Archive for 2010/03


Pa. Lawmakers Ponder Secondary Market Bill

The Pennsylvania House is considering a bill that would impose stricter reporting and confidentiality requirements on firms that buy and sell life settlements.

Milliman: Expect The PPACA Package To Lead To Intense Regulatory Scrutiny

The health insurance industry will face intense regulatory scrutiny due to the new Patient Protection and Affordable Care Act and its companion, the Health Care and Education Reconciliation Act of 2010, according to Milliman Inc.

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AALTCI: Most Home Care Recipients Are Older Women

Nearly 60% percent of those receiving privately paid long term care at home are women, according to the American Association for Long Term Care Insurance.

FRC: Fund Flows Improve

Mutual fund net inflows increased to $35 billion in February, up from about $18 billion in February 2009, the Financial Research Corp. reports.

Annuity With LTC Rider Debuts

Genworth Financial Inc. (NYSE:GNW) is rolling out a linked-benefit policy that links single premium non-qualified deferred annuity with a long term care insurance rider.

VA Offers Death Benefit And GMWB As Standard Features

ING Financial Solutions is marketing a new variable annuity that has one death benefit and a minimum guaranteed withdrawal benefit as standard features.

How Do 401(k) Regs Work For You?

The Internal Revenue Service is seeking public comments on 401(k) plan regulations issued in 2000.

H.R. 4872 – The PPACA Fixer Bill – Is Now Law

President Obama today completed the first stage of his health reform initiative by signing H.R. 4872, the companion to the bill that created Patient Protection and Affordable Care Act.

IRS Moves Ahead With Determination Letter Process

The Internal Revenue Service says it is plowing ahead with efforts to give defined benefit plan suppliers more confidence that their plans are structured properly.

Insurers To Poizner: You’re Not Hillary Clinton

Five insurance trade groups have filed a petition asking California officials to review whether Stephen Poizner, the state insurance commissioner, has created “illegal underground regulations” concerning Iranian investments.