life insurance benefits News

Florida Podiatrist Using Wife’s Life Insurance to Pay for Murder Defense

A Florida podiatrist accused of killing his estranged wife is using part of her life insurance settlement to pay for his defense. The Tallahassee Democrat reports that 48-year-old Dr. Adam Frasch pleaded not guilty to first-degree murder in the death …

Florida Businessman Who Faked Death Arrested in North Carolina

A Florida businessman who authorities say faked his own death to dodge debts while reaping millions in life insurance benefits is sitting in a North Carolina jail after allegedly applying for a passport under another man’s name. Jose Salvador Lantigua …

European Insurance Industry Figures Find ‘Stability & Growth’ from 2003-2012

Despite the economic upheavals the European insurance industry has maintained a path of stability and growth, even through times of crisis, according to figures released by Insurance Europe, the European insurance and reinsurance federation. The figures, which included data collected …

Florida Regulators Seek to Distribute $25 Million in AIG Assets

Florida regulators are looking to return to residents some $25 million in unclaimed property that has been returned to the state as part of a settlement agreement with American International Group over life insurance benefits. In October, AIG agreed to …

Metlife, California Reach Settlement Near $500M

MetLife Inc. will pay nearly $500 million in a settlement involving more than 30 states that claimed it didn’t provide life insurance benefits to some of its policyholders, the company said Monday. The largest life insurer in the United States …