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Lack of Life Insurance Puts 77 Million Americans at Risk, SalaryShield Survey Finds  One in three Americans doesn't have life insurance, leaving an estimated 77 million Americans financially exposed, according to a new national survey released today. In the face of survey findings that revealed that 77 percent of adults believe that providing for their family after they are gone is important, more than one third are uninsured.

Clark Consulting Receives ABA's Exclusive Endorsement as Provider of Bank-Owned Life Insurance and Executive and ...  Clark Consulting today announced that it has been awarded the American Bankers Association ABA exclusive endorsement as a top quality provider of bank-owned life insurance BOLI and executive and director benefits consulting services.

AIG to Keep U.S. Commercial, Foreign Life, Moor Says (Update1)  Sept. 23 -- American International Group Inc. , the insurer that agreed to sell assets to repay a federal loan, plans to keep its U.S. commercial coverage and overseas life insurance units, an executive said today.

Citigroup May Sell Primerica to Flowers, Protective (Update1)  Sept. 24 -- Citigroup Inc. , the U.S. bank seeking to shed assets, may sell its Primerica life insurance unit to J.C. Flowers & Co. and an Alabama insurer, people with knowledge of the talks said.

American International Assurance wins takaful license in Malaysia  AIA Bhd, the Malaysian business unit of American International Groups life insurance unit American International Assurance, has won its first international takaful or Islamic insurance license, according to Reuters.

Citizens buys Osark National Life for $8 million  AUSTIN, Texas Insurance holding company Citizens Inc. said Monday it will acquire Ozark National Life Insurance Co. for about $8 million to help expand its pre-need and final expense business, which focuses on funeral arrangements.

Financial Solutions Unit Established by Reinsurance Leader, Munich American  Munich American Reassurance Company, one of the leading life reinsurance companies in the United States, announced the appointment of Scott Boug as Senior Vice President - Financial Solutions. Mr. Boug's appointment signals Munich American's commitment to bring creative solutions to risk management & capital optimization issues in the US life insurance market.

Head of AIG's Singapore life insurance unit resigns  SINGAPORE Reuters��The Singapore head of AIA, the life insurance unit of American International Group, quit on Thursday, the city-state's central bank said.