Posts Tagged ‘life insurance’
Stop CA Lawmakers From Eliminating Self Insurance For Small Employers
May 23 – by Leila Morris Subscribe to Insurance Insider News IN CALIFORNIA • Stop California Lawmakers from Eliminating Self Insurance for Smaller Employers! • Groups Mobilize Against Rate Regulation • Dental Plan Conference to Feature Talk on Exchanges HEALTHCARE • Tax Credit is Too Small to Motivate Employers to Offer [...]
LA Life Agent Sentenced for Grand Theft
According to California Department of Insurance (CDI) investigators, during the period April 2008 through April 2009, Lori M. Charles, 41, of Culver City created fictional names and submitted 377 fraudulent insurance applications to a life insurer. Upon receipt of the insurance applications, the insurer issued Charles over $62,000 in advanced [...]
Hartford to Exit the Annuity Business
Hartford Financial Services has announced that it would exit its annuity business and consider a sale of a large portion of it's life insurance operation. They will cease new annuity sales in April. However, for people who own Hartford's fixed or indexed annuities, it means that Hartford is still obligated to protect its exisiting customers and [...]
Keeping Consumers in the Dark
by Peter N. Katz, JD, CLU, ChFC Previously in this column, we discussed the difficult position that life insurance producers could find themselves in when their companies restrict them from assisting their clients with a life settlement. These insurance company practices could leave policy owners unaware of the option of a life settlement. [...]
