business

New Link – Ed Hinerman’s Life Insurance Blog

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I still believe that Suze Orman should go back to waitressing.

I don’t know Ed Hinerman personally but his quote above earns a link on the sidebar.

Addendum May 29

I can’t find the sidebar links either.   Technical issues, please stand by.

Addendum June 3

Ed called me today and we had a nice conversation.  For the record, we now know one another personally.

More Pink Slips at The Hartford

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At The Hartford, 200 Layoffs In ’09, And More To Come — Courant.com

“Congratulations on driving The Hartford into the ground,” Justin Winthrop, 88, of West Hartford, told Ayer. “You’ve destroyed the image, reputation and the name of The Hartford. When may we expect your resignation?”

The Hartford has received $3.4 billion in TARP funds.  But even this amount of money won’t be enough to save jobs.

Looking For a Remote Underwriting Job? Good Luck.

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EconomPic: Can We Inflate Our Way out of this Mess?

Looking for a remote underwriting job?  Maybe you’re looking for any underwriting job.  If the answer is “yes” please read this article on EconomPic.  And if you’re a visual type, I’ve reproduced the graphics from the article.

Take Home Lesson – Plan B…now.  Time to create a new and different future.

Scary stuff

Scary stuff

Scarier stuff

Scarier stuff

The Morbid Niche

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Investors Find Morbid Niche In Surrendered Life Insurance – washingtonpost.com

Check out Lenaburg’s quote below.  This is kind of creepy and an angle I never thought of before.  I always wondered what the cartels did with all that clean cash.

David S. Lenaburg, chief executive of Rockville-based Banner Life Insurance, gave voice to the ultimate fear. Citing court records of a 2006 money-laundering case, Lenaburg wrote to a regulator that the seller of one policy “apparently ended up with a drug cartel owning a vested interest in his early demise.”