American Equity Investment Holding Company was one of the first life insurance companies to announce a charge to cover assessments stemming from the Executive Life Insurance Company of New York (ELNY) liquidation. The American Equity press release indicated that its second quarter financial results would include a pretax charge of up to $8.5 million. American Equity Investment Holding Company is the parent company of the New York domiciled American Equity Investment Life Insurance Company of New York, rated A- by A.M. Best. As reported in Life Health Pro on July 5, 2013, “Other life insurers cannot be far behind with their news”.
https://secureservercdn.net/22.214.171.124/umw.66a.myftpupload.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpg 0 0 ginny https://secureservercdn.net/126.96.36.199/umw.66a.myftpupload.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpg ginny2013-07-08 15:41:062013-07-08 15:46:04Life Insurers Begin to Announce ELNY Assessments