Humana, Miami University's health care benefits administrator, has notified Miami of erroneous charges made in the administration of Miami University's health benefit plan at McCullough-Hyde Memorial Hospital. Humana has sent a note of apology, and created a plan to rectify the errors for employees/plan members, the university and the hospital...
| Business Wire
Even after describing an annuity-like solution as their ideal financial vehicle, more than half (nearly 54 percent) of Americans aged 44-75 expressed distaste for the word “annuity,”according to a recent survey from Allianz...
The composite rate for property and casualty placements in the United States measured down four percent for August 2010 as compared to a reduction of minus five percent for August 2009...
| BestWire Services
The U.S. life insurance industry is now entangled in the "too big to fail" debate as a result of an amendment to the financial-services regulatory reform law that imposes higher capital requirements on financial institutions...
| Business Wire
Twenty-nine (29) percent of the respondents said they were ahead of where they expected to be at this point in the year. Of these, six percent said their results to date were “much higher” than expected...
Guaranteed Living Benefit (GLB) riders were elected in variable annuities (VA) generating $20.3 billion of new deferred VA premium in the second quarter, an 18 percent increase over the first quarter, according to LIMRA’s second quarter study, which represents 95 percent of the variable annuity GLB industry...
