Five of the nation’s largest organizations representing the life insurance industry are voicing their support for optional federal insurance regulation to legislators.

In a statement issued June 15, the American Council …  Read →

Three states have passed laws targeting the controversial transactions called stranger-originated life insurance (STOLI).

Minnesota, Nevada and Vermont have passed what two industry trade groups opposing STOLI called “carefully-crafted statutes that …  Read →

As he continues the push for the federal regulation of insurance, Pennsylvania Rep. Paul E. Kanjorski, a Democrat, has reintroduced what he is calling a “minimum step” for more oversight …  Read →

The Obama Administration is looking to tax life insurance firms, securities dealers and large estates to raise money for some of its numerous reforms.

The Treasury Department is looking to raise …  Read →

A Pennsylvania congresswoman is among several sponsors of a bill to include long-term care insurance in employer-sponsored cafeteria plans and flexible spending accounts that has been introduced in Congress.

Allyson …  Read →

A life settlement industry trade group is taking issue with the published comments of a senior vice president for the American Council of Life Insurers regarding the amount paid in …  Read →

The prospect of a national “czar” for insurance regulation is again rearing its ugly head, according to a recent articleposted on IFAwebnews.com. The comprehensive story lays out arguments both pro …  Read →

Groups are lining up on both sides now that two members of Congress have formally introduced a bill seeking to create an optional federal charter through an Office of National …  Read →

A life insurance industry trade group is upset over a Japanese company’s application for approval to sell a cancer insurance product, saying Japan Post Insurance has an unfair advantage when …  Read →

A proposal to create an Office of National Insurance is being fine-tuned, as its sponsors determine whether to make a federal charter optional or mandatory for insurers who are deemed …  Read →