National Underwriter Life & Health Magazine July 2012
Features
2012 Industry Elite Awards
Each year, National Underwriter Life & Health salutes the best of the best in the life and health insurance industry, celebrating those who represent game-changing levels of market innovation, regulatory advocacy, industry reputation, community work, and emerging talent. Selecting winners from this year’s unusually strong body of nominations proved challenging,...
Features
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The Road to PPACA
The battle over whether the Patient Protection and Affordable Care Act of 2010 (PPACA) is constitutional, unconstitutional, or something more complicated is just one new attention-getting chapter in the long history of health care finance.
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Across the Globe, the Regulatory Vise Tightens
During the 2012 annual meeting of the Million Dollar Round Table, held in Anaheim, Calif., June 9-13, editors of Summit Business Media’s LifeHealthPro group—Warren Hersch of National Underwriter Life & Health, Brian Anderson of Life Insurance Selling and Daniel Williams of Senior Market Advisor—met with MDRT members from New Zealand,...
News
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Threats to the Life Industry
In advance of the Million Dollar Round Table’s annual meeting taking place in Anaheim June 10-13, ValMark Securities President and CEO Lawrence J. Rybka gave an exclusive interview to National Underwriter Senior Editor Warren S. Hersch. The interview spanned a broad range of topics, including Rybka’s presentation in Anaheim, his...
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Dimon on Volcker Rule
JPMorgan Chase Chairman Jamie Dimon acknowledged under intense questioning today that it is “possible” that the trades that led to a multi-billion dollar loss by the firm would have been banned if the so-called Volcker Rule had been in effect.
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Waters Tries to Ice SRO Bill
Legislation has been proposed that would authorize the Securities and Exchange Commission to levy fees on investment advisors in order to pay for more diligent oversight of those registered as advisors.
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Profit Turned on AIG Facilites
Two major loan facilities that enabled American International Group (AIG) to ride through a Force 5 financial typhoon have been fully repaid, the Federal Reserve Bank of New York (FRBNY) announced late Thursday.
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Fed Action on MetLife Sends Stock Soaring
MetLife’s stock price soared more than 5 percent on June 19 as a result of a decision by the Federal Reserve Board to give MetLife more time to resubmit a capital plan that failed a stress test in March.
Editor's Note
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Start Your Engines
Last year, my wife got me a most excellent Christmas present: a Formula racing experience. I would go to a race track in Millville, New Jersey, and get a chance to tear around in a baby Formula One car for a few laps - after getting some instruction in it,...
Opinion
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In Passing Rodney King (1962-2012)
Some people are born to greatness. Other people have the conditions for greatness thrust upon them. And some people get caught in the crossfire between the two and find themselves in over their head. Such was the sad case of Rodney King, a man who might have lived a relatively...
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On the Third Hand: Paying the Doctor
Everyone wants to put the consumer in charge of lowering health care spending.
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Producer's Corner: Putting a Critical Spotlight on Critical Illness Coverage
If you’re like a still substantial number of advisors, then you don’t market critical illness insurance. And that would be no surprise: In the insurance marketplace, CI is a relative newcomer. Many financial services professionals remain oblivious of the product’s benefits and role in insurance planning. Or they simply haven’t...
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The Millennial: Blame It on the Rain
I attended a college graduation party for a friend of the family a few weeks back. Late May evenings can be mischievous, weather-wise, and it began to rain as soon as guests arrived. The event was staged to take place in a backyard but people, food, gifts and pets were...
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Potomac Watch: WASHINGTON-
Whatever our political views, the recent word that the Federal Reserve Board of New York will be able to retire soon, as well as make a profit on, two facilities used to aid American International Group in 2008, should bring a sigh of relief to those whose living depends on...







