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Alcoa Corp Faces Lawsuit Over PRT Deal with Athene

This is the third case that law firm Schlichter Bogard LLP has brought against a company following a pension risk transfer with Athene in the last few months.

United statesDistrict of columbiaJerome schlichterAlcoa corpT incAlcoa united states corpAthene annuity life coUs district courtReinsurance coVerizon communications incSchlichter bogardCounselors incPrudential insurance coLockheed martinAthene annuityPension plan

Schlichter explores pension risk transfer lawsuit against Alcoa

Weeks after the first pension risk transfer lawsuits were filed, one firm appears to be preparing one against Alcoa.

Michelle richter gordonRichter gordonSchlichter bogardThomas goberAnnuity research consultingDepartment of laborAthene annuity life coLockheed martinEmployee retirement income security act advisory committeeTop class actionsState street global advisorsAthene annuityState streetRetirement income security act advisory committeeFederal signal

AT&T dials up deal to transfer $8 1 billion in U S pension liabilities

AT&T Inc. announced an agreement with two Athene Holding subsidiaries to transfer $8.1 billion in U.S. pension plan liabilities.

United statesNew yorkAthene annuity life coAthene holdingAthene annuity life assurance coT incAthene annuityLife assurance

New York state slaps $3 million fine on Pacific Life

Pacific Life Insurance will pay $3 million to New York state for violations tied to its pension risk transfer business.

New yorkUnited statesAmerican international groupPacific life insurance coAthene annuity life coAthene holding ltdLife insurance coYork state department of financial servicesPacific life annuity coPacific life insuranceNew york state departmentFinancial servicesPacific lifeNew york basedAthene annuityJesse page

Pacific Life Fined for Unlicensed PRT Business

A penalty was assessed after a New York State Department of Financial Services investigation uncovered violations of state insurance law.

New yorkUnited statesAdrienne harrisPacific life insurance coAthene annuity life coAthene holding ltdLife insurance coYork state department of financial servicesPacific life annuity coNew york state departmentFinancial servicesPacific life insuranceActing new york stateNew yorkersNew york basedAthene holding

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