The Cleveland Bakers and Teamsters Pension Fund, a General Electric Company (GE) shareholder, recently filed a class action lawsuit against the company and several of its current and past officers. The lawsuit grew out of a huge charge taken by GE relating to a legacy run-off block of long-term care (LTC) insurance policies, and a resulting decline in the market value of GE shares.
Joseph M. Belth: No. 257: Long-Term Care Insurance—A Major Legacy Problem for General Electric
Joseph Belth, professor emeritus of the Kelley School of Business writes on a number of insurance related topics.
Joseph M. Belth: Bio
Joseph M. Belth: No. 257: Long-Term Care Insurance—A Major Legacy Problem for General Electric
Joseph Belth, professor emeritus of the Kelley School of Business writes on a number of insurance related topics.
Joseph M. Belth: Bio
