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3 Oct 2008, 9:49 pm
Well, a review of the list of the big names on the life company list would include:AIG Annuity Insurance CompanyAIG Life Insurance CompanyAIG SunAmerica Life Assurance CompanyAmerican General Life Insurance CompanyAmerican Life Insurance CompanySunAmerica Life Insurance Company The Variable Annuity Life Insurance CompanyObviously, this would seem to imply, if we take the company at it's word after todays… [read post]
27 Sep 2008, 3:59 pm
The Irish, Italian and Jewish lawyers who went to Suffolk Law School, Boston College and Holy Cross were still looked down upon by the old school Yankee and Brahman lawyers that dominated the down town firms and the courts and insurance companies could be exceptionally corrupt. [read post]
26 Sep 2008, 11:54 am
The FDIC guarantees among other things, up to $100,000 per person per insured institution for bank deposits.[7] The FDIC also insures up to $250,000 per account holder for deposit retirement accounts.[8] The FDIC has reported that of the nation's $6.8 trillion dollars in bank deposits, about $2.6 trillion is not covered by FDIC guarantee.[9] Money-market mutual funds are not FDIC insured.[10] Brokerage accounts are protected… [read post]
26 Sep 2008, 7:33 am
"In addition, insisting that government infusions of funds be tied to equity shares in the companies who benefit is precisely what is needed to make sure that the net cost of the bailout to taxpayers is minimized. [read post]
25 Sep 2008, 6:32 pm
The underlying amendment includes $7.5 billion to support $25 billion of loans to auto companies to manufacture advanced, more energy-efficient vehicles. [read post]
23 Sep 2008, 3:04 pm
Setting aside your personal feelings about approved lists, that approved list is currently comprised of New York Life Insurance Company (AM Best A++), Allstate Life Insurance Company (and its New York subsidiary, both A+), Hartford Life Insurance Company (A+), Pacific Life and Annuity (A++), in addition to the 2 AIG life insurance subsidiaries, American International Life Assurance Company of New York and American… [read post]
22 Sep 2008, 11:11 pm
After an individual's death, his or her assets will be gathered, business affairs settled, debts paid, necessary tax returns filed, and assets distributed as the deceased individual (generally referred to as the "decedent") directed. [read post]
22 Sep 2008, 7:49 pm
Fiduciaries should also know about the protections plan assets should have from creditors of insurance companies offering 401(k) plans under group annuities. [read post]
22 Sep 2008, 1:25 am
As lawsuits emerge from what I described above as the second derivative of the subprime meltdown, where companies lacking any direct exposure to subprime nevertheless experience losses because of exposure to other companies suffering credit crisis-related reversals, the ensuing litigation wave could threaten to become a generalized inundation deluging a substantial number of participants in the larger economy. [read post]
21 Sep 2008, 9:16 pm
By contrast, Obama’s plan would cost $1.6 trillion over 10 years but eventually get insurance to an additional 34 million people. [read post]
19 Sep 2008, 9:57 pm
Type of Relationship: Are there written contracts or employee type benefits (i.e. pension plan, insurance, vacation pay, etc.)? [read post]
17 Sep 2008, 9:10 pm
The defendant and/or insurer as owners of the annuity contract are general creditors of the annuity issuer. [read post]
16 Sep 2008, 5:37 pm
We are in the most serious financial crisis in generations. [read post]
11 Sep 2008, 8:12 pm
Defendant pharma company made a drug (or possibly a biologic) used by diabetics to maintain steady blood sugar levels. [read post]
11 Sep 2008, 9:21 am
The compensation and side deals also seem especially generous when viewed in the context of the company's recent performance. [read post]
9 Sep 2008, 2:25 pm
Wheeler, No. 07-1816 Conviction and sentence for embezzling, stealing or otherwise converting employee contributions to a company's health insurance and 401(k) funds in violation of 18 U.S.C. sections 669 and 664, are affirmed over claims that the district court: 1) erred in defining the mens rea element of the offense under section 669; 2) admitted impermissible prior act evidence in violation of Federal Rule of Evidence 404(b); and 3) imposed an enhancement that lacked… [read post]
6 Sep 2008, 2:27 am
(Communications aimed at the general public such as television or billboard advertisements are not “solicitations,” but marketing emails, telemarketing calls and direct mailings aimed at particular consumers are considered “solicitations. [read post]
5 Sep 2008, 11:01 pm
(IP finance), Microsoft and Nikon sign patent cross-licensing agreement covering consumer electronics: (Managing Intellectual Property), World day against software patents: (Spicy IP), (IPKat), Patents.com – PatentMonkey redux: (The Patent Librarian’s Notebook), Women and patents: it is not working at the moment: (IAM) Experts discuss the role of IP in environmental technology transfer: (Intellectual Propery Watch), WIPO’s 2008 World Patent Report: (The Patent… [read post]
4 Sep 2008, 6:27 pm
By now it seems beyond serious doubt that George Bush and company committed numerous war crimes. [read post]
28 Aug 2008, 4:32 am
As I discussed in a post at the time (here), the subpoenas were directed to the companies’ disclosures to shareholders of the financial risks regarding global warming and climate change. [read post]
