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By Russel Dorsett, CLU |
May 2, 2012
Traditional, non-guaranteed universal life policies offer something the others don't: flexible premiums.
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By Larry O'Dell |
May 1, 2012
A federal jury in Virginia convicted a former Costa Rican insurance executive on Monday of all counts in a $485 million fraud scheme in which he was accused of lying to clients and investors about the financial stability of his company.
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By Arthur D Postal, Elizabeth Festa |
May 1, 2012
The insurance departments of Illinois, Florida, New Hampshire, North Dakota, and Pennsylvania joined in the negotiations with MetLife, according to California insurance commissioner Dave Jones and Kevin McCarty, NAIC president and Florida insurance commissioner.
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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 AP Staff Writer |
April 30, 2012
The financial services company won't be prosecuted for allegations that it failed to prevent some employees from making false statements on seniors' life insurance applications.
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By Noah Guillaume |
April 27, 2012
Over 130 jobs ranked lower than insurance agent on CareerCast.com's 2012 Jobs Rated report — which means you better get started on the gloating.
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By Larry O'Dell |
April 27, 2012
A former Costa Rican insurance executive charged in a $670 million fraud scheme says he was unaware the firm's financial statements had been falsified.
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By Larry O'Dell |
April 24, 2012
The government's evidence may be lacking in the trial of an executive accused of running a life settlements scheme.
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By Larry O'Dell |
April 23, 2012
Provident sold bonds guaranteeing funding for life settlement companies and, the government claims, misled investors about its financial stability, its credit rating and whether its financial statements had been audited.
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By Robin S. Weinberger, CLU, ChFC, CLTC, and Peter N. Katz, J.D., CLU, ChFC |
April 20, 2012
The life settlements market hasn't recovered much, but that doesn't mean your clients should wait to sell.
