Allison Bell

What You Need To Know Life insurers say customers would be unlikely to swamp them with sudden demands for cash. The Office of Financial Research disagrees.

Members of the National Association of Insurance Commissioners elected Jon Godfread, the North Dakota insurance commissioner, to be their 2025 president Tuesday at a meeting in Denver.

Reinsurance Group of America has agreed to reinsure a $4.1 billion block of Manulife Financial U.S. insurance business that includes $1.9 billion in long-term care insurance policies.

A Los Angeles-based company hopes to create a comprehensive long-term care services package designed for older people who want to stay in their homes and who have run out of cash.

The requirement is part of the state's new pharmacy benefit manager market conduct standards, aimed at enhancing transparency and boosting competition.

Supporters say it can help the members free themselves from state requirements that drive up the costs, while opponents argue that the arrangements will weaken the fully insured market, by luring away the healthiest individuals and groups.

Supporters say it can help the members free themselves from state requirements that drive up the costs, while opponents argue that the arrangements will weaken the fully insured market, by luring away the healthiest individuals and groups.

What You Need To Know Economists have shown that passive funds do about as well as actively managed funds.

The American Benefits Council found most voters back current rules, while America's Health Insurance Plans found bipartisan support.

The ERISA Industry Committee wonders what will happen if the federal rules change. By Allison Bell | November 22, 2024 at 03:07 PM