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American General Life Insurance News
Cuomo probes life insurance accounts
New York Attorney General Andrew Cuomo began a fraud probe into the life insurance industry and subpoenaed MetLife Inc. and Prudential Financial Inc. for information about profits on death benefits retained from the families of deceased policyholders including military personnel.
Read more News Source - The Record and Herald News
Publish date - 06:11:01 07/30/10

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Video: Life Insurance's Dirty Secret
Katie Couric exposes the "dirty little secret" of life insurance providers Prudential and MetLife who profited from the death benefits of fallen soldiers.
Read more News Source - CBS News
Publish date - 02:12:29 07/30/10

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Make your dreams come true with Philam Life's Bright Future Plus
PHILAM Life, the largest life insurer in the Philippines, introduced its newest education and life insurance plan-in-one Bright Future Plus to help parents save for education expenses. read more
Read more News Source - Sun Star
Publish date - 13:15:01 07/31/10

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Insurance Industry's Dirty Little Secret
Investigations Launched into Whether Life Insurance Companies are Taking Advantage of Grieving Families
Read more News Source - CBS News
Publish date - 01:48:58 07/30/10

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Dead Vets’ Families Accuse Insurer of $100 Million Scam
by Aaron Glantz Prudential cheated the families of dead American soldiers and Marines out of more than $100 million in interest on their life-insurance policies, according to a lawsuit filed Thursday in a Massachusetts federal court. The suit, brought by the parents of two veterans who committed suicide after returning home from Iraq, came as the Pentagon, the Department of Veterans Affairs and ...
Read more News Source - CommonDreams.org
Publish date - 16:28:48 07/31/10

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Survivors Can Bank Benefits, Skip Insurance Accounts
Life insurance beneficiaries seeking federal protection for their money should take their proceeds straight to the bank rather than risk losing their cash by letting insurers hold onto it.
Read more News Source - BusinessWeek
Publish date - 17:59:28 07/29/10

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Dead Vets’ Families Accuse Insurer of $100 Million Scam
Prudential cheated the families of dead American soldiers and Marines out of more than $100 million in interest on their life-insurance policies, according to a lawsuit filed Thursday in a Massachusetts federal court.The suit, brought by the parents of two...
Read more News Source - New America Media
Publish date - 00:48:25 07/31/10

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Just who is Ken Cuccinelli?
Q&A transcript | Virginia's most high-profile attorney general took questions and comments. Ken Cuccinelli - Attorney general - Virginia - United States - Law
Read more News Source - Washington Post
Publish date - 21:46:40 07/30/10

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NY subpoenas MetLife, Pru on soldier death benefits
New York's attorney general has subpoenaed MetLife Inc and Prudential Financial Inc as part of a probe into whether life insurers are defrauding families of deceased military personnel by siphoning off millions of dollars of death benefits for themselves.
Read more News Source - Reuters via Yahoo! News
Publish date - 23:29:05 07/29/10

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Beneficiaries Can Cash Proceeds, Bypass Life Insurer Checking Accounts
Life insurance beneficiaries should take their proceeds straight to the bank rather than risk losing their cash by letting insurers hold onto it.
Read more News Source - Bloomberg
Publish date - 04:28:57 07/29/10

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N.Y. insurer probe widens to include Genworth, Unum
ALBANY, N.Y. (Bloomberg)—New York Attorney General Andrew Cuomo subpoenaed Genworth Financial Inc., Unum Group and an insurer acquired by France's AXA S.A. as the state widens a life- insurance fraud probe, said a person briefed on the demands.
Read more News Source - Business Insurance
Publish date - 15:13:55 07/30/10

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Insurers profit from delayed life insurance payouts to bereaved families
Bloomberg News Thursday, July 29, 2010 The package arrived at Cindy Lohman's home in Great Mills, Md., two weeks after she learned her son, Ryan, a 24-year-old Army sergeant, had been killed by a bomb in Afghanistan. The thick envelope from Prudential Financial Inc., which handles life insurance for the Department of Veterans Affairs, held a letter about Ryan's $400,000 policy. And something ...
Read more News Source - St. Petersburg Times
Publish date - 11:08:36 07/29/10

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