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Monday, November 28, 2016

No. 190: Annuity Factoring—A Follow-Up on a Lawsuit Against Two Companies and Three Individuals

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In the August 2011 and October 2011 issues of The Insurance Forum , I wrote major articles about the practices of factoring companies that ...
Monday, November 21, 2016

No. 189: Life Settlement Promotion Based on a Lawsuit That Went Nowhere

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On November 10, 2016, I received an email from a marketing organization on the subject of "Fiduciary notice for life agents." Her...
Tuesday, November 15, 2016

No. 188: The U.S. Department of Labor Wins One of the Lawsuits Challenging Its New Fiduciary Rule

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On April 8, 2016, the U.S. Department of Labor (DOL) promulgated its long-awaited "fiduciary rule" addressing conflicts of intere...
Thursday, November 10, 2016

No. 187: Genworth Financial, Long-Term Care Insurance, and Clarification of a Comment in No. 185

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The purpose of this post is to clarify a comment I made in No. 185, in which I discussed, among other things, regulatory supervision. I di...
Tuesday, November 8, 2016

No. 186: Chernow's Superb Biography of Alexander Hamilton—An Election Day Special

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Ron Chernow's Alexander Hamilton , a superb biography of our first Secretary of the Treasury, inspired the smash Broadway hit, Hamilton...
Friday, November 4, 2016

No. 185: Long-Term Care Insurance—Regulatory Supervision, Rehabilitation, and Liquidation of Financially Troubled Companies

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For 25 years I have been saying that the problem of financing long-term care (LTC) cannot be solved through private insurance because the L...
Monday, October 31, 2016

No. 184: The SEC's Fraud Charges Against Torchia—An Update

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On November 10, 2015, the Securities and Exchange Commission (SEC) filed a 39-page, eight-count civil complaint against James A. Torchia, w...