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Life Insurance News
| The Hanover Insurance Group Sells First Allmerica Financial Life Insurance Company (Insurance and Technology) Mon, 05 Jan 2009 05:20:39 GMT Insurer will focus exclusively on property and casualty business. "We are very pleased to complete the divestiture of our run-off life business, concluding a process that began in 2002," says Frederick H. Eppinger, chief executive officer of The Hanover Insurance Group. |
| Life insurance cover for weavers (New Kerala) Mon, 05 Jan 2009 05:24:35 GMT Kakinada, Andhra Pradesh, Jan 4 : Life insurance cover is being provided for weavers under the Mahatma Gandhi Gunakar Bima Yojana Scheme with a nominal contribution from the beneficiaries, said Mr K Chandrarao,Assistant Director of Handlooms and Textiles. |
| 4 indicted in $1 billion insurance fraud scam (AP via Yahoo! Finance) Mon, 05 Jan 2009 22:11:58 GMT Four men are facing federal charges in a $1 billion Miami life insurance fraud first exposed in 2004. A 25-count grand jury indictment Monday charges the four played roles in a scam that affected more than 28,000 Mutual Benefits Corp. investors. |