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Death Benefit Controversy Overdone

Life insurers are facing a barrage of investigations and criticism over the way the industry pays death benefits for veterans and other federal employees. But some analysts think it’s a lot of fuss about nothing…
InsuranceNewsNet.com – Today’s Life & Health Picks

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Bankers Life To Pay $1.5M Penalty for Improper Annuity Sales in Wisconsin

Wisconsin Insurance Commissioner Sean Dilweg announced that Bankers Life and Casualty Company (Bankers) settled an investigation by paying a record $1.5 million dollar forfeiture and offering a restitution program to 5,700 mostly senior Wisconsin annuity purchasers….
InsuranceNewsNet.com – Today’s Life & Health Picks

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401(K)S Under Pressure As Other Options Vanish

Like a summer bungalow now being lived in year-round, 401(k) plans are being called on to serve a function never anticipated by their architects when they drew up the blueprints more than 30 years ago…
InsuranceNewsNet.com – Today’s Life & Health Picks

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