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Berkshire Life Insurance Co conducted a survey to identify its real customers as part of the implementation of a quality assurance program in the company's customer service division. The Massachusetts mutual life insurer designated its internal audit department to spearhead the initiative by determining the quality of customer service being provided. The audit process was classified into five separate categories, namely, audit planning; auditor professionalism; performance of audits; reporting of results; and the department's response to ad hoc requests for assistance. The head auditor conducted personal interviews with people to identify dissatisfaction or any serious issue. Auditee involvement in the internal audit process has been increased through self-evaluation. This endeavor resu...
A life insurance company is bound by its litigation decision to put all its eggs in the federal court's ERISA basket, and thereby preclude liability on state-law claims, the 4th U.S. Circuit Court of Appeals has held. The decision affirms the $1.3 million judgment in favor of two doctors who claim an agent from the Berkshire Life Insurance Co. mismanaged their pension plans by rapidly churning assets, failing to diversify investments, and overloading the plan with low- yielding life insurance policies from Berkshire.
U.S. Supreme Court KNICKERBOCKER LIFE INS CO OF NEW YORK v. NORTON, 96 U.S. 234 (1877) ....Pitt v. Berkshire Life Insurance Co., 100 Mass. 500; Roehner v. Knic...
...with a demand share of -%. Berkshire Hathaway Life Insurance Co. of NE and Munich Reins...
Employers realize that their employees have needs for financial protection that they don't provide with their employee benefit programs -- but they can't afford to pay for any more insurance, says Jim Stengle, VP of employee benefits at Brooks Insurance Agency, Inc, in Toledo, OH. Stengle says the employer's need to expand benefits without increasing costs has created an opportunity for agents and brokers who can develop voluntary benefit programs that allow employees to purchase additional coverage with workplace enrollment and payroll deduction. Earlier this year, the agency was a pilot producer for a new, simplified life and disability insurance workplace enrollment program from Unum. Simply Unum provides them access to the products and the administrative support to bring the product...
... Group, Guardian Life Insurance Co., Berkshire Life Insurance Co. of America, Illinois Mutual, St...
Allianz Life Insurance Co. of North America . PO Box 1344 . Min...800-231-9150 . www.bankers.com . Berkshire Life Insurance Co. of America . 700 South St. . Pi...
Criminal Law Counterfeit currency
... common law right of a surviving widow to a life estate in one third of real estate owned by the de...Snyder v. Jones, 99 Md. 693 (1904). Insurance Law. Risk-based refusals. BOTTOM LINE: Insurer's d... determination of principle." See Berkshire Life Ins. Co. v. Maryland Insurance Administration...
Government statistics show that disability insurance covers about half the workers in the US, roughly the same amount as in 1986. The penetration statistics, from the federal Bureau of Labor Statistics, are not good, said Drew King, president of JHA, a disability reinsurance and research firm in Portland, ME. Each year, JHA surveys the vast majority of disability writers and reports on statistics and trends. What they've found consistently over the past six or seven years is that the majority of new-sales premium in LTD and STD is some other carrier's lapse, he said. Meanwhile, JHA reported a 6.5% gain in individual disability insurance sales. So, given this examination of last year's results, two new trends are bringing change to disability insurance. The mega-trend toward defined-cont...
... examples are Unum's Simply Unum and Guardian Life Insurance Co.'s DI@Work. Simply Unum, launched in ... of competition and product services at Berkshire Life Insurance Co., a wholly owned subsidiary of G...
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