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Tuesday, December 27, 2016

No. 194: Life Partners—The Bankruptcy Court Approves a Reorganization Plan

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On November 1, 2016, U.S. Bankruptcy Court Judge Russell F. Nelms, who is handling the Life Partners case, approved a reorganization plan. ...
Monday, December 19, 2016

No. 193: Prudential Suspends Life Insurance Sales in Wells Fargo Branches

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On December 12, 2016, Prudential Financial, Inc. (NYSE:PRU), parent of New Jersey-based Prudential Insurance Company of America, announced ...
Wednesday, December 14, 2016

No. 192: The U.S. Department of Labor Wins A Pyrrhic Victory in Another Lawsuit Challenging Its New Fiduciary Rule

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In No. 188 (posted November 15, 2016), I discussed a lawsuit filed by the National Association of Fixed Annuities (NAFA) challenging the ne...
Friday, December 9, 2016

No. 191: Long-Term Care Insurance—A Looming Catastrophe

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Long-term care (LTC) insurance came on the scene in the 1970s, and by the early 2000s more than one hundred companies were offering it. Now...
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...