Research Project – Automated Life Underwriting
The link takes you to the SOA website page where the full report can be downloaded.
SOA Report – Automated Life Underwriting
Insurance News
Model Life Settlement Disclosures – NY
The article contains multiple links to original documents at the NY DOI.
COBRA Subsidy Extension – Update from Kiplinger 1/4/09
Hartford Update – 12/18/09
Hartford’s Business Model ‘Does Not Make Sense,’ Bernstein Says – Bloomberg.com
And having a Wall Street analyst dictate corporate strategy doesn’t make sense either.
COBRA Extension Update – 12/12/09
Frustrated Workers And Employers Anxious For COBRA Extension – Kaiser Health News
Still no progress on legislation. I’ll continue to monitor and post for readers interested in this topic.
AIG Euro Life (and I thought US life sales were bad)
AIG’s ‘Tainted Brand’ in U.K. Hurts Life Insurer Unit (Update1) – Bloomberg.com
American International Group Inc. suffered an 87 percent quarterly sales decline at its European life business as U.K. clients abandoned the firm, draining value from operations the insurer is selling to repay a U.S. bailout.
LIMRA 3Q US Individual Life Insurance Sales – Not Good
Individual Life Insurance Sales—the Good and Bad News
Declines in other products resulted in total individual life insurance sales falling 11% in the third quarter of 2009, according to the LIMRA report. Overall, because of steeper decreases in Q1and Q2, total individual annualized premium sales are down 19% YTD. Universal life (UL) sales were down 14% in the Q3, compared with drops of about 30% in Q1and Q2.In the first nine months of 2009, UL declined 24%, according to LIMRA.
Until these numbers start improving, the job market for underwriters is going to remain flat.
Or worse.
LFG – Some Good News
Insurance Fraud – What Some of Us Will Do for Money
Police: Census worker Bill Sparkman staged his suicide | csmonitor.com
Bill Sparkman, the Kentucky census worker found hanged and wrapped in duct tape with the word “FED” scrawled on his chest, concocted the entire scenario as an elaborate ruse to commit insurance fraud, Kentucky police said Tuesday.
lifeunderwriter.net 
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