ATTORNEY NEWSLETTER Deferred annuities are a financial product that delays payments of income until the investor elects to receive them. This type of annuity has two main phases, the savings phase in which you invest money into the account, and the income phase in which the plan is converted into […]

ATTORNEY NEWSLETTER California stockbroker fraud attorneys say that the United States government is considering a new rule change that would help prevent stockbroker fraud. The United States government is reportedly considering a rule that would require stockbrokers to put their clients’ interests above their own. This would prevent a stockbroker […]

ATTORNEY NEWSLETTER California life insurance and annuity fraud attorneys warn consumers that insurance policy illustrations may be misleading and create heightened expectations for unrealistic results. Illustrations can be a useful way to demonstrate and understand how a policy, such as an indexed universal life policy (IUL), may work. However, they […]

ATTORNEY NEWSLETTER Three former managers of the AIDS Healthcare Foundation have filed Federal, as well as Florida State, whistleblower claims under the federal False Claims Act and Florida False Claims Act. The AIDS Healthcare Foundation, the nation’s largest supplier of HIV/AIDS medical care, is charged with defrauding Federal healthcare programs […]

ATTORNEY NEWSLETTER All consumers that have property and casualty insurance should be careful to read the fine print on their policies, and take care in choosing an insurance provider. The amount of coverage you should consider should be based on the replacement cost value of your property, and it is […]

ATTORNEY NEWSLETTER San Francisco nursing home abuse attorneys say that quality of care at nursing homes is suffering, as homes are competing with one another to receive Medicare funds. This competition leads nursing homes to invest in amenities to attract patients needing short-term rehab after a hospitalization for an injury […]

ATTORNEY NEWSLETTER The insurance commissioners association has been working on new rules to limit captive reinsurance, and formed a new working group to study why captive reinsurance has now spilled over from life insurance into annuities. The group is led by Nick Gerhart, Iowa’s insurance commissioner. A recent New York […]

ATTORNEY NEWSLETTER Aviva Life and Annuity filed its third lawsuit against a group of Dewey & LeBouef LLP executives on Friday in Iowa Federal Court. Aviva Life and Annuity alleges that they were misled about the firm’s finances when they purchased $35 million in secured notes. Aviva Life and Annuity […]

ATTORNEY NEWSLETTER California elder abuse attorneys commend the White House Council on Aging for their recent initiatives to address elder abuse. The council is currently hosting regional forums in advance of their once-a-decade national forum. There are four points of emphasis that the regional forums, which are co-sponsored by AARP […]

ATTORNEY NEWSLETTER California financial elder abuse attorneys want to pass along tips to combat and prevent elder abuse from The Elder Justice Roadmap, a report recently released by the U.S. Department of Justice and the Department of Health and Human Services. According to the report, only one in 24 cases […]