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May 22, 2011

UPDATE: Life Insurance Carriers Targets of Investigation From Florida to California.

   This entry updates a post here on May 3, 2011.

   The Florida Insurance Commissioner was scheduled to hold a day-long hearing on this issue on Thursday, May 19, 2011.  This issue was initiated by investigations from Coast to Coast concerning whether Life Insurance Carriers are failing to pay death benefits to beneficiaries under Life Insurance Policies they issued despite their institutional knowledge of policyholder deaths in some or many instances.  Expectations ran high and potential topics of discussion are explored by Robert Trigaux on Venture Blog, a St. Petersburg Times Business Blog Online, posted Thursday, May 19, 2011.

   Time will tell whether and what expectations were met that day.

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Posted by on May 22, 2011 at 04:25 AM in Current Affairs, Life Insurance |

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