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Life Insurance Companies News
DLF Pramerica Life Insurance opens branch in Gujarat
Ahmedabad, Mar 10 : DLF Pramerica Life Insurance Co Ltd (DPLI), a joint venture of a leading real estate development company in India, and Prudential International Insurance Holdings, Ltd (PIIH), a fully-owned subsidiary of a financial services leader headquartered in the U S, today inaugurated a new branch office here.
Read more News Source - New Kerala
Publish date - 18:30:09 03/14/10

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Widower sues over unpaid life insurance
EUGENE, Ore. (AP) -- The wife of a Eugene man who died in a kitchen accident is suing his life insurance company. Michele Vinson says the company is refusing to pay because David Vinson had been drinking that day. She is seeking $1.3 million from Hartford Life and Accident Insurance Co. Her husband was home alone last April 12 when he apparently dropped a domed glass cake cover. It shattered, a ...
Read more News Source - KGW NewsChannel 8 Portland
Publish date - 20:07:47 03/12/10

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Life insurance industry is for faster pace of change in the use of technology
The long-term outlook for the life insurance industry is for a faster pace of change, particularly in the use of technology. That was the conclusion of a survey of top industry executives by LOMA.
Read more News Source - News-Medical-Net
Publish date - 14:08:09 03/12/10

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A.M. Best Affirms Ratings of Sterling Life Insurance Company
OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A- and issuer credit rating of “a-” of Sterling Life Insurance Company . The outlook for both ratings is stable.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 20:47:18 03/12/10

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A.M. Best Withdraws Ratings of Life of America Insurance Company
OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of D and issuer credit rating of “c” of Life of America Insurance Company . The outlook for both ratings is negative.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 19:51:47 03/12/10

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Solvency II and the Taxation of Insurance Companies
The EU Solvency Directive II will supersede the current regulatory reporting requirements for insurance companies. The taxation of life companies is at present based on the regulatory reporting, so changes will be needed to the life company tax code.
Read more News Source - HM Treasury
Publish date - 17:22:51 03/12/10

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New York Life to Pay Long-Term Care Insurance Dividend for the Sixth Consecutive Year
NEW YORK----New York Life Insurance Company announced today it will pay a dividend to its LTCSelect Premier long-term care insurance policyholders this year. This is the sixth consecutive year New York Life, a triple-A rated insurer*, has paid a long-term care insurance dividend.**
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 10:46:29 03/12/10

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A.M. Best Places Ratings of OM Financial Life Insurance Company and Its Subsidiary Under Review With Developing ...
OLDWICK, N.J.----A.M. Best Co. has placed under review with developing implications and affirmed the financial strength rating of A- and issuer credit ratings of “a-” of OM Financial Life Insurance Company and its wholly owned subsidiary, OM Financial Life Insurance Company of New York .
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 10:54:07 03/12/10

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Insurance fraud on the rise
WASHINGTON - The sour economy is producing a bumper crop of cash-strapped consumers, business owners and shady agents who are fueling a wave of insurance fraud that's keeping regulators and law enforcement officials busy from coast to coast.
Read more News Source - The Tennessean
Publish date - 07:24:26 03/14/10

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40-year-old Caboose Gets New Life
A four-decades old railroad caboose will get a new life as part of an eastern Kentucky tourist attraction.
Read more News Source - WSAZ NewsChannel 3 West Virginia
Publish date - 05:28:37 03/14/10

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Insurance hazard in web DNA tests
THE growth of online DNA testing companies overseas has created a loophole for Australians wanting to discover if they have genetic problems - but not report the results to their insurer.
Read more News Source - Brisbane Times
Publish date - 16:21:28 03/13/10

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More insurance penetration in North and East
Insurance penetration in the North and the East has increased following the new environment prevailing in the provinces, said Chairman, Insurance Board of Sri Lanka (IBSL), Udayasiri Kariyawasam addressing the media on the progress of the insurance industry.
Read more News Source - Sunday Observer
Publish date - 19:49:48 03/13/10

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