Category: Insurance Fraud

ATTORNEY NEWSLETTER Financial Elder Abuse Protections Expanding Cases Against Insurance Companies and Agents Grow Over the past few years, financial elder abuse cases and protections have steadily expanded, particularly in California. Financial elder abuse attorneys at Evans Law Firm have been in the forefront of this expansion in both the […]

ATTORNEY NEWSLETTER Life Insurance Salesmen Convicted on Felony Charges for Fraud The Case of Life Insurance Fraud Earlier this year, two life insurance salesmen were arrested in California and charged with multiple charges, including identify theft, insurance fraud, and forgery. It is alleged that two agents both in their thirties, […]

ATTORNEY NEWSLETTER What Duty Does An Agent Owe You? Putting You First We at Evans Law Firm have for years litigated the question of an insurance agent’s duty to his clients, particularly when it comes to life insurance and/or annuities. We have written on the subject in this column. As […]

ATTORNEY NEWSLETTER The Perils of Whole Life Policies Whole Life Policies Whole life insurance policies are often unsuitable for the individuals who are pushed into buying them. In an ideal world, whole life policies were created to maximize the prospect of high interest rates and increasing stock prices which, again […]

401K Versus Annuities: Where Should My Money Go? Beware: annuities are not investment; they are really just a variant on life insurance. We at Evans Law Firm see a trend developing, in which more often than not, clients are sold annuities under the pretense that annuities are great investments. In […]

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, […]