Transamerica Settles Cost of Insurance Increase Litigation

By |2018-10-08T18:44:33+00:00October 8th, 2018|Categories: BLOG, Uncategorized|Tags: , , |

In 2015 we reported on a Transamerica cost of insurance (COI) increase on a block of universal life policies and illustrated the 40% increase in COI on one policy affected raised the annual carrying costs to maturity for that policy from $36,400 to $81,595.  That cost increase led to three separate class action lawsuits that were [...]

Directed TOLI Trusts – the Good, the Bad and the Best Solution

By |2018-09-26T13:31:13+00:00October 1st, 2018|Categories: BLOG, Uncategorized|Tags: |

Directed TOLI Trusts – the Good, the Bad and the Best Solution After over a decade in the TOLI (trust-owned life insurance) business, we are aware of trends that come and go. One trend we are seeing more and more lately is the use of directed TOLI trusts. Directed trusts divide the responsibilities of the trust [...]

California Issues Regulations Concerning Cost of Insurance Increases on Life Insurance

By |2018-09-26T13:28:40+00:00September 26th, 2018|Categories: BLOG, Uncategorized|Tags: |

California Issues Regulations Concerning Cost of Insurance Increases on Life Insurance Almost exactly a year ago, we wrote about a new regulation implemented by the New York State Department of Financial Services to “govern life insurance company practices related to increases in the premiums” of life insurance and annuity policies. That regulation required carriers raising rates [...]

What A TOLI Trustee Can Learn from Existing Court Cases – Part 1*

By |2018-09-11T18:20:41+00:00September 5th, 2018|Categories: BLOG, Uncategorized|Tags: |

The majority of trust owned life insurance (TOLI) settlements do not come after a court case, they are paid out behind closed doors to avoid publicity.  But the cases that wind their way to court guide the TOLI trustee hoping to avoid liability.  In this two-part series we will review several cases and outline the key [...]

The Top Five Mistakes Trust Owned Life Insurance (TOLI) Trustees Make

By |2018-09-11T18:20:41+00:00August 30th, 2018|Categories: BLOG, Uncategorized|Tags: |

Just over a decade ago, we began managing life insurance policies for TOLI trustees.  In that time, we have grown from a handful of dedicated team members to the largest life insurance policy management firm in the country with 175 employees and hundreds of clients.  It is no wonder the growth has occurred.  Life insurance is [...]

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This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.