean P/C Outlook Stable

Jul 5 2007 // “The outlook on rated Korean non-life insurers remains stable,” says a report from Standard & Poor’s Rating Services, “reflecting the expectation that underwriting performance may gradually...

S&P: Outlooks on Most Asia-Pacific Insurance Markets is Stable

Jul 5 2007 // The Hong Kong office of Standard & Poor’s Ratings Services has issued a report affirming the stable outlook on most of the insurance markets in the Asia-Pacific region. “They reflect strengthening balance...

Best Rates State Farm ‘A++’

Jun 12 2007 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A++” (Superior) and assigned issuer credit ratings (ICR) of “aa+” to State Farm Group and its P/C members and life affiliates....

Texas Alerts Agents About Investigation Into Nontraditional Product

May 30 2007 // The Texas Department of Insurance issued an alert to agents and consumers concerning a nontraditional insurance product offering it is investigating. The bulletin advised Texas insurance agents to exercise caution with...