Human capital risk is the biggest threat that organizations worldwide face but is one of the least effectively managed, according to a survey of international risk managers. Risk managers are more confident about how they manage the other top risks—reputational and regulatory risks, the 218...
June, 2007
BENTONVILLE, Ark. (Reuters)—Wal-Mart Stores Inc. said Thursday that just six months after completing the roll-out of its $4 generic prescription drug program, 37.8% of all prescriptions it fills are $4 prescriptions. Wal-Mart's U.S. chief operating officer, Bill Simon, made the comments at a media...
Mutual of Omaha’s new Guaranteed Universal Life insurance (GUL) provides consumers with affordable guaranteed protection, plus options that include two different versions of the plan – one with simplified issue and one offering a larger death benefit.
- Mutual of Omaha’s GUL Express provides an option for clients who want quick approval with minimal underwriting requirements. The application process is simplified and qualified applicants can lock-in a death benefit up to $250,000. No lengthy health inquiry is needed and underwriting decisions can be made in a matter of days.
- Mutual of Omaha’s GUL Complete is designed for consumers who want a larger death benefit, $100,000 or more. Full health underwriting is required and the lifetime guaranteed death benefit premiums are very
A recent study by Agent Media, publisher of the Agent's Sales Journal and Insurance Marketing magazine, shows that life insurance producers have seen their business trend upward over the past 12 months, mirroring the recent positive performance of the life industry as a whole.
Life Producers See Business Spike Over Past 12 Months
Source: Insurance News Net
MassMutual Retirement Services Division will present a free WebEx education session for advisors to highlight the opportunities offered by MassMutual's new PlanSmart(SM) product in the $1 million to $5 million bundled retirement plan market. The one-hour MassMutual PlanSmart WebEx session will be held on Wednesday, June 6 starting at 2 p.m. Eastern Time. Presenters include Evan Gray, Midwest division sales manager, and Craig Haase, managing director, of MassMutual Retirement Services.
MassMutual PlanSmart Web Seminar Planned for Advisors Targeting $1 Million to $5 Million Market
Source: PR Newswire
Canadian financial services company Sun Life Financial Inc. said Thursday it completed the acquisition of the U.S. group benefits business of insurance holding company Genworth Financial Inc. The deal had previously been reported to be worth $650 million.
The group combines with Sun Life's U.S. group business and will offer group life, disability, dental and stop-loss insurance. The group will expand to 34 sales offices across the country.
Sun Life Closes Genworth Group Purchase
Source: Yahoo! Finance
John (Jack) Bogle is both the founder of the low-cost mutual fund company Vanguard and the creator of the first index fund available to the public. These days he spends his time speaking about corporate ethics and how index funds are great investments for the vast majority of people. But what does he invest in?
According to this Morningstar article An Inside Look at Jack Bogle’s Portfolio, the answers may surprise you.
Overall Asset Allocation?
“My current asset allocation overall is about 60% bonds and 40% stocks. There’s a fair amount of money involved here, and I feel no need whatsoever to overdo equities. After all, if stocks (surprisingly) soar–I’ll do just fine, not in percentage terms but in dollar terms.”
Stocks - Active or Passive? Value or ...
