American International Group will sell its overseas life and health insurance unit for $15.5 billion to MetLife Inc., the insurer said Monday, as it attempts to repay billions in government aid. In the deal announced Monday, MetLife will pay $6.8 billion
Tags: met,voluntary,ny1,northeast,vb,disability,group life
In the final quarter of 2009, a renamed insurance company subsidiary of American International Group Inc. became the No. 1 seller of fixed annuities overall in the United States, according to ...
London firm exploring sale of Old Mutual Life, OM Financial Life
Source:IFAwebnews.com | Life insurance news
Posted today (18 hours ago)
The parent company of Old Mutual Life Insurance Co. and its subsidiary, OM Financial Life Insurance Co. of New York, said today (March 11) it is considering selling off both companies.
Eldercare Remains Silent Problem (but It Shouldn’t)
Source:Industry Radar Top News Sources
Posted today (19 hours ago)
to leave work immediately? “That gets their attention,” Bongiovanni says. It should get yours too. According to a MetLife study published in 2006, the average cost to companies per full-time, employed caregiver is $2,110 per year. As the population
Tags: met,voluntary,ny1,northeast,vb,disability,group life
[Opinion] Is It the End for Discretionary Clauses?
Source:BenefitsLink
Posted today (19 hours ago)
Excerpt: "I have been wondering about the question of whether state insurance commissioners can effectively gut the industry practice of including discretionary clauses in disability policies by refusing to approve forms for use that include them, or whether ERISA preemption precludes that action. [T]he Ninth Circuit concluded that they could do exactly that, without running afoul of preemption . . . ." (Stephen Rosenberg of The McCormack Firm, LLC)
CT AG Charges Antitrust Practices in Health Insurance Industry
Source:HealthLeadersMedia.com - Health Plan News & Analysis
Posted today (13 hours ago)
Connecticut Attorney General Richard Blumenthal said his office has uncovered a potentially anticompetitive practice by health insurance companies that could raise healthcare costs and lower competition. In a letter to HHS Secretary Kathleen Sebelius, Blumenthal called for an investigation of these practices at the national level.
In Massachusetts, the Pros and Cons of New Imaging Technology
Source:WSJ.com: Health Blog
Posted today (16 hours ago)
Hospitals, clinics, insurers, equipment manufacturers and Congress -- not to mention patients and their doctors -- all have a part in the costs of imaging tests.
Early signs suggest that the HITECH program is pushing more physicians to adopt EHR systems, and that it is well on its way to accomplishing its long-term goals.
Many hospital-based physicians puzzled by their apparent exclusion from EHR meaningful use incentives may find some relief in a provision included the latest Senate jobs bill, "The American Workers, State, and Business Relief Act of 2010 (H.R. 4213)," which passed on Wednesday.
Humanising the Enterprise for Greater Efficiency and Effectiveness
Source:Social Media Today
Posted today
I'm in Austin where we just announced a partnership with the Dachis Group at their Social Business Summit. Lee Bryant is talking about how to build more efficient and effective organizations. What ...
Tags: social,communities,strategy,collaboration,blog,social media
This brilliant Nike advert which was used in Canada just before the Winter Olympics. Force Fate just says it all ...Tags: Tags: Personal Effectiveness Goals Change Inspiratio
February video game sales decline 14 percent, software and console ...
Source:enterprise+web+2.0 - Google Blog Search
Posted today (10 hours ago)
... ruv Sr. Sales Manager, Information Technology and Cloud Computing - SADA Systems Inc. - North Hollywood, CA. iggykin Webciety and Enterprise 2.0: A snapshot of today's social computing conversations | Enterprise Web 2.0 | ZDNet.com ...
If Your Boss is an Asshole, Don't Give Him or Her the Book
Posted today (13 hours ago)
One of the strange things about The No Asshole Rule that took me at least a year after public to understand well is that -- although I believe the content is worth reading (after all, I took a long time...
Human Capital is a key element of strategy-implementation; provisioning it is an important HR function, HR-Analytics and assessment processes should be available to audit current employees and new recruits. Line-managers are responsible ...
New oxygenated alcohol will let workers sober up faster
Posted today (16 hours ago)
Guru is frankly tired of the seemingly weekly studies that prove that red wine/coffee/white wine/beer (delete as appropriate) is bad/good (delete as appropriate) for you, but latest research on booze from Korea was actually more eye catching than usual.
Boffins at Chungnam National University have discovered that infusing alcohol with oxygen allows drinkers to sober up more quickly.
Writing in the journal Alcohol: Clinical & Experimental Research, Professor Kwang-il Kwon, said: "The oxygen-enriched alcohol beverage reduces plasma alcohol concentrations faster than a normal dissolved-oxygen alcohol beverage does.
"This could provide both clinical and real-life significance. The oxygen-enriched alcohol beverage would allow individuals to become sober faster, and reduce the side effects without a significant difference in alcohol's effects."
But before Guru could proclaim "I'll drink to that", those killjoys at the Alcohol Health Alliance piped up, warning that "people might find they don't get as drunk and just take another drink".
The Second Biggest Lie in HR: All "A" Players is Possible Outcome...
Posted today (16 hours ago)
I’m here this week not to give you the normal PR spin about how strategic the HR function can be, but instead to call BS on the biggest lies in HR. It’s not that HR people want to lie. It’s...
Who’s Wearing Long Pants in Your Office? Company Culture and Knickers
Posted today (17 hours ago)
Some of you may not know this but young boys at the turn of the last century wore short pants most of the time. Even in winter they wore short pants but they were called “knickers.” It was a big deal to get long pants. My grandfather’s family was Catholic and you got your long pants when you were Confirmed (around 13.) Having long pants meant you were grown up. You were a “man.” The...
Tags: culture,general business,employee,influence,mentoring,recognition,delancey street
Freehills has rejected claims that former lawyer Nicole Stransky suffered age discrimination and bullying during her two-year stint at the firm from 2006.
Banishing bullying from the workplace can save a company thousands in workers’ compensation claims. John Stanton provides tips for HR to safeguard their company against bullying claims
Insurance operations sale profit assures fat payout - Melbourne Herald Sun
Posted on Dec 11, 2007 (821 days ago)
Insurance operations sale profit assures fat payout Melbourne Herald Sun, Australia - 20 minutes ago ... re-insurance and general insurance operation -- which includes the Cobalt and Gordian businesses -- to Bermuda-based Enstar Group for $585 million. ...
Wells Fargo Announces Strategic Alliance With Great American Insurance Group (Marketwire)
Posted on Dec 11, 2007 (821 days ago)
Wells Fargo Insurance Services, Inc., America's largest bank-owned insurance brokerage and a subsidiary of Wells Fargo & Company, said it has formed a strategic alliance between its Wells Fargo Special Risks, Inc. subsidiary and Great American Custom Insurance Services Division of Great American Insurance Group, a leading underwriter of specialty property and casualty insurance.
Will Insurance Cover Subprime Lending and Securities Litigation? - FINalternatives
Posted on Dec 11, 2007 (821 days ago)
Will Insurance Cover Subprime Lending and Securities Litigation? FINalternatives, NY - 20 minutes ago D&O insurance typically covers the directors and officers and the corporate-policyholder (where entity coverage is present). Similarly, standard form E&O ...
AMP sells reinsurance operation - Sydney Morning Herald
Posted on Dec 11, 2007 (821 days ago)
AMP sells reinsurance operation Sydney Morning Herald, Australia - 26 minutes ago ... of its closed reinsurance and general insurance operation, which includes the Cobalt and Gordian businesses, to Bermuda's Enstar Group for $585 million. ...
Insurance tips for Identity Theft Prevention and Awareness Month - Zanesville Times Recorder
Posted on Dec 11, 2007 (821 days ago)
Insurance tips for Identity Theft Prevention and Awareness Month Zanesville Times Recorder, OH - 37 minutes ago Some insurance companies even include it as part of their homeowners insurance policy, while others sell it as a stand alone policy or as an endorsement to ...
COEUR d'ALENE -- A survey funded by a major insurance group finds Coeur d'Alene is the 18th most secure small city in the U.S.According to the survey contracted by Farmers Insurance Group of Companies...
Man now faces 59 charges Texarkana Gazette ... counts were added to the 43 a Keller, Texas, financial adviser already faces for alleged mishandling of community college employee retirement accounts. ...
Employers nominated for award (Omaha World-Herald)
Posted today
Service members at 15 Nebraska companies nominated their employers for recognition in the Secretary of Defense’s Employer Support Freedom Awards program.
Should Merged Lives Mean Merged Finances? - Morningstar
Posted today
Should Merged Lives Mean Merged Finances? Morningstar ... and what does your combined retirement portfolio's asset allocation look like? (Use Morningstar's Instant X-Ray tool to help you sort this out. ...
15 Neb employers recognized for military support - KTIV
Posted today
15 Neb employers recognized for military support KTIV ... First Data, Hu Hot Mongolian Grill, Lincoln Financial, Credit Advisors, Borsheims, Charles Drew Health Center and Union Pacific in Omaha.
