National Underwriter Life & Health Magazine August 04, 2008
Cover Story
A Pragmatist's Guide To The SEC's Proposed Rule 151A
By now, everyone in the annuity business is aware that the Securities and Exchange Commission is proposing Rule 151A under the Securities Act of 1933--a rule that will require the most popular types of index annuities to be registered as securities...
Focus
-
LTC In The Worksite Market: An Emerging Opportunity
It seems that over the past couple of years, some agents and brokers have felt burned by the long term care insurance business. Companies long ...
-
Annuity Laddering Can Offer Flexibility And Simplicity
One measure by which to judge the crafting of an insurance or financial plan is flexibility: the ability to adjust the plan to meet the ...
-
The Proposed Rule Will Sock It To Index Annuity Distributors
The Securities and Exchange Commission's proposal to regulate fixed index annuities as securities could result in an estimated loss of $852 million to insurance industry ...
-
Laddering Annuities: A Tip Tor Tough Times
As hard as it may be for clients to understand, the fundamentals of investing apply, even in tough economies like the one today. Different clients ...
-
Today's Retirees Face Two Risks Their Forebears Did Not
Individuals who retired a decade ago and those retiring today have some stark differences in their income sources.The retiree of 10 years ago likely left ...
-
Older-Age Screening Tests Coming Into Focus For Life Underwriters
Potential testing options in underwriting people over age 65 are on the move.In the past year, for example, it has become clear that some combination ...
-
How Fixed Annuities Meet The Silent Generation's Safe Money Needs
Today, as before, the silent generation is still saving money, said John R. Mueller, CLU, MSFS, principal of John R Mueller Insurance, Brookfield, Wis., chartered ...
-
How To Seize The Annuity Opportunity
On the cutting edge of the baby boom generation, former President Bill Clinton, turned 61 in 2007. There's not much time before he, and others, ...
-
6-Month Life Settlement Outlook: More Growth, More Regulation
The life settlement market will continue to expand and evolve in the second half of 2008.Since the business emerged in the early 1990s, life settlements ...
News
-
FINRA Proposes Illustration Changes
The Financial Industry Regulatory Authority has drafted rules that could affect marketers of variable annuity and variable life products.FINRA, Washington, wants to streamline existing rules ...
-
House Panel Looks Closely At LTC Claims And Rate Setting
Differences among state rules for long term care insurance policies has led to major variations among policies, depending on where they were bought as well ...
-
Dodd Suggests Some Senate Action Possible Soon On Not-Quite OFC
Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee, suggested that historic legislation could be passed this year that would begin the process of ...
-
Companies Need To Prepare For SEC Nod On International Accounting
A leading accountant offered ways that companies should begin to prepare for international accounting changes that are expected to become requirements when the U.S. Securities ...
-
IRS Completes Annuity Conversion Regs
The Internal Revenue Service has published final regulations concerning moves to convert individual retirement account annuities into Roth IRAs.Like the proposed regulations, which were issued ...
-
Mutual Of Omaha Acquires 2 Failed Banks
Mutual of Omaha's banking unit on July 25 acquired the deposits and some assets of a failed bank holding company based in Arizona which had ...
-
Capital Losses Reduce Surplus For 100 Companies In 1st Quarter
In comparison to the mortgage malaria causing near-death for some financial institutions, the life insurance industry appears to be suffering from only a mild fever ...
Features
-
How Admin Support Staff Can Protect Agents From Compliance Problems
The old image of the agent who worked alone and did everything is outdated. Agents who want to be effective and productive need administrative support ...
Opinion
-
Government Math
Call me a nerd, but I loved mathematics in high school. Geometry, trigonometry, algebra, calculus, you name it and whatever branch of math it was ...
-
A Sleeping Dog No More
A lot of industry people are asking: Why did the Securities and Exchange Commission issue its June 25, 2008, proposal to regulate fixed index annuities ...
