Monday, August 9, 2010

Be assured: there’s no scheme too low for corporate insurance companies - or making a profit on soldiers' death benefits

Image: U.S. Tombstones at Arlington National CemeteryWhy are large life insurance companies profiting from billions of dollars they hold on behalf of the families of fallen military service members?

“Now, Shinseki and other Cabinet members have joined a growing number of lawmakers calling for an overhaul of insurer practices. Representative Debbie Halvorson (D-Ill.), has proposed a measure to set new rules for insurance companies that profit from accounts held for dead soldiers and veterans.”

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