Ace Profit Hits Record on Investments, Higher Revenue (Update1) – Bloomberg.com
business
Boomers Take Note – Combo Life-LTC Product From JH
Hancock Promotes New Life-LTC Combo – Core Protection Products – Life and Health Insurance News
LifeCare also offers a streamlined underwriting process for that enables a policy to be issued in as little as 8 days with no exams, lab tests or doctors’ statements, according to Hancock.
Scary Charts of the Day – 2/2/10
The Next Leg Of The Housing Crisis In Five Simple Charts | zero hedge
You may wonder why I continue to post charts on the economy in a life underwriting blog and website. Here’s why.
People under financial strain will sometimes resort to extraordinary measures. In this economy, pay extra attention to your financial underwriting.
Financial underwriting matters more now than it ever has in a very long time.
New Hiring Practices – 2009
| WORKFORCE METRICS |  |
|
| NEW HIRING PRACTICES |
| Percentage of employers reporting new hiring practices, 2009 |
|
| Offering delayed start dates (e.g., six to 12 months later) |
7% |
| Offering internships to new graduates | 9 |
| Lowering starting salaries | 24 |
| Targeting younger, less-expensive employees |
14 |
| Targeting experienced, reduced-risk employees |
9 |
| Hiring freeze | 44 |
|
| Source: Monster
I got this chart in an email from Workforce Recruiting. |
SOA Report – Automated Life Underwriting
Research Project – Automated Life Underwriting
The link takes you to the SOA website page where the full report can be downloaded.
Scary Chart of the Day #2 – 1/28/10
Scary Chart of the Day – 1/28/10
Model Life Settlement Disclosures – NY
The article contains multiple links to original documents at the NY DOI.
Greetings From NYC
While it is true I don’t get out much, I do get out now and then. The MUD meeting was awesome. If you get the opportunity to attend this underwriting meeting, don’t pass it up.
But do take a pass on room service.
I stayed in a midtown hotel of reasonably good quality. The room service breakfast menu had a Build Your Own Omelete for $24.95. Thankfully, coffee was included. Juice? Add another $7.00. Once you add an 18% service charge, tax, and delivery fee it starts looking real expensive.
I’ve never had a omelete, coffee, and juice that cost over $40.00.
I’m going back to Oklahoma.
Life Apps Up in December 2009
U.S. life insurance application activity shows slight decrease in 2009 | IFAwebnews
Note sales are up for ages 60 and up and sales are down ages 0-44.
lifeunderwriter.net 
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