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Friday, June 23, 2017

No. 223: Long-Term Care Insurance—Why It Is Wrong for States To Help Private Companies Sell the Product

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In May 2017 an Indiana resident shared with me a long-term care (LTC) insurance promotional mailing he had just received. The mailing purpo...
Thursday, June 15, 2017

No. 222: The Surplus Limitation Law in Massachusetts and a Quiet Amendment

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In No. 218 (posted May 18, 2017), I wrote about the March 2017 settlement of a July 2012 class action lawsuit against Massachusetts Mutual ...
Thursday, June 8, 2017

No. 221: David McCullough's New Book—A Sparkling Gem

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Readers of this blog know David McCullough is one of my favorite historians. He has received, among many honors, two Pulitzer prizes, two N...
Thursday, June 1, 2017

No. 220: Connecticut Violates the Constitutional Rights of Insurance Policyholders

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Connecticut recently enacted a law that authorizes a Connecticut-domiciled insurance company to divide itself into two or more insurance com...
Wednesday, May 24, 2017

No. 219: Cost-of-Insurance Increases, Aetna, Lincoln, Voya, and the New York State Department of Financial Services—An Update

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In No. 214 (posted April 20, 2017), I reported that, in August 2016, Lincoln Life & Annuity Company of New York (Lincoln) sent letters ...
Thursday, May 18, 2017

No. 218: Massachusetts Mutual's Dividends and the Proposed Settlement of a Class Action Lawsuit

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On July 12, 2012, Karen Bacchi, a Massachusetts resident, filed a class action lawsuit in federal court against Massachusetts Mutual Life I...
Thursday, May 11, 2017

No. 217: Penn Mutual's Policy Dividends and the Proposed Settlement of a Class Action Lawsuit

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On November 1, 2012, Pennsylvania residents Daniel and Edith Harshbarger filed a class action lawsuit in federal court against Penn Mutual ...