How can an insurance company be in rehabilitation for 21 years?
for a Twitter chat about the epic mismanagement of Executive Life of New York, a solvent company that was taken into receivership by the state of New York in order to protect it from being raided by its failing parent company, Executive Life of California. ELNY became the responsibility of the New York Liquidation Bureau, and was subsequently mismanaged — and, some would say, plundered — to the point of insolvency. Brush up on the complete saga here
Let’s discuss why the ELNY story is significant and what it could mean for industry professionals.
December 5th, 2012
3:00 - 4:00 p.m. EST
Questions on the Twitter chat agenda:
- Why does ELNY still matter after so much time?
- What does ELNY mean to the rest of the insurance industry?
- What does ELNY mean to insurance consumers?
- Is there anything that can be done to help the shortfall payees?
- Who is to blame here?
- Is the New York Liquidation Bureau as corrupt as your article suggests?
- What is the likelihood of another botched rehabilitation like this happening?
Co-hosts of this event include:
Attorney at Law
Life and Health Group Editor in Chief, LifeHealthPro.com
Regulatory & Compliance News Editor, LifeHealthPro.com
Life Insurance News Editor, LifeHealthPro.com
*At the end of the Twitter chat, attorney Edward Stone will be disclosing a special announcement. Tune in!
Feel free to contact us with topics and questions you'd like to see addressed, and then follow along and chime in during the live Twitter chat event!
Not sure how? Read this: Twitter chat: how to participate and why you should