Category: Insurance Fraud

ATTORNEY NEWSLETTER California Insurance Code 1871.7 One of the primary aims of the California Insurance Code is to protect individuals from insurance fraud. As a part of that Code, the California Insurance Frauds Prevention Act (“IFPA”) allows anyone to file whistleblower lawsuits against any company engaging in insurance fraud. Indeed, […]

ATTORNEY NEWSLETTER J.P. Morgan is Exposed for IRS Fraud J.P. Morgan and the IRS After settling a lawsuit for over $300 million just about a year ago, J.P. Morgan is now potentially in some trouble with the IRS. A former employee and now whistleblower has just come forward to express […]

ATTORNEY NEWSLETTER Are Indexed Annuities Just Over-Our-Heads Difficult? Indexed Annuities Annuities are complex financial instruments. So-called indexed annuities are even more complicated. Yet, these investments are made quite often, which means people could be investing in a product they simply do not understand. And the stakes are incredibly high; often […]

ATTORNEY NEWSLETTER AXA is a major international insurance provider and financial company, offering products in a wide array of different areas. They sell travel insurance, life insurance, annuities and numerous other policies. These two products, annuities and life insurance, financial products that are sometimes considered almost indispensable in the modern […]

ATTORNEY NEWSLETTER Unclaimed Property in Life Insurance Policy Usually, insurers do not have to research whether the insured passed away and give the payment to the beneficiary. But in the case of annuities, insurance companies routinely check the social security death database, and when one of their annuitants has died, […]

ATTORNEY NEWSLETTER Allianz Life Insurance reports record profits in 2015 The Background The years since the Great Recession have been hard for a lot of people. Stagnant wages, lost jobs, and loss of benefits and insurance. People have had to cut unnecessary expenses out of their budgets and focus on […]

ATTORNEY NEWSLETTER Whole Life vs. Term Life Policies One major decision to make when you’re planning on buying life insurance is the decision to get whole or term life. The names are pretty self-explanatory: whole life covers you for your entire life, term life only does so for a pre-determined […]

ATTORNEY NEWSLETTER How to Prepare for Changing Rates Planning Ahead Many people see life insurance as a solid way of planning for the future. If you purchase a whole life insurance policy while you’re young, and start making payment early, you can keep your monthly payment down while accruing cash […]

ATTORNEY NEWSLETTER The Risky Business of Buying Insurance What is Long Term Care Insurance? Insurance is supposed to protect you from risk. By paying your premiums over the years, you ensure that when something bad finally does happen to you, you’ll have the funds necessary to assist you and remedy […]

ATTORNEY NEWSLETTER The Market and Your Life Insurance For most life insurance policyholders, there’s no particular reason to be concerned about what effect the market will have on your policy. Why should you? Life insurance is traditionally rock solid, and a temporary upset in the market has no bearing whatsoever […]