All the headlines from our Life Insurance Topic Page, ordered by recency.
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,...
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...
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...
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...
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....
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...
May 30 2007 // Standard & Poor’s Ratings Services latest report on the Japanese non-life industry concludes that, despite large payouts the sector remains relatively stable.However, 2006 was not a particularly good year....
May 21 2007 // Baby Boomers may be more likely to switch brands across a wide variety of products and services, including apparel, cars, prepared foods, and airlines, but when it comes to service oriented categories such as banking and...
May 16 2007 // Japanese baseball players are all the rage in the major leagues this year. Kei Igawa and Daisuke Matzuzaka have joined established stars such as Hideki Matsui and Ichiro Suzuki as imports on America’s premier teams....
May 15 2007 // Dublin-based Research and Markets has added “Snapshots Italy Non-Life Insurance 2007” to their offering. The new report analyzes 2005 year-end market size data, with 2006 estimates, 4 years of historical data...
May 3 2007 // The Florida Legislature has passed legislation allowing the Department of Financial Services and the Financial Services Commission to adopt formal rules that increase protections against deceptive insurance practices for...
Apr 27 2007 // California Insurance Commissioner Steve Poizner is alerting senior citizens and their families to make certain they or their loved ones are not victims of a pre-paid funeral scam which targeted the elderly in Southern...
Apr 20 2007 // The UK-based Aviva Group has announced expansion plans for the Russian market, aimed at achieving “a top five position within five years.”A year ago it launched Aviva Russia, which the bulletin indicated,...
Apr 4 2007 // Standard & Poor’s Rating Services has revised its outlook to positive from stable on Swiss-based life insurer Allianz Suisse Lebenversicherungs – Gesellschaft (ASL) and non-life insurer Allianz Suisse...
Mar 23 2007 // After searching for nearly two years for a company that would offer life insurance to Kansas Army National Guard troops, the Guard is now considering three potential options.The Legislature is trying to correct an...
Feb 16 2007 // A Montana state bill (H.B. 542) modeled after the federal “Military Personnel Financial Services Protection Act” (S. 418) was tabled in the Montana House Business and Labor Committee, chaired by Rep. Scott...
Jan 31 2007 // Washington’s Office of the Insurance Commissioner has ordered UnitedHealthcare Insurance Co. of Minneapolis to pay a $59,000 fine following an agency investigation into the company’s use of unapproved contracts...
Jan 18 2007 // Germany’s Allianz SE, Europe’s largest insurer in terms of gross premiums written, is set to get even bigger. The Munich-based Company announced plans to acquire the remaining 42.4 percent of the shares in...
Jan 5 2007 // A 1990 law automatically terminating life insurance policies between married couples when they divorce doesn’t apply to policies signed before the law passed, the Ohio Supreme Court ruled this week. In a unanimous...
Dec 19 2006 // Vermont officials are looking to ride the latest wave in captive insurance company formations– companies looking to reinsure life insurance policies.The Vermont Department of Banking, Insurance, Securities and Health...