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Life Insurance Policy News
Insurer looks to nix $4M 'suicide hit'
The life-insurance company of a Long Island motivational speaker slain in a suicidal murder-for-hire plot is trying to block his wife from collecting on his $4 million policy. Principal Group Life Insurance claims in a lawsuit filed yesterday in Brooklyn federal court that Jeffrey Locker, 52, lied about his income...
Read more News Source - New York Post
Publish date - 07:03:00 07/31/10

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Local veterans upset over life insurance policy
AMARILLO---A national out cry of disgust rises as people learn Prudential life insurance makes money off of dead veterans benefits.  Prudential is the sole provider of life insurance for active duty and recently retired service members.
Read more News Source - KFDA-TV Amarillo
Publish date - 00:01:20 07/30/10

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Keller Rohrback L.L.P. Investigates Life Insurance Companies Regarding Retained Asset Accounts
SEATTLE----Attorney Advertising. Keller Rohrback L.L.P. announces that it is investigating several national life insurance companies, including MetLife, Inc. and Prudential Financial, Inc. , as well as Genworth Financial Inc., Guardian Life Insurance Co. of America, New York Life Insurance Co., Northwestern Mutual Life Insurance Co., and Unum Group, regarding retained asset accounts the ...
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 00:26:48 07/31/10

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Keller Rohrback L.L.P. Investigates Life Insurance Companies Regarding Retained Asset Accounts
SEATTLE--(BUSINESS WIRE)--Attorney Advertising. Keller Rohrback L.L.P. (www.erisafraud.com) announces that it is investigating several national life insurance companies, including MetLife, Inc. (NYSE: MET) and Prudential Financial, Inc. (NYSE: PRU), as well as Genworth Financial Inc., Guardian Life Insurance Co. of America, New York Life Insurance Co., Northwestern ...
Read more News Source - Business Wire
Publish date - 00:38:34 07/31/10

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How much life insurance do I need?
Q: I'm 37, married, and have four kids ages 2 to 13. I'm in the market for term life insurance. What features should I look for? -- N.N., Lutherville, Md.
Read more News Source - CNN Money
Publish date - 16:08:52 07/29/10

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New York AG: Insurance firms defrauded military families of millions
New York Attorney General Andrew Cuomo is launching a fraud investigation into the life insurance industry for "practices that appear to have denied grieving military families and others of millions in life-insurance cash," Cuomo's office announced Thursday.
Read more News Source - CNN
Publish date - 02:38:05 07/30/10

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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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IPO & cashless policy norms soon, says Irda
Insurance regulator Irda on Friday said it would finalise guidelines for initial public offer by general insurance companies in a couple of months. The proposed IPO guidelines for life insurance firms are being examined by a Sebi body and will be issued shortly, it added.
Read more News Source - Express India
Publish date - 20:41:34 07/30/10

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Botswana Life on track for healthy profits
Botswana Insurance Holdings Limited (BIHL) shareholders are set for a boost with indicators that their wholly-owned subsidiary, Botswana Life, is on course for a sound half-year performance, due to be announced soon.
Read more News Source - Mmegi
Publish date - 15:28:58 07/30/10

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Illinois Insurance Agency, Agents Face Steep Fines; Licenses Revoked
The Illinois Department of Insurance revoked the insurance producer licenses of a Lake Bluff-based insurance agency and three insurance agents, including two from Antioch and one from Chicago, for ...
Read more News Source - Insurance Journal
Publish date - 16:05:23 07/30/10

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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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UPDATE: Six More Life Insurers Subpoenaed By Cuomo
UPDATE: Six More Life Insurers Subpoenaed By Cuomo
Read more News Source - FOX Business
Publish date - 18:24:50 07/30/10

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