Latest Life Insurance Settlements News Update October 31, 2008 at 10:25 PM

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Life Insurance Trusts and You (The Motley Fool via Yahoo!


Life Insurance Trusts and You (The Motley Fool via Yahoo! News)
Trusts are impressively flexible, offering many ways for people to use them. Revocable trusts can encompass many people's entire estate-planning needs in a single document. On the other hand, professionals have tailored some types of trusts to fit very specific situations and types of assets. The life insurance trust, primarily designed to hold life insurance policies, is a prime example.

Non-life insurance firms to hike capital amid global liquidity crunch (GMANews.TV via Yahoo! Philippines News)
MANILA, Philippines - Philippine non-life insurance firms adhere to government directives to strengthen the local insurance industry amid the global financial crisis by raising their paid-up capital by end-2008.

A Detailed Analysis of the Life Insurance Market in Australia - Spot Future Trends, Analyse Leading Companies and ... (Business Wire via Yahoo! Finance)
DUBLIN, Ireland----Research and Markets has announced the addition of the "Life Insurance in Australia" report to their offering.

Protective Life Insurance Company Renews Qualification in IMSA, Ethical Standards


Protective Life Insurance Company Renews Qualification in IMSA, Ethical Standards Organization (Marketwire via Yahoo! Finance)
Protective Life Insurance Company has qualified to renew its membership in the Insurance Marketplace Standards Association, the premier standards-setting organization for the life insurance marketplace.

A Detailed Analysis of the Life Insurance Market in Australia - Spot Future Trends, Analyse Leading Companies and ... (Business Wire via Yahoo! Finance)
DUBLIN, Ireland----Research and Markets has announced the addition of the "Life Insurance in Australia" report to their offering.

Genographic scientists uncover new piece of Phoenician legacy (PhysOrg) The


Genographic scientists uncover new piece of Phoenician legacy (PhysOrg)
The Phoenicians gave the world the alphabet and a love of the color purple, and a research study published today by Genographic scientists in the American Journal of Human Genetics (AJHG-D-08-00725R2) shows that they left some people their genes as well. The study finds that as many as one in 17 men in the Mediterranean basin may have a Phoenician as a direct male-line ancestor.

The #1 Reason Consumers Sell Their Structured Settlements Is to Pay Bills, According to Survey by J.G. Wentworth (Business Wire via Yahoo! Finance)
BRYN MAWR, Pa.----As many as 60% of consumers selling their legal settlements do so to pay bills, according to a recent customer survey conducted by J.G. Wentworth, a specialty finance company that has been purchasing structured settlements since 1992.

Small islands given short shrift in assembling archaeological record (EurekAlert!)
( University of Florida ) Small islands dwarf large ones in archaeological importance, says a University of Florida researcher, who found that people who settled the Caribbean before Christopher Columbus preferred more minute pieces of land because they relied heavily on the sea.

Life Insurance Trusts and You (The Motley Fool via Yahoo!


Life Insurance Trusts and You (The Motley Fool via Yahoo! News)
Trusts are impressively flexible, offering many ways for people to use them. Revocable trusts can encompass many people's entire estate-planning needs in a single document. On the other hand, professionals have tailored some types of trusts to fit very specific situations and types of assets. The life insurance trust, primarily designed to hold life insurance policies, is a prime example.

Corrections: New York Life Insurance Co. (Market Watch)
A MarketWatch story published Oct. 25 identified insurers reportedly interested in exploring the sale of stakes to the government as an extension of its $700 billion rescue program, including New York Life Insurance Co. On Sunday, New York Life Insurance, one of the highest-rated insurers in the U.S., said that Treasury officials recently asked it and others in the life-insurance industry "for ...

AccuQuote Provides Tips for Lowering Term Life Insurance Premiums Making It More Affordable For Families With Current ... (PRWeb via Yahoo! News)
AccuQuote.com, a leading provider of term life insurance quotes to people across the United States, illustrates ways to get term life insurance rates down on existing policies without lapsing coverage.

Top 10 Life Insurance Myths (Investopedia) Life insurance is not


Top 10 Life Insurance Myths (Investopedia)
Life insurance is not a simple product. Even term life policies have many elements that must be considered carefully in order to arrive at the proper type and amount of coverage.

China Life Insurance 3Q net profit down 70 pct (AP via Yahoo! Philippines News)
China Life Insurance, the country's biggest insurer, says its third-quarter net profit fell 70 percent from a year earlier due to weaker investment returns.

Regulator weighs insurance-capital changes (Reuters via Yahoo! Canada News)
Canada's regulator of financial institutions is reviewing capital rules for segregated funds to ensure they are "appropriate" in the current market environment, a spokesman said on Tuesday, which in turn could take some of the pressure off life insurance companies.

Ian Jack: The circus has come to town, but Glenrothes


Ian Jack: The circus has come to town, but Glenrothes is otherwise engaged (Guardian Unlimited)
Glenrothes can be reached directly and quickly from Edinburgh by a series of straight dual carriageways, but on Wednesday I took the traditional and more tentative approach through the old mining settlements that followed the Fife coal seam east towards the sea. A hundred years ago these were boom towns, and until the 1960s wages kept the cooperative stores and bars of their long main ...

Economy batters Winnebago in '08 (Forest City Summit)
Story created Oct 22, 2008 - 10:27:42 CDT.

Top 10 Life Insurance Myths (Investopedia) Life insurance is not


Top 10 Life Insurance Myths (Investopedia)
Life insurance is not a simple product. Even term life policies have many elements that must be considered carefully in order to arrive at the proper type and amount of coverage.

China Life Insurance 3Q net profit down 70 pct (AP via Yahoo! Malaysia News)
China Life Insurance, the country's biggest insurer, says its third-quarter net profit fell 70 percent from a year earlier due to weaker investment returns.

China Life, Ping An Shares Rise on Growth in Premiums (Update1) (Bloomberg)
China Life, the nation's largest insurer , rose 14 percent, the biggest gain since Oct. 14, to close at HK$19.02. Ping An , the second-biggest insurance company, climbed 8.3 percent to HK$26.

China Life's Q3 net profit slides (Reuters via Yahoo! Philippines


China Life's Q3 net profit slides (Reuters via Yahoo! Philippines News)
HONG KONG, Oct 27 (Reuters) - China Life Insurance <2628.HK> <601628.SS>, the country's largest life insurer, on Monday said third quarter net profit fell more than 70 percent as a slump in China's stock markets pared its investment income.

Consumer Tips on Life Insurance and Disability Insurance Added to Websites (PRWeb via Yahoo! News)
LifeInsure.com and ProtectYourIncome.com offer consumers great insurance tips.

Top 10 Life Insurance Myths (Investopedia)
Life insurance is not a simple product. Even term life policies have many elements that must be considered carefully in order to arrive at the proper type and amount of coverage.

Some life left in ETFs (Financial Times) Extreme volatility in


Some life left in ETFs (Financial Times)
Extreme volatility in many traditional asset classes has highlighted the appeal of a somewhat macabre niche of the life insurance sector. The market for traded life policies secondhand life assurance policies of elderly and dying Americans has received a boost from the problems elsewhere.

Olive harvest becomes West Bank battleground (San Francisco Chronicle)
The olive harvest was off to a bad start for Said Abu Aliya _ branches torn from the Palestinian farmer's trees lay scattered on the ground, along with bright-green olives. He blamed Israeli settlers in a nearby hilltop camp, and Israeli soldiers patrolled as...

Ian Jack: The circus has come to town, but Glenrothes is otherwise engaged (Guardian Unlimited)
Glenrothes can be reached directly and quickly from Edinburgh by a series of straight dual carriageways, but on Wednesday I took the traditional and more tentative approach through the old mining settlements that followed the Fife coal seam east towards the sea. A hundred years ago these were boom towns, and until the 1960s wages kept the cooperative stores and bars of their long main ...

Life Insurance Cos. Real Estate Investments Take More Hits (GlobeSt.com)


Life Insurance Cos. Real Estate Investments Take More Hits (GlobeSt.com)
NEW YORK CITY-Ever since the conduit market all but closed its doors more than a year ago, other sources of capital have stepped in to fill the gap. The problem has been, none of these sources a group in which life insurance companies figure prominently have been able to close the gap.

Tips on what steps to take should your insurance company go bust (The Shamokin News-Item)
The extreme turmoil in our economic state will be written into history books and the term stability and financial institutions will not be synonymous. One of the ways that many people manage potential financial risk in their life is through insurance. More than two-thirds of Americans own life insurance policies, nearly 85 percent of Americans have health insurance and more than 200 million ...

Sale of insurance company likely to be completed (The Topeka


Sale of insurance company likely to be completed (The Topeka Capital-Journal)
A Topeka life insurance company is at the center of financial tug of war.

When term-life policy makes sense (The Cincinnati Enquirer)
Last week, I had the opportunity to advise my married son on life insurance. And I told him to buy term insurance.

Murrieta man took out new life insurance before wife's death,


Murrieta man took out new life insurance before wife's death, detectives testify (The Press-Enterprise)
New life insurance policy information was found during a search of a Murrieta man's laptop, and had been sent to his family's e-mail account 22 days before his wife was found bludgeoned to death, detectives testified Wednesday.

SBI Life Insurance assigned "iAAA" (Navhind Times)
MUMBAI- ICRA, one of India s leading rating agencies, has assigned iAAA rating indicating highest claims paying ability to SBI Life Insurance Company Limited.

Life Time Fitness Announces Third Quarter 2008 Financial Results (Business


Life Time Fitness Announces Third Quarter 2008 Financial Results (Business Wire via Yahoo! Finance)
CHANHASSEN, Minn.----Life Time Fitness, Inc. today reported its operating results for the third quarter ended September 30, 2008.

Ongoing debate (BBC News)
UN report revisits Israeli-Palestinian controversy

The Hartford Introduces New Bicentennial Freedom Universal Life Insurance Policy


The Hartford Introduces New Bicentennial Freedom Universal Life Insurance Policy With Optional LifeAccess Accelerated ... (Business Wire via Yahoo! Finance)
SIMSBURY, Conn.----In response to the changing needs of a maturing nation, The Hartford has announced that it will offer its LifeAccess Accelerated Death Benefit Rider as an option on Hartford Bicentennial UL Freedom, a new universal life insurance policy.

Life Insurance Cos. Real Estate Investments Take More Hits (GlobeSt.com)
NEW YORK CITY-Ever since the conduit market all but closed its doors more than a year ago, other sources of capital have stepped in to fill the gap. The problem has been, none of these sources a group in which life insurance companies figure prominently have been able to close the gap.

TM Asia Life Malaysia Offers Insurance Package With Bereavement Product


TM Asia Life Malaysia Offers Insurance Package With Bereavement Product (Bernama)
KUALA LUMPUR, Oct 21 (Bernama) -- Japanese life insurance company, TM Asia Life Malaysia Bhd, in collaboration with bereavement provider, Nian En Memorial Park Sdn Bhd, today launched bereavement product packaged with TM Asia Life Single Premium Investment-Linked plan.

Life Insurance Corporation of India has decided to form a separate wholly owned company LIC Cards Services Limited ... (India Infoline)
Life Insurance Corporation of India proposes to bring out its credit card with the help of Corporation bank as a white labelled/co-branded card with the Bank.

Murrieta man took out new life insurance before wife's death, detectives testify (The Press-Enterprise)
New life insurance policy information was found during a search of a Murrieta man's laptop, and had been sent to his family's e-mail account 22 days before his wife was found bludgeoned to death, detectives testified Wednesday.

LPHI Announces Cash Dividend (Business Wire via Yahoo! Finance) WACO,


LPHI Announces Cash Dividend (Business Wire via Yahoo! Finance)
WACO, Texas----Life Partners Holdings, Inc. announced today that it will pay a quarterly cash dividend of $0.08 per share. This amount includes the ordinary quarterly dividend of $0.07 per share plus the company s traditional Christmas Bonus of $0.01 per share.

U.S. Stocks Trim Declines On Lehman CDS Settlements (Fox News)
U.S. Stocks Trim Declines On Lehman CDS Settlements

Fish farming in Malawi's dustbowl (BBC News)
Aquaculture is bringing food security to hundreds of families in drought prone areas of Malawi.

Life insurance sector fears are 'overdone' (eFinancial News) Market speculation


Life insurance sector fears are 'overdone' (eFinancial News)
Market speculation on the risks that US life insurance companies may default on their outstanding debt is overdone, according to a new report, which argues that these groups have sufficient liquidity to navigate the turbulent conditions in the financial markets.

What To Expect When Applying For Life Insurance (Investopedia)
Life insurance can help ensure that your dependents have the resources they need to replace your income after you die. But how do you go about purchasing coverage? And what can you do to get the best possible rate?

Fitch Downgrades Security Benefit Life Insurance's IFS to 'BB' (Business Wire via Yahoo! Finance)
CHICAGO----Fitch Ratings has downgraded the Insurer Financial Strength ratings of Security Benefit Life Insurance Company and its affiliate, First Security Benefit Life Insurance and Annuity Company of New York , collectively referred to as Security Benefit, to 'BB' from 'BBB-'.

ICICI prudential life insurance records 56 pc growth in H1


ICICI prudential life insurance records 56 pc growth in H1 (Deepika)
Mumbai, Oct 20 (UNI) Private insurer ICICI Prudential Life Insurance today reported a 56 per cent growth for the first half of current fiscal, garnering a total premium of Rs 6,726 crore as against Rs 431 crore it collected for the corresponding period of last fiscal.

ING to divest Taiwanese life insurance business to Fubon for $600 million (Insurance Business Review)
ING has reached an agreement with Fubon Financial Holding, a Taiwanese financial services company, to sell its Taiwanese life insurance business for a consideration equivalent to $600 million.

ADAG eyes AIG's Asian life insurance business (The Times of India)
NEW DELHI: Reliance Anil Dhirubhai Ambani Group (ADAG) is looking to buy out the Asian insurance business of AIG. If it goes through, the deal, which would exclude AIG s Indian businesses, would make Reliance South-East Asia s largest life insurer.

ING to sell Taiwan life insurance biz to Fubon Financial (FE via Yahoo! India News)
A day after receiving a 10 billion euro infusion from the Dutch Government, financial services firm ING on Monday announced sale of its Taiwanese life insurance business for about 447 million euro (USD 600 million) to Fubon Financial Holding.

Israel raps 'thugs' hampering Palestinian olive harvest (AFP via Yahoo!


Israel raps 'thugs' hampering Palestinian olive harvest (AFP via Yahoo! News)
Israeli Defence Minister Ehud Barak on Monday lashed out at "thugs" who interfere with the Palestinian olive harvest, amid reports of further attacks by settlers on farmers in the West Bank.

More lawsuits trip up bloggers on Internet (PhysOrg)
Local blogger Dan Ryan has never been sued for his postings, although one commenter whose anti-Semitic ravings he deleted accused him of slander and threatened "to own my house."

$894M deal ends most of Pfizer's lawsuits (USA Today)
Drug giant Pfizer Inc. has reached an $894 million deal to end most of the lawsuits over its two prescription pain relievers, the popular Celebrex and a similar drug, Bextra, no longer on the market.

ING committed to Thai business growth (Bangkok Post - Thailand's English news)
The Dutch financial services giant ING Group has affirmed the financial strength of its Thailand operations and committed to increasing its investments in banking, asset management and life insurance.

ING sells Taiwan insurance unit after bailout (International Herald Tribune)


ING sells Taiwan insurance unit after bailout (International Herald Tribune)
The Dutch financial services company ING Group said Monday that it would sell its sell its Taiwan life insurance unit to Fubon Financial, a day after it received a massive capital injection from taxpayers.

(AFX UK Focus) 2008-10-20 02:27 Taiwan's Fubon to buy ING's Taiwan life insurance unit for 600 mln usd (Interactive Investor)
TAIPEI (XFN-ASIA) - Fubon Financial Holding Co Ltd (2881.TW) said it has agreed to buy ING Group's Taiwan life insurance unit for 600 mln usd.

Include Life Insurance in Your 'Must Have' Budget (Palatka Daily


Include Life Insurance in Your 'Must Have' Budget (Palatka Daily News)
(ARA) - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Insurance firm plans to bypass agents (Calcutta News)
In the distributor-driven Indian insurance market, Aegon Religare Life Insurance plans to toy with direct sales as part of its strategy to break even in three years.

Ping An Insurance predicts Q3 loss for Fortis investment (People's Daily)
Ping An Insurance (Group) Company forecast third-quarter losses in a notice released on Saturday as it booked a huge loss with its investment in Fortis shares. An initial calculation showed Ping An, the country's second biggest life insurer after China Life, suffered losses in the first three quarters, the notice said. According to the insurer, the forecast losses largely resulted from its third ...

Early immigrants slow to learn English (UPI) MADISON, Wis., Oct.


Early immigrants slow to learn English (UPI)
MADISON, Wis., Oct. 18 (UPI) -- A study of 19th century immigration finds little evidence earlier generations of immigrants to the United States learned English to survive, research indicates.

The politics of document and document illiteracy of Kurdish politics PART II (Kurdish Media)
The final criterion: the involvement of international actors and being backed up by international law and international guarantees is the most important factor than must be embedded into a political document to make it valid in terms of international law and effective in terms of international power politics.

Israel brand Will Magically Smell Sweeter (Middle East Online)
Israel continues to persecute Christians as well as Muslims, and is said to be planning a reinvasion of half-starved Gaza to crush the remnants of Palestine's democratically-elected government, notes Stuart Littlewood .

Life Partners Holdings Inc. to Host Conference Call (Business Wire via Yahoo! Finance)
WACO, Texas----Life Partners Holdings, Inc. , parent company of Life Partners, Inc., a leader in the secondary life insurance market known as "life settlements," today announced that it will hold a conference call to discuss its financial results for the second quarter ended August 31, 2008.

SURVEY SAYS: 77 million in U.S. lack life insurance (Courier-Post)


SURVEY SAYS: 77 million in U.S. lack life insurance (Courier-Post)
According to a new survey commissioned by Heritage Union's Salary Shield, more than one-third of Americans -- a total of 77 million -- do not have life insurance.

Include Life Insurance in Your 'Must Have' Budget (Carteret County News-Times)
(ARA) - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Insurance firm plans to bypass agents (Calcutta News)
In the distributor-driven Indian insurance market, Aegon Religare Life Insurance plans to toy with direct sales as part of its strategy to break even in three years.

Aflac May Buy AIG's Japan Life Insurance Unit, CEO Amos


Aflac May Buy AIG's Japan Life Insurance Unit, CEO Amos Says (Bloomberg)
Oct. 14 (Bloomberg) -- Aflac Inc. , the world's largest seller of supplemental health insurance, may bid for American International Group Inc. 's Alico Japan life insurance unit, Chief Executive Officer Daniel Amos said.

TIAA-CREF Life Insurance Company Achieves National Ethics Recognition With IMSA (Marketwire via Yahoo! Finance)
TIAA-CREF Life Insurance Company, a New York domiciled company that primarily conducts its business operations from Charlotte, North Carolina, has attained qualification in the Insurance Marketplace Standards Association, the leading independent standards-setting organization for the life insurance, annuity and long-term care insurance marketplace.

Slain Alberta woman's husband discusses life insurance policy (Canada.com)
The husband of a former Canadian woman found strangled in North Carolina says he's in line to receive $75,000 through a life insurance policy.

Sumitomo Life Will Limit Overseas Investments on Currency Risk (Bloomberg)
Oct. 17 (Bloomberg) -- Sumitomo Life Insurance Co., Japan's fourth-largest life insurer, said it plans to limit investment in overseas assets in an effort to reduce its currency risk.

Max New York Life launches Max Vijay scheme (Express India)


Max New York Life launches Max Vijay scheme (Express India)
Taking a cue from the mobile telecom sector, Max New York Life Insurance on Wednesday, launched Max Vijay, an innovative insurance scheme that has been made affordable, accessible and flexible for the common man.

TIAA-CREF Life Insurance Company Achieves National Ethics Recognition With IMSA (Marketwire via Yahoo! Finance)
TIAA-CREF Life Insurance Company, a New York domiciled company that primarily conducts its business operations from Charlotte, North Carolina, has attained qualification in the Insurance Marketplace Standards Association, the leading independent standards-setting organization for the life insurance, annuity and long-term care insurance marketplace.

A.M. Best Revises Outlook to Negative for Illinois Mutual Life Insurance Company (Business Wire via Yahoo! Finance)
OLDWICK, N.J.----A.M. Best Co. has revised the rating outlook to negative from stable and affirmed the financial strength rating of A- and issuer credit rating of "a-" of Illinois Mutual Life Insurance Company .

A.M. Best Places Ratings of Standard Life Insurance Company of Indiana under Review with Negative Implications (Business Wire via Yahoo! Finance)
OLDWICK, N.J.----A.M. Best Co. has placed the financial strength rating of B++ and issuer credit rating of "bbb" of Standard Life Insurance Company of Indiana under review with negative implications.

Life Partners Holdings Inc. to Host Conference Call (Business Wire


Life Partners Holdings Inc. to Host Conference Call (Business Wire via Yahoo! Finance)
WACO, Texas----Life Partners Holdings, Inc. , parent company of Life Partners, Inc., a leader in the secondary life insurance market known as "life settlements," today announced that it will hold a conference call to discuss its financial results for the second quarter ended August 31, 2008.

UnitedHealth's third-quarter profit drops 28 percent (Pioneer Press)
INDIANAPOLIS The insurer UnitedHealth Group Inc. reported a 28 percent drop in third-quarter profit today, driven in part by higher operating costs, lower investment income and settlements for class-action lawsuits.

Aflac May Buy AIG's Japan Life Insurance Unit, CEO Amos


Aflac May Buy AIG's Japan Life Insurance Unit, CEO Amos Says (Bloomberg)
Oct. 14 (Bloomberg) -- Aflac Inc. , the world's largest seller of supplemental health insurance, may bid for American International Group Inc. 's Alico Japan life insurance unit, Chief Executive Officer Daniel Amos said.

MIB Life Index Reports North American Life Insurance Activity Off 3.8% in September (PR Newswire via Yahoo! Finance)
North American application activity for individually underwritten life insurance was down -3.8% in September year-over-year, according to the MIB Life Index.

Yamato Life Insurance files for bankruptcy (Insurance Business Review) Yamato


Yamato Life Insurance files for bankruptcy (Insurance Business Review)
Yamato Life Insurance, a Japanese insurer with nearly JPY269 billion in liabilities, has filed for bankruptcy protection, making it the first Japanese financial institution to fall in the current global financial crisis.

Company offering free life insurance (Journal Inquirer)
Springfield-based Massachusetts Mutual Life Insurance Co. plans to issue $50,000 term life insurance policies to benefit children of eligible working families in Connecticut at no cost to the families, company officials said Thursday.

Max New York Life Insurance appoints new CEO (Insurance Business Review)
Max New York Life Insurance, the joint venture between Max India and New York Life International, has named Rajesh Sud as the new CEO and managing director of the joint venture operation, effective November 1, 2008, pending formal Insurance Regulatory and Development Authority approval.

Nigeria: Olusosun Residents And the Battle Against Refuse (AllAfrica.com) The


Nigeria: Olusosun Residents And the Battle Against Refuse (AllAfrica.com)
The major reason for the creation of dumpsites by the Lagos State Government is to rid the state of refuse being generated daily in thousands of tons. One of the dumpsites is situated at Olushosun in Ojota.

Fasano Announces Agenda for November 5 Conference (Business Wire via Yahoo! Finance)
WASHINGTON----Fasano Associates released the Agenda for its 5th Annual Life Settlement Conference, to be held on Wednesday, November 5, 2008 at its headquarters in Washington, D.C.

Obituary: Michael E. Kusturiss / Canonsburg attorney who advocated for women in divorce cases (Pittsburgh Post-Gazette)
Around Canonsburg, everyone seemed to know Michael Kusturiss' name.

Villagers hire guards for bear protection (ABC via Yahoo!7 News)
Hungry bears are making life tense for the residents of two Siberian villages who have had to resort to employing armed guards.

Max New York Life Insurance appoints Rajesh Sud as chief


Max New York Life Insurance appoints Rajesh Sud as chief executive officer and managing director (New Kerala)
New Delhi, October 13: Max New York Life Insurance Ltd., the joint venture between Max India Ltd. and New York Life International, LLC, the international arm of New York Life Insurance Company, announced today that Rajesh Sud, has been named Chief Executive Officer and Managing Director of the joint venture operation, effective November 1, pending formal IRDA approval.

Include Life Insurance in Your 'Must Have' Budget (Carteret County News-Times)
(ARA) - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Max New York Life Appoints Rajesh Sud as Chief Executive Officer and Managing Director (Business Wire via Yahoo! Finance)
NEW DELHI, India----Max New York Life Insurance Ltd., the joint venture between Max India Ltd. and New York Life International, LLC, the international arm of New York Life Insurance Company, announced today that Rajesh Sud, has been named chief executive officer and managing director of the joint venture operation, effective November 1, pending formal IRDA approval.

S&P Revises U.S. Life Insurance Sector Outlook To Negative (Fox


S&P Revises U.S. Life Insurance Sector Outlook To Negative (Fox News)
S&P Revises U.S. Life Insurance Sector Outlook To Negative

Company offering free life insurance (Journal Inquirer)
Springfield-based Massachusetts Mutual Life Insurance Co. plans to issue $50,000 term life insurance policies to benefit children of eligible working families in Connecticut at no cost to the families, company officials said Thursday.

Include Life Insurance in Your 'Must Have' Budget (Carteret County News-Times)
(ARA) - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Setting an estate plan through irrevocable life insurance trusts (BizJournals)
Although most middle-class Americans realize the importance of reducing the value of their estate for estate tax purposes, many have accumulated more wealth than they realize and need to understand the ramifications.

Amish population surges (Moldova.org) Sociologists say high birth rates have


Amish population surges (Moldova.org)
Sociologists say high birth rates have helped thousands of Amish families expand to states beyond traditional settlements in Ohio and Pennsylvania.Since 1992, an estimated 11,600 Amish families have moved from rapidly suburbanized areas to states that still have cheap and isolated land, reported the Religion News Service in a story published Saturday in The Washington Post.New communities have ...

Global warming grips Greenland, leaves lasting mark (The Toledo Blade)
First of four parts ILULISSAT, GREENLAND Beyond the howl of sled dogs echoing across this hilly coastal village is the thunderclap of ancient icebergs splitting apart, a deafening rumble you feel in your bones. There's no mistaking its big, loud, and powerful boom, a sound that can work up to a crescendo like rolling thunder. Or be as sudden as a shotgun blast. Lifelong Greenland resident ...

Japan's Yamato Life Insurance files for protection: report (AFP via


Japan's Yamato Life Insurance files for protection: report (AFP via Yahoo! News)
Japan's Yamato Life Insurance is in the process of filing for bankruptcy protection, Jiji Press reported Friday.

Insurance firm set to release sale procedure (Sun Star)
PRE-need insurance giant Philippine American Life and General Insurance Company (Philamlife) is set to release the procedure in the sale of the multi-billion company from its mother company American International Group (AIG) within this week after a meeting with the federal appointed international banking institutions.

Examine the U.S. Life Insurance Carriers Industry with this Comprehensive Report (Business Wire via Yahoo! Finance)
DUBLIN, Ireland----Research and Markets has announced the addition of the "2009 U.S. Life Insurance Carriers Industry Report" report to their offering.

Company offering free life insurance (Journal Inquirer) Springfield-based Massachusetts Mutual


Company offering free life insurance (Journal Inquirer)
Springfield-based Massachusetts Mutual Life Insurance Co. plans to issue $50,000 term life insurance policies to benefit children of eligible working families in Connecticut at no cost to the families, company officials said Thursday.

Examine the U.S. Life Insurance Carriers Industry with this Comprehensive Report (Business Wire via Yahoo! Finance)
DUBLIN, Ireland----Research and Markets has announced the addition of the "2009 U.S. Life Insurance Carriers Industry Report" report to their offering.

Japan's Yamato Life Insurance files for protection: report (AFP via


Japan's Yamato Life Insurance files for protection: report (AFP via Yahoo! News)
Japan's Yamato Life Insurance is in the process of filing for bankruptcy protection, Jiji Press reported Friday.

Family Finances: How to evaluate life insurance (Pittsburgh Post-Gazette)
The recent U.S. government rescue of leading insurer AIG should serve as a reminder of how important the strength of your life insurance company is.

Chris's African travels now in print (John O'Groat Journal) A


Chris's African travels now in print (John O'Groat Journal)
A WICK man who is presently working in Mozambique with Save the Children, has had a book about his life in Nubia and other places published.

HBOS, RBS, European Banks Slide on Lehman Concern (Update3) (Bloomberg)
Oct. 10 (Bloomberg) -- HBOS Plc and Royal Bank of Scotland Group Plc were among the biggest decliners in European trading as investors anticipated losses linked to Lehman Brothers Holdings Inc. and a worldwide recession.

Surrenda-Link Sees Credit Crunch Boost Investor Interest in Life Settlements (Bernama via Yahoo! Malaysia News)
ATTENTION EDITOR, BUSINESS DESK

Advanced Settlements Is Now Accepting Small Face Policies (PR Newswire via Yahoo! Finance)
Advanced Settlements, Inc., a national leader in the life settlement marketplace, announced they are now accepting small face life insurance policies with a face value of $50,000 and up.

Financial tips: Life insurance (The Shreveport Times) The main objective


Financial tips: Life insurance (The Shreveport Times)
The main objective of life insurance is to protect the family and creditors from financial loss due to the death of the insured.

Allianz Life Insurance launches MasterDex X Annuity (Insurance Business Review)
Allianz Life Insurance Company of North America has announced that its new Allianz MasterDex X Annuity is available for sale in 27 states.

Include Life Insurance in Your 'Must Have' Budget (Carteret County News-Times)
(ARA) - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Financial tips: Life insurance (The Shreveport Times) The main objective


Financial tips: Life insurance (The Shreveport Times)
The main objective of life insurance is to protect the family and creditors from financial loss due to the death of the insured.

Taiwan Sells Asia Trust Headquarters To Taiwan Life Insurance (Nasdaq)
TAIPEI -(Dow Jones)- Taiwan sold the headquarters of failed lender Asia Trust & Investment Corp. to Taiwan Life Insurance Co. (2833.TW) for NT$3.03 billion, Central Deposit Insurance Corp. spokesman Alex Lai said Wednesday.

Include Life Insurance in Your 'Must Have' Budget (Carteret County News-Times)
(ARA) - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Imperial Finance & Trading, LLC Launches New Corporate Website (Centre


Imperial Finance & Trading, LLC Launches New Corporate Website (Centre Daily Times)
Imperial Finance and Trading, LLC, a leader in premium finance for life insurance, life insurance sales, and structured settlements, is pleased to announce the launch of its new corporate website.

J.G. Wentworth Announces: Liquidity Options for 'Illiquid' Financial Assets -- What Personal Finance Advisors Need to ... (GlobeNewswire via Yahoo! Finance)
BRYN MAWR, Pa., Oct. 7, 2008 -- Turmoil on Wall Street, the credit crunch and the high cost of energy have caused many Americans to look closely at the value of their assets. But when they turn to their life insurance brokers, financial planners and elder care advisors with questions about selling illiquid financial assets like life insurance policies, annuities and even legal settlements, they ...

Financial tips: Life insurance (The Shreveport Times) The main objective


Financial tips: Life insurance (The Shreveport Times)
The main objective of life insurance is to protect the family and creditors from financial loss due to the death of the insured.

5 Mistakes That Can Ruin Your Life (Insurance) (Investopedia)
There are many good reasons to consider buying a life insurance policy, such as a recent marriage, a new baby, or a large debt purchase (like a mortgage ) that loved ones would have trouble paying if something happened to you.

Matt Reddy Named Vice President of National Accounts at Fort


Matt Reddy Named Vice President of National Accounts at Fort Dearborn Life Insurance Company(R) (Marketwire via Yahoo! Finance)
Fort Dearborn Life Insurance Company announces the appointment of Matt Reddy as vice president of National Accounts. Reddy will be responsible for developing National Accounts sales in the employee benefits division and will report directly to president and CEO Anthony F. Trani.

Financial tips: Life insurance (The Shreveport Times)
The main objective of life insurance is to protect the family and creditors from financial loss due to the death of the insured.

AIG to sell Japanese life insurance units (Reuters via Yahoo! News)
American International Group Inc, plans to sell its three Japanese life insurance businesses, an AIG spokesman said on Saturday, in sale Japanese media estimated could top $9.5 billion.

Hanging on for dear life (Independent Online) The purple marsh


Hanging on for dear life (Independent Online)
The purple marsh crab (Afrithelphusa monodoso) from upper Guinea in west Africa was virtually unknown to science until 2005...

Surrenda-Link Sees Credit Crunch Boost Investor Interest in Life Settlements (PR Newswire via Yahoo! Finance)
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Surrenda-Link Sees Credit Crunch Boost Investor Interest in Life Settlements (Press Trust of India)
Surrenda-link Investment Management, Europe's premier traded life policy investment specialist(1), has received soaring levels of enquiries from institutional investors regarding US Life Settlement investments.

Woman who killed mate to get insurance money (The Scranton


Woman who killed mate to get insurance money (The Scranton Times-Tribune)
A Meshoppen woman who shot and killed her husband while on a hunting trip in Canada in 2006 will receive life insurance proceeds with the resolution of two civil lawsuits.

AIG to sell Japanese life insurance units (Reuters via Yahoo! News)
American International Group Inc, plans to sell its three Japanese life insurance businesses, an AIG spokesman said on Saturday, in sale Japanese media estimated could top $9.5 billion.

The life insurance sector will continue to be a preferred tool for long-term investment (Express India)
Even as competition intensifies in the domestic life insurance sector, ICICI Prudential Life (ICICI Pru) has maintained its top slot in the country's private sector life insurer segment.

5 Mistakes That Can Ruin Your Life (Insurance) (Investopedia)
There are many good reasons to consider buying a life insurance policy, such as a recent marriage, a new baby, or a large debt purchase (like a mortgage ) that loved ones would have trouble paying if something happened to you.

Heath Ledger's ex-lawyer suing over $10M life insurance policy (The


Heath Ledger's ex-lawyer suing over $10M life insurance policy (The Pantagraph)
LOS ANGELES -- A former attorney for Heath Ledger is suing over a $10 million life insurance policy he claims has gone unpaid since the actor s death earlier this year. | Video

October Law Chases Life Insurance Ghouls (The Commercial Record)
One rather unsavory niche of the life insurance industry has spawned a strange spin-off job people who call up elderly policyholders to see if they re dead yet.

AIG will sell life insurance business to pay back federal loan (Asbury Park Press)
American International Group Inc., the insurer forced to peddle businesses to repay an $85 billion government loan, will sell its life insurance operations in the U.S., Europe, Latin America, South Asia and Japan.

Spike in life insurance CDS spreads said overdone (Reuters via Yahoo! Philippines News)
NEW YORK, Oct 3 (Reuters) - A sharp increase in the cost of insuring U.S. life insurance companies' debt against the risk of default is overdone as the major players are not facing any liquidity or solvency issues, research firm CreditSights said on Friday.

Some notes on Minorities: the need to redefine Identities (Minda


Some notes on Minorities: the need to redefine Identities (Minda News)
MALAYBALAY CITY (MindaNews/04 October) -- If there is any single term that serves to justify the exclusion of indigenous peoples from mainstream political and social processes, it is minority/minorities .

The spark of life was doused in 'Flash of Genius' (East Valley Tribune)
An actor so effortlessly charming and endearing that you assume, deep down, he must be harboring some kind of filthy secret, Greg Kinnear has been perfectly cast in Flash of Genius, Marc Abraham s fact-based drama about an all-American family man driven to madness when corporate America tries to take credit for one of his groundbreaking inventions.

Safety, Security and Good Returns Still Available to Investors Despite Subprime Crisis - US Life Settlements (PRWeb via Yahoo! News)
Investors around the world are searching for safe and secure investments in an effort to avoid the volatility we are currently seeing in the market. A new collaborative effort between Mosaic Management Group, Wizard and Fundabilis promises to answer investors needs worldwide.

Struggle for the Islands (New York Review of Books)
An article by Freeman Dyson from The New York Review of Books, October 23, 2008

Spike in life insurance CDS spreads said overdone (Reuters via


Spike in life insurance CDS spreads said overdone (Reuters via Yahoo! Philippines News)
NEW YORK, Oct 3 (Reuters) - A sharp increase in the cost of insuring U.S. life insurance companies' debt against the risk of default is overdone as the major players are not facing any liquidity or solvency issues, research firm CreditSights said on Friday.

AIG will sell life insurance business to pay back federal loan (Asbury Park Press)
American International Group Inc., the insurer forced to peddle businesses to repay an $85 billion government loan, will sell its life insurance operations in the U.S., Europe, Latin America, South Asia and Japan.

Heath Ledger's ex-lawyer suing over $10M life insurance policy (The Pantagraph)
LOS ANGELES -- A former attorney for Heath Ledger is suing over a $10 million life insurance policy he claims has gone unpaid since the actor s death earlier this year. | Video

AIG to sell 3 Japanese life insurance units (AP via Yahoo! Finance)
Embattled insurer American International Group Inc. said it will sell three of its Japanese life insurance businesses. As part of its effort to pay off a massive U.S. government loan, AIG has decided to unload Alico Japan, AIG Edison Life Insurance Co., and AIG Star Life Insurance Co., the company said late Friday.

What is variable life insurance? (Investopedia) What is variable life


What is variable life insurance? (Investopedia)
What is variable life insurance? Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash value account, which is invested in a number of sub-accounts available in the policy.

Heath Ledger's ex-lawyer suing over $10M life insurance policy (The Pantagraph)
LOS ANGELES -- A former attorney for Heath Ledger is suing over a $10 million life insurance policy he claims has gone unpaid since the actor s death earlier this year. | Video

Allianz Life Insurance enhances Allianz Vision Variable Annuity (Insurance Business Review)
Allianz Life Insurance Company of North America has enhanced its Allianz Vision Variable Annuity. New options include the Lifetime Plus 10 Benefit and a Cumulative Withdrawal Benefit feature.

Guardian Life Insurance adds new withdrawal benefit rider to variable


Guardian Life Insurance adds new withdrawal benefit rider to variable annuities (Insurance Business Review)
The Guardian Life Insurance Company of America has added a new guaranteed lifetime withdrawal benefit rider to its variable annuities designed for individuals who want to invest more for retirement and supplement their retirement income.

KCMH Announces Launch of Independent Insurance Division: Health, Life and Senior Market Policies Offered (Business Wire via Yahoo! Finance)
FRISCO, Texas----KCMH today announced the launch of its insurance division, KCM Insurance Services , which is expected to generate an estimated quarter million dollars in Q4 2008. KCMIS is an agency that provides comprehensive life, health and senior Medicare Advantage and supplemental insurance products across North America for individuals and companies with 50 employees or less.

Life Settlement Association Disappointed With Gov. Schwarzenegger's Veto of Life


Life Settlement Association Disappointed With Gov. Schwarzenegger's Veto of Life Settlement Legislation (Marketwire via Yahoo! Finance)
Life Insurance Settlement Association Executive Director Doug Head issued the following statement today in the wake of California Governor Arnold Schwarzenegger's veto of SB 1543.

New Investment Fund Offers Safety and Growth (PR Newswire via Yahoo! Finance)
BCAJ Investments West, Inc. recently announced the creation of a new investment pool to exclusively seek returns from the purchase of life insurance policies, also known as life settlements.

Ehud Olmert: Israel should pull out from occupied lands for the sake of peace (Russian Information Agency Novosti)
MOSCOW. (RIA Novosti political commentator Andrei Murtazin) - The latest statements by the retiring Israeli Prime Minister Ehud Olmert provoked a shock reaction in Israel and restrained joy among Arabs.

KCMH Announces Launch of Independent Insurance Division: Health, Life and


KCMH Announces Launch of Independent Insurance Division: Health, Life and Senior Market Policies Offered (Business Wire via Yahoo! Finance)
FRISCO, Texas----KCMH today announced the launch of its insurance division, KCM Insurance Services , which is expected to generate an estimated quarter million dollars in Q4 2008. KCMIS is an agency that provides comprehensive life, health and senior Medicare Advantage and supplemental insurance products across North America for individuals and companies with 50 employees or less.

Heath Ledger's ex-lawyer suing over $10M life insurance policy (The Pantagraph)
LOS ANGELES -- A former attorney for Heath Ledger is suing over a $10 million life insurance policy he claims has gone unpaid since the actor s death earlier this year. | Video

Attorney suing firm over Ledger's life insurance (Deseret Morning News)
A former attorney for Heath Ledger is suing over a $10 million life insurance policy he claims has gone unpaid since the actor's death earlier this year.