Tag: Life Insurance

Annuties and longterm financial planning

Considering an investment ? Long-term financial stability? Earmark money for college? A annuity could be the answer….offering both security and growth. With interest rates at an all time low and T bills gaining virtually no interest , an annuity has…

Life Insurer "Death Master" Investigation Leads to Multi-State Regulatory Settlement

by Michael Rosenfield & Dennis Quinn
Insurance regulators across the nation from time-to-time focus their efforts on pursuing the joint investigation of a legal issue (e.g., brokers’ fees or title insurance matters) that is perceived by the r…

California Courts Continue to Rein in Class Certification in the Marketing and Sale of Insurance

By Larry Golub and Marina Karvelas
In Fairbanks v. Farmers New World Life Ins. Co., decided July 13, 2011, California’s Second Appellate District, Division Three, upheld the trial court’s denial of class certification for a proposed nationwide cl…

California Insurance Commissioner Dave Jones’ Holds Investigatory Hearing on Life Insurer Claims Payments of Death Benefits

By Robert W. Hogeboom and Alexandra E. Ciganer
On May 23, 2011, California Insurance Commissioner Dave Jones along with State Controller John Chiang held an investigatory hearing on the claims practices of Metropolitan Life Insurance Company (“Me…