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Finetre Corporation, a provider of e-commerce technology solutions for the annuity industry, has agreed to develop an online fixed annuity sales platform jointly with Beacon Research, a source of
Salaried employees were made a buyout offer late last month in the form of "enhanced severance in exchange for voluntary termination," noted Mr. Trevino. If the number of volunteers falls short of
A Texas Supreme Court decision to review its ruling giving carriers the ability in certain cases to pay a settlement and then seek a refund from the insured has set up a major battle between two
An analysis by the Consumer Federation of America contends that those who are driving less as a result of higher gasoline prices could save an average of 5-to-10 percent--about $47 to $94--on their
U.S. property-casualty insurers sustained a record $56.8 billion in insured property losses from 24 catastrophic events last year--more than double the previous high of $27.3 billion, when a "grand
Federal prosecutors unveiled a criminal indictment last week accusing three executives formerly with General Re and one from American International Group of participation in sham reinsurance
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