“Frank Whitbeck, 61, the owner of the failed Signature Life Insurance Co. of Little Rock, Ark., entered a guilty plea to one count of mail fraud and was sentenced to six years in prison. He also was ordered to pay $3.8 million restitution and fined $12,000 He also faces three years’ supervision after completing his [...]
Filed under: Insurance News, Insurance Scam Watch, Life Insurance, What? | Tagged: prison, mail fraud, over-payment, restitution, insurance scandal | Leave a Comment »
A ULIP is a Unit Linked Insurance Plan (ULIP). It provides for life insurance where the policy value at any time varies according to the value of the underlying assets at the time. ULIP is life insurance solution that provides for the benefits of protection and flexibility in investment. The investment is denoted as units [...]
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And it’s not just workers’ comp or general liability carriers that have to cope with animal-related claims. Auto insurers should also be on the alert.
From Insurancenews.net:
It’s not just workers’ comp or general liability carriers that have to cope with animal-related claims. Auto insurers should also be on the alert.
As one lady said:
“As an [...]
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