Limra Records Steepest Drop in Life Sales – Distribution – Life and Health Insurance News
After a 26% dive in the first quarter compared to a year earlier, individual life insurance annualized premiums dropped 20% in the second quarter, according to a new survey.
Source: Mortgage Bankers Association
Mortgage Delinquencies Rise To Highest Level On Record – Planet Money Blog : NPR
I had to look at this chart twice to grasp its full meaning.
United States Inequality in the Recovey Period « The Baseline Scenario
The scary line is the bluish one trending upwards.
Job Searches Taking Longer – Planet Money Blog : NPR
At the end of 2007 a large Midwestern US insurance company instituted mandatory 55 hour workweeks for their underwriters.
A year later, that same company a laid off a bunch of people. Some of these employees were the same people from whom management mandated OT from just one year prior.
The hamsters are dying. I don’t think they can do more with less. Time for a new business model.
My answer to the question is NO.
Businesses Learn To Make Do With Fewer Workers : NPR
Since December 2007, the labor market has seen a net decline of 6.5 million jobs.
Workforce Blogs – The Business of Management
But when an overwhelming 85 percent of the unemployed say that they’d take a job for 20 percent less than they made before, then maybe it’s time to stop blaming the out-of-work people for their predicament and focus on the real issue: a shattered economy that looks like it’s going to stay shattered (at least in terms of job growth) for a long time.
EconomPic: “Japanese Wages in Record Plunge”
This is what happens to the people who make the stuff we used to buy.
I’ve added a link to the US Courts website page on the basics of bankruptcy.
Read up. You’ll be underwriting a lot more bankruptcy cases in the years to come.
XL Re Life Goes To SCOR – Companies/Financial – Life and Health Insurance News
“This small acquisition . . . proves that SCOR is able to profit from market opportunities in the current environment,” SCOR Chairman Denis Kessler says in a statement.
No, this small acquisition proves you can make a small acquisition. XL Re Life America in Stamford, CT had $31.2 million in premiums in 2008.
lifeunderwriter.net 
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