1. Allmerica Financial Corp. said it would give its individual disability insurance business to Metropolitan Life Insurance Co. by October in a move to end its losses from the business. 2. Center of UNUM said individual disability policies to be introduced next year would include shorter limits on payments for those able to work in other occupations. 3. He said the company would proceed with plans to introduce new individual disability policies that it expected would be less risky to the insurance company. 4. In recent years, insurance companies began charging women more for individual long-term disability insurance because they were considered a greater risk. 5. Individual disability income insurance policies led to higher-than-expected claims for many insurers, in part because of fraud, said Nutmeg Securities analyst Ira Zuckerman. 6. Individual disability income insurance policies led to higher-than-expected claims for many insurers, in part because of fraud, Zuckerman said. 7. Individual disability insurance is hard to get to begin with because of the huge potential for fraud. 8. Individual disability income insurance policies led to higher-than-expected claims for many insurers, in part because of fraud, Nutmeg Securities analyst Ira Zuckerman noted. 9. Northwestern Mutual Life Insurance Co., of Milwaukee, also says its individual disability business has been hit with higher-than-expected claims. 10. One of them, Equitable Cos., last year transferred the administration of its individual disability business to Paul Revere. |