Terence E. Smolev and Mary E. Mongioi of Forchelli, Curto, Deegan, Schwartz, Mineo, Cohn & Terrana write that in recent years, the insurance industry has seen the growth of a new "stranger oriented" use of life insurance policies. This has caused a complete review of the life insurance industry by regulators, insurance carriers, life insurance agents and customers of those agents.
January 31, 2011 at 12:00 AM
1 minute read
From 1957 to December 1963, ABC broadcast the show “Who Do You Trust?” The host was a young, new to television, Johnny Carson.
In an ironic twist, for a good part of that time, the show’s young announcer was Ed McMahon, who years later would become a sales and spokesperson for many life insurance companies, companies that are directly affected by the holding of the New York Court of Appeals in the recently decided Kramer v. Phoenix Life Insurance Co.1
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