Military
American Amicable – Horizon Life Insurance
American Amicable – Horizon Life Insurance americanamicable.com/internet/POS/products/HLMIL.htm 2005 1117 – GOV (Senate) – A Review of the GAO Report on the Sale of Financial Products to Military Personnel, Richard Shelby (R-AL) — [BonkNote] https://www.floir.com/siteDocuments/LH-Exams/American-AmicableLifeTXMulti-StateRegSettlementAgreement.pdf https://www.af.mil/News/Article-Display/Article/128924/insurance-companies-to-pay-back-gis-for-deception/ https://militarymoneymatters.org/2023/04/15/sharks-still-circling-the-military-bases-life-insurance-sold-as-investments/ https://www.deseret.com/2006/8/4/19966879/firm-that-targeted-servicemen-settles/ https://www.thefreelibrary.com/Selling+insurance+to+soldiers-a0131435620 2010 0823 – insurance-forums.com – by Green Sky (Rick) – insurance-forums.com/community/threads/term-life-w-annuity-rider.23570/#post-295555 This product used to be written by American Amicable. It…
Read MoreSGLI – Servicemembers’ Group Life Insurance
SGLI – Servicemembers’ Group Life Insurance 2011 – AP – Analysis of Servicemembers’ Group Life Insurance (SGLI) Program: History, Current Issues and Future Implications, By: Patrick M. Callan, Christopher M. Schmid, Michael Voogd – 119p
Read MoreBoston Mutual Life Insurance Company
Boston Mutual Life Insurance Company Military Boston Mutual Life Insurance Company 2006 0528 – Boston Mutual Life – Multi State Exam, Regulatory – 16p Massachusetts (Lead Regulator), Texas, Georgia 2006 0227 – Boston Mutual Life – Report on the Limited Scope Multi-State Market Conduct Examination of Boston Mutual Life Insurance Company, by the Office of…
Read MoreAmerican Fidelity
American Fidelity 1998 0717 – Tampa Bay Times – Insurers Accused of Bilking Recruits – [link] The problem, investigators and prosecutors say, is that customers did not read the pamphlets, simply taking the word of persuasive sales agents. “American Fidelity obviously is not in a position to know exactly what is said at each point-of-sale,” the companies’…
Read MoreTrans World Assurance
Trans World Assurance American Fidelity amfilife.com/faqs/ NEIBEL v. TRANS WORLD ASSURANCE COMPANY (1997) At the hearing in May, Trans World argued that its policy, called the Flexible Dollar Builder, was not subject to the military protection features in Georgia’s law. Its lawyers argued that the savings fund was part of the policy’s cash value, which…
Read MoreFirst Command
First Command 2002 1127 – NYT – Some Military Fund Investors End Up Bearing Heavy ‘Load’, by Tom Lauricella – [link]
Read MoreCC – 1993 When and 2005 Military
CC – 1993 When and 2005 Military and 2022 Current Issues in Insurance Many insurance companies even have a way to get a consumer’s money without the consumer ever knowing about it. Most policies have a clause that allows the company, without telling the policyholder, to dip into the savings component of their life insurance…
Read MoreMilitary – Sandbox
Military – Sandbox 2004 0712 – ThinkAdvisor – American-Amicable Reports Military Allotment Woes, By Staff Writer – [link] 2006 1128 – af.mil -Insurance companies to pay back GIs for deception, By Elaine Wilson, American Forces Press Service – [link] 2008 0902 – Kiplingers – Taking Aim at Military Scams: The men and women who protect our…
Read MoreDiana Henriques
Diana B. Henriques dianabhenriques.com/ nytimes.com/by/diana-b-henriques pulitzer.org/finalists/diana-b-henriques Finalist: Diana B. Henriques of The New York Times For her revelations that thousands of vulnerable American soldiers were exploited by some insurance companies, investment firms and lenders. Primerica 1990 0930 – NYT – Stubbing a Toe on Primerica, by Diana B. Henriques — [BonkNote] Military – Mid-2000s -…
Read MoreFIP – Future Income Payments
FIP – Future Income Payments receiverkohnfip.com/message-from-receiver.php Joseph C. Peiffer, President, Public Investors Advocate Bar Association (PIABA) fiplawsuit.com/representative-cases/ Scott Kohn Shurwest Securian – Minnesota Life Pacific Life Doug Andrew “wealth architects”, Aaron Andrew, Paramount, Live Abundant Edward Storer Civil Action No: 2018-CP-23-04010 mechanisms and the Life Insurance Retirement Strategy a/k/a IRA Reboot https://www.greenvilleonline.com/in-depth/news/2019/11/05/veterans-disability-loans-scam-future-income-payments-greenville-news/2448601001/ https://www.scribd.com/document/433067395/Future-Income-Payments-Indictment 2019 0923 – The Greenville News…
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