Government Accountability Office

GAO critical of Death Master File

By Arthur D. Postal | May 10, 2013

The Government Accountability Office says the DMF is not the last word on death reports.

Wilshire: 94% of pension plans underfunded

By John Sullivan, AdvisorOne | April 12, 2013

A $282.3 billion funding shortfall at the beginning of the year has expanded to a $342.5 billion.

Does fiduciary coverage for rollovers lie ahead?

By Melanie Waddell | April 3, 2013

The GAO said the DOL and IRS should reduce the waiting period to roll over into a 401(k) plan and improve the asset verification process.

Complex PPACA tax could benefit life insurance industry

By Liz Festa | March 5, 2013

The Net Investment Income mechanism could mean big things for whole life, annuities and retirement planning.

The darkness within

By Bill Coffin | February 27, 2013

As the nation asks what can be done about a recent rash of mass shootings, the health insurance industry is quietly looking the other way.

Treasury selling remainder of AIG stock

By Arthur D. Postal and Elizabeth D. Festa | January 1, 2013

The Treasury Department is selling its remaining 16 percent of the common shares of American International Group (AIG), hopefully putting paid to its tumultuous 50-month shotgun financial tryst with the global insurer.

Treasury selling remainder of AIG stock

By Arthur D. Postal and Elizabeth Festa | December 11, 2012

The Treasury Department is selling its remaining 16 percent of the common shares of AIG, hopefully putting paid to its tumultuous 50-month shotgun financial tryst with the global insurer.

FINRA keeping busy with enforcing annuity sales misdeeds

By Elizabeth D. Festa | December 3, 2012

Suitability sales issues continue to be an problem for an aging nation, and the NAIC has weighed in after a Government Accountability Office (GAO) report warning on suitability questions involving insurance and investment product sales to veterans.

Potomac Watch: Condemned to repeat it

By Arthur D. Postal | December 3, 2012

No, the grilling of federal banking regulators by members of Congress November 14 and 29th over their proposed rules for overseeing insurance companies which operate savings and loans were not scenes from an Oliver Stone movie but a consequence of political amnesia.