News Category: 2007 News

Interviews show that only a minority inherited their wealth or made it in the stock market. Most said they simply had a dream and were willing to take risks in pursuing it. The old saying is true: The rich are different. But not only do their values and habits set them apart from the hoi […]

Yahoo.com Feature Story SmartMoney.com The Old Saying is true: The rich are different. But not only do their values and habits set them apart from the hoi polloi, they’re different from their wealthy predecessors of a generation ago. For those interested in joining their ranks, it helps to understand why. To enter the nation’s top […]

As Baby Boomers watch their aging parents grow frail, long-term care and its escalating costs are of increasing concern to mature workers. With 2007 nursing-home care averaging $75,000 annually, according to a Genworth Financial survey and assisted-living and home-care costs rising, forward-looking Boomers are considering the purchase of insurance to help cover these expenses. Some […]

“When you come from nothing, fear is not an option, because what can they take from you?” That powerful sentence has become the mantra of one of America’s top plaintiff’s attorneys, voice for the disabled and senior-citizen community Frank Darras. Coming from a simple and modest background, the down-to-earth Darras has built his tremendous law […]

OLDWICK, N.J. — U.S. long-term-care insurers are being hit by lawsuits filed by elderly policyholders contending their valid claims are being denied and that they are getting hammered with hefty premium increases. On the regulatory front, a committee of the National Association of Insurance Commissioners will meet to determine whether these products are properly being […]

Whether you work for yourself or someone else, you probably can’t afford to do without income if a serious illness or accident strikes. There are some important steps you should take to ensure your salary and savings will be protected if you’re on your back. Step 1: ID your income. Know your needs. While you’re […]

Will your employer-sponsored or individual disability insurance do the job? MarketWatch SAN FRANCISCO — As a financial planner, Valerie Greene knew that disability insurance was an essential part of a worker’s portfolio, so she bought a policy for herself at the age of 30. A year later, despite being a nonsmoking, regular gym-goer with no […]

www.lawcrossing.com Virginia Violette has been a paralegal for almost 29 years, and she has been a paralegal for Frank Darras, famed plaintiff’s attorney, for nearly 18 of those years. During her time working for Darras, she has gotten to try her hand at just about every aspect of the paralegal profession, from communicating with defense […]

Industry experts speak to agents on avoiding the LTCI claims trap, contending with negative media attention When the New York Times published its March 26 story about claim denials and customer service frustrations with long term care insurance, the negative tone fell on producers, clients, and insurance companies alike. After reviewing more than 400 grievances […]