PPACA: Michigan Asks for Comments on MLR Adjustments
The Michigan Office of Financial and Insurance Regulation is asking for comments about how the new federal medical loss ratio rules might affect individual consumers, insurers and agents…Read more
AEGON to Drop U.S. BOLI, COLI Lines
AEGON N.V. says it will stop selling bank-owned life insurance and corporate-owned life insurance (BOLI-COLI) in the United States and close down its BOLI-COLI operations in Louisville, Ky…Read more
Wisconsin Life Settlement Rules Advance
A group formed by the Wisconsin Office of the Commissioner of Insurance has proposed rules that would require life insurers to tell insureds about a variety of alternatives to letting policies lapse…Read more
New York Calls for Settlement License Renewals
The New York State Insurance Department is reminding life settlement companies that they must file to renew their licenses by the end of the month…Read more
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