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27 Sep 2017, 11:57 am by skelly
  Raising premiums on active life insurance policies may potentially conflict with existing New York law prohibiting life companies from discriminating among a class of insureds with respect to non-guaranteed elements of a policy. [read post]
26 Aug 2011, 2:29 pm by structuredsettlements
The New York Insurance Superintendent, as Rehabilitator of Executive Life Insurance Company of New York (ELNY), has advised the Court in Nassau County that the anticipated plan of liquidation for... [read post]
11 Mar 2011, 9:26 pm by S2KM Limited
A New York State Supreme Court Judge has ordered the Superintendent of the New York State Insurance Department to present the Court with a proposed order and plan of liquidation for Executive Life Insurance Company of New York (ELNY) on or before July 1, 2011 which establishes a briefing schedule and provides for notice to all ELNY creditors, after the Superintendent confers with the Life Insurance… [read post]
1 Aug 2008, 4:08 pm
Founded in 1845, New York Life Insurance Company is the annuity issuer for New York LIfe structured settlements and is the largest mutual life insurance company in the United States. [read post]
13 Jul 2011, 5:00 am by Wystan M. Ackerman
  This regulatory action in New York may result in more class action filings on this issue, and life insurers may want to take a look at what they are doing on this issue nationwide. [read post]
25 Jan 2019, 5:47 am by skelly
Having concluded an investigation into New York life insurers’ underwriting guidelines and practices, the New York Department of Financial Services has issued Insurance Circular Letter No. 1 (2019) to advise insurers of their statutory obligations regarding the use of external consumer data and information sources in underwriting for life insurance. [read post]
6 Nov 2023, 12:02 am by Disability Lawyers Dell & Schaefer
If New York Life has denied your long term disability claim, there are some first steps that you need to take. [read post]
23 Aug 2007, 8:29 am
It has been reported that New York Life Insurance Company, and its subsidiary New York Life Insurance and Annuity Corporation, have been upgraded to AAA  by Standard & Poors (S&P). [read post]
2 May 2009, 6:13 pm
The New York Times published a basic article on life and disability insurance last week. [read post]
28 Aug 2011, 10:48 am by S2KM Limited
What happens if and when a multistate life insurance company like Executive Life Insurance Company of New York (ELNY) is liquidated? [read post]
25 Jul 2011, 2:20 pm by Goldberg Segalla LLP
On July 5, 2011, the New York State Insurance Department directed all licensed life insurers to report how many death benefits they have not paid because they did not use the official government list of deaths to identify policyholders. [read post]
28 Jan 2008, 11:17 pm
On December 31, 2007 Aviva Life Insurance Company of New York, the New York structured annuity issuing company for Aviva USA was renamed Aviva Life and Annuity Company of New York. [read post]
5 Jul 2011, 1:45 pm by Patrick G. Lee
New York’s insurance department is examining whether life insurers have defrauded clients by failing to identify dead policyholders and pay out their beneficiaries, the WSJ reports. [read post]
22 Jul 2014, 5:57 am by Mark S. Humphreys
The New York Times Company has taken out life insurance policies on some top employees. [read post]
27 Mar 2009, 5:59 am
The New York State Insurance Department has proposed legislation that would regulate life settlements--"financial transactions that occur when individuals sell their life insurance policies for more than the surrender value, but less than the death benefits. [read post]
27 Mar 2009, 5:59 am
The New York State Insurance Department has proposed legislation that would regulate life settlements--"financial transactions that occur when individuals sell their life insurance policies for more than the surrender value, but less than the death benefits. [read post]
27 Mar 2009, 5:59 am
The New York State Insurance Department has proposed legislation that would regulate life settlements--"financial transactions that occur when individuals sell their life insurance policies for more than the surrender value, but less than the death benefits. [read post]
19 Jan 2011, 8:44 am
This arrangement is called "Stranger-owned life insurance" ("SOLI" or "STOLI") and was recently found not to violate New York Insurance Law by the New York State Court of Appeals in Kramer v. [read post]
15 Sep 2021, 6:36 pm by Ettinger Law Firm
Continue reading The post Making the Most of Life Insurance In Your Estate Plan appeared first on New York Estate Planning Lawyer Blog. [read post]