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Life insurers are facing a barrage of investigations and criticism over the way the industry pays death benefits for veterans and other federal employees. But some analysts think it's a lot of fuss about nothing... >> FULL STORY

N.Y. AG Investigates Insurance Industry for Retained-Asset Accounts
New York Attorney General Andrew Cuomo has begun an investigation of accounts set up on behalf of recipients of life insurance policy payouts, accusing certain firms of cheating the recipients out of investment proceeds those acco...
NAIC Defends Retained-Asset Accounts
"The accounts were initially created at the request of consumers to provide options for receiving benefits from a life insurance policy, and with proper disclosure, consumers have generally been happy with this flexibility"...
NAIC to Study Principles-Based Reserving
The National Association of Insurance Commissioners (NAIC) has released a request for proposal (RFP) for a consulting actuary to assist in a possible study of the impact of principles-based reserving (PBR) on the life insurance in...
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