Disability insurance

After a relatively quiet couple of years, life insurers are ramping up their efforts to replace legacy systems—policy administration in particular. These deals are notoriously time- and labor-intensive, and extremely costly, yet as life carriers acknowledge the need for organic growth and new business flexibility, they are actively participating in policy admin modernization projects.

We’ve all heard the statistics: Women still get paid far less than men and women’s work is undervalued by society. But a new survey released by The Penn Mutual Life Insurance Company on Friday reported something we may not have realized: women themselves are undervaluing their own work, with potentially devastating consequences.

Distractions while driving come in all shapes and sizes: text messages, phone calls, Internet, radio dials, television screens, video games, screaming children, attractive fellow motorists and passersby, etc. It's amazing in this day and age that we ever actually get from Point A to Point B.

Kelly Wilson is a return-to-work success story. In January 2009, her beloved father - the man she calls her best friend - became ill. He was in and out of the hospital several times before he died in July that year.

Many of the millions of people with disabilities may be paying more in taxes than necessary, according to a disability insurance service provider.

Life insurance and annuities made modest gains in the third quarter of 2010 — gross written premiums were up 6% over the same period in 2009 — but the industry is far from healthy, warns a report from Aite Group in Boston.

Anecdotal data from new research released by the National Council on Compensation Insurance Inc. (NCCI) confirms that work-related injuries are far more costly if the injured worker is obese.

Just 39% of single and never-married employees have life insurance compared to 61% of all 2,071 working Americans responding to a recent online Harris Interactive survey for the Colonial Life & Accident Insurance Company.

The Community Living Assistance Services and Supports Act begins to take effect on Jan. 1, 2011. Under the CLASS Act, which is part of the Patient Protection and Affordable Care Act, a public insurance option offering employees voluntary long-term care insurance will be an option for employees to consider.

Despite offering consumers invaluable financial protection, life insurance and disability insurance lost a popularity contest to dental and vision coverage in a new study released by Sun Life’s employee benefits group.

Although normally you can put a finger on the underlying issues leading to certain types of racial/ethnic disparities — the ones for medical disparities are well documented, for example — I admit that new survey results from LIMRA regarding racial disparities in consumers’ emphasis on the importance of life insurance have me stumped.

Let’s keep it real: There’s a recession. So, raise your hand if you’d jump at the chance to win $1,000. You? Thought so.

Who, at one time or another, hasn’t run out during the workday to get coffee for themselves and/or coworkers? I know I have. My needs are few, but one of them is most certainly caffeine.