Monthly Archives: March 2013

Genworth Suspends CA Long Term Care Insurance Offerings

“Current industry dynamics have caused many long term care insurance carriers to confront difficult decisions. Even in the face of sustained low interest rates, as well as other challenges facing the long term care insurance market, Genworth Life Insurance Company … Continue reading

Posted in Long term care insurance

Connecticut rejects long term care insurance rate increase requests

The Connecticut Insurance Department has rejected efforts by a unit of MetLife Inc. to increase rates on 5,800 long-term care insurance policies about 58 percent. “Connecticut experience has been much better than anticipated from inception-to-date on a loss ratio basis,” … Continue reading

Posted in Long term care insurance