Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Aviva PLC nears sale of U.S. unit
By Maria WoodThe U.K.-based insurer expects to sell at a discount to book value as their restructuring plan continues.
November 08, 2012
3 months in the life of an ELNY annuitantBetween Dec. 7, 2011 and March 15, 2012, a group of ELNY payees were faced with a series of decisions some within their control, many outside of it that would change the course of their lives.
November 08, 2012
Nesting dollsThe ELNY saga involves many organizations that stack within each other. Which goes where?
November 08, 2012
Timothy CulhaneIn 1980, contractor Timothy Culhane was working on a seven-story worksite when he tripped on some unsecured cabling laid down by electrical subcontractors.
November 08, 2012
Reggie KellyOn Sept. 13, 1983, welder Reggie Kelly hopped on his motorcycle to go cash his paycheck over a lunch break. In the moments that followed, everything changed.
November 08, 2012
Letter to an ELNY payeeOn Dec. 7, 2011, 10,000 letters were mailed announcing ELNY's impending liquidation. How many were actually opened?
November 08, 2012
Oklahoma agent pleads guilty in annuity scamA former insurance agent convinced victims to cash in life and annuity polices in exchange for precious metals.
November 08, 2012
Sandra and Lawrence Foreman-KenikJust south of Great Falls, Montana, Sandy and Lawrence Foreman-Kenik are grappling with the reality that very soon, their retirement plans are going to fall apart.