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Wednesday, December 23, 2020

No. 404: Executive Compensation in the Insurance Industry—2019 Data from the Nebraska Department of Insurance

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Background Beginning in 1975, in many issues of The Insurance Forum , I provided tabulations of executive compensation data in the insuranc...
Thursday, December 17, 2020

No. 403: General Electric Enters into a $200 Million Settlement with the Securities and Exchange Commission

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In No. 395 (October 26, 2020), I said General Electric Company (GE) had received a Wells notice on September 30, 2020 from the staff of the...
Friday, December 11, 2020

No. 402: Brian Alfaro, a Former Texas Securities Broker, Goes to Federal Prison

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On November 10, 2020, the U.S. Attorney in the Western District of Texas issued a press release announcing that Brian Keith Alfaro, a former...
Friday, December 4, 2020

No. 401: Unum Life of America Takes a $2 Billion Hit to Its Long-Term Care Insurance Reserves

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The MBOI Examination of ULA On June 30, 2020, Eric A. Cioppa, the Superintendent of the Maine Bureau of Insurance (MBOI), accepted and made ...
Tuesday, December 1, 2020

No. 400: Stranger-Originated Life Insurance—A Follow-Up to My Recent Blog Post About the Legislation in New Jersey

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In No. 317 (June 13, 2019), I discussed developments that led to recent legislation in New Jersey prohibiting stranger-originated life insu...
Friday, November 20, 2020

No. 399: John Hancock Defends a Class Action Lawsuit Over Huge Cost-of-Insurance Increases on Universal Life Policies

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On June 5, 2018, Jeffrey Leonard (Leonard) and others filed a class action lawsuit against John Hancock Life Insurance Company of New York (...
Friday, November 13, 2020

No. 398: Long-Term Care Insurance—Yet Another Update on the Skochin Lawsuit Against Genworth

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In No. 384 (July 30, 2020), I posted my most recent update on the Skochin class action lawsuit against Genworth Financial, Inc. (Genworth)...