Gretchen Morgenson Reports on PHL’s Failure
On May 20, 2026, reporting for NBC News, Gretchen Morgenson’s article entitled “She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.” dives into the impact of the rehabilitation and looming liquidation on PHL policyholders like Annie Benjamin, who put her retirement savings into a PHL annuity ten years ago. […]
