Voluntary Benefits

American International Group Inc. said Monday that it will spend $718.1 million Hong Kong dollars ($92.5 million) in a rights offering by Chinese insurance company PICC Property and Casualty Co.

Drugstore chain Rite Aid Corp.'s board of directors has elected former Blue Shield of California Chairman and CEO Bruce G. Bodaken to its board of directors.

Like this forward-thinking retailer, our own industry would benefit from advancing its collective mindset. We need to consider innovative possibilities, rather than cling to time-honored practices. We must expand beyond the walls of tradition that confine us.

National Financial Partners Corp. said Monday that it named Douglas Hammond, its current president and chief operating officer, as its new chief executive officer.

Complaints about benefits – no one likes to receive them. As we look toward the future within the Affordable Care Act (ACA), many benefit advisers…

Sun Life Financial's Tom Gilligan shares insights on the voluntary market at Benefits Selling's 2013 Expo.