All the headlines from our Life Insurance Topic Page, ordered by recency.
Oct 17 2005 // USAA Casualty Insurance Co. v. Anglum, et al. (Colorado, Sept. 12, 2005) Ruling: The court held that an USAA auto policy unambiguously permitted the insurer to charge an adjusted premium for a newly acquired vehicle from...
Oct 17 2005 // USAA Casualty Insurance Co. v. Anglum, et al.(Colorado, Sept. 12, 2005) Ruling: The court held that an USAA auto policy unambiguously permitted the insurer to charge an adjusted premium for a newly acquired vehicle from...
Oct 12 2005 // HCC Insurance Holdings Inc. has agreed to acquire MIC Life Insurance Corporation from Motors Insurance Corporation, a subsidiary of GMAC Insurance Holdings Inc., for an undisclosed consideration. MIC Life is currently...
Sep 19 2005 // WellPoint, Inc. announced a series of leadership appointments, effective September 1, 2005, including naming Marjorie W. Dorr to the post of executive vice president and chief strategy officer.“As chief strategy...
Sep 13 2005 // Fitch Ratings has placed the ratings of five North American property/casualty insurance and reinsurance organizations on Rating Watch Negative Tuesday based on potential large loss exposures to Hurricane Katrina.The...
Sep 6 2005 // AmerUs Group Co. named Michael D. Boltz, 47, as executive vice president and chief information officer. Boltz will manage the company’s information technology division which supports the holding company, life...
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...