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Life & Health News for September 8, 2010

AIG Again Set to Sell Asian Unit: Report
American International Group Inc. (AIG) still plans to sell its Asian life insurance company, according to published reports…Read more

Treasury to Sell Positions in Insurers
The U.S. Department of the Treasury says it plans to sell warrant positions in two life insurers over the next several weeks…Read more


Canadian Insurer Completes Golden State Deal
Industrial Alliance Insurance and Financial Services Inc. announced it has completed the acquisition of the in-force life policies of Golden State Mutual…Read more

NCOIL Posts Comments on Retained Asset Rights
The National Conference of Insurance Legislators has posted public comments it has received from a number of parties on the retained asset account issue…Read more

Texas Settlement Firm Declares Extra Dividend
Life Partners Holdings Inc. announced its board has authorized a special cash dividend payment of $0.25 per share to shareholders…Read more

NAIC Seeking Consumer Reps
The National Association of Insurance Commissioners (NAIC) is looking for applicants for its 2011 Consumer Liaison Program…Read more


Americans Reducing Debt, Study Finds
As a result of the economic crisis, 51% percent of Americans surveyed have cut back on their indebtedness…Read more

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