Robert Damron News
-
In the coming months, state legislators are likely to find a bill crossing their desks that requires law enforcement agencies to auction guns confiscated in crimes rather than destroy them, as many do now.
-
The accounts life insurers set up for survivors of slain soldiers and other Americans may not be covered by state guarantee funds, U.S. and state lawmakers said.
-
U.S. life insurers, a group led by MetLife Inc. and Prudential Financial Inc., would be prohibited from retaining death benefits without specific consent of clients under a proposal today by state legislators.
-
The National Conference of Insurance Legislators called for a “beneficiaries bill of rights” to protect consumers against abuse by carriers that, for decades, have earned income by retaining death benefits.
-
Kentucky’s insurance regulator has prohibited life insurers in the state from automatically retaining death benefits in their corporate general funds and issuing so-called checkbooks to the survivors.
-
Richard Shelby , ranking Republican on the Senate Banking Committee, requested the panel review insurers’ profits from the practice of retaining soldiers’ death benefits rather than making lump-sum payments to survivors.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page