INSURANCENET.INFO

click here to enlarge.

click here to enlarge.

Ads by Google MetLife® Term Life Quotes Term Life Insurance As Low As $14 Per Month For $250,000 Of Coverage metlife.com Costco Jobs Find the Right Job For You. Apply For the Position Now! costco.findtherightjob.com Depression Test Do I Have Depression Symptoms? Take Our Free Quiz For Instant Results! DailyLife.com

(continue reading…)

A.M. Best Co. is updating its methodology for alternative risk transfer vehicles, including captive insurers, in a criteria report supplementing the Rating Captives section of Best’s Credit Rating Methodology — Global Life and Non-Life Insurance Edition. The new methodology is likely to be finalized in 45 to 60 days.

(continue reading…)

Nov. 23–HINTON — A representative from the West Virginia Association of Counties, Paul White, appeared before the Summers County Commission Monday to discuss the benefits of life insurance for county employees.

White told commissioners that the association has endorsed additional insurance programs starting in 2000 with self-funded vision and dental.

(continue reading…)

Banks and life insurance companies stepped up lending on commercial properties in the third quarter of this year, according to the most recent survey from the Mortgage Bankers Association (MBA), an industry trade group. And retail was among the more favored asset classes, with the MBA’s origination volume index for retail properties increasing 164 percent from the third quarter of 2010. The only asset type to experience a greater origination uptick was hospitality, with a 406 percent change from the third quarter of last year.

(continue reading…)

A solvency margin decline in the third quarter is driving New China Life Insurance Co. Ltd., the country’s fourth-largest life insurer, to start its initial public offering and preliminary price consultation activities for its Chinese A-share (Shanghai) and overseas H-share (Hong Kong) offerings in an effort to avoid potential regulatory limitations on its business operations due to inadequate capital, according to the insurer.

(continue reading…)

The AMBG closed Tuesday, Nov. 22 at 757.22 (-0.62%). Of the 15 A.M. Best stock indexes, one rose and 14 declined. Leading A.M. Best’s Global Insurance Composite Index (AMBG) were Pekin Life Insurance Co. (+9.43%) and Atlantic American Corp. (+8.15%). Trailing the list of global insurance stocks were CNinsure Inc. (-22.93%) and Affirmative Insurance Holdings Inc. (-14.06%).

(continue reading…)

Life insurance can be a critical part of an estate plan. The death benefit from a life insurance policy can provide vital income replacement upon the death of a breadwinner and cover the cost of estate taxes for larger estates.

Many people are unaware that under existing law, life insurance that is not properly owned and administered may provide far less to the family than anticipated, with a significant portion of the death benefit potentially lost to estate taxes.

(continue reading…)

Why in the world would an older person buy life insurance? Now that the kids are raised and some money saved, aren’t these folks dropping their coverage? Why would they feel the need for more coverage now? In my practice a lot of people in their 60s, 70s and 80s buy life insurance. There are several reasons why they feel the need to do so.

(continue reading…)

Nov 22, 2011 3:31 PM, By Elaine Misonzhnik, Senior Associate Editor

Cohen Financial recently secured an $8 million loan through the American United Life Insurance Co. for a portfolio of properties, including this Taco Bell.

Banks and life insurance companies stepped up lending on commercial properties in the third quarter of this year, according to the most recent survey from the Mortgage Bankers Association (MBA), an industry trade group. And retail was among the more favored asset classes, with the MBA’s origination volume index for retail properties increasing 164 percent from the third quarter of 2010. The only asset type to experience a greater origination uptick was hospitality, with a 406 percent change from the third quarter of last year.

(continue reading…)

The carrier takes a big step forward by allowing customers to buy life insurance online.

As we break for Thanksgiving, I&T is wrapping up our final issue of the year. This week, I finished up one of our features for that issue about customer experience. Shortly after handing in the story, a release from Allstate came across my desk. It said:

(continue reading…)