Tag: million

Tycoon Got $201 Million In Life Insurance. What Do You Need?

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Tycoon Got $ 201 Million In Life Insurance. What Do You Need?News from DailyFinance: Alamy Life insurance plays a valuable role in helping protect families from the financial impacts of an unexpected tragedy. For one billionaire, that was so attractive that it led to the biggest life insurance policy ever written. According to a CNBC [...]

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Silicon Valley-based billionaire sets Guinness record with $201 million life …

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Silicon Valley-based billionaire sets Guinness record with $ 201 million life …News from New York Daily News: Tom Schmucker/Getty Images/iStockphoto The identity of the billionaire with the richest life insurance policy is being kept secret. And the award for happiest mourners goes to … A well-known Silicon Valley-based billionaire has set a Guinness World Record [...]

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Silicon Valley billionaire sets record with $201 million life insurance policy …

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Silicon Valley billionaire sets record with $ 201 million life insurance policy …News from San Jose Mercury News: Is it Larry Ellison? Elon Musk? Zuck? Somewhere in Silicon Valley, a “mystery billionaire” has bought what the Guinness Book of World Records says is the most valuable life insurance policy in history: A pact that will [...]

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Kanye West Gets $10 Million Life Insurance Policy To Make Kris Jenner Kuiet!

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Kanye West Gets $ 10 Million Life Insurance Policy To Make Kris Jenner Kuiet!News from PerezHilton.com: 1/09/2013 7:55 PM ET | Filed under: Kanye West • Kim Kardashian Kanye West and Kim Kardashian aren’t even kinda married — but that’s not stopping Kris Jenner from playing the part of naggy mother-in-law! An insider with Kimmmy’s [...]

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Guest Opinion: Susan Waters ‘Tax reform could impact 7 million life insurance …

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Guest Opinion: Susan Waters ‘Tax reform could impact 7 million life insurance …News from The News-Press: Reset your password Enter your email and we will send you a link to reset your password. Email Reset my password Cancel OK Resend Email You must have browser cookies enabled to view our site. It’s possible that your [...]

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AIG Settles Life Insurance Dispute, To Pay $300 Million

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AIG Settles Life Insurance Dispute, To Pay $ 300 MillionNews from Huffington Post: NEW YORK — American International Group will pay more than $ 300 million to settle dispute with states over [...]

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Insurance Agents in New York and Florida Charged in $100 Million Fraud

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Insurance Agents in New York and Florida Charged in $ 100 Million FraudNews from Bloomberg: Three insurance agents based in New York and Florida were charged with using straw buyers to obtain more than $ 100 million in life insurance policies they resold to third-party investors. Michael Binday, 48, of New York; James Kevin Kergil, [...]

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Jersey City man pleads guilty in $33 million life insurance scheme

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Jersey City man pleads guilty in $ 33 million life insurance schemeNews from NJ.com: A Jersey City man who was a New York City insurance producer pleaded guilty Monday to defrauding three insurance companies in a $ 33 million life insurance policy scheme, officials said. Pape Michael Seck, 41, pleaded guilty to insurance fraud and [...]

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$4.5 million life-insurance battle following woman’s murder takes a new twist

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$ 4.5 million life-insurance battle following woman’s murder takes a new twistNews from Tucson Citizen: Since Phyllis Mizioch was murdered last summer, her survivors have been fighting in federal court over who should get the $ 4.5 million life-insurance payout. Peter J. Mizioch, the widower and named beneficiary on two insurance policies, claims he is [...]

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Walmart pays $2 million to settle life insurance lawsuit

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Walmart pays $ 2 million to settle life insurance lawsuit News from Tbo.com:TAMPA – Walmart has agreed to pay more than $ 2 million to settle a class-action lawsuit that alleges the retail giant secretly took out life insurance policies on some of its Florida workers in the 1990s. After attorneys fees and other costs, [...]

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