Life Insurance News
First Guardian, Berkshire ProViderPlus product webinar set for Jan. 12
Guardian and Berkshire have released a new ProVider Plus series for their disability insurance portfolio, effective Jan. 3.
Federal securities regulators say a Texas-based life-settlement firm and three of its senior executives “systematically and materially underestimated the life expectancy estimates,” which in turn caused its shareholders to be “duped.”
The organization representing state insurance commissioners is promoting life insurance as an “overlooked” potential source of immediate funds.
LPL buying Maryland-based firm providing high net-worth solutions
LPL Financial, the nation’s largest independent broker-dealer, plans to acquire Fortigent, a Rockville, Md.-based provider of high-net-worth solutions and consulting services to RIAs, banks, and trust companies.
Revenue at nearly half of insurance agencies flat for 2011
A plurality of insurance agencies expect their revenue for 2011 to mirror that of the prior year, according to the latest IFAwebnews.com poll.
A trade group representing insurance agents and financial service professionals submitted its comments on the Federal Insurance Office’s Dodd-Frank study on modernizing and improving insurance regulation.
A Briarcliff Manor, N.Y.-based insurance company acquired a Wakefield, RI.-based employee benefit consulting and brokerage firm specializing in middle-market businesses.
Financial advisors, consumers must be on same page with disability insurance
“Significant” opportunities exist for financial advisors to better educate consumers about the risk of income loss from illnesses or accidents, and to better prepare them to mitigate loss, a new survey says.
The majority of insurance agency owners say they will not be giving bonuses or gifts to their employees to celebrate the holidays or the end of the year, according to the latest IFAwebnews.com poll.
Most insurance agents say they refer, eschew clients’ tax issues
The majority of insurance agents say they refer their clients seeking tax services to an accountant or certified public accountant, according to the latest IFAwebnews.com poll.

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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