Life Insurance News
Talk isn’t cheap for employees trying to understand workplace benefits
Employees have a clearer understanding of the benefits available to them at work if they participate in a one-on-one benefits counseling session during enrollment, a new study finds.
MetLife modifying deal to permit AIG to sell equity securities earlier
American International Group said MetLife agreed to modify their agreement in connection with the sale of American Life Insurance Co. (ALICO) so AIG can sell MetLife equity securities earlier than permitted in the original terms of the sale.
‘Strong’ whole, universal life insurance sales spur overall growth
New individual premium written for individual life insurance increased 2% in the fourth quarter of last year, driving a small increase for the year.
Combined disability, medical coverage reduces risk of injury, leave
Employees who have both disability and medical coverage return to work more often and spend less time on leave than those without the integrated program, a new survey shows.
The likely actions of financial service professionals’ clients as gasoline prices continue to rise are far from clear, according to the latest IFAwebnews.com poll.
Self-employed tax filers can claim health premium payments for 2010
Self-employed people will see a 15.3% reduction in their self-employment tax because of a change in federal tax law.
Corporate pension obligations better funded than unions, public plans
While corporate pension funds “bit the bullet” on funding their pension plan obligations, public plans and unions could be in jeopardy of “going broke.”
Thomas B. Leonardi, a financier who advises the insurance industry tapped to serve as Connecticut insurance commissioner, was described by a state judge as “fast and loose” with a state fund he established to boost industry jobs in the state.
WASHINGTON – With the ink barely dry on various 2012 federal budget proposals, the Maryland congressional delegation began working on shaping the final product this week.
The number of applications filed for individually underwritten life insurance in January fell 2.3% compared to the same month in 2010, according to the monthly MIB Life Index. The first month of 2010 showed a 1.2% increase.

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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