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In the News Press Release

National Underwriter Quotes Sam Caligiuri on 10th Circuit Ruling

Publisher: National Underwriter
August 26, 2011

Sam Caligiuri was quoted in a website story of National Underwriter Life & Health discussing a federal appellate court ruling, which said the FDIC was correct to classify accounts held by Aviva USA in a failed Kansas bank as corporate rather than annuity contracts accounts. The decision limits the amount for which Aviva and one other insurance company are insured. Sam said the ruling underscores the importance of insurers being "exceedingly careful" in how they identify insurance company separate accounts.

For the full article, please click here.

A longer version of the story, which appeared in the National Underwriter Life & Health magazine, can be viewed here.


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