Archive for the ‘News’ Category
LIFE INSURANCE – 1 – BASICS Confused about life insurance? Life insurance is for life. Quickly and clearly, this Advanced Wealth Guide explains how life insurance works and when it pays.
Jasper Hauswald
FedEx Flight 705, a McDonnell Douglas DC-10-30 ferrying electronics to San Jose, experienced an attempted hijacking for the purpose of a ******* attack on April 7, 1994. On that day Auburn Calloway, a FedEx employee facing possible dismissal for lying about his previous flying experience, boarded the scheduled flight with several concealed hammers and a speargun. Once airborne he intended to kill the crew using blunt force so that the injuries inflicted would appear as though created in the crash. He then planned to intentionally crash the aircraft into Federal Express’ Memphis headquarters. He believed that concealing his death as an accident while still an employee would make his family eligible for a $2.5 million life insurance policy paid by Federal Express. The hijacking was unsuccessful, as the crew was able to fight back, despite severe wounds, subdue the attacker, and safely land the aircraft.
Marlo Charnoski
Peter Schiff, Austrian Economist, predicts economic crisis and coming inflationary depression. Visit www.KendeSilva.com to learn more about ways to limit volatility, reduce risk, and insure your retirement savings with our principal protected variable annuities. www.Kendesilva.com
Philip
www.secrette.com NEW YORK, Oct 3, 2008– American International Group, Inc. (AIG) today indicated its intent to refocus the company on its core property and casualty insurance businesses, generate sufficient liquidity to repay the outstanding balance of its loan from the Federal Reserve Bank of New York and address its capital structure. AIG had drawn $61 billion on the Fed credit facility as of September 30, 2008. AIG plans to retain its US property and casualty and foreign general insurance businesses, and to retain a continuing ownership interest in its foreign life insurance operations. AIG’s worldwide property and casualty businesses generated approximately $40 billion in revenues in 2007. The company is exploring divestiture opportunities for its remaining high-quality businesses and assets. AIG is also actively at work on a number of alternatives for its Financial Products business and its securities lending program. AIG Chairman and Chief Executive Officer Edward M. Liddy, said, “We are refocusing on our traditional strengths in property and casualty underwriting. We have a number of remarkable businesses with leading market positions and significant competitive advantages that could not be recreated today.To realize our objective, we will sell a number of extraordinary businesses that are proving to be highly attractive to buyers,” Liddy said. “We have already been contacted by numerous strong, stable parties, and we expect that buyers will recognize the value of …
Robert
¿Tienes un plan B para tu Vida?
Shanelle Blashak
Daily News @ RevolutionNews.US ~ (CBS) The death of an American in uniform – no matter what the circumstances – is always a tragedy. Now, the Department of Veterans Affairs and the State of New York are investigating whether life insurance companies are taking advantage of their grieving families at a time when they’re most vulnerable. This is in response to a story we brought you last night, based on a six-month investigation by Bloomberg Markets Magazine. It’s being called the life insurance industry’s dirty little secret revelations the nation’s second largest insurer was profiting from the death benefits of fallen soldiers. “Until today I actually believed that the families of our fallen heroes got a check for the full amount,” said Secretary of Defense Robert Gates on Thursday. “So this came as news to me.” CBS Evening News Anchor Katie Couric reports survivors like Cindy Lohman, whose son Ryan was killed in Afghanistan, believed they’d be getting checks too. Instead, they were told their death benefits were being placed in a secure, interest-bearing account. But the funds are actually held in the company’s own general corporate account, allowing Prudential to earn the lion’s share of the interest for itself. “I was stunned to find out that ‘yeah, I had been duped.’” Cindy said. In 2008, when Cindy Lohman’s statement said she was earning less than 1 percent interest on her Alliance Account, public records show Prudential was earning almost 5 percent on its corporate …
Ian Ogawa
Preorder ‘Capitalism: A Love Story’ on DVD: tinyurl.com To learn more about ‘dead peasants’ insurance, check out deadpeasants.biz
Renita Grave
Big Fish: In an exclusive interview, TS Vijayan, chairman of LIC, talks about LICs investment plans, M&A plans, opportunities in pension sector, take on agent commission and its strategy on partnership.
Ardis Yordy
www.ntv.co.ke Coffee farmers in Ruiri and Kianjai areas in Meru County of central Kenya are set to benefit from a weather based insurance scheme initiated by the APA Insurance Company. The scheme allows farmers to be compensated for their inputs in case of drought or when their crops are destroyed by too much rainfall. Alex Mwangi now brings you this report on how technology is being harnessed to promote sustained food output.
Jeremiah Walde
Sun Life was founded in 1865 and they are the one of the top five largest disability insurance companies in the world. They are based in Toronto, Canada, but more than 40% of their business is from the United States. They are a multi-billion dollar insurance company. In this two-partepisode disability insurance attorneys Gregory Dell and Cesar Gavidia of Attorneys Dell & Schaefer discuss Sun Life Financial Disability Insurance Company and their handling of long term disability insurance claims. More specifically our disability attorneys discuss some lawsuits that have been filed againt Sun Life and we describe Sun Life’s internal disability claims handling resources. Sun Life attempts to “return disability claimants to work” as quick as possible, which unfortunately can result in unreasonable claim denials. Our disability lawyers have handled numerous claims against Sun Life and we encourage you to contact us to discuss your disability claim. Our website is visited by thousands every month and we invite you to share the experiences at: www.diattorney.com For additional information about Sun Life and long term disability claims please visit our website at www.diattorney.com
Jessia Bonsignore













