Tag: Companies

The Case For Life Insurance Companies

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The Case For Life Insurance CompaniesNews from Seeking Alpha: Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any [...]

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APNewsBreak: NY requires life insurance companies to start paying fully on …

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APNewsBreak: NY requires life insurance companies to start paying fully on …News from Washington Post: ALBANY, N.Y. — New York regulators on Friday told insurance companies they must pay out fully when members of the military are killed in action as the standard practice, rather than automatically establishing a kind of checking account that provides [...]

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‘Death Master’ limits life insurance companies’ access to death records

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‘Death Master’ limits life insurance companies’ access to death recordsNews from FOXBusiness: For years, the Death Master File of the Social Security Administration (SSA) was a valuable resource for life insurance companies when they needed it, and ignored when they did not. The file is a who’s who of about 95 percent of Americans who [...]

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Five Life Insurance Companies Lose Their AAA Status

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Five Life Insurance Companies Lose Their AAA StatusNews from Annuity News Journal: Standard and Poor’s (S&P), a United States-based financial services company and one of the “Big Three” credit rating agencies, stripped Northwestern Mutual Life Insurance Company of its AAA status on August 8, 2011. The Milwaukee-based company was one of five American-based insurance companies [...]

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New York life insurance companies directed to find and pay beneficiaries

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New York life insurance companies directed to find and pay beneficiaries News from NASDAQ: New York is cracking down on life insurance companies , requiring that they try harder to find and pay beneficiaries when policyholders die. When someone dies after they buy life insurance, his or her beneficiaries are responsible for claiming the benefits. [...]

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Iowa Companies Combine Efforts to Offer Life Insurance Coverage as Part of …

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Iowa Companies Combine Efforts to Offer Life Insurance Coverage as Part of … News from Stockhouse:WEST DES MOINES, Iowa, Jul 12, 2011 (BUSINESS WIRE) – Three Iowa-based companies have partnered to make purchasing life insurance more efficient and more readily available to consumers. West Des Moines-based companies Central Financial Group and Aviva USA have combined [...]

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Commercial Mortgages Held By Life Insurance Companies Weather the Storm

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Commercial Mortgages Held By Life Insurance Companies Weather the Storm News from National Real Estate Investor: Losses on commercial real estate loans held by the nation’s life insurance companies grew at a slower rate than expected in 2010, surprising many analysts. The better-than-expected performance was due to more conservative underwriting at the peak of the [...]

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