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SC executes GA man for killing wife, son to collect


SC executes GA man for killing wife, son to collect over $500K in life insurance money (KFSM Ft. Smith-Fayetteville)
COLUMBIA, S.C. (AP) A Georgia man convicted of killing his wife and son to collect life insurance money has been executed in South Carolina .

Watch fine print in exchanging life policies (The Cincinnati Enquirer)
Time was in days of old an insurance agent would jeopardize his license to offer insurance products if he recommended replacing a life-insurance policy. It was generally thought of as unethical.

A.M. Best Withdraws Ratings of American Reserve Life Insurance Company Due to Legal Entity Merger (Business Wire via Yahoo! Finance)
OLDWICK, N.J.----A.M. Best Co. has withdrawn the financial strength rating of B and issuer credit rating of "bb" of American Reserve Life Insurance Company . Concurrently, A.M. Best has assigned a category NR-5 to the FSR and an "nr" to the ICR as a result of the merger with an affiliate company.

New York Life Insurance names Mathas as chairman (AP via Yahoo! Finance)
New York Life Insurance Co. said Thursday it promoted President and Chief Executive Ted Mathas to the additional role of chairman, effective June 1.

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