General Motors retirees sue Metropolitan Life to recover lost insurance benefits

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General Motors retirees sue Metropolitan Life to recover lost insurance benefits News from Crain’s Detroit Business: DETROIT — A group of 45 General Motors Co. salaried retirees filed a lawsuit against Metropolitan Life Insurance Co. after their life insurance benefits were reduced. Retirees listed in the suit — including former GM Chairman John Smale — [...]

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10 Things Life Insurers Won’t Tell You – Smartmoney.com

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10 Things Life Insurers Won’t Tell You – Smartmoney.comNews from 10 Things Life Insurers Won’t Tell You – Smartmoney.com: By JILIAN MINCER 1. We won’t try to find your family. Even if you paid every premium in full and on time, it may not be enough to ensure a payout will reach your beneficiaries when [...]

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Life Insurance, Critical Illness and Income Protection

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Life Insurance, Critical Illness and Income Protection News from MoneyExpert: What would you do if you were diagnosed with a life threatening illness and were unable to support your family?  It’s not something many people like to think about, let alone plan for, however life insurance is something everyone needs to consider. It can be [...]

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10 Things Life Insurers Won’t Tell You – Smartmoney.com

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10 Things Life Insurers Won’t Tell You – Smartmoney.comNews from 10 Things Life Insurers Won’t Tell You – Smartmoney.com: By JILIAN MINCER 1. We won’t try to find your family. Even if you paid every premium in full and on time, it may not be enough to ensure a payout will reach your beneficiaries when [...]

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FITCH: Japan’s non-life groups resilient after March earthquake

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FITCH: Japan’s non-life groups resilient after March earthquake News from Reuters: Mon Jun 13, 2011 8:06pm EDT (The following was released by the rating agency) Link to Fitch Ratings’ Report: Japanese Non-Life Groups: FYE11 Fundamentals Resilient Despite Insured Losses from the March Earthquake here June 13 (Fitch) Fitch Ratings says the Rating Outlook for Japan’s [...]

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Life Quotes, Inc. Asks, Does Life Insurance Cover a Terrorist Attack?

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Life Quotes, Inc. Asks, Does Life Insurance Cover a Terrorist Attack? News from Sacramento Bee: DARIEN, Ill., May 10, 2011 – /PRNewswire/ — There are a number of potential hazards covered by a life insurance policy, but after Sept. 11, 2001, everything changed. In total, 2,976 people perished in the aftermath of the World Trade [...]

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Commentary: Exploring the life insurance world

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Commentary: Exploring the life insurance world News from Bradenton Herald: People use insurance to protect the assets they own and the loved ones they leave behind. The main concept of insurance is spreading the risk. One of the most important lines of insurance is life. Life insurance came about in ancient Rome, where burial clubs [...]

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Women Underestimate Their Value, Don’t Buy Enough Life Insurance

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Women Underestimate Their Value, Don’t Buy Enough Life Insurance News from Financial-Planning.com: Advertisement We’ve all heard the statistics: Women still get paid far less than men and women’s work is undervalued by society. But a new survey released by The Penn Mutual Life Insurance Company on Friday reported something we may not have realized – [...]

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Connecticut CIO To Join MassMutual Life

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Connecticut CIO To Join MassMutual Life News from Emii.com: Connecticut Retirement Plans & Trust Funds CIO, Timothy Corbett, is stepping down from his role, effective May 20, 2011. Corbett will join Massachusetts Mutual Life Insurance as executive vice president and CIO. Corbett will join MassMutual on May 23, where he will be in charge of [...]

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Cash-strapped states go after unclaimed benefits

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Cash-strapped states go after unclaimed benefits News from USA Today: By David Pitt, Associated Press Billions of dollars in unclaimed life insurance benefits are at the center of a legal wrestling match as cash-strapped state governments step up their efforts to make sure insurance companies properly account for the funds. AP file California State Controller [...]

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