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California Rejects Rate Review for Health Plans



03 Sep

It would have forced health maintenance organizations and health insurers to follow the same rules that apply to automobile and homeowners insurance policies under 1988’s Proposition 103…

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VA to Investigate Retained-Asset Accounts



02 Sep

The Department of Veterans’ Affairs (VA) Eric Shinseki promised senator to fully investigate the reports about retained asset accounts and take corrective actions. Secretary of Defense Robert Gates also pledged to help the VA in its probe of the program…

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Variable Annuity Affordability on the Rise, Costs Decline



31 Aug

The Insured Retirement Institute (IRI) report found that the cost of variable annuities has come down, with the average fee on a VA chassis dropping four basis points in the second quarter…

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