Life Insurance

(credit: CBS)

Superintendent Earns $1M Insurance Policy On School District’s Tab In Addition To Inflated Salary

A local school district is facing scrutiny once more after the board had paid for a whole-life insurance policy on its now-suspended superintendent, whose lavish salary was already inflated.


(credit: Mario Tama/Getty Images News)

MetLife To Pay $500M For Allegedly Withholding Life Insurance Benefits

MetLife Inc. has agreed to pay nearly $500 million in a 20-state settlement over allegations it didn’t pay life insurance benefits to some of its policyholders.



Woman, 60, Convicted Of Murdering Cancer-Stricken Husband For His Life Insurance

A 60-year-old woman was convicted of first-degree murder and conspiracy Wednesday for murdering her husband for his life insurance policy and retirement funds.


(credit: CBS)

OC Man, His Wife Arrested For Allegedly Faking His Death For Money

Authorities say a man and his wife have been arrested on suspicion of faking his death in 2004 so their family could receive life insurance and other death benefits.

CBS2 / KCAL9–08/01/2011

(Credit: CBS)

Judge Bars Life Insurer From Boosting Rates

A federal judge in Los Angeles has prohibited an Indiana-based insurer from tripling life insurance rates for more than 50,000 mostly elderly policyholders.