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Universal Life Resources Company

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November 19, 2004 | Marc Lifsher and Thomas S. Mulligan, Times Staff Writers
New York Atty. Gen. Eliot Spitzer's suit against San Diego insurance broker Universal Life Resources Inc. will continue despite the decision by California Insurance Commissioner John Garamendi to settle with the firm, a Spitzer deputy said Thursday. In separate lawsuits, Spitzer and Garamendi have alleged that Universal forced insurers to pay it millions of dollars in kickbacks for getting corporate business funneled to them.
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BUSINESS
November 19, 2004 | Marc Lifsher and Thomas S. Mulligan, Times Staff Writers
New York Atty. Gen. Eliot Spitzer's suit against San Diego insurance broker Universal Life Resources Inc. will continue despite the decision by California Insurance Commissioner John Garamendi to settle with the firm, a Spitzer deputy said Thursday. In separate lawsuits, Spitzer and Garamendi have alleged that Universal forced insurers to pay it millions of dollars in kickbacks for getting corporate business funneled to them.
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BUSINESS
October 16, 2004 | Marc Lifsher and Kathy M. Kristof, Times Staff Writers
State regulators are investigating a San Diego brokerage that was accused in a civil suit of improperly steering business to favored insurance companies, people familiar with the probe said Friday. The state investigation is examining whether the broker, Universal Life Resources Inc., failed to fully disclose payments it received from insurance companies that it recommended to its corporate clients, said the sources, who spoke on condition of anonymity.
BUSINESS
October 16, 2004 | Marc Lifsher and Kathy M. Kristof, Times Staff Writers
State regulators are investigating a San Diego brokerage that was accused in a civil suit of improperly steering business to favored insurance companies, people familiar with the probe said Friday. The state investigation is examining whether the broker, Universal Life Resources Inc., failed to fully disclose payments it received from insurance companies that it recommended to its corporate clients, said the sources, who spoke on condition of anonymity.
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