Representation of NOLHGA
Jan 01, 2015OUTCOME:
When Lincoln Memorial Life Insurance Company, Memorial Service Life Insurance Company, and National Prearranged Services, Inc. went into liquidation, life and health insurance guaranty associations fro ... m 44 states stepped in to pay death benefits under insurance policies issued by the failed companies. These life insurance policies purportedly backed the prepaid funeral contracts sold through National Prearranged Services. Reilly Pozner represents the National Organization of Life and Health Insurance Guaranty Associations, various state life and health insurance guaranty associations, and a Texas Special Deputy Receiver in a multi-state effort to recover more than $600 million in losses from various individuals and entities that allegedly perpetrated a variety of frauds associated with the failed companies.
