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Life Insurance Rates News
AG questions insurance benefits
HARTFORD — Claiming life insurance companies may be bilking beneficiaries out of potential interest payments, Attorney General Richard Blumenthal said Friday he wants the state Insurance Department to take regulatory action.
Read more News Source - New Haven Register
Publish date - 16:35:32 07/31/10

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NY AG Announces Probe of Life Insurance Industry
NY AG: Life insurance industry probe will focus on allegations beneficiaries were misled Insurance - Life insurance - New York - Financial Services - Business
Read more News Source - ABC News
Publish date - 04:28:49 07/30/10

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New York Launches Probe Of Life Insurance Industry
The attorney general's office is investigating whether insurers are profiting off of grieving families by placing funds from life insurance policies into potentially risky accounts that they control. Andrew Cuomo said his office had served subpoenas on Prudential Financial Inc. and MetLife Inc. as part of the probe.
Read more News Source - NPR
Publish date - 03:40:19 07/30/10

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Sun Life eyes China growth
Sun Life Financial expects premium growth at its China insurance venture to more than double this year, a senior executive said, after receiving approval to turn the company into a Chinese-owned entity
Read more News Source - National Post
Publish date - 12:32:22 07/30/10

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NY AG announces probe of life insurance industry
State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
Read more News Source - AP via Yahoo! News
Publish date - 03:47:38 07/30/10

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Canadian life insurers concerned with new global accounting rules
Canadian life insurers have 'concerns' about the impact on capital levels of new global accounting standards released in draft form Friday that appear to disrupt the matching on their balance sheets of long-term obligations with long-term investments
Read more News Source - National Post
Publish date - 22:17:24 07/30/10

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Survivors Can Bank Benefits, Skip Insurance Accounts
Life insurance beneficiaries seeking federal protection for their money should take their proceeds straight to the bank rather than risk losing their cash by letting insurers hold onto it.
Read more News Source - BusinessWeek
Publish date - 17:59:28 07/29/10

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Genworth hit by lapse concern, housing caution
Genworth Financial Inc. shares dropped more than 15% Friday on concern about higher lapse rates in the company's life insurance business. The stock was also pressured as the company, a major mortgage insurer, sounded cautious about the housing market.
Read more News Source - Market Watch
Publish date - 19:11:12 07/30/10

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How much life insurance do you need?
The answer depends on your health, income, age, savings and whether you have a spouse, kids or mortgage. Here's a simple way to calculate an actual dollar amount.
Read more News Source - MSN Money
Publish date - 23:32:49 07/30/10

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NY AG Announces Probe Of Life Insurance Industry
State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die. He said his office served subpoenas on Prudential Financial, Inc. and MetLife, Inc. as part of the probe, seeking information on life insurance policies. Cuomo, a candidate for governor, said his office is investigating the practice of some ...
Read more News Source - CBS4 Miami
Publish date - 03:48:17 07/30/10

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Barclays Cuts Rates on its 80 Percent Loan to Value Mortgages and Introduces 'Drop Lock' Facility
Barclays is reducing rates on its Woolwich mortgages (80 per cent LTV) by up to 0.21 percentage points from Thursday 29th July and at the same time introducing a drop lock facility for all new mortgage customers.
Read more News Source - PRWeb via Yahoo! News
Publish date - 10:40:52 07/31/10

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Beneficiaries Can Cash Proceeds, Bypass Life Insurer Checking Accounts
Life insurance beneficiaries should take their proceeds straight to the bank rather than risk losing their cash by letting insurers hold onto it.
Read more News Source - Bloomberg
Publish date - 04:28:57 07/29/10

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