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11/11/2008 News For:

Term Life Insurance Quote Online

Settlement ends suits over General American Life Insurance's collapse  Goldman Sachs will pay $100.5 million to settle a lawsuit over the 1999 collapse of Missouri-based General American Life Insurance Co., once one of the country’s biggest life insurers.

Rappahannock National Bank to Offer Customers MyTerm(SM), Internet-Based Term Life Insurance Through Its Affiliation ...   NEWARK, N.J.----Prudential Financial, Inc. today announced an agreement between its Individual Life Insurance business and Union Bankshares Corporation to offer MyTermSM, a new simplified issue term life insurance policy available through the Internet to customers of Rappahannock National Bank.

Insurance / Perspectives  Last week, in the first part of this interview, BNamericas spoke to Antonio C?ssio dos Santos to discuss Brazilian private pension and life insurance federation FenaPrevi's priority projects for the year, which included passing microinsurance legislation and building a comprehensive actuarial data management system unique to the country.

County approves changes to employee benefits  Harrison County Commissioners met briefly Monday to make changes to the employee health care benefits plan and the life insurance plan.

CNP Owners Back Cash Bid for Natixis Insurance Unit, Echos Says  Nov. 10 -- CNP Assurances SA, France's largest life insurer, has the support of its shareholders for a cash bid for the insurance unit of Natixis SA, Les Echos reported, citing an unidentified person.

Ameritas Group Offers Cosmetic Dental Benefits for Professional Services Such as Tooth Whitening   LINCOLN, Neb.----Ameritas Group, a division of Ameritas Life Insurance Corp., a UNIFI company, answers the growing demand for benefits toward professional tooth bleaching and tooth-color composite fillings on molars.

Cancer center asks to fund benefits through captive  WASHINGTON?Memorial Sloan-Kettering Cancer Center is asking the Labor Department for permission to fund group term life insurance and long-term disability policies through its Vermont captive insurance company.

TowerGroup: Life Insurance Industry Must Shift Product Mix, Adjust Distribution and Focus on Cost Containment During ...   NEEDHAM, Mass.----Although the U.S. life insurance industry is not as deeply impacted by the current economic crisis as other segments of the financial services industry, the interconnectedness of banks, asset managers, brokerage firms, and insurers themselves means it is not immune.

AIG Sale of Japan Units Finds Hesitant Buyers, Nikkei Says  Nov. 11 -- American International Group's planned sale of three Japanese life insurance subsidiaries hasn't attracted the interest of would-be buyers in Japan, Nikkei English News reported, citing no one.

Financial climate slowing sale of AIG's Japan assets: report  The weakened balance sheets of prospective buyers is hampering American International Group's planned sale of three Japanese life insurance companies, according to a published report.