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Monday, November 20, 2017

No. 242: Long-Term Care Insurance—The Closed Block at Kanawha Hits the News

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KMG America Corporation is a holding company formed in 2004, incorporated in Virginia, and based in Minnesota. In 2004 KMG acquired Kanawha...
Friday, November 17, 2017

No. 241: The Age 100 Problem—An Update

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In No. 141 (posted February 1, 2016), I wrote about what I call the "age 100 problem in cash-value life insurance," a topic on wh...
Thursday, November 9, 2017

No. 240: TIAA-CREF Under the Microscope

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On October 22, 2017, The New York Times carried a long article about Teachers Insurance and Annuity Association of America (TIAA) and its ...
Monday, October 23, 2017

No. 239: Transamerica's Cost-of-Insurance Increases and an Important Class Action Lawsuit

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In 1989 Gordon Feller, a California resident, purchased a $500,000 universal life policy from a California-based predecessor of Transameric...
Monday, October 16, 2017

No. 238: Lincoln National Life's Cost-of-Insurance Increases—An Important Recent Development in an Ongoing Lawsuit

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In No. 212 (posted April 7, 2017), I discussed four class action lawsuits filed in the federal court in Philadelphia against Lincoln Nationa...
Tuesday, October 10, 2017

No. 237: Country Life—A Confidential Settlement Avoids a Likely Court Defeat Over a Disability Insurance Claim

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In No. 236 (posted September 28, 2017), I discussed a federal jury award of $6.5 million to Benjamin McClure, an Arizona plaintiff in a law...
Thursday, September 28, 2017

No. 236: Country Life Suffers a Court Defeat Over a Disability Insurance Claim

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On September 8, 2017, a jury in Arizona awarded $6.5 million to the plaintiff in a lawsuit against Country Life Insurance Company (Bloomingt...