Creative uses of life insurance (Philanthropy Journal) "The black sheep
Creative uses of life insurance (Philanthropy Journal)
"The black sheep of planned-giving vehicles" is not inherently inappropriate, says this article on charitable uses of life insurance. Rather, its traditional uses are simply overshadowed by bad press.
Life insurance firms feel market heat (Business Standard India)
The crash in the stock market has left an impact on the life insurance industry also. Private sector market leader ICICI Prudential has reported just a 20 per cent rise in new retail business weighted premiums during March, 2008, and a 40 per cent rise for the quarter ended March 2008.
Erie Insurance settles suit (Erie Times-News)
Erie Insurance Exchange has agreed to pay $5.2 million to settle a class-action lawsuit by former shareholders. The shareholders had claimed the company and Erie Indemnity Co. did not offer a fair price when they bought the outstanding shares of Erie Family Life Insurance Co. in May 2006.
