Deferred annuity insurance policies often target senior citizens for their sale. Companies, such as Principal Life Insurance Company, offer deferred annuities that give the individual peace of mind that they have invested a...
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Aviva Life and Annuity Company Deferred Annuities
September 25, 2013
Deferred annuities can seem like the best option available to retired senior citizens, or people who are about to retire, elder financial fraud attorneys in California note. But these consumers should be wary of these life...
Midland National Life Insurance Company Was Accused of Selling Deferred Annuities to Senior Citizens
September 23, 2013
ATTORNEY NEWSLETTER In a 2007 lawsuit filed by an attorney general, Midland National Life Insurance Company was accused of selling deferred annuities to senior citizens. It is alleged that Midland National Life Insurance...
Massachusetts Mutual Life Insurance Company Deferred Annuities-Update on Prior Lawsuits
September 20, 2013
ATTORNEY NEWSLETTER A class action lawsuit was filed against Massachusetts Mutual Life Insurance Company in 2004 alleging that the company engaged in deceptive sales practices with respect to the sale of deferred annuities. ...
Pacific Life Insurance Company Hit With Class Action Lawsuit Over Deferred Annuities Sales-Update on Prior Lawsuits
September 20, 2013
ATTORNEY NEWSLETTER Pacific Life Insurance Company was the target of a class action lawsuit related to sales of deferred annuities. The 2005 lawsuit alleged that Pacific Life Insurance Company and its salespeople committed...