Life insurer wants states to ease insurance agent licensing exams

The company with the largest life insurance sales force in the U.S. says the licensing test for insurance agents is too tough so it is asking state regulators to ease the test.  Read Story

For decades, gay and lesbian couples have known the financial difficulties of living together without the protection of an official marriage. If the government doesn’t recognize a relationship, ...  Read →  Read Story

California issues subpoena to MetLife over unpaid death benefits

California’s insurance commissioner and state controller are investigating how MetLife handles its payment of death benefits, exploring practices they say “are not isolated, but are systemic in the insurance industry.”  Read Story

Ameriprise Financial is seeking a buyer for its Securities America brokerage business after reporting a $118 million expense to settle lawsuits against the unit.

Calif. trio ordered to return $358,000 to workers’ comp. insurers

A California wholesale bagel shop’s chief executive, her husband and the business’ account manager were sentenced in Santa Clara County Superior Court for their roles in a workers’ compensation scheme that bilked two private insurance companies of $358,000.  Read Story

All Risks partners to broaden, expand trucker and auto coverage

All Risks partnered with Canal Insurance Co. to expand its trucking coverage to Virginia and Delaware, effective April 15.  Read Story

Digital acquires Va. benefits company in its ‘aggressive’ expansion

Digital Insurance completed its eighth acquisition in the past eight months, part of its “aggressive” expansion mode in employee benefits in the small- and medium-sized business market.  Read Story

Supreme Court rejects call to jump into Va. health reform law case

The U.S. Supreme Court has rejected calls to intervene in the ongoing controversy over the legality of the Patient Protection and Affordable Care Act, the landmark health insurance legislation passed last year.  Read Story

After years of losing more customers than it could add, The Phoenix Cos. Inc. started having serious troubles with its investments in 2008 as the markets suffered the worst recession ...  Read →  Read Story

Congress, don’t tax life insurance death benefits

Congress definitely should not tax the $57.5 trillion in death benefits paid out from life insurance each year, according to the latest IFAwebnews.com poll.  Read Story