Veralytic Logo

Veralytic E-News

Insurance Company Decreases Costs of Insurance 

Friday, August 14, 2015
On June 15, 2015 Prudential announce “significant enhancements” to the PruLife Founders Plus UL product. These enhancements include improved costs for the no-lapse guarantee rider. Prudential claims that the improvement in costs of the no-lapse... read more >>
 

July 2015 Rating Downgrades/Watch-List 

Friday, August 07, 2015
Financial strength and claims-paying ability ratings of the insurer is one of the five factors of suitability.  The obvious reason being that insurance is most simply defined as an agreement for the payment of a premium today in exchange for payment ... read more >>
 

Insurance Companies Announce Increased Costs 

Friday, July 31, 2015
Following the announcement from Transamerica on June 8th, 2015 that it will be increasing the monthly costs within several inforce universal life insurance products, on July 14th, Banner and William Penn will implement a cost of insurance (COI)... read more >>
 

FINRA Increases Fines, Are you in Compliance with the Rules? 

Thursday, July 23, 2015
Financial Industry Regulatory Authority (FINRA) is the chief financial regulator for the financial industry. FINRA fines doubled in 2014 compared to the previous year. “FINRA’s large increase in fines cannot be ignored,” said Brian Rubin, co-author... read more >>
 

Transamerica Announces Rate Increases on Certain UL Policies 

Wednesday, July 15, 2015
Life insurers have the ability to raise expenses within non- guaranteed life insurance products (whole life, universal life, variable life and index universal life insurance). Transamerica announced on June 8th, 2015 that it will be increasing the... read more >>
 

June 2015 Ratings Downgrade/Watch-List 

Friday, July 10, 2015
Financial strength and claims-paying ability ratings of the insurer is one of the five factors of suitability.  The obvious reason being that insurance is most simply defined as an agreement for the payment of a premium today in exchange for payment ... read more >>
 

Declare Your Independence 

Wednesday, July 01, 2015
Independent Research…Independent Review… Declare yourself as an independent! Research[1] shows that 3 out of 4 clients regard “independence” as important or somewhat important. It’s difficult for many clients to know who to trust, so it is more... read more >>
 

NAIC Closing the Loop on Illustrations 

Friday, June 12, 2015
On June 4, 2015 the Life Actuarial (A) Task Force (LATF), the NAIC’s Life Insurance and Annuities (A) Committee adopted new Actuarial Guideline 49 governing IUL illustrations. Despite insurance companies asking for a delay in implementation of these ... read more >>
 

May 2015 Rating Downgrades/Watch-List 

Wednesday, June 03, 2015
Did you miss last month's "Comparing the Financial Strength and Risks Associated with Different Life Insurance Carriers" webinar?  Financial strength and claims-paying ability ratings of the insurer is one of the five factors of suitability.  The... read more >>
 

Court ruled that a Fiduciary’s duty of Prudence Requires Continued Monitoring  

Friday, May 22, 2015
It is not only ERISA practitioners and plan administrators who have been watching Tibble v. Edison International with interest, but trustees as well. The Supreme Court granted certiorari and "in doing so, the Court did not signal whether it would... read more >>
 
Page 2 of 15 << < 1 2 3 4 5 6 7 8 9 10 > >>