Search for: "New York Life Insurance "
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8 Feb 2018, 12:00 am
New York State Investors who have purchased insurance contracts have been subject to unnecessary requirements imposed by replaced insurers on replacing insurers. [read post]
13 Feb 2016, 6:08 am
Mutual Life Insurance Company of New York brought an interpleader action to determine the proper beneficiary under a policy of life insurance issued on the life of Melvin K. [read post]
28 Aug 2016, 8:18 am
Continue reading The post Life Insurance and Business Succession Planning appeared first on New York Estate Planning Lawyer Blog. [read post]
13 Sep 2011, 2:32 pm
Regulation 60 of the New York State Insurance Department requires that brokerage firms, stockbrokers, financial advisors, and insurance salesmen who recommend the replacement of existing insurance coverages, such as whole life insurance policies, as well as variable annuity policies, properly complete, file, and present required disclosures of any such proposed replacements, for customer signature. [read post]
13 Sep 2011, 2:32 pm
Regulation 60 of the New York State Insurance Department requires that brokerage firms, stockbrokers, financial advisors, and insurance salesmen who recommend the replacement of existing insurance coverages, such as whole life insurance policies, as well as variable annuity policies, properly complete, file, and present required disclosures of any such proposed replacements, for customer signature. [read post]
26 Aug 2010, 12:28 pm
The article tells us that the New York Attorney General has opened a fraud investigation and subpoenaed insurers including MetLife Inc. and Prudential Financial Inc.The NAIC says, "Allowing the life insurance companies to default to retained asset accounts is just not acceptable," "How any consumer advocate, which is what an insurance commissioner is suppose to be, could allow a default to a retained asset account raises serious… [read post]
21 Feb 2011, 1:10 pm
Due to new life expectancy tables, you may be able to get more insurance for less money. 4. [read post]
1 May 2009, 5:15 pm
The younger you are, the less it will cost, so don't put it off for better times.The New York Times just published a great overview of insurance that you can read to learn more. [read post]
15 Sep 2013, 10:00 am
A recent New York Life survey show 20% of Americans born between 1965 and 1976 report zero life insurance coverage, up from 5% in 2008. [read post]
18 Nov 2010, 6:54 am
The underlying case stemmed from the purchase of several life insurance policies by Arthur Kramer, a prominent New York attorney, in 2008. [read post]
20 Nov 2009, 5:28 am
Earlier this week, the New York Legislature passed a bill establishing a comprehensive statutory framework for the regulation of life settlements. [read post]
29 Jul 2010, 8:32 am
For those pondering the question concerning the issue of advertising or providing of free or discounted services (such as legal services, discounted mortgage services, pre settlement financing) for plaintiffs or attorneys, in connection with or tied to the placement of insurance products such as structured settlement annuities and life insurance, the following New York Insurance Department Circular… [read post]
1 Oct 2007, 6:57 am
It's Monday, and time for the weekly round up of interesting posts from my fellow New York law bloggers: Indignant Indigent: September Term Roundup (discusses recent Fourth Department decisions) Renewal Required New York Attorney Malpractice Blog: Divorce Legal Malpractice Case Dismissed (discusses Second Department decision) New York Civil Law: Appellate Division, Second Department Addresses Two Labor Law Issues A Cause of Action for… [read post]
14 Jan 2011, 8:59 pm
The United States District Court for the Southern District of New York issued its opinion in Greenwich Life Settlements, Inc. v. [read post]
13 Nov 2023, 10:58 am
New York Fines A.G.I.A. $190,000 for Affinity Group BusinessThe New York Department of Financial Services (NYSDFS) entered into a Consent Order with A.G.I.A., Inc. on November 3, 2023, for violations related to multiple aspects of the Company’s affinity group life as well as group accident and health insurance business. [read post]
16 Jun 2020, 7:41 am
However, if an IAIG has not conducted substantial insurance operations in New York, the Superintendent may still determine that she is the GWS for the IAIG in the event of a material change in the IAIG that results in: (1) the IAIG’s insurers domiciled in New York holding the largest share of the IAIG’s premiums, assets, or liabilities; or (2) New York being the place of domicile of the top-tiered insurer or… [read post]
24 Jan 2011, 9:01 am
Second Circuit Court of Appeals the New York Court of Appeals found that New York law did not prohibit a person from obtaining life insurance on his own life for the sole purpose of transferring such insurance to investors. [read post]
12 May 2021, 12:25 pm
Aetna Life Insurance Company, New York’s Federal Appeals Court, the Second Circuit, confirmed the applicability of the law and gave it a broad interpretation, rejecting all of the insurance company’s attempts to grab back money from injured New Yorkers. [read post]
2 Jun 2009, 6:06 pm
The New York State Insurance Department has just released its proposed regulatory agenda for the second half of 2009. [read post]
24 Mar 2009, 6:45 am
Recently posted to the New York State Insurance Department's website is the 2008 Annual Report of the New York State Insurance Frauds Bureau. [read post]
