Executive Life Insurance News

Comcast Settles Over Late Founder’s Insurance

Comcast Corp. paid $490 million this year to unwind obligations under life insurance policies tied to late founder Ralph Roberts and his wife Suzanne, a remnant of an era when generous executive perks received less investor scrutiny. The payments, some …

Executive Life Liquidation Plan Gets N.Y. Court’s OK

A New York judge on Monday approved a plan to liquidate the long-insolvent Executive Life Insurance Co of New York and pay out most of the money owed to beneficiaries under the company’s life insurance policies. The plan proposed by …