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By Arthur D. Postal |
June 7, 2013
The state has settled with insurers that write more than 50 percent of all the issued and active life insurance policies nationwide.
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By Arthur D. Postal |
May 13, 2013
The push for tax revenues is pitting states against insurers over the issue of unclaimed funds.
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By Arthur D. Postal |
May 13, 2013
California's controller alleges American National Insurance has been stonewalling his record requests.
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By Allison Bell |
February 22, 2013
The state should contribute $4.9 billion this year to start pre-funding the benefits, Chiang says.
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By Arthur D. Postal |
February 1, 2013
The suit could represent a new escalation of the unclaimed property practices of insurers.
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By Arthur D. Postal |
November 19, 2012
The firm agreed with six state insurance regulators to improve the steps that they take to ensure the timely pay out on death benefit claims.
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By Arthur D. Postal |
October 23, 2012
The insurer will pay $11 million to be divided between states joined in the settlement.
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By Michael K. Stanley |
October 11, 2012
Nationwide has agreed to a $7.2 million settlement with seven state insurance departments for its misuse of the Social Security Death Master File database.
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By Arthur D. Postal |
May 1, 2012
Let’s pause for a second. The announcement April 24 by state regulators of a settlement with Metropolitan Life of its unclaimed property practices, coupled with an announcement that the settlement could include the return of perhaps $700 million either to policy beneficiaries or to the states, raises more questions than...
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By Arthur D. Postal |
April 24, 2012
The multi-state settlement with MetLife of its unclaimed property practices, coupled with an announcement that the settlement could include the return of perhaps $700 million either to policy beneficiaries or to the states, raises more questions than it answers.