The decision is based on the continuing effects of low-interest rates and the company’s desire to achieve appropriate returns, enhance its long-term risk profile and maintain sustainable profitable growth, in its core group life and disability lines of business, the company said.
via Prudential to Stop Selling Group Long-term Care Insurance – Insurance Networking News.
$1 Billion in Health Insurance Rebates: Taxable or Tax-free? – Kiplinger.
I got a refund of $34.81.
And it was Tax-free!
Aviva Plc, the U.K.’s second-biggest insurer by market value, plans to exit almost a third of its units to bolster capital reserves and limit the impact of further turmoil in the euro region.
The insurer plans to sell 16 non-core divisions including U.K. bulk-purchase annuities, its South Korean unit and some partnerships in Italy, the London-based firm said in a statement today. The company is aiming to bring its capital levels in line with other insurers to between 160 percent and 170 percent of reserves required by regulators from 140 percent today.
via Aviva to Exit a Third of Business as Insurer Boosts Capital – Insurance Networking News.
PPACA Decision: The PDF, with Interesting Parts Highlighted | LifeHealthPro.
Same PDF of the decision but with highlighted sections. The highlights help. The article also has a list of where to find issues of special interest, which is also very helpful.
The board of Assicurazioni Generali SpA ousted the insurer’s chief executive on Saturday, the company said in a statement, in a management coup that leaves a question mark over the future strategy of one of Italy’s most important companies.At the hastily-called meeting, 10 out of Generali’s 17 board members approved a motion of no-confidence against Giovanni Perissinotto, according to the statement and a person briefed on the vote tally. The board also named Mario Greco, chief executive of Zurich Insurance Group as Generali’s new CEO, the statement added.
via Italy’s Generali Board Ousts Chief Executive – WSJ.com.
Mr. Perissinotto said the reason for his ouster was political.
Really?
In its report, “The Incredible Disappearing Office: Making Telework Work,” The Conference Board finds that the advancements in home networking over the last decade have been accompanied by teleworking gains among a number of these technology-reliant professions, including insurance underwriters 4.5 percent, up 275 percent since 2001-2003 and computer software developers 6.1 percent, up 127 percent.
via Teleworking Triples Over the Last Decade – Insurance Networking News.
GEICO Hiring Hundreds – Insurance Networking News.
Finally some good news on the insurance employment front.
lifeunderwriter.net 
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