Total fixed annuities dropped 10 percent in the first quarter to $18 billion. LIMRA expects fixed annuities’ struggles to persist as long as the interest rates remain low...
The delay will buy time for administrators and an employee committee to review competing proposals from Blue Cross and its potential replacement...
| Federal Information & News Dispatch, Inc.
Transatlantic Reinsurance Company is a New York domiciled professional reinsurer. TRC is a wholly-owned subsidiary of Transatlantic Holdings, Inc., a Delaware corporation, which is in turn a wholly-owned subsidiary of Alleghany Corporation, a Delaware corporation. TRC is fully regulated in the United States with New York as its domiciliary regulator.
A bill would uphold free-market protections by making health insurance companies legally accountable for collusion schemes to fix prices, divide up markets and restrict choice...
| McClatchy-Tribune Information Services
May 18-- Simon Insurance and Auction Service in Groton was recently named Top Affiliated Agent by Diversified Services, a crop insurance company. The award was announced at a national sales conference in New Orleans. Agents for Simon Insurance are Scott Simon, Carl Schwab, June Thompson, Tim Hofer, Dick Randall, Chris Vanderlinden and Dave Christensen.
The products now available will give companies access to discounts and specialities such as SimplyHealth’s ‘open referral’ option on the ‘Just Health’ product....