Search for: "Variable Annuity Life Insurance Company, The"
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21 Jun 2011, 2:58 pm
In 2006, Lerner was fined $400,000 for violating disclosure rules in the sale of variable life insurance and annuities. [read post]
24 Jul 2017, 3:16 am
Many insurance companies offer such riders. [read post]
29 Jan 2020, 9:26 am
In the wake of the Dodd-Frank Act, FSOC tagged several insurance holding companies as SIFIs: American International Group Inc. [read post]
7 Jun 2008, 7:59 pm
Those that place structured settlements are required to possess a valid life insurance license as one of the prerequsities to receiving an appointment from the life insurance companies who write structured settlement annuities. [read post]
27 May 2022, 7:48 am
John Hancock Life Insurance Company – United States District Court – Southern District of Florida – May 9th, 2022) involves a putative class action claim against John Hancock Life Insurance Company. [read post]
8 Sep 2015, 6:27 am
He has also recently been registered with IDS Life Insurance Company, according to industry records. [read post]
3 Jan 2020, 1:54 pm
A variable annuity is a contract between an insurance company and an investor where the insurance company commits to pay the investor in the future, often at retirement. [read post]
17 Apr 2023, 12:40 pm
The purported strategy involved the liquidation of retirement funds to purchase variable annuities followed by the short-term withdrawal of funds from those annuities to purchase whole life insurance policies, according to FINRA. [read post]
14 Apr 2020, 3:53 pm
Missouri: On April 13th, the Missouri Department of Commerce and Insurance (the “Department”) issued Insurance Bulletin 20-09 authorizing the issuance of a temporary resident insurance producer license for life, variable life and variable annuity, accident and health, property, casualty, personal lines and crop. [read post]
30 Aug 2010, 5:30 am
Peter Bezich brought a class action in the state court asserting that Lincoln National Life Insurance Company breached the terms of certain variable life insurance policies by deducting cost-of-insurance charges from the accounts of its policyholders not basing on expected mortality, as promised by the policy. [read post]
1 Sep 2011, 5:53 am
Here are 3 main investment choices: 1) annuity and variable annuity contracts provided by an insurance company; 2) custodial accounts invested in mutual funds; or 3) for churches only, retirement income accounts. [read post]
13 Sep 2011, 4:30 am
The annuities were later issued by the defendant, Allianz Life Insurance Company of North America. [read post]
14 Nov 2012, 12:56 pm
In fact, these investments must be available only to purchasers of Variable Life Insurance or Variable Annuity Contract with the Insurance Company in order for this type of planning to work. [read post]
8 Oct 2021, 6:21 am
In 2019, Scott Silver, Silver Law Group’s managing partner, delivered a presentation to PIABA on how to win arbitration cases to recover investment losses caused by unsuitable annuity and life insurance recommendations. [read post]
19 Sep 2008, 11:34 pm
If you are the recipient of a structured settlement annuity from American General Life insurance Company, American International Life Assurance Company of New York or Variable Annuity Life Insurance Company (VALIC), do not panic! [read post]
14 Nov 2006, 4:54 am
" Specifically, the Model Act excludes from the definition of a security:"an insurance or endowment policy or annuity contract under which an insurance company promises to pay a fixed [or variable] sum of money either in a lump sum or periodically for life or other specified period. [read post]
3 Jan 2019, 11:33 am
Variable annuities, which are investments through a life insurance company contract, are not appropriate for all investors– especially those that can’t take on too much risk. [read post]
28 Jun 2018, 6:30 am
When choosing annuities, it’s important to work with a trusted broker and to select a reliable, highly rated life insurance company. [read post]
28 May 2014, 5:49 am
The complaints involve allegations of account manipulation, excessive trading, and a misrepresentation concerning a variable annuity. [read post]
30 Nov 2011, 5:37 pm
They contend that they were advised by an ex-Raymond James representative to take their $3.5M in bond funds and place them in variable life insurance and variable annuities. [read post]