Daily Featured Articles - 2/3/2012
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| The U.S. House of Representatives has passed legislation that effectively kills the Community Living Assistance Services and Supports program, or CLASS Act, whose implementation has been suspended since October... |
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| The release of the Federal Insurance Office's much anticipated report on the U.S. insurance industry has been pushed back by several weeks, according to a spokeswoman for the office... |
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| ING U.S. released key findings today from a comprehensive study commissioned by the ING Retirement Research Institute that examined the attitudes, behaviors and preparedness of different ethnic groups, including African-Americans, Asians and Hispanics, regarding their future retirement... |
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| The economic and societal forces that have transformed the medical profession over the past decade open the door to new approaches to income protection, according to The Guardian Life Insurance Company of America, which announced a new offering recently... |
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| Robert Casey, D- Pa., has introduced legislation to amend the Internal Revenue Code of 1986 to "clarify the tax treatment of certain life insurance contract transactions."... |
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| Shares of Genworth Financial Inc. shot up in after-hours trading Thursday, after the insurance company swung to a quarterly profit and beat analysts' estimates. Genworth said fourth-quarter net income was $107 million, compared to a loss of $161 million in the same period a year ago... |
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| Virtually all employees who participate in one-to-one benefits counseling sessions during enrollment say they have a greater understanding of the benefits their employers offer... |
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| On the defensive, the White House scrambled to explain its requirement that church-affiliated employers cover birth control after House Speaker John Boehner called it unconstitutional and demanded immediate reconsideration... |
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| Cigna's fourth-quarter earnings dropped 37 percent compared to the same period last year, when the managed care provider recorded a $101 million gain related to the completion of an IRS audit... |
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| Lee Oliphant, chief executive officer and president of MIB Group Inc., said while U.S. life insurance application activity appears to be stabilizing, the age 45 and under market continues to avoid securing life coverage... |
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| CHIP works together with Medicaid to help families who are unable to afford private health insurance to secure coverage for their children. Both CHIP and Medicaid have proven to be vital lifelines for families who lost their jobs and their employer-based health insurance during the recession... |
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| Allstate will focus in the coming year on maintaining profitability of their automobile and homeowners business by keeping a close eye on Florida and New York auto markets, as well as catastrophe-prone homeowners regions... |
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| Cigna Corp.' s acquisition of HealthSpring will enhance the company's ability to compete in a post-U.S. health care reform market, says a top executive at Cigna... |
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| Zurich has appointed Sabrina Hart as chief underwriting officer for global corporate in North America... |
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| ANOTHER DISASTER: The reinsurer Munich Re's profit plunged 71 percent in 2011, hobbled by claims from a series of severe earthquakes and other natural catastrophes as well as by the European debt crisis... |
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| Robert Latta, R- Ohio, issued the following news release:. On October 14, 2011, the Obama administration admitted the program is unworkable and halted efforts to establish the program, which would cost $81 billion over the next ten years... |
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| Gateway Behavioral Health Services has been awarded a planning grant through the U.S. Health Resources and Services Administration and is in the process of gathering public input on the proposed center, said Barbara Meyers, Gateway administrative director... |
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| Liberty Life Insurance Co. has changed its legal name to Athene Annuity & Life Assurance Co. and will operate under the brand name Athene Annuity... |
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| Vermont employers offered a range of views to lawmakers on the future of the state's health care reform, but most of those testifying at a public hearing appeared to favor a go-slow approach... |
Insurance Newswires - 2/3/2012
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