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NAIC pushes for group life in TRIA.(NAIC MEETING COVERAGE)(Terrorism Risk Insurance Act)(National Association of Insurance Commissioners)(Brief Article)
- Article from:
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National Underwriter Life & Health
- Article date:
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June 20, 2005
- Author:
- Connolly, Jim
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Copyright informationCOPYRIGHT 2005 The National Underwriter Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A RESOLUTION TO INCLUDE GROUP life insurance contracts in any renewal of the Terrorism Risk Insurance Act is starting down a path toward full endorsement by state insurance regulators.
The resolution was adopted by the Property and Casualty Insurance "C" Committee of the National Association of Insurance Commissioners, Kansas City, Mo., during its summer meeting here.
The resolution states that "group life insurance faces the same concentration of risk as workers' compensation insurance and provides protection for the lives of American workers."
"It is time for the NAIC to go on record," said Ed Harper, a representative of Assurant based in Washington. Harper has ...
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Compromise on group life in terrorism bill is welcome. (Editorial...
National Underwriter Life & Health-Financial Services Edition;
November 4, 2002 ;
471 words
......perfect, the compromise on group life insurance contained in the terrorism...federal backstop covering group life insurance. Depending on the results...study. Nonetheless, including group life insurance in the legislation directly...
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Industry needs to unify on federal backstop for group life. (Editorial...
National Underwriter Life & Health-Financial Services Edition;
September 23, 2002 ;
463 words
......time for the life insurance industry to...to include group life insurance as one of...Unfortunately, group life insurance is not mentioned...industry. The life insurance industry needs...including group life in the terrorism...
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Push to include Group life under Terrorism Act.(In Congress)(Group life...
National Underwriter Life & Health-Financial Services Edition;
May 3, 2004 ;
Brostoff, Steven;
787 words
......should be expanded to include group life insurance, says a senior member of...Financial Services Committee. Group life insurance has characteristics similar...against extending TRIA to group life insurance has left a wide gap. Even...
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Group life market: mostly sunny.(Group Life)(Cover Story)
National Underwriter Life & Health;
November 22, 2004 ;
Bell, Allison;
787 words
......report on the U.S. group life insurance market would be...is frustrating. Group life has become just...at Pan-American Life Insurance Company, New Orleans...still finding that group life insurance is a mainstay, says...
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CITIC PRUDENTIAL ALLOWED TO OPERATE GROUP LIFE INSURANCE
AsiaInfo Services;
February 4, 2005 ;
211 words
......Prudential Allowed to Operate Group Life Insurance BEIJING, Feb 04, 2005 (SinoCast...has got approval tooffer group life insurance services in China recently...expects to officially start group life insurance business from the second...
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Three Insurers Give Group Life A Facelift.(group life insurance)
National Underwriter Life & Health-Financial Services Edition;
May 18, 1998 ;
Koco, Linda;
787 words
...Group life insurance may be getting...enhanced its group life product--by adding...package to its Group Life Insurance policies--also...Connecticut General Life Insurance Company and its...illness rider for group life policies issued...
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U.S. eyes group life for terrorism plan. (Employee Benefits).
National Underwriter Property & Casualty-Risk & Benefits Management;
December 23, 2002 ;
Brostoff, Steve;
368 words
......marketplace for group life insurance for its determination on whether group life should be included...sellers of group life insurance, and how they...whether group life insurers have...and scope of the group life situation to that...
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Group life insurers recovering from 9/11 attacks, but still struggling to...
National Underwriter Property & Casualty-Risk & Benefits Management;
April 15, 2002 ;
Bell, Allison;
787 words
...Group life insurance executives will never...billion in claims. But group life executives interviewed...president at the Guardian Life Insurance Company of America, New...Disaster Plans Worked Group life executives are reporting...
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MassMutual Appoints Eastern Region Wholesaler to Support Sales of...
PR Newswire;
August 7, 2006 ;
529 words
......to promote its executive group life insurance products within the Executive...the benefits of executive group life insurance more widely accessible. Based...of MassMutual's executive group life insurance product suite and support...
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MetLife solidifies position as No. 1 group life...
Business Insurance;
June 30, 2003 ;
Greenwald, Judy;
368 words
......based Metropolitan Life Insurance Co. has agreed to purchase...based John Hancock Life Insurance Co.'s group life insurance business for an undisclosed...position as the largest group life insurer. A MetLife...other revenues for its group life ...
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Three Insurers Give Group Life A Facelift
National Underwriter Life & Health-Financial Services Edition;
May 18, 1998 ;
KOCO, LINDA;
787 words
...Group life insurance may be getting...enhanced its group life product--by adding...package to its Group Life Insurance policies--also...Connecticut General Life Insurance Company and its...illness rider for group life policies issued...
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What Every Soldier and Legal Assistance Attorney Should Know about...
The Army Lawyer;
November 1, 2006 ;
Kornacki, Wojciech Z;
787 words
......servicemembers about the benefits of Servicemembers Group Life Insurance (SGLI).3 Further, U.S. Department of Defense...Servicemembers Group Life Insurance is a group life insurance policy.5 A group life insurance policy is provided for ...
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ACLI pushes treasury for federal terrorism insurance backstop for group...
National Underwriter Life & Health-Financial Services Edition;
January 27, 2003 ;
Brostoff, Steven;
787 words
......Department on the issue of whether group life insurance should be covered by the...for taxpayer support for group life insurance. The case for expanding the...is an essential feature of group life insurance. In a situation where the...
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S&P: Group Life Remains Industry's Strongest Sector.(Statistical Data...
National Underwriter Life & Health-Financial Services Edition;
July 19, 1999 ;
STRAUSS, NEAL YOUNG, DEANNA;
787 words
......SERVICE, NEW YORK. The group life insurance business continues...premium growth at group life providers is likely...term. Bank-owned life insurance and corporate-owned...options has given group life insurance providers room to...
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Committee adds group life to TRIA.(Legislation)(Committee on Financial...
National Underwriter Life & Health;
October 4, 2004 ;
Postal, Arthur D. Brady, Matt;
593 words
......agreeing to add group life to the program...decision to add group life to TRIA. ACLI...reauthorizing TRIA with group life, Congress will...for calming life insurance markets should...does occur, group life will be covered...are covered by group ...
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