Archive for the ‘Insurance’ Category

New York Legislature OKs bill regulating life settlements

Thursday, March 11th, 2010

New York's state Legislature has passed a bill that would to regulate life settlements, requiring brokers and intermediaries to get their insurance licenses...Investment News: New York Legislature OKs bill regulating life settlements

Viewpoint: Untapped Potential in Life Insurance

Thursday, March 11th, 2010

The middle-income market is significantly underinsured when it comes to life insurance. So why aren't these households flocking to their bank to buy this product? After all, they should be open to recommendations from their bankers, where trust regarding financial matters already is well established.Bankers are increasingly called upon to ...

Allstate Rate Increase in Mississippi Denied

Thursday, March 11th, 2010

On the Gulf Coast, the three-way tug-of-war between insurance companies, consumers and regulators continued in Mississippi, as Insurance Commissioner Mike Chaney rejected a rate filing from Allstate Mississippi that would have raised homeowners insurance rates an average of 65%. What is interesting about the request is that hurricane risk ...

Annuity Process Needs Streamlining

Wednesday, March 10th, 2010

Automation and standardization will be the keys to success for advisors and broker-dealers who handle annuities for retirees in the near future, say experts from The Depository Trust & Clearing Corporation (DTCC), based in New York City.A surprising amount of work is still done by paper and it may take ...

Breakfast Briefing International Edition: Roubini At Davos: Greece Is Obviously Bankrupt… German Economy Seen Growing… Oil Prices and China…

Wednesday, March 10th, 2010

.subtle { color: #888888; } • Roubini At Davos: Greece Is Obviously Bankrupt - businessinsider • China Regulator: Banks Should Reasonably Control New Loans - foxbusiness • Officials say stimulus bill to cost $75B more - finance.yahoo • German Economy Seen Growing At 1.4% In 2010 - foxbusiness • Oil ...

Lunch Linkage: Malpass: Near-Zero Rates Are Hurting the Economy

Wednesday, March 10th, 2010

.subtle { color: #888888; } • Unemployment Rate Falls to 10% - online.wsj • 10 Brands That Will Disappear In 2010 - businessinsider • Job creation near but likely to be painfully slow - finance.yahoo • Hiring managers say December is a great time to get a job - money.cnn ...

Suit Alleges $600 Million National Pre-Need Burial Insurance Fraud

Wednesday, March 10th, 2010

...Approximately 149,000 people in 47 states bought NPS pre-need funeral contracts through their local funeral homes. The vast majority of these pre-need funeral contracts were purportedly backed by life insurance policies issued by Lincoln Memorial and Memorial Service. Both Lincoln Memorial and Memorial Service were placed in receivership in Texas ...

July Housing Starts, Producer Prices Down

Tuesday, March 9th, 2010

Producer prices -- the price of products before they reach store shelves -- was down a whopping 6.8 percent over the past year, which is worrisome. It marked the biggest decrease in more than 60 years of record-keeping.PPI is the best indication of future Consumer Price Index, or the best ...

Rent advertising solutions

Tuesday, March 9th, 2010

now the Internet can be a way for you to advertise online, of course allows you to reach more people and locations in the past and generate more income does not matter what your product, is essentially an online advertising is a must now.one of the examples of sites that ...

Life insurance company to hire 300 in Charlotte

Tuesday, March 9th, 2010

Life insurance company Liberty National has opened three new offices in the Charlotte area – and is hiring 300 workers to staff them... The century-old company, a subsidiary of the Texas-based Torchmark Corp., is holding a job fair July 15...Observer: Life insurance company to hire 300 in Charlotte