Suits hit Mutual Benefit and three rating agencies. (Mutual Benefit Life,...

National Underwriter Property & Casualty-Risk & Benefits Management;  August 12, 1991 ;     401 words ...Suits Hit Mutual Benefit And Three Rating Agencies Lawsuits...filed against Mutual Benefit Life's officers...as well as rating agencies and the insurer...directors and the rating agencies, Mr. Goodman...representation that Mutual Benefit was a ...

Suits hit Mutual Benefit and three rating agencies. (A.M. Best, Moody's...

National Underwriter Life & Health-Financial Services Edition;  August 5, 1991 ;     590 words ...Suits Hit Mutual Benefit And Three Rating Agencies Lawsuits...filed against Mutual Benefit Life's officers...as well as rating agencies and the insurer...stability of Mutual Benefit by both the...directors and the rating agencies, Mr. Goodman...

The power of the rating agencies. (Editorial Comment) (editorial)

National Underwriter Life & Health-Financial Services Edition;  August 12, 1991 ;     658 words ......Power Of The Rating Agencies Coming only days...department seized Mutual Benefit Life, the downgrading...a reprise of Mutual Benefit - whose unraveling...business: the rating agencies who call the...so soon after Mutual Benefit, made it seem...companies. ...

Rehabilitated: insurance. (Mutual Benefit Life Insurance Co)

The Economist (US);  September 20, 1997 ;     667 words ......This week the old Mutual Benefit Life Insurance...the fact that Mutual Benefit survived at all...regulators or rating agencies, the company had...questions about Mutual Benefit first surfaced...after seizing Mutual Benefit it brought in...Executive Life ...

Hands off the rating agencies.(Editorial)

National Underwriter Property & Casualty-Risk & Benefits Management;  February 24, 1997 ;     691 words ......regulators and rating agencies. Rating agencies have generally been supportive...fact is that regulators and rating agencies have valuable--but very different...regulatory oversight of the rating agencies in part because of concern about...addition, there is concern ...

Met offers to buy Mutual Benefit. (Metropolitan Life Ins. Co.; Mutual...

National Underwriter Life & Health-Financial Services Edition;  August 12, 1991 ;     700+ words ...Met Offers To Manage Mutual Benefit Under a proposal submitted to...Prudential, Met has offered to manage Mutual Benefit while a long-term plan is worked...approximately 20 formal objections to Mutual Benefit's plan to sell its group life...

MANY FAULT SETTLEMENT IN MUTUAL BENEFIT SUIT

The Record (Bergen County, NJ);  July 11, 1999 ;     700+ words ......07-11-1999 MANY FAULT SETTLEMENT IN MUTUAL BENEFIT SUIT -- OFFICERS, DIRECTORS WON'T PAY...losses that led to the collapse of the Mutual Benefit Life Insurance Co. Outside directors...Leon Hess, were accused of negligence. Mutual Benefit executives faced sterner charges, including...

MUTUAL BENEFIT LAYING OFF 430 IN N.J.

The Record (Bergen County, NJ);  July 9, 1991 ;     700+ words ......Bergen County, NJ) 07-09-1991 MUTUAL BENEFIT LAYING OFF 430 IN N.J. -- NEWARK...Star P, Two Star, One Star The Mutual Benefit Life Insurance Co., searching...million a year, beginning in 1992, Mutual Benefit said in a statement. "These cutbacks...environment," said Henry E. Kates, ...

Hands off the rating agencies. (state regulators should not interfere with...

National Underwriter Life & Health-Financial Services Edition;  February 24, 1997 ;     655 words ......understanding between regulators and rating agencies. Rating agencies have generally been supportive...fact is that regulators and rating agencies have valuable--but very different...exerting regulator oversight of the rating agencies in part because of concern ...

MUTUAL BENEFIT TARGET OF SUIT

The Record (Bergen County, NJ);  July 30, 1991 ;     677 words ......businessman who sank $100,000 into a Mutual Benefit Life Insurance Co. policy has...damages that he -- and any other Mutual Benefit policyholders who bought policies...that had given top ratings to Mutual Benefit as recently as this month. Mutual Benefit was seized by ...

MUTUAL BENEFIT TO DELAY REHAB

The Record (Bergen County, NJ);  February 4, 1992 ;     700+ words ......Record (Bergen County, NJ) 02-04-1992 MUTUAL BENEFIT TO DELAY REHAB -- POLICIES WILL REMAIN...4 Star, 3 Star, 2 Star, 1 Star The Mutual Benefit Life Insurance Co. of Newark said Monday...been allowed access to their money. Mutual Benefit continues to pay death and disability...

Agents blame co. officials for run on Mutual Benefit.

National Underwriter Life & Health-Financial Services Edition;  July 29, 1991 ;     700+ words ...Agents Blame Co. Officials For Run On Mutual Benefit Agents of the Newark, N.J.-based Mutual Benefit Life Ins. Co. are laying the blame for...replacement activity. Norman Levine, probably Mutual Benefit's most well-known general agent and...

MUTUAL BENEFIT AGENTS LASH OUT AT METLIFE MEETING

The Record (Bergen County, NJ);  August 8, 1991 ;     700+ words ......Record (Bergen County, NJ) 08-08-1991 MUTUAL BENEFIT AGENTS LASH OUT AT METLIFE MEETING...Snoopy lapel pins. The state-controlled Mutual Benefit Life Insurance Co. brought together...competitor that has offered to help salvage Mutual Benefit. For MetLife, it should have been an...

MUTUAL BENEFIT CLOSING AGENCIES

The Record (Bergen County, NJ);  October 25, 1991 ;     416 words ......Record (Bergen County, NJ) 10-25-1991 MUTUAL BENEFIT CLOSING AGENCIES -- MOVE AIMED AT CUTTING...4 Star, 3 Star, 2 Star, 1 Star The Mutual Benefit Life Insurance Co., whose revenues...agencies, because they are operated by Mutual Benefit employees -- will be closed by Oct...

N.J. SEIZES MUTUAL BENEFIT

The Record (Bergen County, NJ);  July 17, 1991 ;     700+ words ......County, NJ) 07-17-1991 N.J. SEIZES MUTUAL BENEFIT -- CHIEF IS OUT, CARETAKER NAMED By...regulators took control Tuesday of Mutual Benefit Life Insurance Co. of Newark under...comment Tuesday. Under Levy's order, Mutual Benefit would continue to pay death benefits...