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Applications for individually underwritten life insurance in the United States were essentially flat in 2009, dipping 0.2% from the prior year, but applications grew 2.9% in the fourth quarter -- recovering all early year losses... >> FULL STORY
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AIG said the cash will be used to reduce the liquidation preference of the Federal Reserve Bank of New York in the special-purpose vehicle formed by AIG and the Fed to hold the interests in Alico...
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While the nationwide jobs numbers were flat, insurance employment slipped more than it had in months, dropping by 7,600 in February...
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After a bad sales year in 2009, total U.S. sales of individual life insurance -- defined as new annualized premium -- won't return to 2008 levels for about two years, said a senior analyst at industry research organization Limra.....
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