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NAIC Posts ACLI Derivatives Proposal
The American Council Life Insurers is suggesting a 3-tier system for classifying derivatives used to hedge insurer asset risk…Read more

FINRA Sticks With Securities in Suitability Proposal
The Financial Industry Regulatory Authority is leaving "non-securities" products out of a proposed suitability rule update…Read more

Hewitt: Many Workers Take COBRA
The percentage of eligible departing workers who choose to pay for health coverage continuation benefits is staying high despite the expiration of a temporary federal subsidy…Read more

Shareholders Approve Presidential Life Slate
The founder and former chief executive officer of Presidential Life Corp. has failed in a second attempt to secure shareholder approval to install a hand-picked slate of directors and to reinstate himself as the company's CEO…Read more

AFLAC: What If the Raters Bail Out?
A life insurer is asking the National Association of Insurance Commissioners to help it deal with shifts in the credit rating agency industry…Read more

Agency to Study Return-to-Work Options
The Social Security Administration is preparing to conduct a study on efforts to help people with serious disabilities get and keep jobs…Read more

Actuarial Group Honors Schramm
ASPPA College of Pension Actuaries has given the Edward E. Burrows Distinguished Achievement Award to Robert Schramm…Read more

Meritage Chooses Plan Vendor
Meritage Homes Corp. has picked the retirement services division of Massachusetts Mutual Life Insurance Company to provide its defined contribution retirement plan…Read more