The Principal Financial Group has unveiled Principal Universal Life Flex, which it says offers clients both flexible protection and greater cash accumulation in a single product.

Principal UL Flex gives customers ...  Read →  Read Story

New AIG CEO to earn $7 million annual salary

Helping return one of the nation’s largest insurers to prominence while repaying billions in taxpayer dollars will net new American International Group CEO Robert Benmosche an annual salary of $7 ...  Read →  Read Story

Teachers’ Insurance Plan donates $29,000 to education initiatives

Through its Quotes for Cash program, the Teachers’ Insurance Plan of NJ donated $29,000 for the 2008-2009 school year and more than $50,000 since the program’s inception in 2007.

The donation ...  Read →  Read Story

Jackson National Life sets record for retail sales in second quarter

The second quarter for Jackson National Life Insurance Co. produced the highest retail sales in the its history, the company said.

The company generated retail sales and deposits of $3.4 billion ...  Read →  Read Story

HMS was awarded a contract by ValueOptions, a Norfolk, Va.-based behavioral health care company, to perform coordination of benefits and overpayment services for its at-risk plans in Maryland and Pennsylvania.

The ...  Read →  Read Story

Slow reaction to claims costs Illinois-based insurer $200,000

Failure to live up to a promise of providing prompt investigation and settlement of claims has resulted in a $200,000 fine against an Illinois-based insurance company.

The Illinois Department of Insurance ...  Read →  Read Story

Norwalk, Conn.-based Affinion Security Center is offering its identity theft insurance in New York to its current members in the state, along with enrollees through their financial institution.

The new insurance ...  Read →  Read Story

Virginia regulators recently revoked insurance licenses to a number of agents and companies that failed to file a 2008 Annual Gross Premiums Tax Report on time, as required by Virginia ...  Read →  Read Story

HHS report: Insurers discriminate in pre-existing cases

About one-third of those people who tried to buy insurance on the private market were denied coverage because of a pre-existing condition over the last three years, a government analysis ...  Read →  Read Story

Most companies with sales under $10 million, and some much larger, don’t use budgets to help them meet profit goals. CEOs and operating owners reason the effort to learn how ...  Read →  Read Story