Justice Dept. launches annuities investigation.: An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on February 27, 1995. The length of the article is 691 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The US Dept of Justice's Antitrust Div is investigating the insurance industry for possible violations of federal antitrust laws in the industry's lobbying of state governments against the bank marketing of annuities. A preliminary investigation by the Antitrust Div indicates that insurance companies violated federal antitrust laws by acting together to oppose the bank marketing of retirement certificates of deposit that the insurance industry considers to be annuities. The lobbying activities allegedly were not intended as serious legislative efforts but as efforts intended to harass the banking industry.

Citation Details
Title: Justice Dept. launches annuities investigation.
Author: Steven Brostoff
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: February 27, 1995
Publisher: The National Underwriter Company
Issue: n9 Page: p41(1)

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