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Life & Health News for December 9, 2009

Schumer Goes To Bat For FSAs
As senators squared off over an abortion funding amendment, colleagues were rallying support for a long list of other efforts to change the Senate health bill…Read more

Insurance Groups Oppose Pre-Funding Bailout Program
Socking away cash to protect against a future financial institution collapse would weaken initiatives to create jobs today, insurance groups are telling the leaders of the Senate Banking, Housing and Urban Affairs Committee…Read more

3rd Annual Life Settlement Summit
March 11-12, 2010 — Miami, FL

Attend the 3rd Annual Life Settlement Summit and engage in industry-defining conversation and exchange ideas with brokers, providers, investors, attorneys, underwriters, and regulators. Don't miss your opportunity to play a key role in shaping the future of life settlements. Register Today!

Consumer Rep: We’re Outgunned
Consumer advocates face an uphill battle at the National Association of Insurance Commissioners and other regulatory agencies, according to Birny Birnbaum…Read more

NAIC Chooses Officers, Okays 2010 Budget
The National Association of Insurance Commissioners has elected Iowa Insurance Commissioner Susan Voss to be the 2010 president-elect…Read more

NAIC Eases DTA Rules
The National Association of Insurance Commissioners has adopted an accounting change that will help insurers get a bigger boost from tax payment reductions they expect to enjoy in the future…Read more

New York Accredits Hannover Re
Hannover Life Reassurance Company of America has received permission from regulators to do business as a reinsurer in New York state…Read more


Health Net May Buy Back Shares
The board of a health insurer says the company is strong enough to consider repurchasing some of its own common stock…Read more

Avatar: Ruling May Increase Fiduciary Responsibility
Employers and other retirement plan sponsors may have to look at tiered mutual fund programs more carefully…Read more

Hartford: Consumers Less Confident About Retirement
New research shows that consumers are more nervous about retirement costs— but that active efforts to plan relieve some of the anxiety…Read more

Survey: A Majority Of Employees Kept The Match
About 77% of retirement plan sponsors say they have continued to make match contributions despite the recession — and 4.7% say they have increased their matching contributions…Read more

Term Series Adds 40-Year Plan
A life insurer has expanded its level term life insurance portfolio to include 25- and 40-year term policies…Read more

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