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Life & Health News for January 17, 2011

AIG Completes Recapitalization Deal
American International Group Inc. today took a big step toward disentangling itself from the federal government…Read more

Calif. Blue Shield Agrees to Independent Rate Reviews
Blue Shield of California says it will let the California Department of Insurance send its rate increase requests out for independent actuarial rate review…Read more


Groups Pan Target Date Fund Illustration Provision
Retirement plan vendors and retirement plan advisors are asking the Employee Benefits Security Administration to clarify a target date fund disclosure proposal…Read more

Fitch: PPACA Effects Should Be Manageable
Fitch Ratings worries about the effects of the Affordable Care Act medical loss ratio rules on individual health insurance sales, but it is feeling better about the overall state of U.S. health insurance market…Read more

PPACA: Risk Pool Program Starts Slowly
Only 8,011 U.S. residents had health coverage through the Pre-existing Condition Insurance Plan program in early November 2010…Read more

Kaiser: Emergency Aid Protected CHIP Benefits
Temporary federal support created by the American Recovery and Reinvestment Act of 2009 helped most states maintain or improve Children's Health Insurance Program benefits in 2010, researchers say…Read more


New York Seeks Fraud Investigators
The New York State Insurance Department wants to hire fraud investigators for permanent, full-time positions based in New York City…Read more

Personnel Changes: AXA Equitable, Transamerica, Trustmark, HealthSpring
AXA Equitable Life Insurance Company has named Nick Lane to be head of the retirement savings division and Rino Piazzolla to be head of human resources…Read more

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