UM – Walker v LSW 2014 0423 – DOC 812 – Trial Transcript – Day 10 – Walker v LSW – 194p (p142-147-Print Out) – zero percent floor,/ Policy Mechanics – Matthew DeSantos – LSW’s Senior Vice-President of Distribution and Business Development (himself a former insurance agent) – DOC 792 p27> (p14) – Dr. Patrick…

Read More

Annual Statements – Walker v LSW (p200) – Annual Statement – Monthly Deductions – Howlett Q Now, if you turn — well, actually let’s stay on the first page. Do you see on the line right above that it says monthly deductions? A Yes, I do. Q And the monthly deductions are listed as what…

Read More

Duty to Read – Walker v LSW (p184) Did they reasonably rely on their illustrations when, as the judge said, they had a duty to read their policies and they didn’t do it? 2014 0425 – DOC 813 – Trial Transcript – Day 12 – Walker v LSW – 224p (p162) – Duty to Read…

Read More

Patrick Kelly – Walker v LSW (p164) – Book – Missed Fortune – book written by Douglas R. Andrew titled Missed Fortune 101 – A Starter Kit to Becoming a Millionaire. Plaintiff Witness: Kim Howlett Q Now, when you met with Mr. Cooper, did he recommend that you read any books to familiarize yourself with…

Read More

How the Policy Works – Walker v LSW (p157) – Bucket – <Trowbridge> / How the Policy Works – <WishList – Exhibit 632> Q Mr. Cooper when he was providing this generic discussion of these insurance options, he actually talked to you about insurance mortality and expense charges; correct? A I don’t recall him talking…

Read More

One Policy Fee – Walker v LSW A I mean, it’s five bucks a month, you know. No, I don’t recall it. Q So since it’s only five bucks a month, why would the company be touting one policy fee? (p76-78) 2013 1211 – DOC 735-`2 : Deposition of Michael Tivilini- Walker v LSW –…

Read More

Walker v LSW – Prudential / MetLife Prudential – Vanishing Premium MetLife – Retirement / Savings Plan Walker v LSW Patrick Kelly MetLife In its June 7, 1994 Consent Order #94-102, the NJDBI cited N.J.S.A. 17B:30-3 and N.J.A.C. 11:2-23.4 and subsequently fined MetLife $965,555 for MetLife’s practice of misrepresenting life insurance to be retirement or savings…

Read More