News

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  Unum's CEO to retire

  By Associated Press  |  May 23, 2013

  Kevin McCarthy plans to retire in the first quarter of 2014.

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  Employers test mix of strategies to avoid PPACA

  By Allen Greenberg  |  May 23, 2013

  Beyond cutting part-timers' jobs and hours, companies are turning to temp agencies, PEOs and other solutions.

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  Annual family health care costs exceed $22,000

  By Kathryn Mayer  |  May 23, 2013

  The annual cost for health care for a family of four could cover a year of tuition at an in-state college.

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  Nationwide Financial launches low-cost variable annuity

  By Maria Wood  |  May 23, 2013

  The new product is targeted for fee-based advisors who may have been reluctant to sell VAs in the past.

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  They haven’t done the math

  By Maria Wood  |  May 23, 2013

  Many workers are clueless as to how to convert their retirement accounts into a lifetime income stream.

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  Oldest boomers are now fully retired

  By Warren S. Hersch  |  May 23, 2013

  The number of the oldest boomers who are retired continues to rise, with 52 percent fully retired now, up from 45 percent in 2011 and 19 percent in both 2008 and 2007.

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  Insurers eye alternative strategies

  By Warren S. Hersch  |  May 23, 2013

  Eight in 10 insurers say they are considering increasing their allocation to alternative strategies as they look for sources of additional yield.

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  California officials unveil exchange plan menu

  By Allison Bell  |  May 23, 2013

  The carrier list includes WellPoint, Kaiser and Blue Shield, but not Aetna, Cigna or UnitedHealth.

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  Cigna agrees to multi-state disability claim settlement

  By Allison Bell  |  May 23, 2013

  The company will set aside $77 million for open claims and possible future benefits payments.

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  Vermont regulator rejects CO-OP application.

  By Allison Bell  |  May 23, 2013

  Donegan said the plan would charge high rates and has not shown that it could sustain solvency.