Source: Layoffs, restructuring coming for TIAA in Charlotte – Charlotte Business Journal
Insurance News
Life Insurance Customers Push Back Over Surprise Cost Increases – WSJ
Policyholders are filing suit, as big U.S. life insurers blame the Federal Reserve’s decision to keep interest rates lower for longer.
Source: Life Insurance Customers Push Back Over Surprise Cost Increases – WSJ
Northwestern Mutual Planning Layoffs – Milwaukee Business Journal
MetLife – Job cuts on the way – Seeking Alpha
There’s a lot of moving parts, but the bottom line for life insurers in this low interest rate environment is they just can’t earn enough money to meet the
Source: MetLife tumbles after results; job cuts on the way – MetLife, Inc. (NYSE:MET) | Seeking Alpha
Claims For Medical Help With Opioid Abuse Jump Sharply – NPR
Insurance claims for medical services related to opioid dependence rose more than 3,000 percent between 2007 and 2014, a study finds, suggesting that opioid problems have gone mainstream.
Source: Claims For Medical Help With Opioid Abuse Jump Sharply : Shots – Health News : NPR
The Problem with Obamacare – The Baseline Scenario
Source: The Problem with Obamacare | The Baseline Scenario
Before you climb aboard the bus of unlimited hysteria, Fake Outrage and social media lynch mobs, read the article. The author is actually in favor of the UN-affordable Health Care Act. A well balanced piece of work and worth reading.
Insurance Industry Is Hiring But Millennials Don’t Seem To Be Interested – NPR
The insurance industry has a lot of open positions, and it’s scrambling to fill them. It’s targeting millennials, but many simply don’t consider insurance as a potential career — or think it’s boring.
Source: Insurance Industry Is Hiring But Millennials Don’t Seem To Be Interested : NPR
MassMutual to Layoff 5% of Workforce – The Boston Globe
One of the state’s largest companies, Springfield-based MassMutual Financial Group, is cutting about 5 percent of its 7,200 employees.
Source: MassMutual to layoff 5 percent of workforce – The Boston Globe
Meet the Man Who Could Own Aviva France – FT Alphaville
Meet the man who could own Aviva France | FT Alphaville.
Do you know what a Fixed Price Arbitrage Life Insurance Contract is? Read this article.
Genworth Finds Material Weakness – WSJ
Insurer Genworth Financial Inc. said it didn’t have adequate controls in place and failed to identify a $44 million calculation error as it implemented changes to its methodologies as part of a review of its long-term-care claim reserves.
via Genworth Finds Material Weakness – WSJ.
oops.
Update 03.04.15
Miscalculated Risk: The Old-Age Bill That s Crushing Genworth – Insurance Networking News.
This link provides more in depth analysis.
lifeunderwriter.net 
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