underwriting

The Morbid Niche

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Investors Find Morbid Niche In Surrendered Life Insurance – washingtonpost.com

Check out Lenaburg’s quote below.  This is kind of creepy and an angle I never thought of before.  I always wondered what the cartels did with all that clean cash.

David S. Lenaburg, chief executive of Rockville-based Banner Life Insurance, gave voice to the ultimate fear. Citing court records of a 2006 money-laundering case, Lenaburg wrote to a regulator that the seller of one policy “apparently ended up with a drug cartel owning a vested interest in his early demise.”

Underwriting Solutions LLC – A New Theme

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If you are a repeat visitor you will no doubt notice the theme change for this blog.   Over time, the content of this blog has evolved too.  At first, I focused on success tips.  As my writing matured, this blog has become an online archive of news I find interesting and relevant to the life underwriting profession.  I hope you find this website useful.  As always, your comments and suggestions are welcomed.

Travel Advisory – Another Reason To Avoid Mexico

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Swine influenza and Severe Cases of Respiratory Illness in Mexico | CDC Travelers’ Health

The number of cases has risen steadily through April and as of April 23rd, there were more than 854 cases of pneumonia from the capital. Of those, 59 have died.

This situation bears close watch.  Pay attention to travel and pay particular attention if your US business comes from border states.

Economic Burden of Diabetes Worsening

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My oldest son is pre-Med.  I keep gently reminding him endocrinology is an exciting field.

Costs, Complexity of Treating Diabetes Increasing Steadily, Says Study — AAFP News Now — American Academy of Family Physicians

A recent study from the CDC and NIH shows that nearly 13 percent of adults in the United States have diabetes, but 40 percent of those individuals haven’t been diagnosed yet.

Friends and Mortality

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Well – What Are Friends For? A Longer Life – NYTimes.com

There was a time in my working career when I complained about the lack of a social life. Work, take care of family, work, repeat. Well, a couple of years ago I started reconnecting. My significant other was truly amazed. I was amazed.

Add this to your list of stuff underwriters don’t routinely ask about. A 22% reduction in risk is significant. Be sure to read the Australian study abstract. Then tell your boss you’re designing the first mortality risk friendship questionnaire.