Regional news: 
Life Insurance News
California officials predict that Standard & Poor’s (S&P) recent downgrade on the credit rating of U.S. government securities will not affect life insurers’ dealings with their consumers in the state.
Majority of middle-market baby boomers without financial advisors
Half of middle-market baby boomers say they lack the confidence to manage their investing, and fewer than 50% have contacted a financial services professional for help, according to a new survey from the Insured Retirement Institute.
Salt Lake City, Utah-based HealthEquity acquired health savings account (HSA) administrator First Horizon Msaver from First Tennessee Bank National Association for an undisclosed amount.
Between 19 million and 45 million American workers could be paying more for their benefits in the next two years as their employers replace their employer-paid and contributory benefit programs.
A new government report on long-term care insurance rate increases puts an end to “hyperbole” about how policyholders will act, according to a LTC industry official.
Standard & Poor’s Ratings Services lowered to “AA+” from “AAA” its long-term counterparty credit and financial strength ratings on the member companies of five U.S. insurance groups, following its lowering of the U.S.’s credit rating last week.
Investments of insurers ‘unaffected’ by S&P’s U.S. ratings downgrade
Insurers’ investments should not be affected by the decision of Standard & Poor’s Ratings Service to lower the U.S. government’s credit rating, according to state insurance commissioners.
The shift in voluntary sales from group to individual sales, which began in the last 10 years, continues, as group sales lagged behind individual sales by only $25 million last year.
Pacific Life Insurance Co. acquired JPMorgan Chase’s U.S. Pension Advisory Group, which it will rename Pacific Global Advisors.
Life insurers’ websites pique customer interest, spark action
Most life insurance policyholders want to use online services on their insurers’ websites, and insurers can benefit from website use to build a better relationship with their clients, a new study says.
Obama to force insurers to give out birth control when employers won’t
Group representing 119 in Congress calls individual mandate illegal
Insurer fined for charging unapproved rates on students’ policies
Brokerage firm pays $3.3M for bad-mouthing insurance broker
Employee benefit offerings only as good as the discussion about them
Sponsors of 401(k)s adding features to boost participants’ investment
Mercury Insurance seeks agents, unveils new commercial auto product
Most, least expensive 2012 car models to insure announced
Two insurance agents allegedly stole $422,000 from family brokerage
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