Structured Settlements 4Real®Blog 2026
Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
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Category: New York Liquidation Bureau
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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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What a macabre sense of irony! “Claimants, policyholders,.interested parties in the affairs of Executive Life Insurance Co of NY “(ELNY”), or their counsel have been invited “to.show cause” before Supreme Court Nassau County to discuss the “death” of ELNY on “The Ides of March”?
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Bickford lamented that once an insurer is placed into liquidation or rehabilitation in NY, the Superintendent has not been compelled to file the same financial statements or actuarial certifications as are required by solvent companies subject to his regulatory jurisdiction
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The commentary is particularly critical of the New York Liquidation Bureau handling the Rehabilitation of the estate of Frontier Insurance Company and is very good read, particularly in light of the impending liquidation of Executive Life Insurance Company of New York
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Since when do you believe everything a politician says, especially when the statements are made on the campaign trail? In a recent blog post Patrick Hindert reasons that 3 year old campaign rhetoric of New York Liquidation Bureau appointee Jonathan Bing is something we can hang our hat on when it comes to the fate…
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Executive Life of New York news junkies may be interested in two curmudgeonly blog entries about ELNY by Peter Bickford from December 2007. His contemporaneous commentary provides an interesting perspective as to where the fault lies with ELNY.
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Lifetime annuities and longevity insurance carry unique investment challenges for life insurers because they may guarantee payments beyond the term of standard investments.
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ELNY is Executive Life Insurance Company of New York, an insurance company that is in the throes of a liquidation hearing. ELNY was placed in rehabilitation in April 1991 after getting inebriated on junk bonds in the 1980s.