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Industry News

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ConsumerFinanceReport.com Announces Expansion of Proprietary Content, Adding Collection of Tax Related Articles to Aide Consumers

ConsumerFinanceReport.com unveils its new tax related article content - created specifically to address common tax season questions as well as eliminating or reducing tax debt.
(PRWEB) March 6, 2010 — ConsumerFinanceReport.com, a consumer advocacy site focused on improving consumer knowledge and awareness on personal finance issues and topics, today announced it has added to its [...]

ING gets wiggle room on insurance sell-off

(Reuters) - Dutch financial services group ING (ING.AS)(ING.N) said it can potentially extend the sale of its worldwide insurance business beyond a 2013 deadline as long as it kicks off the process with a stockmarket listing.
Analysts said any delay could potentially help ING get a better price for its assets as markets improve.
ING, [...]

RJ Ahmann Recognized as the 2009 Minnesota Business Insurance Agency of the Year

RJ Ahmann Company is a Minnesota business insurance agency with a reputation for high quality personalized service. They have been serving the local community for more than fifty years offering business insurance as well as personal insurance. Known for regularly exceeding their client’s expectations, RJ Ahmann Company has been recognized as the 2009 Minnesota Business [...]

British Company to Buy A.I.G.’s Asian Unit

(THE NEW YORK TIMES) - Prudential of Britain said Monday that it had agreed to buy American International Group’s life insurance business in Asia in a deal valued at $35.5 billion.
The sale of American International Assurance, which is based in Hong Kong and is commonly known as A.I.A., would lead to the [...]

Layoffs & Downsizing Fuel Retirement Rollovers

Many American workers are now facing opportunities to roll over their company pension plans. Layoffs, early buyouts, natural aging of the workforce and the desire to change jobs has led to increased rollover activity. Done correctly, rollovers are tax neutral; done incorrectly; rollovers can create significant tax liabilities. Now, what to do with [...]

CICA Announces 2010 Recipients of Prestigious Captive Insurance Industry Awards

This year’s honorees have been announced for the insurance industry’s most prestigious awards: the CICA Distinguished Service Award–which recognizes individuals or organizations who have made significant contributions to advancing the captive insurance industry, and the CICA Outstanding Captive Award–which goes to a captive insurance company or risk retention group that has shown creative uses for [...]

COUNTRY® Financial Deploys Silanis e-signatures to Help Streamline Electronic Processing of Life Insurance Applications

Silanis Technology, the leader in electronic signature process management, today announced that COUNTRY Financial has integrated Silanis’ ApproveIt Web Server into its eApplication system to help streamline processing of life insurance applications. Captive financial representatives can now fully process new insurance applications electronically, including the capture of client signatures in documents, using the web-based application. [...]

Safe Side Compliance Wins with 201 CMR 17.00

Emerging Massachusetts-based Company continues to attract customers with their holistic security methodology and Massachusetts Data Protection Program
Bedford, MA (PRWEB) February 16, 2010 — Safe Side Compliance continues to dominate the Massachusetts 201 CMR 17.00 market space by getting companies compliant prior to the March 1, 2010 deadline. “There are a lot of business owners [...]

Sen. Schumer to introduce insurance fraud legislation

(OBSERVER TODAY) - Sen. Chuck Schumer is introducing federal legislation he believes will significantly impact auto insurance fraud crimes and the criminals who perpetrate them.
This legislation, titled Cheaper Car Insurance Act of 2010, would set up new federal penalties for auto insurance fraud.
In a recent conference call from Washington, the [...]

IBI Research Indicates that U.S. Businesses Consider Health & Productivity Programs Critical to Maintaining Employee Health and Containing Costs

According to research findings released by the non-profit Integrated Benefits Institute (IBI), health and productivity programs are critical to U.S. businesses burdened with the declining health of their employees, growing pressures of lost worktime, increasing health care costs and global competition, and the uncertainty of health care reform. The survey conducted with Harris Interactive of [...]