Search for: "National Annuity Company In Liquidation"
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2 May 2023, 8:54 am
All of these companies are under scrutiny and in some kind of financial trouble with many of them in liquidation. [read post]
5 Dec 2023, 10:00 pm
Southland National Insurance is one of several insurance companies owned by Lindberg that is under liquidation or rehabilitation. [read post]
2 Sep 2011, 11:26 am
A liquidation value assigned to each annuity contract which will be reduced by a percentage based upon the ratio of the liquidation value of ELNY's assets to the aggregate liquidation value of all contracts. [read post]
26 Jul 2013, 11:35 am
However, all of ELNY's single premium immediate annuities (including all ELNY structured settlement annuities) remained with ELNY under the supervision of the Insurance Superintendent and his agent, the New York Liquidation Bureau (NYLB). [read post]
28 Aug 2011, 10:48 am
What happens if and when a multistate life insurance company like Executive Life Insurance Company of New York (ELNY) is liquidated? [read post]
27 Jul 2023, 4:40 am
Securities Fraud Investigation Involving Indexed Annuities The White Law Group is investigating the sales practices of brokerage firms and insurance companies that market and sell equity indexed annuities to retired or elderly investors. [read post]
22 Mar 2023, 9:19 am
In some cases, your broker may convince you to liquidate other investments to purchase the variable annuity, even though this may not be in your best interest. [read post]
17 Mar 2013, 9:22 am
In addition, the Liquidator plans to publish notice in multiple regional and national newspapers. [read post]
12 Sep 2013, 8:09 am
Variable vs. fixed A fixed annuity is a contract offered by an insurance company that is much like a bank CD. [read post]
19 Mar 2012, 5:08 pm
In contrast, the Superintendent has shared the full set of Objections with the National Organization of Life and Health Guaranty Associations (NOLHGA) and the Life Insurance Company Guaranty Corporation of New York (LICGCNY). [read post]
11 May 2010, 11:59 am
Liquidity "In Force" annuities must be held to term and are not liquid. [read post]
20 Mar 2009, 3:15 pm
It is highly doubtful that a company such as Annuity Transfers, Ltd would purchase the rights to an insolvent company. [read post]
9 Dec 2006, 6:40 pm
Traditional deferred annuities may have liquidity features. [read post]
25 Feb 2009, 2:59 am
In a recent interview, New York State Insurance Department Superintendent and returning chairman of the National Association of Insurance Commissioner’s (“NAIC”) Life Insurance and Annuities Committee Eric R. [read post]
21 Mar 2012, 6:07 am
What exactly are the attorneys for the ELNY Objectors trying to accomplish with their still unfinished cross-examination of Gibson whose testimony and report conclude that Guaranty Association Benefits Company (GABC), the proposed successor company to ELNY, will be "financially viable"? [read post]
19 Nov 2013, 8:14 am
The Guaranty Association Benefits Company (GABC), successor to liquidated Executive Life Insurance Company of New York (ELNY), has published two versions of a final liquidation date Schedule 1.15 on its website. [read post]
6 Dec 2007, 2:11 am
Executive Life Insurance Company of New York (ELNY) was placed into rehabilitation in 1991 after affiliated companies became insolvent and concerns about its future solvency arose. [read post]
25 Jun 2007, 12:43 pm
Variable annuities lack liquidity. [read post]
6 Aug 2009, 5:45 am
S&P has stated that "If Peach is unable to close on a new facility for its life settlements business, we believe the company could suffer from severe liquidity constraints in the near term". [read post]
21 Jan 2016, 1:55 pm
The 2016 examination priorities address issues across a variety of financial institutions, including investment advisers, investment companies, broker-dealers, transfer agents, clearing agencies, and national securities exchanges. [read post]
