Best's Review articles from May 2002

Best's Review archives from May 2002

A measure of success. (Editor's Prologue).(online insurance marketing trends)(Brief Article)
May 1, 2002... Success cannot be measured by sales alone. That's what many insurers have learned after years of trying to use the Internet to sell policies. Direct online sales of insurance never really took off, although a significant number of auto and term...

House calls. (Comment).(Brief Article)(Correction Notice)
May 1, 2002... In the January 2002 edition of Best's Review, an Insight column by Barry Wilkinson described self-diagnostic tests as an important concern for the life insurance industry. These at-home tests are potentially a way to provide more accurate,...

A chip off the old block: Equity analysts say hard market spurs property/casualty spinoffs. (Briefing).(Brief Article)(Statistical Data Included)
May 1, 2002... Favorable market conditions and convergence factors unique to the property/casualty segment have encouraged financial-services giant Citigroup Inc. to spin off its property/casualty subsidiary, followed by speculation that General Electric Co....

Travelers Property Casualty IPO tops $4 billion. (Briefing).(initial public offering)(Brief Article)(Statistical Data Included)
May 1, 2002... The debut of Travelers Property Casualty Corp. on Wall Street appears to be a success, bringing in net proceeds of $4.1 billion. The initial public offering puts Travelers at the top of the all-time list of IPOs for insurers, according to...

By the numbers.(insured losses due to natural disasters, world)(Brief Article)(Statistical Data Included)
May 1, 2002... By the Numbers 2001 Catastrophes: Terrorism, Tropical Storm and Typhoons The United States accounted for four-fifths of all insured losses worldwide because of the events of Sept. 11 and Tropical Storm Allison. An explosion at a...

The Colorado House Appropriations Committee rejected a bill that would have given consumers a choice of a tort-based auto insurance policy. (Around the Nation).(Brief Article)
May 1, 2002... The Colorado House Appropriations Committee rejected a bill that would have given consumers a choice of a tort-based auto insurance policy, which allows more freedom to sue other drivers, or a no-fault policy, which requires them to give up...

Since South Carolina established itself as a captive domicile in 2000, legislation to further the cause has moved swiftly. (Around the Nation).(Brief Article)
May 1, 2002... Since South Carolina established itself as a captive domicile in 2000, legislation to further the cause has moved swiftly. This year's legislation makes it simpler for captive insurers to relocate to South Carolina from other domiciles. ...

A bill introduced in the U.S. House would establish a federal natural disaster reinsurance program for coastal areas and communities where insurers don't offer homeowners policies. (Capitol Notes).(Brief Article)
May 1, 2002... A bill introduced in the U.S. House would establish a federal natural disaster reinsurance program for coastal areas and communities where insurers don't offer homeowners policies. The bill would cover only tropical cyclones, including...

The airline industry would see its $100 million third-party liability limit for terrorist acts extended to Dec. 31, 2003. (Capitol Notes).(Brief Article)
May 1, 2002... The airline industry would see its $100 million third-party liability limit for terrorist acts extended to Dec. 31, 2003, under a bill introduced in the U.S. House. The liability limit applies only to third-party victims, such as people on the...

E-Fusion speakers to address real-world issues. (Briefing).
May 1, 2002... A.M. Best Co.'s E-Fusion Conference, which was cancelled last year due to travel concerns following the terror attacks, has been rescheduled for Sept. 29 through Oct. 1 at the J.W Marriott hotel in Washington, D.C. Many of this year's...

Bush: Terror insurance backstop needed in case of another attack. (Briefing).(Brief Article)
May 1, 2002... Using labor and construction as a backdrop, President Bush called on the Senate to enact a terrorism insurance bill because the U.S. economy needs it to avert a catastrophe if another attack occurs. Sept. 11 had a major negative impact on...

Auto liability insurance to be mandatory in Russia. (Briefing).(Brief Article)
May 1, 2002... Russian drivers will have to buy auto liability coverage starting in 2003, but the growth of insurance in the market isn't expected to happen quickly, according to one industry expert. Motor liability coverage in Russia will become...

Flood of Missouri insurers applies for mold exemptions. (Briefing).(Brief Article)
May 1, 2002... The Missouri Department of Insurance has received 25 to 30 documents this year from insurers trying to apply for mold exemptions, even though mold hasn't been a major problem in the state. The applications come in reaction to a highly...

Prescription volume causes continued rise in drug costs. (Briefing).(Brief Article)(Statistical Data Included)
May 1, 2002... U.S. spending on prescription drugs rose 17% in 2001, the fourth year in a row to see escalation of 17% or more. The rise is attributed to the increase in both the volume and expense of drugs, according to a new study. Spending on drugs...

Dog-Mauling death spotlights liability issues. (Briefing).(Brief Article)
May 1, 2002... The recent conviction of a San Francisco woman whose two large dogs killed a neighbor might spur some insurers to take a closer look at liability coverages and the way policies are underwritten for dog owners. On Jan. 26, 2001, Marjorie...

Best's Rating Changes. (Ratings).(Illustration)
May 1, 2002... This summary of Best's Rating Changes includes U.S.-domiciled life, health-care and property/casualty insurers as well as international insurers that had ratings assigned, changed or placed under review since this section last appeared in the...

What works online: Some insurers have found the key to unlocking online sales. (E-Commerce: Cover Story).
May 1, 2002... Insurers face a difficult challenge when it comes to building online sales. They must meld the disparate goals of selling complicated products online and meeting consumer demands for immediate gratification, while making sure the Web site...

Giving credit its due: Insurers, agents, legislators, regulators and consumers battle to define the role of insurance scoring. (Industry Strategies: Insurance Scoring).
May 1, 2002... Credit-based insurance scoring--the use of credit information to help set premiums and select risks--has become the hottest issue on the personal lines front. At least three states have enacted restrictive legislation, and dozens of others are...

The new producers: Insurers have a great opportunity to tap into banks' large customer bases, but they have to be willing to think like banks. (Industry Strategies: Distribution).
May 1, 2002... Imaging how an insurer's sales could grow if it could sell products to a majority of the customers of a good sized bank. Imagine the effect of selling through several banks. "A good bank program may have a 5% customer-base penetration, as...

No sale: Despite Gramm-Leach-Bliley, there are still obstacles holding back bank and insurance company mergers. (Industry Strategies: Banks in Insurance).
May 1, 2002... Since passage of the Gramm-Leach-Bliley Financial Services Modernization Act on Nov. 12, 1999, only a handful of banks have acquired insurance companies, and those acquisitions have been relatively small deals. This lack of bank-insurance...

Shadows of success: Despite their low profile, good actuaries make important contributions to the overall success of insurance organizations. (Industry Strategies: Actuaries).
May 1, 2002... Insurance organizations need four resources to function-customers, workers, money and legal authority. Although often regarded as behind-the-scenes numbers crunchers, actuaries can play a critical role in all four areas. Marketing actuaries can...

The next hurdle: Brokers say July 1 reinsurance renewals will be the true test for the industry. (Industry Strategies: Brokers).(Statistical Data Included)
May 1, 2002... Insurance brokers warn that the next wave of post-Sept. 11 reinsurance treaty renewals could have considerable impact on insurance costs for larger corporations. Conceding that the much-heralded round of Jan. 1 renewals passed without...

Hard market hits Fairways: After nearly a decade of competing intensely for new policies, insurers of golf courses are raising rates and turning down some business. (Property/Casualty: Golf).(Statistical Data Included)
May 1, 2002... Golf's popularity grew smartly in the 1990s as more players took up the game and the industry built new courses. Insurers, meanwhile, were eager to join in with new programs of coverage they wrote at artificially low prices as they competed for...

Cover charge: Premiums for professional liability insurance for public companies are likely to skyrocket following years of escalating claims and recent high-profile cases. (Property/Casualty: Professional Liability).
May 1, 2002... Past problems combined with present headaches are reducing capacity and increasing pricing for directors and officers and errors and omissions coverage. The D&O market is in "considerable disarray," reeling from years of under-priced...

On the defensive: Companies and their insurers must consider jurors' attitudes about employer responsibility to successfully defend against sexual harassment and discrimination lawsuits. (Property/Casualty: Employment Practices).(Statistical Data Included)
May 1, 2002... Employment-related claims are among the most difficult to assess. Claims of disparate treatment, based on age, disability ethnic or national origin, race or religious discrimination, can arise under a complex myriad of federal and state laws....

Building on solid ground: Recent mergers and acquisitions have consolidated much of the surety market among several multiline companies. And despite recent losses, surety remains a profitable and consistent business. (Property/Casualty: Surety).
May 1, 2002... The niche market of surety bonds has been undergoing a dramatic change, with mergers and acquisitions reshaping the landscape. Just this past December, St. Paul Cos.--the top writer of surety bonds for 1999 and 2000--acquired the right to renew...

Being clear up front: There are more areas of potential reinsurance coverage disputes than you may think. (Property/Casualty: Underwriting Insight).(Brief Article)
May 1, 2002... Fronting policies for other insurers and reinsurers has always been fraught with peril. Underwriters often dismissed these risks, because policy-issuing insurers were able to garner more recognition from customers and brokers. The fact that a...

Plymouth Rock Assurance offers Door-to-Door Service. (Property/Casualty: Marketplace).(Brief Article)
May 1, 2002... Plymouth Rock Assurance Corp.'s new Door-to-Door Service delivers the damaged car to the shop, provides a rental car and returns the repaired car to the customer faster. "This really takes the hassle out of the whole repair process and...

Progressive offers Texans car loan payoff coverage. (Property/Casualty: Marketplace).(Brief Article)
May 1, 2002... When insurance companies declare a vehicle a total loss, there may a gap between the actual cash value of a vehicle and what is owed to the bank or leasing company. Coverage for such occurrences is called "gap" or "loan/lease payoff" insurance...

E-business coverage risks might outweigh rewards. (Property/Casualty: Marketplace).(electronic commerce)(Brief Article)
May 1, 2002... A new study tram Conning & CO. recommends that insurers take a cautious approach when developing their e-business strategies. There are many questions about both the short-term and long-term viability of e-business insurance that are difficult...

Hartford introduces new ad campaign. (Property/Casualty: Marketplace).(Hartford Financial Services Group Inc.)(Brief Article)
May 1, 2002... Hartford Financial Services Group Inc. is taking a quiet approach in its new $20 million advertising campaign. Its first new campaign in three years features scenes from everyday life that the insurer hopes will trigger viewers to think about...

Laws and profits: There are reasons to believe that the industry will quickly return to declining rates and low profits. (Property/Casualty: Loss/Risk Management Insight).(Brief Article)
May 1, 2002... Forecasting is very difficult," says Fiedler's First Law, "especially if it's about the future." Two notable exceptions are death and taxes, both seemingly inevitable. A third exception is the underwriting cycle, which can be safely forecast to...

Strategic risk management reduces financial uncertainty. (Property/Casualty: Loss/Risk Management Notes).(Brief Article)
May 1, 2002... Risk management might be a way for companies to maintain stable earnings and secure a competitive advantage in an uncertain economy, according to a study done for Aon Corp. Strategic risk management can create significant benefits,...

Computer insurer cries over spilled milk, water, coffee. (Property/Casualty: Loss/Risk Management Notes).(Safeware computer insurance damage claims)(Brief Article)(Statistical Data Included)
May 1, 2002... Accidental damage continues to be the No. 1 cause of loss among personal computer owners, according to a recent insurance industry study. Most of these accidents are due to owner negligence. After analyzing PC claims filed in 2001, Safeware...

Custom AIG product helps prevent food contamination. (Property/Casualty: Loss/Risk Management Notes).
May 1, 2002... AIG WorldSource, a division of American International Cos., is offering customized product safety and quality audits provided by NSF-Cook & Thurber, a division of NSF International, to help insureds in the food, beverage and packaging...

Bound by red tape: Politics and regulatory procedure hinder industry attempts to set fair rates, make insurance prices affordable and handle claims more efficiently. (Property/Casualty: Selling Insight).(Brief Article)
May 1, 2002... The political and regulatory processes--and certainly the marketplace--require insurers to pay claims efficiently, set rates equitably and keep insurance prices affordable. But sometimes it seems that critics who are the first to charge us with...

Preserving the family fortune: With the phaseout of the estate tax far from certain, life insurers stress the need for the wealthy to protect their assets. (Life/Health: Estate Planning).
May 1, 2002... Insurance offsets uncertainty. So even as Congress gradually repeals the estate tax, with plans to eliminate it in 2010, there is still plenty of uncertainty to go around, and the life insurance industry is already adjusting and selling...

Near-death experience; Opinion: Permanent repeal of the estate tax is highly unlikely. (Life/Health: Estate Planning).
May 1, 2002... On June 7, 2001, President George W. Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001. The bill contains a gradual reduction in estate-tax rates, a gradual increase in the estate-tax exemption limit and a temporary...

Litigation anticipation: New collaborative strategies can help insurers prepare for increased managed-care-related litigation. (Life/Health: Litigation).
May 1, 2002... After nearly four years of debate, abandonment and revival in Congress, the Patients' Bill of Rights may soon become law. Although pressure to pass the legislation dissipated after the events of Sept. 11, lawmakers are expected to reach a...

Global bonanza: Economic, demographic and political changes offer great opportunities for private health insurance around the world. (Life/Health: Privatization).(Statistical Data Included)
May 1, 2002... Many health insurance agents and brokers in the United States are concerned about federal government intrusion into the insurance arena. There is a growing fear among U.S. agents that private health insurance may become extinct unless...

A weighty issue: Health insurers are helping policyholders lose weight to help trim claims costs. (Life/Health: Claims Costs).(Brief Article)
May 1, 2002... With experts calling obesity a public health epidemic, many health insurers have decided to try to help the country slim down--and help avoid the long-term costs associated with the chronic diseases related to putting on pounds. But most...

Disability product is UnumProvident's top seller. (New Products and Services).(Income Series disability product)(Brief Article)(Statistical Data Included)
May 1, 2002... UnumProvident Corp.'s Income Series disability product has become its top-selling individual income-protection insurance product, generating more than $24 million in premium since its introduction in October. Total U.S. sales of UnumProvident...

American Skandia launches XTra Credit Six variable annuity. (New Products and Services).(Brief Article)
May 1, 2002... XTra credit Six Variable Annuity: American Skandia, Shelton, Conn., has raised the ante on bonus products with its new XTra Credit Six variable annuity, which pays a 7% bonus on premium deposits above $75,000. The product carries a 0.65%...

Home equity can be tapped to pay for life insurance. (Life/Health: Marketplace).(Brief Article)
May 1, 2002... Some 20 million senior homeowners have more than $2 trillion locked into home equity. In March, Financial Freedom, the nation's largest lender and servicer of reverse mortgages, formed an alliance with Bisys Inc. to use some of the equity for...

Structured Settlements increased in 2001. (Life/Health: Marketplace).(Brief Article)
May 1, 2002... Life insurance members of the National Structured Settlements Trade Association (www.NSSTA. com) wrote more than $6.05 billion in annuities as settlements for physical injury claims last year, a 19% increase over 2000. "In two years, this...

Immediate annuities likely to sustain long retirements. (Life/Health: Marketplace).(Brief Article)
May 1, 2002... Immediate annuities can help long-lived retirees mitigate the chance their nest eggs will dry up, according to a story published in the December issue of the Journal of Financial Planning, published monthly by the Denver-based Financial...

ACLI partners with Milliman USA, Baker & Daniels to study industry. (Life/Health: Marketplace).(American Council of Life Insurers)(Brief Article)
May 1, 2002... The American Council of Life Insurers has formed strategic partnerships with consulting firm Milliman USA and law firm Baker & Daniels to develop a predictive model of the industry's next five years. Milliman will examine the impact of...

MetLife launches unbundled variable annuity. (New Products and Services).(Brief Article)
May 1, 2002... MetLife Inc., New York, has introduced Preference Plus Select, a variable annuity with optional benefits that can be tailored to each client. Policyowners may select features, pricing and surrender charges. Among the choices are an...

TIAA-CREF offers two life products to public. (New Products and Services).(Brief Article)
May 1, 2002... Products to Public: TIAA-CREF Life Insurance Co., New York, has made single-life and survivorship variable universal life insurance products available to the general public. The products offer low policy expenses, no surrender charges or...

GE Financial adds to variable life offerings. (New Products and Services).(Brief Article)
May 1, 2002... Life Offerings: GE Financial, Richmond, Va., has introduced the GE Accumulator, a variable universal life product issued by GE Life & Annuity Assurance Co. and sold through financial professionals. It offers a tiered mortality-and-expense...

What's in a brand? The importance of national and local brands in individual sales depends on the experience and expertise of the producer. (Life/Health: Selling Insight).(Brief Article)
May 1, 2002... Today, many life companies are spending millions of dollars on branding new and old names in hopes of building market share and increasing profits. Equitable has changed its distribution brand to Axa Advisors. Lincoln and John Hancock...

The allure of the Internet: is the emergence of online intermediaries selling group insurance products a threat or an opportunity for insurers and local agents? (Life/Health: Underwriting Insight).(Brief Article)
May 1, 2002... Group insurance carriers have traditionally sought long-term relationships with a limited number of agents who are committed to their success. The carrier cultivates the relationship through extensive training programs, special considerations...

Staking a claim to a tech advantage: it is not enough to adopt the newest technologies. There must be a strategy in place to maximize the investment. (Technology: Customer Service).(Brief Article)
May 1, 2002... During the 1960s and 1970s, the insurance industry was at the cutting edge of technology. Quite often, carriers looked to outside partners or to their own nascent information technology departments for leadership in improving processes and...

Delving into distribution: an analytical approach using customer-level detailed data can provide insurers with a clear understanding of the efficiencies and effectiveness of each channel. (Technology: Technology Insight).(Brief Article)
May 1, 2002... Over the years, distribution has reigned as one of the top management challenges facing financial-services companies. The sale of insurance products now takes place through many different channels, from traditional captive agents to work-site...

Tech outsourcing is on the rise. (Technology: Technology Notes).(Brief Article)
May 1, 2002... Many insurance carriers are turning to business process outsourcing and information technology outsourcing to reduce operating costs and streamline business operations, a study by Gartner Inc. suggests. The survey by Gartner, a research and...

ACORD forms partnership to create data-sharing standards for industry. (Technology: Technology Notes).(Association for Cooperative Operations Research and Development)(Brief Article)
May 1, 2002... The Depository Trust & Clearing Corp. and the Association for Cooperative Operations Research and Development recently entered into a strategic partnership that will help give the insurance industry the tools to market, sell and process...

Mitchell International. (Web News You Can Use).(enhanced version of FirstEstimate)(Brief Article)
May 1, 2002... Mitchell International, San Diego, recently announced the availability of an enhanced version of FirstEstimate, a Web-based estimating system for the automotive collision repair and claims industries. FirstEstimate 1.5 includes more features...

MarshBerry, Concord, Ohio, announced its new Web-based product. (Web News You Can Use).(Brief Article)
May 1, 2002... MarshBerry, Concord, Ohio, announced its new Web-based product, Value Estimator, which provides the financial models, information and instruction for an owner or manager to determine the value of an insurance agency. The application provides...

Zurich North America. (Web News You Can Use).(introduces the Business Interruption Coverage Calculator)(Brief Article)
May 1, 2002... Zurich North America recently introduced the Business Interruption Coverage Calculator, a new tool to better evaluate business interruption exposures and calculate coverage needs. The calculator is a Web-based tool designed to elicit more...

Lloyd's debuts annual results amid heavy Sept. 11 losses. (Companies).(Brief Article)
May 1, 2002... Lloyd's took a first, tentative stab at annual accounting, putting its loss for 2001 at $4.51 billion, including $2.87 billion of losses related to Sept. 11. The pro forma results were released as part of Lloyd's effort to modernize its...

Andersen captive under scrutiny. (Companies).(Brief Article)
May 1, 2002... An attorney representing a trust fund that is being liquidated said the fund is preparing to take accounting firm Arthur Andersen to court over a $217 million professional-liability settlement that an Andersen-owned captive allegedly refuses to...

Allstate fights back with countersuit against agents. (Companies).(Brief Article)
May 1, 2002... Allstate Corp. has fired the latest volley in a long-running employment dispute by countersuing 28 current and former agents, accusing them of committing fraud in taking legal action against the company after signing release-and-waiver...

Insurers team up to cover terror. (Companies).(Brief Article)
May 1, 2002... Five of Europe's biggest insurers, along with XL Capital Ltd. of Bermuda, have created a new insurer with 500 million euro (about $440 million) of funding and a mission to provide property coverage against terrorist attacks. The new...

Four-way link on pace in Japan. (Companies).(Brief Article)
May 1, 2002... A combination of four Japanese insurers is proceeding on schedule after Tokio Marine & Fire Insurance Co. Ltd. and Nichido Fire & Marine Insurance Co. Ltd. launched a new holding company, of which they are now subsidiaries. Millea Holdings...

Pennsylvania places Legion under voluntary rehabilitation. (Companies).(Brief Article)
May 1, 2002... Two U.S. insurance companies owned by Mutual Risk Management Ltd. have been placed in voluntary rehabilitation by the Pennsylvania Insurance Department. Legion Insurance Co. and Villanova Insurance Co. will be under an order of...

Conseco sued over debt plan. (Companies).(Brief Article)
May 1, 2002... Conseco Inc. is being sued by a group of funds associated with a New York money manager over the recently renegotiated terms of the struggling financial-services company's outstanding debt. Seven funds associated with money manager Angelo,...

Ace INA names president. (Executives).(Brief Article)
May 1, 2002... Ace INA Holdings Inc., a unit of Bermuda-based Ace Ltd., has appointed Susan Rivera president. In her new position, Rivera will assume responsibility for all aspects of Ace INA's commercial retail insurance operations. In addition, she...

Aon names Bensinger CFO of Combined Specialty. (Executives).(Brief Article)
May 1, 2002... Aon Corp. has named Steven J. Bensinger chief financial officer of Combined Specialty Corp., a spinoff of Aon's underwriting operations. Bensinger began his career at Coopers & Lybrand in 1976, becoming a partner in 1985. In 1987, he...

New Massachusetts commissioner is no stranger to the department. (Executives).(Brief Article)
May 1, 2002... Julianne M. Bowler, who was officially sworn in April 2 as the newest commissioner of insurance for Massachusetts, has been with the Massachusetts department for several years. Bowler replaces Linda J. Ruthardt, who held the position for...

Trustmark elects Thomas chairman of the board. (Executives).(Brief Article)
May 1, 2002... Trustmark Mutual Holding Co. has elected J. Grover Thomas Jr. as chairman of its board. Thomas' new title is in addition to his role as president and chief executive officer. Stepping down is Donald M. Peterson, who has been Trustmark's...

PacifiCare names Frey CEO, president of California unit. (Executives).(Brief Article)
May 1, 2002... PacifiCare Health Systems Inc., of Santa Ana, Calif., has named James A. Frey president and chief executive officer of PacifiCare's California health plan. He succeeds Chris Wing, who resigned to pursue other interests. Frey's promotion is...

Citing health concerns, Allstate CFO says he'll retire. (Executives).(Brief Article)
May 1, 2002... Allstate Corp.'s senior vice president and chief financial officer, John Carl, will retire from the company by the end of the second quarter because of health-related concerns. Carl was appointed to his current position at Allstate in early...

Zurich names CEO in Australia. (Executives).(Brief Article)
May 1, 2002... John Butler has been named chief executive officer of Zurich Financial Services Australia. Previously, he was chief operating officer. Butler succeeds Malcolm Jones, who also held the position of CEO of Zurich's Asia/Pacific...

Principal Financial promotes 2. (Executives).(Brief Article)
May 1, 2002... Principal Financial Group Inc. has named Jim McCaughan executive vice president and global head of asset management and has promoted Julia Lawler to senior vice president and chief investment officer. McCaughan later will assume the role of...

Bowers named president-CEO of Texas' Superior HealthPlan. (Executives).(Brief Article)
May 1, 2002... Centene Corp. has appointed Christopher D. Bowers as president and chief executive officer of Superior HealthPlan in Texas. Before joining Centene, Bowers was vice president of operations for Physicians Health Plan of Southwest Michigan...

Connell retires from XL Capital. (Executives).(executive vice president and group underwriting officer K. Bruce Connell)(Brief Article)
May 1, 2002... XL Capital Ltd. said K. Bruce Connell, executive vice president and group underwriting officer, would take early retirement from the company to pursue personal interests. Connell was the first chief underwriting officer for XL Europe,...

Meetings. (Executives).(Brief Article)
May 1, 2002... May Limra International, Assessment Solutions Conference, Disney's Yacht & Beach Club Resort, Lake Buena Vista, Fla. Phone: (860) 298-3908, Fax: (860) 285-7792, E-mail: jcallaban@limra.com, Web site: www.limra.com/events/...

Practical Compliance for Insurance Professionals. (Books).(Brief Article)
May 1, 2002... Author: Dennis M. Groner Synopsis: Designed to help insurance professionals understand the concepts behind compliance and market-conduct rules and how to deal with them practically and efficiently. Publisher: Limra International ...

The Role of Annuity Markets in Financing Retirement. (Books).(Brief Article)
May 1, 2002... Authors: Jeffrey R. Brown, Olivia S. Mitchell, James M. Poterba, Mark J. Warshawsky Synopsis: As the baby boom cohort nears retirement, analysts, policymakers and advisers in many nations are devoting increased attention to issues of...

King of Capital: Sandy Weill and The Making of Citigroup. (Books).(Brief Article)
May 1, 2002... Authors: Amey Stone and Mike Brewster Synopsis: A chronicle of Weill's professional and personal life leading to his position as chairman of Citigroup. Publisher: John Wiley & Sons Inc. Price: $24.95