Todd Gindy, a certified financial planner, likes to tell a story about Johnny Carson to illustrate how nonprofits miss a big opportunity when they don’t suggest donors use life insurance policies as a vehicle for charitable giving. For years, the longtime host of “The Tonight Show” gave $1 million every year to Children of the Night, an organization founded by Dr. Lois Lee to rescue child victims of sex trafficking.
Ariel Sharon denied that his office sought Israeli settlers' agreement to dismantle some illegal West Bank outposts. The denial by Israel's prime minister came after a spokesman for a settlers' group said the group had rejected the offer.
New York state legislators are trying to prevent insurance companies from blacklisting travelers to Israel so that they cannot obtain life insurance coverage.
Sheldon Silver, speaker of the New York Assembly, and Assemblyman Peter Grannis unveiled a bill Jan. 15 that would bar state insurance firms from denying life insurance to anyone who has traveled to Israel.
In a precedent-setting decision, a Los Angeles judge ruled on Monday that European companies can be sued in California courts for nonpayment of life insurance policies stemming from the Holocaust era.