Wednesday, April 14, 2010

 

More Life Insurance Was Sought on Woman

An Indianapolis entrepreneur who is trying to collect on a $15 million life-insurance policy for an elderly woman who drowned in her bathtub also sought to buy other big policies on the woman's life, according to court documents filed late Monday by a unit of American International Group Inc.

JB Carlson, 36 years old, never took out the other policies, but AIG's American General unit maintains in its filing they are additional evidence of alleged "illegal wagering" under Indiana law on the life of an unrelated person...

WSJ: More Life Insurance Was Sought on Woman

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