American Heritage and Mutual of Omaha, along with an insurance administrator, have reached a $15 million settlement regarding a lawsuit over the sale of long-term insurance policies.

The decision will affect …  Read →

AXA Equitable Life Insurance Co. is revamping its flagship Athena Universal Life insurance policy.

The new policy is described by the company in a statement as “an innovative, hybrid development in …  Read →

A long-term care insurer bought the long-term care insurance business of Combined Insurance Co. of America.

MedAmerica is paying $70 million for the block of 11,000 contracts from Combined Insurance, which …  Read →

Human resources vice presidents and benefits managers constantly search for the best incentive programs to attract and retain key executives. Top executives are always looking for way to receive compensation …  Read →

Nearly 30% of long-term care costs are paid out-of-pocket, according to a new analysis, whose estimate is about 10% higher than previous reports.

The report by Avalere Health, funded by the …  Read →

Pennsylvania Insurance Commissioner Joel Ario missed the boat in allowing mega-size insurer Conseco to shirk its responsibility in honoring long-term care insurance policies that it sold through a subsidiary, Senior Health …  Read →