In wake of lawsuits, storm clouds over structured settlements
Two lawsuits raise serious questions about unrecognized risk connected with structured settlements' use.
My 13 favorite stories
Before I leave, I'd like to share my 13 favorite stories with you. Thanks for reading!
Tough times for structured settlements
The prospect that hundreds of ELNY shortfall claims could be reopened has to be unnerving for any P&C official.
Lawsky bars hedge fund giant from insurance business
Philip A. Falcone cannot exercise direct or indirect control over Fidelity & Guaranty Life or any other New York-licensed insurer for seven years.
ACLI calls Lawsky's letter on reserves 'irresponsible'
Is this a tempest in an actuarial pot or is there a huge solvency concern for policyholders?
Lawsky: NAIC's new reserving system will lead to shortfall
The life industry will go to the mats for the defense of its position, sources say, while FIO is expected to endorse PBR conditionally.
Days late, dollars short: ELNY liquidation date set
Guaranty Association Benefits Company will now distribute the assets of the dwindled estate.
Guggenheim gets approval on Sun Life deal
This is the first time an insurance regulator has had an investment firm adhere to higher RBC levels for completion of an annuity deal.
ELNY earnings charges expected to hit Q2 statements
AEL's charge, up to $8.5 million, is expected to be the first of many for life companies.
NYLB distributing assets of failed insurers
The New York Liquidation Bureau distributed a record $345.6 million in estate assets in 2012.