by John Darer® CLU ChFC MSSC RSP CLTC
Shawn McCoy of InsideSources directs a fresh attack on New York's past and present administration and New York regulatory agencies for the ultimate demise of Executive Life Insurance Company of New York and the resulting shortfalls to structured settlement payees following the liquidation of ELNY in August 2013.
Among the allegations in the article was that as much as 40% of ELNY's assets were invested in stocks when the New York Liquidation Bureau was working with Credit Suisse, which is more than double what most insurance companies were permitted.
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