Expert: LTCI industry can take a greater role in meeting needs The individual market for long-term-care insurance is diminishing, while the group market is expanding, says Marc Cohen of consultancy LifePlans. The biggest factors holding back growth in the industry are the cost of policies and the struggle to make…
Commentary: Underwriters play a role in keeping life insurers relevant Life insurance companies must constantly introduce new products to differentiate themselves, writes Thomas Organ of EXL. Underwriters can help by using new technologies and harnessing data to help design and streamline those products, Organ writes. National Underwriter Life & Health…
SEC seeks data on captive entities of life insurers The Securities and Exchange Commission has asked life insurers about financial consequences if state regulators were to bar them from shifting some liabilities to captive reinsurers. New York Department of Financial Services Superintendent Benjamin Lawsky and other state insurance regulators have…
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