Online Life Insurance

Ever since Gov. Arnold Schwarzenegger’s ABX1 1 stumbled just short of the finish line last January, he and his Democratic allies in the Legislature have been looking to move bits and pieces of the failed health reform plan forward. Amazingly, one that he favors is sponsored by the legislator who killed ABX1 1, state Sen. Sheila Kuehl, as well as the California Medical Association. Read more

HONG KONG, Aug 26, 2008 (XFN-ASIA via COMTEX) — LFC | Quote | Chart | News | PowerRating — China Life Insurance Co Ltd shares turned higher despite weakness in the broad market after reporting better-than-expected first-half results.

Dealers said the 32 pct decline in first-half earnings that it reported was better than market estimates of as much as a 50 pct profit drop. Read more

CHICAGO, Jul 31, 2008 (BUSINESS WIRE) — Fitch Ratings affirms the ratings of New York Life Insurance Company (NYLIC) and its wholly owned subsidiary, New York Life Insurance and Annuity Corporation (NYLIAC) — together referred to as New York Life (see complete list of Ratings below). The ratings reflect New York Life’s very strong balance sheet, favorable business profile and consistent operating profile. The Rating Outlook is Stable for all ratings. Read more

Rochester, N.Y.) - Kodak is cutting back on key retiree benefits.

More than 40,000 Kodak retirees received a letter telling them that starting in 2009, company contributions toward health insurance will be cut by one-percent a year for ten years. Read more

Investment losses caused Kansas City Life Insurance Co.’s 86 percent decrease in second-quarter earnings, and revenue fell 10.6 percent from the same quarter last year.

In a release after the market closed on Thursday, the Kansas City-based company (Nasdaq: KCLI) reported earnings of $1.7 million, or 14 cents a share, for the quarter that ended June 30. This compares with earnings of $11.8 million, or $1 a share, last year. Read more