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March 11, 2010
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Industry News & Trends
AIG, Prudential Agree on Sale of AIA PDF Print E-mail
Industry News & Trends
Written by Cyber InsuranceNews   
Monday, March 08 2010
As it was deciding what to do with its AIA Group, Limited (AIA), American International Group, Inc. (AIG) believed it had two good choices—sell, or make an initial public offering of AIA’s stock.

In the end, AIG chose to sell. And the American taxpayer will benefit from that choice.
Read more...
 
Consumers More Skeptical about Economy and Investing than Economists, AXA Survey Shows PDF Print E-mail
Industry News & Trends
Written by Cyber InsuranceNews   
Monday, March 08 2010
When it comes to the prospects of economic recovery in America, consumers are more skeptical than economists.

A recent survey from AXA Equitable Life Insurance Company shows that 24 percent of consumers believe the economy will continue to be volatile, with no clear pattern of improvement—twice the percentage of economists (12 percent) who believe the same.
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LeadersCove Expands Consulting Practice to Assist Insurance Technology Firms PDF Print E-mail
Industry News & Trends
Written by Cyber InsuranceNews   
Monday, March 08 2010
Recent improvements in the market suggest that 2010 could be a year of high demand for qualified information technology (IT) personnel. In addition, the 2010 forecast for the insurance industry is one of growth in revenue and staff.
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Life Insurance Sales Improve in Second Half of 2009 PDF Print E-mail
Industry News & Trends
Written by Cyber InsuranceNews   
Monday, March 08 2010
Life insurance sales rebounded in the second half of 2009, but not enough to elevate the year’s total above that of 2008.

According to LIMRA’s quarterly individual life insurance sales survey, total new annualized premium for individual life insurance was down 15 percent for 2009 compared with 2008.
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Health Plans Partner with Pharmacies to Help Seniors Use Medications Safely PDF Print E-mail
Industry News & Trends
Written by Cyber InsuranceNews   
Monday, March 01 2010
Under the prodding of the federal government, health plans nationwide are adopting a unified approach to helping seniors and other consumers use medications appropriately and safely, thereby reducing medication-related health complications.
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