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15
APR
2014
Long Term Care Insurance

Genworth to Release 1st Quarter Earnings at End of April

Genworth Financial announced the time and date of their earnings release with 1st quarter results. 1st Quarter Earnings Release The company will issue the release along with the financial supplement after the market closes on April 29. The information will be available on their...
01
APR
2014
long term care insurance

Genworth CEO Looks Back on First Year with Company

Genworth President and CEO Tom McInerney reflected on his first year with Genworth in a recent short video. He entered the Long Term Care Insurance industry at Genworth during a very turbulent time within the market. Fortunately, he placed Long Term Care Insurance as a top...
28
MAR
2014
long term care insurance

New Long Term Care Insurance Products from Genworth

Genworth Financial has released information about their updated approach to the Long Term Care Insurance market and how they plan to design new products in the future. Approaching New Products President and CEO Tom McInerney addressed a question about how the company will handle...
27
MAR
2014
Long Term Care Insurance

Genworth Addresses Long Term Care Insurance Distribution Partners

Genworth recently released a series of short videos addressing various topics related to the Long Term Care Insurance industry, including an address to their distribution partners. Genworth and Distribution Partners Tom McInerney, President and CEO of Genworth Financial,...
25
MAR
2014
long term care insurance

Industry Trade Groups Come Out Against NAIC’s Recent Long Term Care Insurance Proposal

A new proposal would require Long Term Care Insurance companies to have a loss ratio of 100% before they are permitted to raise rates. NAIC Proposal The Senior Issues Task Force, which is part of the National Association of Insurance Commissioners (NAIC), released the original...
24
MAR
2014
long term care insurance

Genworth CEO Discusses Future of Long Term Care Insurance Industry

Thomas J. McInerney, the President and CEO of Genworth Financial, spoke recently about the current status and future of the Long Term Care Insurance industry. Long Term Care Insurance Conference McInerney presented at the annual Intercompany Long Term Care Insurance conference...
21
MAR
2014
long term care insurance

Connecticut Rejects Unum’s Request for Long Term Care Insurance Rate Increases

The Connecticut Insurance Department has rejected a unit of Unum’s application for rate increases on certain Long Term Care Insurance policies throughout the state. Application for Increase UNUM Life Insurance Company of America, a unit of Unum Group Corporation, applied for a...
17
MAR
2014
long term care insurance

Utah Legislature Passes Bill to Create Long Term Care Insurance Partnership Program

The state of Utah is posed to pass a bill that helps incentivize the purchase of Long Term Care Insurance and prepare state residents for the risk of long term care. Senate Bill S.B. 14 was sponsored by Senator Todd Weiler (R- Woods Cross) and introduced in the Senate on January...
12
MAR
2014

Pennsylvania Long Term Care Commission Holds First Meeting

The Pennsylvania Long Term Care Commission met for the first time last week to sort out the details of their agenda for the year. Pennsylvania Long Term Care Commission On Monday, March 7, the Secretary of Public Welfare Beverly Mackereth and Secretary of Aging Brian Duke met...
18
FEB
2014
long term care insurance

John Hancock Sees Increase in Long Term Care Insurance Sales

The insurance provider John Hancock reported positive 4th quarter results for their long term care division, including an increase in sales. John Hancock 4th Quarter Results Manulife, better known as John Hancock in the United States, released its 4th quarter earnings recently...
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