life insurance

Life insurance companies would have to give notice before canceling a policy for nonpayment under bipartisan legislation sponsored by Assembly Republican Leader Jon Bramnick. The bill was approved this morning by the Assembly Financial Institutions and Insurance Committee.

There could be a pile of money somewhere with your name on it.

AIG will pay more than $300 million to settle dispute with states over life-insurance payments that go unclaimed, according to California's finance office.