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The Penn Mutual Life Insurance Company Names David M. O'Malley Executive Vice President and Chief Financial Officer (Business Wire via Yahoo! Finance)
Posted: March 22nd, 2010, 11:50am EDT
HORSHAM, Pa.----The Penn Mutual Life Insurance Company is pleased to announce that David M. O’Malley has been named Executive Vice President and Chief Financial Officer of the 163-year old company. -
The insurance anomaly, redux (Anchorage Press)
Posted: March 22nd, 2010, 11:38am EDT
The saga of the life insurance payout from the city to the trust of late former Mayor George Sullivan continues… -
An insurance anomaly (Anchorage Press)
Posted: March 22nd, 2010, 11:37am EDT
In January of 1982, when outgoing mayor George M. Sullivan had just ceded the reins of power to Tony Knowles, the Anchorage Assembly had a novel proposal. Assemblyman Gerry O’Connor presented a resolution recommending the municipality continue life insurance benefits for the former mayor, citing Sullivan’s recent triple bypass surgery which had the potential to render him unable to pass a ... -
ING Life lowers price of life insurance products offered through ReliaStar Life Insurance, ReliaStar Life Insurance (News-Medical-Net)
Posted: March 22nd, 2010, 10:45am EDT
The ING Life Companies, already a leading provider of term life insurance in the United States, have lowered much of the pricing on term life insurance products offered through ReliaStar Life Insurance Company and ReliaStar Life Insurance Company of New York. -
ING Lowers Rates and Updates Term Life Insurance Products (PRWeb via Yahoo! News)
Posted: March 22nd, 2010, 10:44am EDT
Lowers rates, adds 25-year level option, expands issue ages and more -
ING upgrades term life, cuts pricing (Hartford Business Journal)
Posted: March 22nd, 2010, 10:10am EDT
Dutch insurer ING Group, with operations in Windsor, says it has upgraded its term life insurance products and cut prices to preserve market share - a move that could trigger a price war with other issuers. -
The Penn Mutual Life Insurance Company Names Eileen McDonnell President (Business Wire via Yahoo! Finance)
Posted: March 22nd, 2010, 10:09am EDT
HORSHAM, Pa.----The Penn Mutual Life Insurance Company is pleased to announce that Eileen McDonnell has been named President of the 163-year old company. McDonnell has also been elected to the company’s Board of Trustees. -
Aflac Enhances Life Insurance Policy Offerings (PR Newswire via Yahoo! Finance)
Posted: March 22nd, 2010, 7:00am EDT
As Americans increasingly seek the most sound, reliable financial protection, Aflac , the number one provider of guaranteed-renewable insurance in the United States, today announced enhancements to its life insurance policies. -
Life insurance is as vital for women as it is for men (Pittsburgh Tribune-Review)
Posted: March 21st, 2010, 6:28pm EDT
Whether a mother works outside the home or dedicates her life as a homemaker, women are less likely than men to have life insurance, and if they die, their families could be thrown into financial chaos. -
Choice, Life Groups Slam Obama Order on Abortion Funding (Fox News)
Posted: March 21st, 2010, 11:48am EDT
Pro-choice and pro-life groups on Sunday strongly denounced a deal by pro-life Democrats and President Obama to ensure limits on taxpayer money for abortion services, outlined in a Senate health insurance overhaul now on the verge House approval. -
Envoy advises Indian expats to take life insurance policy (Gulf Times)
Posted: March 19th, 2010, 4:45pm EDT
Indian Ambassador Deepa Gopalan Wadhwa has advised Indian expatriates working in Qatar to take life insurance policy, launched by the government of India for people seeking jobs abroad. -
Andhra Bank, Bank of Baroda & UKs Legal in JV for life insurance (Express India)
Posted: March 19th, 2010, 4:15pm EDT
Public sector lenders Bank of Baroda and Andhra Bank on Friday floated a life insurance company in joint venture with UK-based risk, wealth and investment firm Legal & General. -
Andhra Bank, Bank of Baroda form life insurance company (The Times of India)
Posted: March 19th, 2010, 2:53pm EDT
There will be one more life insurance company in the country as Bank of Baroda, Andhra Bank and their British partner Legal & General on Friday announced the formation of their life insurance venture, IndiaFirst. -
American National Insurance creates NY unit (AP via Yahoo! Finance)
Posted: March 19th, 2010, 11:30am EDT
American National Insurance Co. on Friday announced the formation of a subsidiary based in New York. American National Life Insurance Company of New York will help introduce the company's products to the New York market, the company said. -
Hot job for hard times: life insurance agent (Greater Baton Rouge Business Report)
Posted: March 19th, 2010, 8:41am EDT
(From The Wall Street Journal ) One of the most old-fashioned occupations in finance is back in favor: the life-insurance agent. ( Registration required ) -
Experts Say Life Insurance is Important for Women (The Lakeland Ledger)
Posted: March 19th, 2010, 3:11am EDT
By BRENDA GUTIERREZ MCCLATCHY NEWSPAPERS Whether a mother works outside the home or dedicates her life as a homemaker, women are less likely than men to have life insurance, and if they die, their families could be thrown into financial chaos. -
Encharter Insurance's Ray Moore Helping Massachusetts with Auto Home Business and Life Insurance (PRWeb via Yahoo! News)
Posted: March 19th, 2010, 2:00am EDT
Ray Moore partners with Encharter Insurance to provide auto, home, business and life insurance to Massachusetts individuals and businesses. -
MS&AD to Seek Asian Life Insurance Alliances After Japan Merger (Bloomberg)
Posted: March 18th, 2010, 7:32pm EDT
March 19 (Bloomberg) -- MS&AD Insurance Group Holdings Inc., set to become Japan’s biggest casualty insurer after a three-way merger, said it’s in talks with Chinese and Indian firms to expand its life business as earnings growth stalls at home. -
A.M. Best Affirms Ratings of Investors Heritage Life Insurance Company and Investors Heritage Capital Corporation (Business Wire via Yahoo! Finance)
Posted: March 18th, 2010, 2:00pm EDT
OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of B+ and issuer credit rating of “bbb-” of Investors Heritage Life Insurance Company . Concurrently, A.M. Best has affirmed the ICR of “bb-” of its holding company, Investors Heritage Capital Corporation [IHRC.OB ]. -
Jackson National Life Insurance Company(R) Selects Thunderhead NOW to Streamline and Digitize Customer Communications (Marketwire via Yahoo! Finance)
Posted: March 18th, 2010, 6:00am EDT
IRVINE, CA--(Marketwire - 03/18/10) - Thunderhead, one of the world's leading providers of customer communications management technology, today announced that Jackson National Life Insurance Company (Jackson) has chosen the Thunderhead NOW platform to streamline the production and delivery of its policy documentation, correspondence and other personalized content. Thunderhead NOW will provide ... -
WWW.VIDARAPIDA.COM Now Offers Hispanic Consumers the Best in Online Term Life Insurance ... (Business Wire via Yahoo! Finance)
Posted: March 10th, 2010, 11:57am EST
LITTLETON, Colo.----“Hispanic and Spanish-speaking consumers now have the same access to fast, accurate and competitive online term life insurance quotes as English-speaking consumers,” announced Hal Schwartz, CEO of DMG Financial. “The Quick Life Center has completed a partnership with us to create Vida Rapida, www.vidarapida.com, which provides term life information ... -
DLF Pramerica Life Insurance opens branch in Gujarat (New Kerala)
Posted: March 10th, 2010, 7:42am EST
Ahmedabad, Mar 10 : DLF Pramerica Life Insurance Co Ltd (DPLI), a joint venture of a leading real estate development company in India, and Prudential International Insurance Holdings, Ltd (PIIH), a fully-owned subsidiary of a financial services leader headquartered in the U S, today inaugurated a new branch office here. -
MetLife to acquire life insurance unit from AIG for $15.5 bln (Vietnam Net)
Posted: March 9th, 2010, 8:02pm EST
MetLife Inc. is to acquire American International Group’s (AIG’s) overseas life and health insurance unit for 15.5 billion U.S. dollars, the company said Monday. -
Evolution of Life Insurance Industry to Accelerate, Says LOMA Survey (dBusinessNews.com)
Posted: March 9th, 2010, 7:25pm EST
ATLANTA -- The long-term outlook for the life insurance industry is for a faster pace of change, particularly in the use of technology. That was the conclusion of a survey of top industry executives by LOMA. -
Fitch Amends Various Jackson National Life Insurance Co. Subsidiary Ratings (Business Wire via Yahoo! Finance)
Posted: March 9th, 2010, 5:05pm EST
NEW YORK----The following Fitch Ratings press releases incorrectly stated that several Jackson National Life Insurance Co. subsidiaries carry Fitch Issuer Default Ratings : -
A.M. Best Downgrades Ratings of Atlanta Life Insurance Company; Places Ratings Under Review With Negative Implications (Business Wire via Yahoo! Finance)
Posted: March 9th, 2010, 2:37pm EST
OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength rating to B- from B and issuer credit rating to “bb-” from “bb+” of Atlanta Life Insurance Company . These ratings have been placed under review with negative implications. -
OnBase Helps Kansas City Life Insurance Company Get Nod as a 2010 Celent Model Insurer (PR Newswire via Yahoo! Finance)
Posted: March 9th, 2010, 8:16am EST
For insurers, it's one thing to find the right technology. Using it strategically to make a difference across the organization is quite another. Kansas City Life Insurance Company was able to make this happen when it identified a need for enterprise content management . -
CPA board OKs return of employees, retirees to govt life insurance (Saipan Tribune)
Posted: March 9th, 2010, 8:12am EST
All 192 employees and retirees of the Commonwealth Ports Authority will be returning to the Group Health Life Insurance after all. -
MetLife To Buy AIG's American Life Insurance Co. (Hartford Courant)
Posted: March 9th, 2010, 2:14am EST
American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government. -
China Life Insurance Says 2009 Profit To Triple (MalaysiaNews.net)
Posted: March 9th, 2010, 1:52am EST
HONG KONG -- China Life Insurance Co. shares were up 4% at midday in Hong Kong after the company said its net profit for 2009 could rise by 200% because of changes in accounting rules. In January, th... -
China Life Insurance Says 2009 Profit To Triple (Fox News)
Posted: March 9th, 2010, 12:23am EST
China Life Insurance Says 2009 Profit To Triple -
Idaho mothers need life insurance, too (The Idaho Statesman)
Posted: March 9th, 2010, 12:04am EST
Whether a mother works outside the home or dedicates her life as a homemaker, women are less likely than men to have life insurance, and if they die, their families could be thrown into financial chaos. -
CPA board OKs return of employees, retirees to govt life insurance (Saipan Tribune)
Posted: March 8th, 2010, 8:09am EST
All 192 employees and retirees of the Commonwealth Ports Authority will be returning to the Group Health Life Insurance after all. -
China Life Amends 2009 Profit Forecast to 200% Growth From 50% (Bloomberg)
Posted: March 8th, 2010, 8:06am EST
March 8 (Bloomberg) -- China Life Insurance Co., the nation’s largest insurer, said net profit may have climbed more than 200 percent in 2009 compared with the previous year, amending a forecast for 50 percent growth issued on Jan. 28. -
Meiji Yasuda Life Insurance Company - SWOT Analysis - New Report Published (OfficialWire)
Posted: March 8th, 2010, 6:51am EST
Meiji Yasuda Life Insurance Company - SWOT Analysis company profile is the essential source for top-level company data and information. -
AIG raises $15.5B in sale of Alico insurance unit to MetLife, will use proceeds to repay gov't (Minneapolis-St. Paul Star Tribune)
Posted: March 8th, 2010, 6:30am EST
NEW YORK - American International Group will sell its overseas life and health insurance unit for $15.5 billion to MetLife Inc., the insurer said Monday, as it attempts to repay billions in government aid. -
MetLife to Acquire American Life Insurance Company from American International Group for Approximately $15.5 Billion (Business Wire via Yahoo! Finance)
Posted: March 8th, 2010, 5:08am EST
NEW YORK----MetLife, Inc. announced today a definitive agreement to acquire one of American International Group, Inc.’s international subsidiaries, American Life Insurance Company , for approximately $15.5 billion. -
A.I.G. Is Set to Sell a Life Insurance Unit to MetLife (New York Times)
Posted: March 7th, 2010, 6:00pm EST
The American International Group was close to completing a deal to sell a big life insurance unit to MetLife for about $15.5 billion, people briefed on the matter told DealBook on Sunday, in what would be a second big transaction in one week to help repay its taxpayer-financed rescue. -
Life insurance in superannuation (Money Management)
Posted: March 7th, 2010, 3:06pm EST
As the debate about life insurance in superannuation continues to create divisions in the industry, Geoff Black explains the importance of maintaining the status quo. -
Buying a home: know the difference between mortgage life insurance and individual life insurance (Purcell Register)
Posted: March 7th, 2010, 1:28pm EST
(ARA) - For many new homeowners, it can be very confusing to decide whether you should buy an individual insurance policy from a reputable life insurance company to protect your new home from the unexpected, or if you should purchase a mortgage insurance policy through your lender. -
AIG to receive $231M termination fee if sale of Asian life insurance unit to Prudential fails (MalaysiaNews.net)
Posted: March 6th, 2010, 12:50pm EST
NEW YORK - American International Group Inc. will receive a termination fee of $230.6 million if the sale of its Asian life insurance business to Britain's Prudential PLC falls through. In a filing ... -
AIG to receive $231M termination fee if sale of Asian life insurance unit to Prudential fails (Minneapolis-St. Paul Star Tribune)
Posted: March 6th, 2010, 11:45am EST
NEW YORK - American International Group Inc. will receive a termination fee of $230.6 million if the sale of its Asian life insurance business to Britain's Prudential PLC falls through. -
A.M. Best Affirms Ratings of Pacific Life Insurance Company and Its Subsidiary; Assigns Rating to New Senior Notes (Business Wire via Yahoo! Finance)
Posted: March 5th, 2010, 12:30pm EST
OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of “aa-” of Pacific Life Insurance Company and its wholly owned subsidiary, Pacific Life & Annuity Company . -
A.M. Best Revises Outlook to Positive for Issuer Credit Rating of Starmount Life Insurance Company (Business Wire via Yahoo! Finance)
Posted: March 5th, 2010, 10:00am EST
OLDWICK, N.J.----A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit rating of “bbb” and affirmed the financial strength rating of B++ of Starmount Life Insurance Company . -
Insurance and risk management challenges in overseas clinical trials for U.S.-based life sciences companies (News-Medical-Net)
Posted: March 5th, 2010, 6:39am EST
The ACE Group of insurance and reinsurance companies today announced the availability of an informational white paper focusing on insurance and risk management issues faced by life sciences companies as they conduct business in the U.S. and globally. The paper, “Managing the Complex Challenges of a Global Insurance Program: Foreign Clinical Trials Case Study,” appeared in the November issue of ... -
Pennsylvania Life Insurance Lawyer Maintains That Denials From Insurance Companies Are All Too Prevalent (OfficialWire)
Posted: March 5th, 2010, 2:49am EST
Is it fair for parents to pay tens of thousands of dollars during their lifetime for a life insurance policy with the noble intention of providing for their children, and then when they die, the insurance company refuses to pay out the money? Certainly not. -
United Life Group Launches Information Portal for Burial Insurance (PRWeb via Yahoo! News)
Posted: March 4th, 2010, 3:56pm EST
United Life Group today announced the launch of www.BurialInsurancePlans.com as Learning Center and Market Place for Families to research, compare or purchase Burial Insurance Plans. -
NCDOT helps employees who lost life insurance (WBTV Charlotte)
Posted: March 4th, 2010, 3:38pm EST
The NC Department of Transportation is trying to help several hundred employees with their life insurance needs, after discovering that an employee committee canceled their polices years ago. -
London & Country launches one minute life insurance check (Money Marketing Online)
Posted: March 4th, 2010, 11:14am EST
London & Country has launched the One Minute Life Check which customers can use to see whether they are paying too much for their life insurance. Customers answer a few questions online, with the answers given determining if those who have existing policies are paying too much. -
A.M. Best Places Ratings of Jackson National Life Insurance Company and Its Affiliates under Review with Negative ... (Business Wire via Yahoo! Finance)
Posted: March 4th, 2010, 10:41am EST
OLDWICK, N.J.----A.M. Best Co. has placed the financial strength rating of A+ and issuer credit ratings of “aa-” of Jackson National Life Insurance Company, its wholly owned subsidiary, Jackson National Life Insurance Company of New York and their direct parent, Brooke Life Insurance Company under review with negative implications. -
New York Life Sets New Record for U.S. Life Insurance Sales in 2009, Achieving $1 Billion in Agent-Sold Premium for ... (Business Wire via Yahoo! Finance)
Posted: March 4th, 2010, 9:37am EST
NEW YORK----New York Life Insurance Company today announced record U.S. life insurance sales, up 14% through all distribution channels, a stark contrast to the decline in life sales industry-wide in 2009.* In addition, the company added more than 3,600 agents in 2009, reaching a new single-year record for recruits. -
Life insurance for late mayor raises eyebrows (Anchorage Daily News)
Posted: March 4th, 2010, 1:23am EST
The Anchorage Assembly has agreed to pay $193,000 from the city treasury to a trust led by Mayor Dan Sullivan to fulfill a one-of-a-kind life-insurance deal promised by the city nearly 30 years ago to his father, former Mayor George Sullivan. -
An insurance anomaly (Anchorage Press)
Posted: March 3rd, 2010, 8:10pm EST
In January of 1982, when outgoing mayor George M. Sullivan had just ceded the reins of power to Tony Knowles, the Anchorage Assembly had a novel proposal. Assemblyman Gerry O’Connor presented a resolution recommending the municipality continue life insurance benefits for the former mayor, citing Sullivan’s recent triple bypass surgery which had the potential to render him unable to pass a ... -
Major life assurers upbeat on 2010 outlook (The Nation - Thailand's English news)
Posted: March 3rd, 2010, 5:41pm EST
Siam Commercial New York Life Insurance (SCNYL) and Muang Thai Life Assurance are both bullish on business prospects this year, expecting premiums to grow 10-15 per cent after robust performance in 2009. -
Flood insurance back, for now (Orange County Register)
Posted: March 3rd, 2010, 12:42pm EST
Flood insurance is alive again. For now. President Barack Obama signed a bill that gives the National Flood Insurance Program – essentially the only way to protect a home against rising waters – a new life. Eh, through March 28. -
Life turns 'boaring' for insurance agent (The Hamilton Journal News)
Posted: March 3rd, 2010, 12:47am EST
FAIRFIELD TWP. - I expected Barney Riesbeck to look like Rambo after I was told by an employee in his State Farm Insurance office that he killed two wild boars - which outweighed him - with a knife last month during a Florida hunting trip. -
Tatas to buy AIG's stake in life insurance unit (rediff.com)
Posted: March 2nd, 2010, 3:38pm EST
A day after Prudential bought out AIG's Asia arm, AIA, top executives of both AIG and Tata AIG met the Insurance Regulatory & Development Authority to keep the latter abreast of developments.Sources at Tata Sons told Business Standard they had decided to buy out AIG's stake in the life insurance business. And, would consider inducting a partner at a later stage. -
After GINA, Where Do Life Insurance Firms Stand on Using Genomic Information for Coverage Decisions? (GenomeWeb News)
Posted: March 2nd, 2010, 12:35pm EST
Life insurance providers in the US may not be using genetic information to make underwriting decisions right now, but the lobbying efforts of a Maryland-based interest group to limit legal restrictions in this area suggest that the industry's unofficial moratorium on the use of genetic information may eventually come to an end. -
AIG sells Asian life insurance unit to repay bailout debt (Washington Post)
Posted: March 1st, 2010, 11:00pm EST
American International Group agreed on Monday to offload its prized Asian life insurance business for $35.5 billion, the troubled firm's largest asset sale since it was bailed out by the federal government during the height of the financial crisis. -
Arroyo signs law lowering life insurance tax (GMA News)
Posted: March 1st, 2010, 10:14pm EST
Life insurance is expected to become more affordable for Filipinos after a measure reducing taxes on premiums became law. -
AIG Sells Asian Life Unit to Prudential Plc for $35.5 Billion (BusinessWeek)
Posted: March 1st, 2010, 9:42am EST
American International Group Inc. agreed to sell an Asian life insurance unit with 20 million customers to Prudential Plc for $35.5 billion in the company’s biggest divestiture since it was bailed out by the U.S. -
AIG to sell Asian life insurance business to Prudential (Los Angeles Times)
Posted: March 1st, 2010, 9:41am EST
American International Group, which received more federal bailout money than any other firm, says it will return $25 billion from the deal to the government. In its biggest move yet to repay tens of billions of dollars in federal bailout money, American International Group Inc. agreed Monday to sell its Asian life insurance business for $35.5 billion. -
AIG To Sell Asian Life Insurance Unit In $35-Billion Deal (FOX 7 WTVW Evansville)
Posted: March 1st, 2010, 9:16am EST
American International Group, which was handed more than 182-billion dollars by taxpayers last year, is reportedly planning to sell its Asian life insurance unit for more than 35-billion dollars. AIG is the parent company of Evansville's American General Finance. -
Debevoise Advises AIG in Sale of Its Asian Life Insurance Unit (AIA) to Prudential PLC for $35.5 Billion (Business Wire via Yahoo! Finance)
Posted: March 1st, 2010, 8:42am EST
NEW YORK----Debevoise & Plimpton LLP is advising American International Group, Inc. in its agreement to sell American International Assurance , one of the world’s largest pan-Asian life insurance companies, to Prudential PLC for approximately $35.5 billion, including approximately $25 billion in cash and approximately $10.5 billion in face value in equity securities of Prudential. -
AccuQuote Reveals Common Life Insurance Mistakes (PRWeb)
Posted: March 1st, 2010, 8:08am EST
AccuQuote, a leader in providing term life insurance quotes to people across the United States, reveals common life insurance mistakes. The multi-carrier life insurance brokerage firm encourages consumers to learn what not to do when making a decision that will affect their family’s financial future. (PRWeb Mar 1, 2010) Read the full story at http://www.prweb.com/releases/2010/03 ... -
AccuQuote Reveals Common Life Insurance Mistakes (PRWeb via Yahoo! News)
Posted: March 1st, 2010, 6:00am EST
AccuQuote, a leader in providing term life insurance quotes to people across the United States, reveals common life insurance mistakes. The multi-carrier life insurance brokerage firm encourages consumers to learn what not to do when making a decision that will affect their family’s financial future. -
AIG to sell Asia life-insurance unit to Britian's Prudential PLC for about $35.5... (San Diego Union-Tribune)
Posted: March 1st, 2010, 5:28am EST
AIG to sell Asia life-insurance unit to Britian's Prudential PLC for about $35.5 billion. -
AIG to sell Asia life-insurance unit to Britian's Prudential PLC for about $35.5 billion (Minneapolis-St. Paul Star Tribune)
Posted: March 1st, 2010, 5:22am EST
NEW YORK - AIG to sell Asia life-insurance unit to Britian's Prudential PLC for about $35.5 billion. Comments are subject to the sites terms of use and do not necessarily reflect the opinion or approval of the Star Tribune.