Editors' picks for the week include a story on life insurers seeking nationally coordinated plan to deal with long-term care rate issues, and Berkshire Hathaway is best suited among insurers to shift bonds to higher-yielding newer issuances.
Among mortgage REITs, hope to retain home loan bank access springs eternal
Borrowings by the captive insurance subsidiaries of mortgage real estate investment trusts from the Federal Home Loan Bank system continued to decline in 2017 as the prospective terminations of their memberships loom less than three years away.
Life insurers seek nationally coordinated plan to deal with LTC rate issues
Industry representatives at a National Association of Insurance Commissioners conference in Milwaukee pressed state regulators to ratchet up the premium rate approval process for long-term care policies.
'Very unprofitable' discontinued biz sent insurer to largest loss in decades
A series of corrective actions have positioned GuideOne Mutual Insurance Co. and its subsidiaries to reduce future earnings volatility after the group in 2017 produced its largest consolidated net loss in at least a generation.
Berkshire Hathaway best suited among insurers to shift bonds to higher yields
Berkshire Hathaway Inc. will be in prime position to take advantage of maturing bonds and shift its bond portfolio mix into higher-yielding newer issuances within the next five years, assuming interest rates continue to rise.