Insurance changes affect seniors
The first relates to the way companies sometimes hold, rather than pay out, life insurance proceeds after an insured person dies. The second relates to a precedent-setting lawsuit against an insurance agent who sold an annuity to a senior with dementia
John Hancock Closed-End Funds Declare Monthly Distributions
BOSTON, May 1, 2012 /PRNewswire/ -- The five John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: May 1, 2012 Ex Date: ...
John Hancock Hedged Equity & Income Fund Announces Conference Call On Monday, April 30, 2012, At 4 PM ET
BOSTON, April 23, 2012 /PRNewswire/ -- John Hancock Hedged Equity & Income Fund (NYSE: HEQ - News), a closed-end fund managed by John Hancock Advisers, LLC and subadvised by Wellington Management Company, LLP, announced ...
Metlife, states 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.
Szaferman Lakind Secures Decision on Behalf of ERISA Participants
LAWRENCEVILLE, N.J., April 24, 2012 /PRNewswire/ -- Robert L. Lakind and Arnold C. Lakind of the law firm of Szaferman, Lakind, Blumstein & Blader, P.C., recently represented plaintiffs, participants in ...