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 (5 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 (6 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 (6 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
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 (2 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.
February video game sales decline 14 percent, software and console ...
Source:enterprise+web+2.0 - Google Blog Search
Posted today
... 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 ...
It's Time to Finally Drop Internet Explorer 6 PC World Its CSS and JavaScript support are much better than IE6, or even IE7, and it is a much more robust interface for the new Web 2.0 type applications. ...
I caught up with our own Thomas Crampton last week in Istanbul. Thomas runs our teams across Asia and one of the big events coming up this year is the Shanghai World Expo. To help inform our work and our clients who will participate in some way or another, Thomas developed some great research on [...]
SoundBite Communications Appoints Diane Albano Executive Vice President of ... - CNNMoney.com (press release)
Source:Benefits Technology Radar
Posted today
SoundBite Communications Appoints Diane Albano Executive Vice President of ... CNNMoney.com (press release) ... Progress Software, Thomson NETG, and Workscape . Albano earned a Bachelor of Arts degree in economics from the University of Massachusetts. ... and more »
I've been writing about outsourcing the past few years, and if I had to offer one key insight it'd be this: The biggest predictor of success is closely examining your processes before shifting them to an outside provider. Too often, organizations don't
Aberdeen Group Announces Prestigious Award Nominations for Industry Excellence ... - MarketWatch (press release)
Source:Benefits Technology Radar
Posted today (3 hours ago)
Aberdeen Group Announces Prestigious Award Nominations for Industry Excellence ... MarketWatch (press release) Sponsors and Partners of the Human Capital Management Summit include Advantage; First Advantage; The Ladders; Taleo; iCims; Enwisen ; SilkRoad Technology; ... and more »
Would you choose social media or engaged employees?
Source:Social Media Today
Posted today (3 hours ago)
“If you had to choose social media* or 100% engaged employees for your brand, which would you choose?”
I recently asked that on Twitter and the responses were pretty interesting. The question for...
If Your Boss is an Asshole, Don't Give Him or Her the Book
Posted today
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 (2 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 (3 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 (4 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...
Most defined benefit pensions short funds - Irish Times
Posted today (4 hours ago)
Most defined benefit pensions short funds Irish Times “Several aspects of the National Pensions Framework, announced last week, such as the increase in State retirement age, a change in the tax treatment of ...
Hundreds a month may not be enough retirement savings - WTOL.com
Posted today (4 hours ago)
Hundreds a month may not be enough retirement savings WTOL.com Financial advisor at Edward Jones, Stephen Sterling, says retirement savings is something people don't want to address because it means less comfort in the ...
Norton Rose Group > Pensions update - February 2010 - Linex Legal (registration)
Posted today (5 hours ago)
Norton Rose Group > Pensions update - February 2010 Linex Legal (registration) The guidance outlines suggestions of “good practice” to enable at least the key activities of a final salary (DB) scheme, a money purchase (DC) scheme or ...
Close to the 200 Day - Principal Financial - TradersHuddle.com
Posted today (5 hours ago)
Close to the 200 Day - Principal Financial TradersHuddle.com The Company offers retirement solutions, life and health insurance, wellness programs, and investment and banking products. Latest price action range, ...
Business Development Companies – Should They Be a Part of ...
Posted today (5 hours ago)
VCs, Angels, BDCs, what are they? How are they different? How can an ordinary investor get involved? Do they offer an opportunity for high yield dividend.
Diary of a Wimpy 401(k) – Day One « Improving Your Financial Health
Posted today (6 hours ago)
This entry was posted on Thursday, March 11th, 2010 at 10:51 pm and is filed under 401k, Financial & Investing, debt management, retirement, savings. You can follow any responses to this entry through the RSS 2.0 feed. ...
MARKET REPORT: Bolton wonderer makes miners fall Daily Mail Anthony Bolton, the legendary Fidelity fund manager who has come out of retirement, put his sizeable boot into the mining sector. ...
