Life Insurance
Life Insurance News and Life Insurance Information.

Reinsurance Leader, Munich American Re, Signals Continued Growth and - Forbes
Munich American Reassurance Company, one of the leading life and living benefits reinsurance companies in the United States, announced the appointments of Stephen Rulis as Vice President - Group and Thomas Penn-David as Vice President - Business

WTO members offered to open up financial services - Forbes
United States - GENEVA, July 31 (Reuters) - Several countries signalled a willingness to make significant openings in financial services during trade talks last week, World Trade Organisation (WTO) Director-General Pascal Lamy said. The intentions

UPDATE 1-U.S. business results hurt Sun Life profit - Reuters
TORONTO, July 31 (Reuters) - Profit at Sun Life Financial (SLF.TO: Quote , Profile , Research , Stock Buzz ) fell 12 percent in the second quarter as a slew of unfavorable factors, from stock market performance to credit-related losses, hurt results

Home Defaults Outpace Recoveries as Banks Try to Help (Update1) - Bloomberg
July 31 (Bloomberg) — U.S. homeowners who defaulted last month outnumbered those who caught up on payments, signaling the housing recession deepened even as Bank of America Corp., Wells Fargo & Co. and other lenders sought to help borrowers. In June

TSC Ratings’ Updates: Quest Diagnostics - Street.Com
Each business day, TheStreet.com Ratings updates its ratings on the stocks it covers. The proprietary ratings model projects a stock’s total return potential over a 12-month period, including both price appreciation and dividends. Buy, hold or sell

TDK Agrees to Buy Epcos to Expand in European Market (Update3) - Bloomberg
July 31 (Bloomberg) — TDK Corp. , the world’s largest maker of magnetic heads used in disk drives, agreed to buy Germany’s Epcos AG to expand production of machinery parts and add customers in Europe. TDK plans to pay 17.85 euros ($27.89) in cash

Insurance schemes for women, rural poor get Rs.15 bn - New Kerala
New Delhi, July 31 : The government Thursday released Rs.15 billion for augmenting two schemes of the Life Insurance Corporation (LIC) targeted at women and rural landless households. Of this, Rs.10 billion will go towards providing an insurance

TDK to Buy Germany’s Epcos for EU1.2 Billion, Expand in Europe - Bloomberg
July 31 (Bloomberg) — TDK Corp. , the world’s largest maker of hard-disk readers, agreed to buy Germany’s Epcos AG for about 1.2 billion euros ($1.87 billion), adding automotive and industrial components and a bigger presence in Europe. TDK plans to

Fitch Affirms & Withdraws the Ratings of Mutual of Omaha Companies - StreetInsider.com
Fitch Ratings has affirmed and withdrawn the ratings of Mutual of Omaha Insurance Company (Mutual) and its subsidiary, United of Omaha Life Insurance Company (United). The Rating Outlook is Stable. Fitch will no longer provide coverage of Mutual and

Genworth Financial Reports Second Quarter Net Operating Income Of $0 - MSN MoneyCentral
RICHMOND, Va. , July 29 /PRNewswire-FirstCall/ — Genworth Financial, Inc. GNW today reported a loss from continuing operations for the second quarter of 2008 of $109 million , or $0.25 per diluted share, compared with income of $321 million , or $0

Redundancy: Keeping the future bright if you lose your job - Daily Telegraph
Falling house prices, turmoil in financial markets and a slowdown in consumer spending are already affecting many companies, with unemployment rising at a rate not seen since the 1990s.

In this Webinar you will learn: - TechWeb
Join us for this live Webcast as we discover with challenging economic times upon us, effectively managing an integrated IT portfolio process is now a critical success factor for your IT organization. Hear first-hand from Craig Symons of Forrester

FEATURE-U.S grapples with rising prescription drug addiction - Forbes
BOSTON, July 30 (Reuters) - When Sarah Roisman was 11 years old, her doctors prescribed Klonopin, a muscle relaxant, for a psychiatric disorder that caused her to have seizures. She liked how the drug made her feel. Her seizures went away. But that’s

Edwards: On to the “Coverup”? - Slate
John Edwards’ mistress, Rielle Hunter the mother of his “love child” has been secretly receiv ing $15,000 a month as part of an elaborate cover-u p orchestrated by the former presidential contender. The money is being funneled to Hunter

Quality of life study: Live longer, prosper elsewhere - NWI.com
INDIANAPOLIS | Northwest Indiana and the Hoosier state as a whole rank near the bottom third of the nation in a new measure of quality of life. The nonprofit American Human Development project took United Nations methods for comparing the status of

Don’t dig yourself into a hole over funeral plans - Daily Telegraph
The cost of dying is rising - so it is increasingly important for you to choose the right way to pay. Madeleine Thomas does the spadework It is not just the cost of living that is rising. The cost of dying - specifically, the cost of a complete

Lipetsk Region - Kommersant
The whole country knows Lipetsk as a city of metallurgists and tractor builders, the native city of Georgy Plekhanov [1856-1918; Russian social philosopher known as the Father of Russian Marxism] and Andrei Zhelyabov [member of the People’s Will who

Proton therapy debated - Detroit News
A pricey and controversial cancer treatment that blasts tumors with concentrated bursts of radiation is setting the medical community in Metro Detroit abuzz, with the chance the state could land not one — but two — proton centers in the coming

War victim’s mom may lose part of son’s life insurance - Pasadena Star-News
Photo Gallery: Elaine Lopez lost money at IndyMac When Army Spc. Marcelino Corniel, 23, died in a mortar attack in Iraq on Dec. 31, 2005, his family was left with three things: a folded flag, some pictures and a life insurance policy worth $370,000.

Harry Gross: At meal’s end, beware credit-card-switch scam - Philadelphia Daily News
Dear Harry : My wife and I went to a very busy restaurant last weekend. As usual, I paid with my credit card. When the waiter came back, I checked the bill, signed the tab and put the credit card back in my wallet. On Tuesday, I bought something at a

How to insure yourself wisely - Daily Breeze
Individuals who finally get around to contacting an insurance agent and putting a long-overdue life insurance policy in place may, understandably, feel both relieved and a bit virtuous. Such sentiments are in order, perhaps, but it’s also important

Perceptions don’t match reality - Chicago Tribune
Some highlights from the report “Against Financial Literacy Education,” which was written by Lauren Willis, a professor at Loyola Law School in Los Angeles . After a retirement investing seminar, they pledged to increase their savings but

Pet Sayings: Canary in a coal mine - San Francisco Gate
As the Police song says,”First to fall over when the atmosphere is less than perfect,” life for an actual canary in a coalmine in the early 1900s could be summed up in three words: short but meaningful. The bright yellow birds were an early coal

John Hancock Introduces New Protection UL-G - Forbes
BOSTON, July 29 /PRNewswire-FirstCall/ — John Hancock Life Insurance today announced the launch of its new Protection UL-G product. The product includes a Cash Value Advantage rider, a new fixed loan rate, and reductions in limited period guarantee

Long Term Care Insurance Policy - Best Syndication
Most young people ignore the fact that they will grow old one day. It is the wise ones who not only think about it but also provide for their future. Statistics show us that almost one out of two Americans require long term care when they grow old

Life Insurance Bargain Time - Best Syndication
How can any one know what’s around the corner? It’s probably something you’d prefer not to dwell on, but accidents and fatal illnesses can happen, with the result that your family could be left to look after themselves. Apart from the shock and

Life insurance plan, the perfect gift for a newborn - Livemint.com
The insurance business in India isn’t just growing, but also becoming more sophisticated in terms of product offerings. To help readers keep ahead of developments in this business, Mint features a Q&A on insurance every Monday The insurance

Industrial Alliance Publishes its Results for the Second Quarter of - CNW Group
QUEBEC CITY, July 29 /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. (”Industrial Alliance” or “the Company”) ended the second quarter of 2008 with net income available to common shareholders of $63.4 million, a 2% increase

Financial businesses covered by insurance - AZCentral.com
After the failure of IndyMac Bank, you may be wondering if other financial institutions, such as brokerages and life insurers, are covered by some form of insurance. The answer is yes, but coverage is more complex than federal deposit insurance. The

Farm experts: Floods caused minimal erosion in Wis. - Minneapolis Star Tribune
WAUSAU, Wis. - The torrential rain and flooding that hit southern Wisconsin this summer, destroying tens of millions of dollars worth of farm crops, had a least one silver lining soil erosion was not a major problem, farm experts say. “We found

Bitter sons tell of Darwins’ betrayal - Wigan Today
The sons of John and Anne Darwin, the Hartlepool couple jailed over their 250,000 life insurance con, have spoken of the their anger over their parents’ betrayal. Anthony and Mark Darwin attacked their mother for putting them “through hell” and

‘Chance’ gets a second one - Arlington Heights Daily Herald
For an animal who survived a crash that killed 19 other Belgian draft horses, “Chance” seemed like a fitting name. “In a strange way, the accident gave him a second chance at life,” said Jane Karasick of Wayne, who adopted and named the horse after

Lorillard, Inc. Reports Second Quarter 2008 Results - Forbes
GREENSBORO, N.C., July 28 /PRNewswire-FirstCall/ — Lorillard, Inc. (NYSE: LO) today reported results for the second quarter of 2008. “We are pleased to report our first quarter as an independent public company,” said Martin Orlowsky, Chairman

Beware of scammers staging seminars - Vindicator
Employers are being put on high alert for bad brokers and others who weasel their way into the workplace to stage free seminars that ultimately lead to devastating early-retirement scams. Hint: If a pot of gold pops up on the Power Point, hold onto

NEWSMAKERS, LOCAL BUSINESS PEOPLE TO WATCH - Palm Beach Interactive
Ed Sheehy has been promoted to president of Southeast Toyota Distributors LLC , executive vice president of JM Family and president of JM Lexus . Sheehy, who joined JM Family in 1999 as vice president of marketing, will be responsible for supervising

Claims Fossett faked his own death - News.com.au
Steve Fossett may have faked death He vanished during light plane flight Rescuer says Fossett was cheating on wife AVIATION adventurer Steve Fossett may have faked his own death with allegations he was leading a double life and cheating on his wife

Solutia Announces Second Quarter 2008 Results - MSN MoneyCentral
Highlights * Net sales increased to $1,095 million from $911 million over the same period last year — Strong international growth continues to positively impact results * Adjusted EBITDA increased to $118 million from $84 million over the same

Lorillard, Inc. Reports Second Quarter 2008 Results - Forbes
GREENSBORO, N.C., July 28 /PRNewswire-FirstCall/ — Lorillard, Inc. (NYSE: LO) today reported results for the second quarter of 2008. “We are pleased to report our first quarter as an independent public company,” said Martin Orlowsky, Chairman

NEWSMAKERS, LOCAL BUSINESS PEOPLE TO WATCH - Palm Beach Interactive
Ed Sheehy has been promoted to president of Southeast Toyota Distributors LLC , executive vice president of JM Family and president of JM Lexus . Sheehy, who joined JM Family in 1999 as vice president of marketing, will be responsible for supervising

Claims Fossett faked his own death - News.com.au
Steve Fossett may have faked death He vanished during light plane flight Rescuer says Fossett was cheating on wife AVIATION adventurer Steve Fossett may have faked his own death with allegations he was leading a double life and cheating on his wife

Louisiana participates in $20 million settlement against health - Alexandria Daily Town Talk
Commissioner of Insurance Jim Donelon announced today that Louisiana is one of 29 states entering into a $20 million settlement with The MEGA Life and Health Insurance Company; Mid-West National Life Insurance Company of Tennessee; and The Chesapeake

Rivals battle on race policy - Miami Herald
CHICAGO — Presidential challengers John McCain and Barack Obama sparred over affirmative action Sunday, with McCain backing an effort to end state and locally run minority preferences and Obama saying policies that consider race need to continue

American Way - American Reporter
LAKE WORTH, Fla. — It seemed to be a sad truth about the health care insurance industry today when the Blue Cross agent explained the monthly premium for one person would be about $850. But the real sticker shock came when he said, “That’s for the

Farm Bureau Insurance buys a cow named ‘Michigan’ - MLive.com
Thanks to the distinct patterns on its hide, the steer aptly named “Michigan” has escaped a fate on a plate. One of 30 head of cattle on the Spaulding Township farm of Jacob D. and Georgia B. Kessler, the 2-year-old bovine features a Michigan mitten

Long Term Care Insurance Policy - Best Syndication
Most young people ignore the fact that they will grow old one day. It is the wise ones who not only think about it but also provide for their future. Statistics show us that almost one out of two Americans require long term care when they grow old

Harry Gross: At meal’s end, beware credit-card-switch scam - Philadelphia Daily News
Dear Harry : My wife and I went to a very busy restaurant last weekend. As usual, I paid with my credit card. When the waiter came back, I checked the bill, signed the tab and put the credit card back in my wallet. On Tuesday, I bought something at a