Dec. 23 A Wisconsin-based insurance company is asking U.S. District Court in Pittsburgh to determine who gets nearly $700,000 in life-insurance benefits that were supposed to go to the widow of a murdered Mercer County doctor. Dr. Gulam Moonda, 69, of Hermitage, who was fatally shot May 13, 2005, along the Ohio Turnpike, took out […]
================================================================================ ——————————————————————————– UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): DECEMBER 22, 2006 HARTFORD LIFE INSURANCE COMPANY (Exact name of…Press: EDGAR Online 8-K Glimpse (USA)
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PRNewswire — Massachusetts Mutual Life Insurance Company (MassMutual) announced today the appointment of Michael R. Fanning as senior vice president and chief operating officer, U.S. Insurance Group. Mr. Fanning, 43, will be responsible for all business operations within the U.S. Insurance Group and will report to William Glavin Jr., executive vice president, U.S. Insurance Group.The […]
Dec. 20 Do you have life insurance? Are your premiums up to date? Those questions shouldn’t be brushed aside after the revelation that many life insurance companies bank on the chance most policyholders will let their coverage lapse. As reported in a New York Times article printed in yesterday’s News Tribune (”More seniors bank on […]
Life insurance policy types can vary a lot All life insurance policies have one thing in common: They provide a tax-free death benefit to your beneficiary when you die.But that’s where the similarities stop. Here, the Alabama Society of Certified Public Accountants offers an overview of the most common types of life insurance to assist […]
Late in life, an insurance bonanza By CHARLES DUHIGG New York Times Marvin Margolis, an 80-year-old Manhattan financial consultant, is looking for investors willing to bet on when he will die.Two years ago, Margolis bought a large life insurance policy. Now, he’s considering selling it to a group of investors, a deal that should […]
PRNewswire-FirstCall — Genworth Financial, Inc. (NYSE: GNW) announced today it will merge three of its life insurance companies into existing Genworth-named insurance companies. These mergers complete Genworth’s multi-year effort to brand its legal entities with the Genworth name and simplify its corporate structures.Pending final regulatory approval, companies being merged as of January 1, 2007 are […]
424B3 333-104713 SUPPLEMENT DATED DECEMBER 11, 2006: AXA EQUITABLE VARIABLE ANNUITY PROSPECTUSES AXA EQUITABLE VARIABLE LIFE PROSPECTUSES MONY LIFE INSURANCE COMPANY VARIABLE ANNUITY PROSPECTUSES MONY LIFE INSURANCE COMPANY VARIABLE LIFE PROSPECTUSES MONY LIFE INSURANCE COMPANY OF AMERICA VARIABLE ANNUITY PROSPECTUSES MONY LIFE INSURANCE COMPANY OF AMERICA VARIABLE LIFE PROSPECTUSES EQ ADVISORS TRUST…Press: EDGAR Online […]
Dec. 12 Facing its fifth straight year of losses, North Carolina Mutual Life Insurance Co. is searching for ways to boost its shrinking surplus as state regulators and the insurance rating firm A.M. Best Co. closely watch the company’s financial position. The 108-year-old Durham firm’s surplus has dropped from $22 million at the end of […]
A.M. Best Co. has placed the financial strength rating (FSR) of B (Fair) of Family Life Insurance Co.(Family Life) (Austin, Texas) under review with developing implications. Family Life is a wholly-owned subsidiary of Financial Industries Corp. (FIC) [Pinksheets: FNIN.PK]. This rating action follows FIC?s announcement that it reached a definitive agreement on Dec. 8, 2006, […]