Debating the Wrong Debate – Outsourced Underwriting Will Become the New Normal

These Jobs May Not Come Back – BusinessWeek

I’ve maintained for several years that many of the jobs being eliminated are just not coming back.  We are way past the debate of whether or not outsourced underwriting is a good or bad business practice.  Outsourced underwriting will be the new normal.

Read this Business Week article.  Send me your comments.

Watch Your Diabetic Medications

Risk of cardiovascular disease and all cause mortality among patients with type 2 diabetes prescribed oral antidiabetes drugs: retrospective cohort study using UK general practice research database — Tzoulaki et al. 339: b4731 — BMJ

Conclusions Our findings suggest a relatively unfavourable risk profile of sulphonylureas compared with metformin for all outcomes examined. Pioglitazone was associated with reduced all cause mortality compared with metformin. Pioglitazone also had a favourable risk profile compared with rosiglitazone; although this requires replication in other studies, it may have implications for prescribing within this class of drugs.

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.

Turkeys – Talent Shortage Looming

The Coming Fight for Executive Talent – BusinessWeek

I’ve shortened the title of my occasional posts on management issues to Turkeys. Any negative connotations are purely coincidental.  This series of posts started while underwriting at my brother’s house and his gaggle of wild turkeys walked by.  So say bye-bye to “Remote Underwriting With Turkeys”.  Now we’re just talkin’ turkey.

And management issues.

CRP as Risk Factor for CHD

C-Reactive Protein as a Risk Factor for Coronary Heart Disease: A Systematic Review and Meta-analyses for the U.S. Preventive Services Task Force — Ann Intern Med

Conclusion: Strong evidence indicates that CRP is associated with CHD events. Moderate, consistent evidence suggests that adding CRP to risk prediction models among initially intermediate-risk persons improves risk stratification. However, sufficient evidence that reducing CRP levels prevents CHD events is lacking.