In this weeks edition of Speaking of Settlements, Mark Wahlstrom discusses the recent decision by the NAIC to not cave into the pressure of the moment from the life insurance industry to relax the reserve and financial requirements that protect policyholders. Many life insurance companies, among them Hartford Life, Lincoln Financial and others wanted to [...]

Maine fines Mich. insurance firm
Maine insurance regulators say a Michigan company’s being fined $50,000 for violating Maine’s unfair claims practices law. Michigan – Insurance – United States – Maine – Law
Read more on Boston Globe

Man makes insurance firm pay
Nearly 10 years after a Mahim resident’s car was stolen, the State Consumer Commission, while overturning a District Consumer Forum’s order, has directed an insurance company to pay him Rs 1.70 lakh.
Read more on The Times of India

Insurance firm promotes healthy living and learning
THE Great Eastern Life Assurance (Malaysia) Bhd has contributed close to RM1mil to various children’s homes and charitable organisations across Sarawak after it extended its wings to Kuching more than 40 years ago.
Read more on The Star

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