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.
The internet giant knows it already has a massive audience for this information: internet-assisted hypochondriacs have been around for years now, and the company says that one in 20 Google searches are health-related.
via Google adds fact-checked medical information to search | The Verge.
Excessive alcohol use adversely affects an estimated 38 million (30%) adults in the United States, but surprisingly, only 1 out 6 say they talk to their doctor, nurse, or healthcare professional about drinking
via Physician’s Weekly for Medical News, Opinions, Features Articles.
So why do we continue to use outdated and perfectly useless alcohol questionnaires in our business when AUDIT and CAGE are much more effective?
BBC News – The man with 26 million students.
This article should make you pause and think. While not directly related to underwriting, the entire concept of online education is too cool to ignore. 26 million students!
HT – Mish Shedlock
A whopping 75% of them said that the biggest drain on their resilience reserves was “managing difficult people or office politics at work.”
via What Resilience Means, and Why It Matters – HBR.
Presented without the usual snide comment.
For a better article on understanding the importance of resilience read the following article:
FDA Clears CAD Screening Test | Medpage Today.
Lipoprotein-associated phospholipase A2 (Lp-PLA2)
lifeunderwriter.net 
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