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Wednesday, September 28, 2016

No. 181: State Farm Insurance—Class Certification in a Lawsuit in Federal Court Alleging that the Company Subverted the Illinois Court System

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On September 16, 2016, U.S. District Court Judge David R. Herndon issued a "Memorandum and Order" (Order) in an extraordinary cas...
Monday, September 19, 2016

No. 180: Long-Term Care Insurance—An Update on Senior Health Insurance Company of Pennsylvania

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Senior Health Insurance Company of Pennsylvania (SHIP), formerly Conseco Senior Health Insurance Company (CSHI), is a long-term care (LTC) ...
Thursday, September 15, 2016

No. 179: Annuities, Pensions, and the Theft of Benefit Payments—Another Recent Example

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In No. 177 (posted August 31, 2016) I reported on the practice of life insurance companies using the Social Security Death Master File in t...
Thursday, September 8, 2016

No. 178: Iowa's Accounting Rules and a Petition Seeking Access to Documents

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In November 2014 I posted three items about Iowa's accounting rules (Nos. 71, 72, and 73). Later I posted several other related items. ...
Wednesday, August 31, 2016

No. 177: Annuities, Pensions, and the Theft of Benefit Payments

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The August 1980 issue of The Insurance Forum carried an article about unclaimed death benefits. However, the subject did not catch fire un...
Thursday, August 25, 2016

No. 176: Annuity Churning Leads to Federal Prison Time for an Agent

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On September 14, 2016, Gary Edward Hibbing, a former insurance agent, will report to a federal prison to begin serving a sentence for actio...
Thursday, August 18, 2016

No. 175: Long-Term Care Insurance—A Follow-Up and a Correction

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In No. 174 (posted August 11, 2016) I said I have long expressed the opinion that the problem of financing long-term care (LTC) cannot be s...