All the headlines from our Life Insurance Topic Page, ordered by recency.
Aug 22 2005 // Pennsylvania Gov. Ed Rendell has urged state legislators to pass a law to have the state pay for the life insurance premiums for National Guard soldiers and airmen on active duty, and a leading Republican senator said he...
Aug 22 2005 // Massachusetts-based Allmerica Financial Corporation announced Monday that it has entered into a definitive agreement to sell its run-off variable life insurance and variable annuity business to The Goldman Sachs Group...
Jul 26 2005 // The 22nd Pacific Insurance Conference will be held at the Grand Hotel, Taipei, Taiwan on October 23 – 26, 2005. The 2005 conference features industry leaders making presentations, moderating panel discussions, and...
Jul 25 2005 // Leading U.S. life and property/casualty insurance and reinsurance companies and the four largest life insurance companies in Japan have jointly advanced a draft of basic insurance accounting principles that recognize the...
Jul 25 2005 // AEGON-CNOOC Life Insurance Company Ltd., the 50/50 joint venture of AEGON with China National Offshore Oil Corporation (CNOOC), has signed national cooperation agreements with two leading banks in the People’s...
Jul 25 2005 // U.S. Rep. Debbie Wasserman Schultz, D-Fla., was outraged when she applied for additional life insurance and was denied because she might travel to Israel at some unspecified point. So now she’s planning to file a...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty, and reinsurance executives say that underwriting...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty and reinsurance executives say that underwriting...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty and reinsurance executives say that underwriting...
Jun 20 2005 // Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer. Mickan’s appointment is effective June...
Jun 14 2005 // A major life insurance company and insurance consulting firm will pay $1.3 million to resolve allegations that the insurer brokered a lucrative deal involving hundreds of thousands of dollars in undisclosed commissions in...
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next?From the 1980s until recently, insurance giant American International Group and its top executives “routinely engaged in misleading...
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next?– Maurice “Hank” Greenberg, AIG CEO, 1992From the 1980s until recently, insurance giant American International Group...
Jun 3 2005 // MassMutual Financial Group in Springfield, Mass. has given Robert J. O’Connell notice of termination as chairman and chief executive officer “due to certain issues, subject to his rights under his employment...
May 25 2005 // John J. Kelly, chairman of the Board of New Orleans-based Pan- American Life Insurance Company, announced the appointments of Kenneth C. Mlekush and Nicholas R. Rasmussen to the company’s Board.Both have extensive...
May 23 2005 // Most everything I know about growing my book of business I learned from the J. Paul Getty Museum in Los Angeles. My lessons learned do not come from the beautiful and historic works of art, rather, my lessons learned are...
May 23 2005 // What is a life settlement? Simply put, a life settlement is the sale of an unwanted, no longer effective life insurance policy. It may potentially be a better solution with a greater cash settlement than lapsing or...
May 23 2005 // The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions.A...
May 23 2005 // The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions.A...
Apr 13 2005 // China’s PICC Property and Casualty Co. Ltd., the country’s largest P/C insurer, is poised to enter the rapidly expanding Chinese life insurance market with the announcement that it is forming a joint venture...