Archive for September, 2003

Safeco Says It Will Stop Selling Life Insurance

Sep. 30 Safeco plans to sell its life-insurance and investment arm and cut 500 jobs, moves it says will help it focus on selling auto and home insurance. The fate of about 1,600 employees in the Redmond-based unit may hang on whether a single buyer can be found or if the unit is broken up […]

September 29th, 2003 | Posted in Life Insurance | No Comments

Rep. Wants Free Troop Life Insurance

Rep. Steve Israel (D-Huntington) announced yesterday that he has written legislation that would require the federal government to provide a minimum of $100,000 life insurance free to active duty personnel. “People fighting for our peace should have peace of mind,” he said at a news conference at the American Legion hall in Bay Shore.Israel has […]

September 3rd, 2003 | Posted in Life Insurance | No Comments