Many African-Americans are so worried about their financial situation that they may delay their retirement if the economy does not improve, according to a new survey.

Many African-Americans are so worried about their financial situation that they may delay their retirement if the economy does not improve, according to a new survey.

The U.S. Senate delayed for 30 days a proposed 23% cut in Medicare reimbursement payments to doctors that was scheduled to go into effect Dec. 1. The House is expected to vote on and pass the legislation by Nov. 30.

Most U.S. investors say that any financial professional selling investments, including insurance agents, should operate under a “fiduciary standard” requiring them to put their clients’ interests ahead of their own.

Midlothian, Va.-based Auto Insurers of Virginia is now offering an AARP-branded auto insurance program from The Harford Financial Services Group.

Aetna has added “The 15-Minute Health Insurance Guide,” an animated, online tool to its website to aid consumers in picking the proper coverage.

Texas’ insurance commissioner is considering a rule to prohibit the use of discretionary clauses in life, accident and health insurance policy forms that allow insurers to determine what to pay to its customers.

While the Senate continues to muster support for an alternative to a government-run insurance program, it has won the backing by the AARP for another component of its proposed health reform legislation.

The American Association of Retired Persons (AARP) has endorsed the health reform bill passed by the U.S. House of Representatives, and touted by House Democratic leaders and Speaker Nancy Pelosi, and …  Read →

One day before a comprehensive health reform bill hits the House floor for debate, one of the insurance industry’s biggest trade groups is voicing its opposition.