Posting of this link does not imply agreement with the stated position.
I try to avoid politics at all costs.
But these guys must not be French.
Insurance News
Do You Know Dr. Dean Ornish? (you should)
I’ve been a fan of Dr. Ornish for a long time. His lifestyle focus to prevent and/or reverse atherosclerosis with diet, exercise, and stress reduction was clearly ahead of its time. Medicare will now pay for the Ornish and Pritikin programs. But am I the only one to realize that Medicare usually doesn’t start until age 65? Time for private health insurance companies to step up to the plate on this issue.
SEC Releases Report of the Life Settlements Task Force
Press Release: SEC Releases Report of the Life Settlements Task Force; 2010-129; July 22, 2010
This link takes you to the SEC website where the report can be downloaded.
S&P Rating Downgrades
Update: S&P warns on commercial real estate – Street Sweep: Fortune’s Wall Street Blog
Standard & Poor’s downgraded three insurance companies, including Principal Financial (PFG), citing expected losses on commercial mortgages and commercial mortgage-backed securities, or CMBS.
Thought for Today – 4/23/2010
Hulk Hogan blames insurance company in lawsuit over coverage
I have reached the point in life when not much surprises or shocks me in the realm of human behavior and greed.
Texas Issues Cease and Desist Order to Retirement Value
Wrapper Products
Switzerland Threatens Tax Cheats Using ‘Wrappers’ (Update1) – Bloomberg.com
When a client buys a wrapper, the beneficial ownership of the assets is transferred to the insurer while the funds often remain on the balance sheet of private banks. Insurers invest the premiums through advisers and clients receive benefits tied to the performance of the underlying investment. Taxes are minimized or deferred because life insurance policies are classified as non-income producing assets.
National Underwriter L&H Guide to Health Care Reform
COBRA Update – 3/11/10
Boomers Take Note – Combo Life-LTC Product From JH
Hancock Promotes New Life-LTC Combo – Core Protection Products – Life and Health Insurance News
LifeCare also offers a streamlined underwriting process for that enables a policy to be issued in as little as 8 days with no exams, lab tests or doctors’ statements, according to Hancock.
lifeunderwriter.net 
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