business - "insurance"

(http://www.money-zine.com/Category/Retirement/)A variable annuity is a contract with an insurance company in which the insurer promises to make a series of payments to the contract holder. And unlike a fixed annuity that guarantees a series of fixed dollar payments, the value of a variable annuity will depend on the performance of the investments chosen.

Insurance Australia Group's chief executive Michael Hawker has resigned just days after the insurer knocked back a $8.7 billion takeover bid by QBE insurance Group Ltd.

GINA is the first and only federal legislation that will provide protections against discrimination based on an individual's genetic information in health insurance coverage and employment settings.

Many baby boomers incorrectly believe they have disability income protection, according to a new survey conducted by Harris Interactive® on behalf of America's Health insurance Plans (AHIP). Most say that disability insurance is important to protect their income, but nearly half say they do not have any disability income protection.

The Dubai Financial Market ended the day down slightly by 1.17% or 66.96 pips. Dubai insurance once again showed the biggest growth, rising 5% to 27.25dhs a share. The Abu Dhabi Securities Exchange rose slightly by 0.22% or 10.87 points. Abu Dhabi National Takaful showed the biggest increase, going up 9.99%.

Insurance Australia Group chief executive Michael Hawker has resigned from the top job at the company, conceding that he had lost the support of institutional investors.

What does your credit score have to do with what you pay for automobile or homeowner insurance? How about your education or your job?At a lengthy congressional hearing in Washington on Wednesday, Florida insurance Commissioner Kevin McCarty brought the state's long-running battle with the insurance industry over these issues to the forefront. He argued that credit scores are not 'fair and valid' criteria for setting insurance rates.Under an exemption from Florida's public records laws, insurers have been able to set policy premiums without revealing their pricing models. That exemption will expire in October, and a spokesman for McCarty's office said the state will ask companies to reveal more about their processes.

CNinsure has appointed Yongwei Ma, the former chairman of the China insurance Regulatory Commission, as an independent director on the company's board of directors.

Chief Executive Michael Hawker steps aside, following the auto and home insurer's dimming outlook and much crtiicism, having spurned a rich takeover bid from QBE insurance Group.

First Financial Network has announced that it will market and manage the sale of approximately 12,000 active and inactive credit card accounts totaling approximately $12 million from failed ANB Financial, National Association, for which the Federal Deposit insurance Corporation is acting as a receiver.