Banks that sell insurance make more green

Banks that sell insurance make more money than banks that do not, according to an analysis of 2008 bank data.

Banks with some insurance activity had 69% higher media net income ...  Read →  Read Story

Companies prepare to thaw frozen pension plans

Companies with frozen pension plans intend to change their investment strategy in the near future, reduce corporate pension expense volatility and place themselves one step closer to plan termination, a ...  Read →  Read Story

The former head of the National Association of Professional Financial Advisors (NAPFA) and a local Financial Planning Association (FPA) chapter has been accused in a $1.2 million fraud and kickback ...  Read →  Read Story

According to a story on IFAwebnews.com, CEOs of major life carriers say they are interested in obtaining new blocks of business.

Mass. AG settles bid-rigging lawsuit against Great American Insurance Co.

Great American Insurance Company has reached a $176,000 settlement with Massachusetts Attorney General Martha Coakley on allegations of bid-rigging.

The settlement resolves allegations that Great American submitted a fake and intentionally ...  Read →  Read Story

‘Healthy Howard’ program off to slow start

A program in Howard County, Md., providing low-cost health care for the uninsured is facing low enrollment numbers in its first seven months.

Peter L. Beilenson

Only about 200 people have ...  Read →  Read Story

ChFC designation adds executive compensation course

The American College is adding a new elective course – looking at the numerous plans offered to provide benefits to executives of business firms – and updating its curriculum for ...  Read →  Read Story

Delaware property-casualty firms announce merger

Two Wilmington, Del., property-casualty insurance firms announced they have finalized a merger to create the new Weymouth, Swayze & Corroon Insurance Inc.

R. Bruce Swayze

Weymouth & Smith, a property-casualty insurance ...  Read →  Read Story

The IRS has announced its new maximum contribution levels for Health Savings Accounts for next year, according to an article at IFAwebnews.com.

Maximum contributions to HSAs to rise in 2010

The maximum contribution to Health Savings Accounts in 2010 will rise, as the Internal Revenue Service seeks to reflect the increase in the cost of living.

The maximum contribution for employees ...  Read →  Read Story