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POLITICS & POLICY

AIG Agrees to Pay $9.1 Million in Settlement with Pennsylvania Insurance Department

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Written by U.S. Insurance News   
Sunday, 23 March 2008
American International Group Inc. has set a record in Pennsylvania, but not the kind it wanted to.
 

Last Resort: FINRA Urges Homeowners to Be Wary of Reverse Mortgages

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Written by U.S. Insurance News   
Sunday, 23 March 2008
The Financial Industry Regulatory Authority (FINRA) has an urgent message for homeowners: Don't automatically fall for the allure of a reverse mortgage.

FINRA recently issued an Investor Alert notifying homeowners over the age of 60 to consider all of their options before tapping into their home equity to obtain more income for their retirement years, or to fund a risky investment.
 

The Big I Plans Big Show of Support for NARAB II in Washington, D.C.

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Written by U.S. Insurance News   
Sunday, 23 March 2008
There won't be any surprise regarding the topic of discussion when "The Big I" convenes its Legislative Conference in April.
 

John Hancock to Offer New Training Courses for LTCI Producers

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Written by U.S. Insurance News   
Sunday, 16 March 2008
In at least half the states this year, insurance companies must meet mandatory long-term care insurance (LTCI) partnership training requirements-and that's a major compliance challenge for carriers.
 

Roundtable Participants Agree: Now Is the Time to Prepare for Upcoming Regulatory Changes

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Written by U.S. Insurance News   
Sunday, 16 March 2008
This is no time to play the waiting game.

That's one of the shared opinions put forth at the recent "Moving Forward in a Principles-based World" roundtable conducted by the Insurance and Actuarial Advisory Services (IAAS) practice of Ernst & Young LLP.
 
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