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Magazine: September 21, 2009 Issue

Cover Story

The outline of America’s future health care delivery system started to emerge last week....



News

In a September 14 speech at Federal Hall in New York, President Obama accused some on Wall Street of returning to the reckless ways that caused the financial crisis last September. ...

U.S. life insurers received far more requests for individual coverage from older applicants in August and fewer from young applicants....

The Internal Revenue Service is weighing in on when employer-plan-to-Roth rollovers should or should not be included in a participant’s taxable income....

The National Association of Insurance Commissioners has released the text of the proposed Standard Valuation Law revisions....

An arm of the House Financial Services Committee plans to take a look at life settlement securitization arrangements....

Features

With markets recovering and interest rate spreads narrowing, the balance in individual annuity sales shifted in the second quarter from fixed annuities to variable. ...

Fixed annuity sales dropped 20% in second quarter 2009 from the previous quarter but they were 10% higher than in second quarter 2008, says a new study....

Medicare Advantage plans and stand-alone private dental insurance plans may be helping more older Americans keep their teeth....

Given that life insurance sales suffered a more dramatic decline in the first half of 2009 than at any time since World War II, one might expect that all advisors are hurting. ...

The life insurance community is facing an unprecedented “perfect storm” of legislative and regulatory challenges. ...

The marketing environment for universal life sales remains tough. ...

At this time, few, if any, people with an interest in indexed annuities are unaware of the prevailing uncertainties swirling around the indexed annuity’s status....

Over the past decade, fixed and variable annuity designs and benefits have become very similar in a number of notable ways....

For years, annuity products have been crafted following the classic give-and-take between an insurer’s product experts and its internal and external sales and marketing leaders. ...

The greatest challenge for insurance brokers selling voluntary insurance benefits is in establishing the need for the coverage, first with employers and then with the employees who will actually buy the benefits. ...

The latest government statistics estimate that 47 million Americans do not have health insurance coverage. According to the Kaiser Family Foundation, 54% of those Americans are in working families. ...

The U.S. economy, forecasters tell us, may finally be reaching bottom. But the leading financial indicators pointing to a recovery evidently don’t include sales of non-qualified deferred compensation plans. ...

Opinion

I have to admit I don’t know any sheep farmers, but even I know that it’s not customary for these folks to ask the wolf for suggestions about protecting the sheep. ...

Telling and retelling war stories has been a favorite pastime throughout the history of man. ...

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