Evans Says Government to Probe Soldiers' Death Benefits: Video
July 28 (Bloomberg) -- Bloomberg's David Evans talks about the U.S. Department of Veterans Affairs plans to conduct an investigation into a report that life insurance companies are putting veterans' death benefits in corporate accounts and keeping most of the investment profits instead of paying the survivors. The agency responded today to a report in Bloomberg Markets magazine on what has become a standard practice for life insurance policies issue by companies including Prudential Financial Inc. and MetLife Inc. Evans speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Bloomberg's David Evans talks about the U.S. Department of Veterans Affairs plans to conduct an investigation into a report that life insurance companies are putting veterans' death benefits in corporate accounts and keeping most of the investment profits instead of paying the survivors.
The agency responded today to a report in Bloomberg Markets magazine on what has become a standard practice for life insurance policies issue by companies including Prudential Financial Inc. and MetLife Inc. Evans speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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