What Does Genworth’s Bad News Mean for the Future of Long-Term Care Insurance?

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Last week, Genworth Financial, the dominant player in the traditional long-term care insurance market, acknowledged it is continuing to struggle to keep the product afloat. The firm announced it increased its reserves against future insurance claims by $531 million and said it is reviewing outstanding policies to determine whether it […]

Vía Forbes Real Time http://ift.tt/1uxQfIk

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