All the headlines from our Life Insurance Topic Page, ordered by recency.
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...
Dec 13 2006 // California Insurance Commissioner John Garamendi on Tuesday announced that Prudential Insurance Co. of America agreed to settle its dispute with the division over alleged abusive practices. As part of the agreement,...
Dec 7 2006 // Wal-Mart has settled a nearly $5.1 million class-action lawsuit brought by the estates of 73 former employees in Oklahoma.A federal judge in Tulsa gave final approval Dec. 4 to the settlement, which calls for about a third...
Nov 15 2006 // Washington Insurance Commissioner Mike Kreidler has fined Verizon Wireless Services LLC of Bedminster, N.J., $25,000 for failing to sell service contracts under its legal corporate name, a violation of state insurance...
Nov 5 2006 // Chris Hughes, with Swingle, Collins & Associates, is the new president of the Independent Insurance Agents of Dallas. Swingle Collins reported that Hughes joins officer ranks with firm president, Frank Swingle, whose...
Nov 3 2006 // California Insurance Commissioner John Garamendi has reached a settlement with UnumProvident Corp., Provident Life and Accident Insurance Company, and Unum Life Insurance Company of America to ensure that all compensation...
Oct 27 2006 // Galveston,Texas-based American National Insurance Company has declared a quarterly dividend of 76 cents per share on its common stock, CUSIP #028591-105, payable Dec. 15, 2006, to shareholders of record as of the close of...