Libel 1978 0406 – NYT – $1.9 Million Payment Ordered in Libel Case, Sierra Life Insurance Co. – [link] A judge has ordered The Twin Falls Times News to pay $1.9 million in libel damages after it refused to disclose its sources for articles that an insurance company said ruined its business.

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Legal Cases – Snippets – Other In 1940, this Court implicitly accepted this reasoning in Holloman v. Life Insurance Company of Virginia, 192 S.C. 454, 459 7 S.E.2d 169, 171 (1940) ⇒  (“We do not consider the law a closed system, but on the contrary it is our view that its concepts should expand to…

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65 or older 2022 0304 (Date Filed) – LC – Williams v. National Western Life Insurance – Opinion on Transfer, Appeals Court – 52p (p7) – 5 Section 785, subdivision (a) provides: “All insurers, brokers, agents, and others engaged in the transaction of insurance owe a prospective insured who is 65 years of age or older, a…

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Elder Abuse ‘living trust mills’ 4 A “ ‘living trust mill’ ” involves “salespeople, posing as experts in estate planning, ngage[ing] in the unlawful practice of law, advis[ing] senior citizens to establish a living trust, and to invest in . . . annuities.” (People ex rel. Lockyer v. Fremont General Corp. (2001) 89 Cal.App.4th 1260,…

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Elder Law 2021 1129 – Bloomberg – ‘Pension Poachers’ Are Targeting America’s Elderly Veterans, By Nick Leiber – [link] Larry Eber’s life was derailed when middlemen pledged to help him get supplemental benefits. Similar tales of alleged manipulation are playing out for thousands of former service members and their families. “Pension poaching” Chantelle Smith, an…

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PIABA – Public Investors Advocate Bar Association piaba.org/ Joseph C. Peiffer, President, Public Investors Advocate Bar Association – LC – Williams v. National Western Life Insurance Company – [BonkNote] 2024 0215 – GOV (House) – Protecting American Savers and Retirees from DOL’s Regulatory Overreach, Bob Good (R-VA) [PDF-, VIDEO-YouTube-02:06:21] edworkforce.house.gov/calendar/eventsingle.aspx?EventID=410108 PIABA – Joseph C. Peiffer, President, Public Investors Advocate Bar…

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Lawyers – Snippets Now as usual, things that are prohibited can nonethelessbe done if you do them right. The way to do it is either comply with an exemptive rule or get an exemptive order.  —  W. Randolph Thompson, with the law firm of Jones & Blouchin Washington, will speak on some SEC issues 1993 -…

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2604 – New York Law – False Statements as to Insurers 2009 0517 – Insider – Was AIG Cooked Long Before Joe Cassano?, by Joe Weisenthal – [link] … slowly hints at the idea that Cassano is really a fall guy. In 2001, when independent analysts working for The Economist magazine questioned the company’s rich valuation, they…

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NCLC – National Consumer Law Center nclc.org/ 2018 03 – NCLC – Consumer Protection in the States: A 50-State Evaluation of Unfair and Deceptive Practices Laws, National Consumer Law Center – 76p II. How do the States Rate on the Scope of their UDAP Statutes? Coverage of Insurance … 20 VI. How do the states rate…

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