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Dix Hills man gets 9 years in prison in life


Dix Hills man gets 9 years in prison in life insurance scam (Newsday)
The second time was not the charm Wednesday for a Dix Hills man who collected $6 million in life insurance by falsely claiming his brother died in an automobile accident in Pakistan, according to federal prosecutors.

Protective Life Insurance Company Renews Qualification in IMSA, Ethical Standards Organization (Marketwire via Yahoo! Finance)
Protective Life Insurance Company has qualified to renew its membership in the Insurance Marketplace Standards Association, the premier standards-setting organization for the life insurance marketplace.

Generali Profit Falls on Writedowns, Life Insurance (Update2) (Bloomberg)
Oct. 30 (Bloomberg) -- Assicurazioni Generali SpA , Europe's third-biggest insurer, said third-quarter profit fell 64 percent, missing analysts' estimates, on writedowns linked to the global financial crisis and lower income from its life business.


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