Many small business owners struggle to find affordable, easy and effective ways to reward and retain key employees. So-called endorsement split-dollar life is often a viable, yet little-known solution, that can be offered to select employees.
Cynthia Mallett, Vice President, Industry Strategies & Public Policy, Corporate Benefit Funding at MetLife, testified yesterday for ACLI at the Department of Labor’s ERISA Advisory Council hearing, “Issues and Considerations around Facilitating Lifetime Plan Participation.”
Who’s happier with their health plan—those in “traditional” managed care plans, or those in so-called “consumer-driven” and high-deductible plans? Data from EBRI show that the overall satisfaction rate among CDHP enrollees is gradually increasing, while it is gradually decreasing among traditional enrollees.
Teresa C. Sheppard, an account manager for Campbell Insurance in Brookneal, Va., was presented the 2014 National Outstanding CSR of the Year Award.
Louisiana Attorney General Buddy Caldwell filed lawsuit against State Farm Insurance alleging the nationwide insurer has engaged in a pattern of unfair and fraudulent business practices aimed at controlling the ... Read →
After promising not to withhold government information over “speculative or abstract fears,” the Obama administration has concluded it will not publicly disclose federal records that could shed light on the ... Read →
Transamerica has undertaken a program to merge and rename certain of its statutory insurance companies to further leverage the strength and distinctiveness of its iconic brand. The majority of the rebranding program, which is subject to regulatory approval, is expected to be completed later this year.
For the sixth consecutive year, health care costs climbed for a family of four in Virginia and North Carolina as reported in Scott Benefit Services' recently released 2014 Mid-Market Benefits Benchmarking Survey results.
Total U.S. annuity sales reached $61.4 billion in the second quarter, improving 8% from the prior year, according to LIMRA research.
Insurers that predominantly write personal lines of insurance do a better job in satisfying their small-business customers than insurers focused more on commercial lines, according to the J.D. Power 2014 U.S. Small Business Commercial Insurance Studyjust released.
Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announces that Andrew McMellin, currently chief executive officer of the Group’s U.S. underwriting hub, will become CEO of the London hub during the first half of 2015.
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A Hazleton, Pa., insurance agency and financial services firm entered a plea agreement with federal officials on charges that he bilked clients of his Hazle Township investment firm of more ... Read → Read »
U.S. District Court Judge Malachy E. Mannion sentenced August John Stile, Jr., age 50, of Hughestown, Pennsylvania, to 46 months’ imprisonment for defrauding investors of approximately $310,000, his second federal conviction for fraud since 2001. Read »