Archive for April, 2008
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Life Insurance Sector - Doing Good in Europe
Thanks to the rise in ageing people in Europe, that corner of the world sees growth in the life insurance industry. The study, form the Comite Europeen des Assurances (CEA) saw the growth trend this year as opposed to last year when the market was greatly affected by the sub-prime market woes in the US. [...]
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Financial Problems Worrying
Providers are worried at the current trend that the area of commercial and personal insurance is concerned for they are forecast to flat out this year. The main issue is responsive pricing which would allow more people to get insurance as the prices fluctuate. There is no definite way of saying when the problems that [...]
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First Quarter Earnings
The insurance industry holds its breath as they await first quarter earnings reports. Forecasts for the year are not at all good but many still manage to hold their own weight with more attentive focus on adapting to current financial industry trends. The lower prices have enticed just enough customers to get health insurance along [...]
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FINRA Delays Rule 2821(c) Implementation
The Financial Industry Regulatory Authority has agreed to move the enactment into law new proposals for changes to the insurance industry. The move would have accredited firms conduct principal reviews for the suitability of such deferred VA applications within only a few days before it is submitted to the insurance company. The amount of time [...]
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Survivorship life insurance
Survivorship policy is a special type of life insurance that wasn’t widely understood as the conventional life insurance. Also called “second-to-die” insurance, this type of policy insures two lives in one contract. The death benefit is paid only after the second person dies. For this reason, the cost of a survivorship policy is typically much [...]
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Mini Med’s and Health
Mini packages have been around for quite sometime and they are now becoming the hot product for the industry due to their low price and limited coverage periods. These packages were initially designed for the seasonal worker market which allows these people to get the necessary insurance when they need it most, when they’re working. [...]
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New Federal Government Oversight Agency in the works
Hearing in the House Financial Services Committee’s Capital Market’s Sub-Committee has received a proposal for the creation of an oversight agency that would work with state legislators by providing timely information about the industry as a whole. The move is being opposed by many providers for they see a lot of loopholes citing the meddling [...]
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The Land of Many Cultures – Under Strain
Immigrants have long been coming to the United States which if it were left to itself may have an America which is over-run by nationals from all over the world who want a better life. May they be immigrants or asylum seekers; they are all facing a very harsh reality that life in America is [...]