Life

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  New York's worst estate planning failure, ever

  By Bill Coffin  |  May 8, 2013

  Roman Blum died without bequeathing his vast fortune to anyone or anything. How is that even possible?

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  ELNY appeal dismissed

  By Elizabeth D. Festa  |  February 7, 2013

  The appeals court finds annuitants were not denied due process. Liquidation awaits any court action.

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  The long tomorrow

  By Michael K. Stanley  |  January 30, 2013

  Americans are bombarded with potential risks to their well-being and, for the most part, it sinks in.

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  ELNY shortfall annuitants' counsel held in contempt

  By Elizabeth D. Festa  |  January 29, 2013

  Judge John M. Galasso is holding attorneys of settlement victims in civil contempt for filing a class action lawsuit.

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  Is the Structured Settlement Process in need of Reform?

  By Warren S. Hersch  |  December 3, 2012

  Hindert also flags industry opposition for inhibiting the development of a potentially less costly alternative to factoring: commuting, wherein claimants sell rights to periodic payments back to the annuity provider. If, he says, more annuity contracts incorporated a commutation rider offering payees a discounted value of their future income stream,...

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  Is the structured settlement process in need of reform?

  By Warren S. Hersch  |  November 9, 2012

  Structured settlement annuities in high-damage personal injury cases generate billions in sales annually. But critics question an array of industry practices that may be harming claimants.

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  LTC Awareness Month to start Thursday

  By Allison Bell  |  October 31, 2012

  One goal of the 2012 campaign is to get the attention of younger consumers.

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  ELIC jury finds no damages in Artemis junk bond case in California

  By Elizabeth Festa  |  October 30, 2012

  CDI doesn't say what the next steps will be, but Artemis has deep pockets and has settled before.

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  Towers Watson to acquire DaVinci Consulting

  By Noah Guillaume  |  October 15, 2012

  The deal, expected to be finalized by November, would add to Towers Watson’s competency in the LTCI market.

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  John Hancock Unveils Tools for HNW Clients, Small Business Owners

  By Warren S. Hersch  |  July 9, 2012

  The Advanced Markets unit of John Hancock Life Insurance Company has developed two technology tools that aim to help producers better meet the needs of key client groups: high net worth customers and small business owners.