Why do insurance companies buy pension funds from companies? How do they make money taking the pension plan?

Jugal T asked: Why do insurance companies buy pension funds from companies? How do they make money taking the pension plan off the company’s hand?

Does the company offering the pension plan pay anything to the insurance company to take the liability off their hands?

February 27th, 2011 | Tags: , | Category: Insurance | 3 comments

When will the Insurance Lobby force us to have Medical insurance like the did Auto insurance?

..???.. asked: Forced auto insurance, seat belt laws, helmet laws, child safety seats, laws and regulations, all brought upon us by insurance companies who use government regulation to maximize their profits.
Isn’t it only a matter of time before they get their friends in Washington to make Health Insurance Mandatory?
Or is that the republican plan for [...]

February 23rd, 2011 | Tags: , | Category: Politics | 5 comments

A jumbo mortgages is a home loan that exceeds the limits set by FannieMae and Freddie Mac.How are jumbo loans different?What differentiates jumbo mortgage loans is the loan amount. At present, loan amounts that are higher than $417,000 are usually deemed jumbo mortgages. This determination is made by comparing industry standards for average housing loans [...]

June 13th, 2010 | Tags: , | Category: Mortgage | Leave a comment