Latest Life Insurance Headlines
All the headlines from our Life Insurance Topic Page, ordered by recency.
Rating Agencies Positive on ACE, Aon, Munich Re Deal for Combined, Sterling
Dec 18 2007 // The rating agencies have generally been positive about ACE’s acquisition of Aon’s Combined Life Insurance Company and Munich Re’s purchase of Sterling Life. The specific reactions were as follows: A.M....
S&P Details Actions Taken on ‘Public Information’ Ratings
Dec 10 2007 // Standard & Poor’s Ratings Services has announced various rating actions on insurance companies with public information (pi) ratings. S&P explained that “ratings with a ‘pi’ subscript are...
Research & Markets Releases ‘Snapdata’ Reports on India, Netherlands
Dec 7 2007 // Dublin-based Research and Markets announced the addition of “Snapshots India Non-Life Insurance 2007” and “Snapshots Netherlands Non-Life Insurance 2007” to their offering. The report on the Indian...
Supreme Court Lets Stand Virginia Viatical Insurance Law
Dec 4 2007 // The Supreme Court declined this week to rule on a case that tests whether states such as Virginia can regulate the sale of life insurance by policyholders to investors, a practice known as “viatical” or life...
S&P: Japan Non-Life Insurers ‘Show Improvement in Profits’
Nov 29 2007 // A report from Standard & Poor’s Ratings Services concludes that Japan’s top nine non-life insurers recorded ¥173 billion ($1.575 billion) in interim net profits for the first half of fiscal 2007 (ended...
Insurer Balks at Payment in Case of Clinton Neighbor Shooting
Nov 21 2007 // A man whose wife was shot to death — a killing that attracted national attention because the couple lived near Bill and Hillary Rodham Clinton — is trying to collect nearly half a million dollars on her life insurance,...
S&P Reports Ratings Gap ‘Narrowing’ between Middle East & UK Insurers
Nov 16 2007 // Standard & Poor’s Ratings Services has published “How Middle East Non-Life Insurers Are Developing From A Rating Perspective: A Comparison With The U.K..” S&P initially stated: “Middle...
Fitch Releases ‘Prism Scores’ for 99 U.S. Insurance Groups
Nov 7 2007 // Fitch Ratings has released a new report outlining the “Prism scores” for 99 U.S. life and non-life insurance groups using 2006 year-end data. “Prism is Fitch’s global stochastic economic capital...
States Support Life Insurance Law Caught Up in N.D. Conflict
Oct 18 2007 // N.H. commissioner weighs in on North Dakota insurance legislation Received by Newsfinder from AP Oct 16, 2007 19:34 Eastern Time Editors Note NH angle in 4th graf. By DALE WETZEL Associated Press Writer BISMARCK, N.D. (AP)...
R&M Snapshot of Czech Republic
Oct 9 2007 // Dublin-based Research and Markets has added “Snapshots Czech Republic Non-Life Insurance 2007” to their offering “Snapdatas Snapshots Czech Republic Non-Life Insurance 2007 provides 2005 year-end market...
Death Penalty Possible in N.Y. Life Insurance Killings
Oct 5 2007 // A New York federal jury is deciding whether two defendants will get the death penalty for a series of life insurance killings. Former postal worker Ronald Mallay and former insurance agent Richard James were convicted in...
Harleysville Looks to Boost Benefits Sales Through Commercial P/C Agents
Oct 5 2007 // Pennsylvania-based Harleysville Life Insurance Co. says it sees great opportunity—and a natural market connection—for developing employee benefits programs through the commercial lines business generated by the...
N.D. Commissioner’s Departure Sparks Debate on Conflict of Interest
Oct 1 2007 // Consumer spokesmen want a national group of insurance regulators to toughen its conflict-of-interest policies, in part because of questions raised by last month’s resignation of former North Dakota Insurance...
R&M Reports on Brazil Non-life
Sep 27 2007 // Research and Markets has added “Non-Life Insurance in Brazil” to their offering. The research firm said its new offering is “an essential resource for top-level data and analysis covering the non-life...
R&M Adds Datamonitor Global P/C Insurance Report
Sep 25 2007 // Dublin-based Research and Markets has added Datamonitor’s new report: “Global Non-life Insurance” to their offering. R&M said its “Global Non-life Insurance industry profile is an essential...
R&M Publishes ‘Snapshot’ of Canadian P/C Market
Sep 21 2007 // Research and Markets has added “Snapshots Canada Non-Life Insurance 2007” to their offering, as part of the research firm’s Snapdata series. The report “provides 2005 year-end market size data, with...
Maine Court Rules Employer May Offset Workers Comp by Disability Sum
Aug 10 2007 // An employer may use a payment to an injured worker under its group life and disability plan to offset its workers’ compensation benefit payment, the Maine Supreme Judicial Court has ruled. The plaintiff had argued...
News Currents
Aug 6 2007 // Oregon seeking comments on insurer assessments Oregon’s Department of Consumer and Business Services is seeking public comments on its proposed amendment of administrative rules relating to assessments against...
British Life Insurers Friends Provident and Resolution Agree on Merger
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,...
Oregon Seeking Comments on Insurer Assessments
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...
