Author Archives: raa-admin

Another Sensationalist Bloomberg Headline on Retained Asset Accounts

Posted on September 14, 2010 by raa-admin

Bloomberg reporter David Evans’ initial article on Retained Asset Accounts appeared in late July, under a sensationalist headline implying that Prudential Insurance Company, which has been operating the Servicemen’s Group Life Program under contract with the Defense Department for many … Continue reading →

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Inventor of Retained Asset Accounts proposes a “Bill of Rights” for Retained Asset Accountholders

Posted on September 9, 2010 by raa-admin

SAUSALITO, Calif.–(BUSINESS WIRE)–The inventor of the Retained Asset Accounts, now used by over 120 life insurance companies to pay life insurance benefits by sending “a checkbook instead of a check,” today proposed a “Bill of Rights for Retained Asset Accountholders.” … Continue reading →

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Huff Post Blogger Says RAA Grossly Over-Hyped Non-Story

Posted on September 1, 2010 by raa-admin

In response to comments posted on August 31, 2010 by Huffington Post blogger Charles H. Green referring to the Retained Asset Account controversy as a “grossly over-hyped non-story,” Advocate Law Group attorney Gerry Goldsholle posted this on September 1, 2010 … Continue reading →

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New Retained Asset Account Litigation in Massachusetts

Posted on September 1, 2010 by raa-admin

The Huffington Post on August 30, 2010 published a new story about case filed in Federal Court in Massachusetts in July. The story says the litigation has now added 5 more claimants and is seeking class action status on behalf of … Continue reading →

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