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Cape Gazette
Lewes, Delaware
Jim's Towing Service
July 21, 2006     Cape Gazette
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July 21, 2006
 

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Denn fines insurance company for mailing that appeared to be a government document A life insurance company that mailed a solicitation in an official- looking envelope from the "Office of the Senior Resource Center" will pay a $10,000 fine, will stop using such mailings and will allow any Delawarean who pur- chased a policy from the mailing get a refund if they choose, Insurance Commissioner Matt Denn announced Wednesday, July 19. The agreement came after Denn filed a formal complaint against Physicians Life Insurance Company of Omaha, Neb. earlier this month in which he said the company intended the mailing to look like a U.& government doc- " ument. "This fine and cease-and-desist order show that we will not toler- ate insurance companies using deceptive practices to sell, espe- cially when the target is senior cit- izens," Denn said. "I urge Delawareans to be wary about what they get in the mail and to notify the Department of Insurance if they receive some- thing from an insurance company that crosses the line." The cease-and-desist order to which Physicians Life agreed requires the company to: Immediately stop the use of any such mailings; Provide the names and addresses of Delawareans who received the mailings to the Insurance Commissioner's office; Provide the names and addresses of any Delawareans who responded to the solicitation: Notify any Delawareans who responded to the mailing that they have the opportunity to revoke their purchase and receive a free refund; Pay a $10,000 fine; and Submit future mailings from the company to Delawareans to the Commissioner for review for a period of one year. Besides listing a return address as "Office of the Senior Resource Center." the envelope containing the solicitation also has "Official Business" on its front and an American flag. The first page of the enclosed letter includes a series of boxes similar to Internal Revenue Service and Social Security Administration docu- ments, as well as'notations such as "Benefit Notice Memorandum: Notice of Eligibility for Individual Supplemental Death Benefits," "Form XLXJ-0606" and "Urgent ^ Please Take Action By: July 3, 2006." A scheduled July 27 hearing into the matter will no longe r take place. Business ownership workshop set Aug. 10 YWCA's Microenterprise Development Program will Offer a work- shop, Are You Ready to Own a Business? from 6:30 to 8:30 p.m., Thursday, Aug. I0, at Reformation Lutheran church in Milford. This workshop provides information on the critical elements of "entrepreneurship readiness." Topics include the pros and cons of small business ownership; a self-assessment to help determine if a person has what it takes to be a small business owner: the significance of market research; financing a business; the importance of developing a business plan; and where one may go for help. Anyone thinking of either part-time or full-time entrepreneurship is encouraged to attend. The YWCA Delaware has a commitment to community service. focusing on the special needs of women. It is their goal to help women achieve self-sufficiency and encourage their personal development., Pre-registration is required by calling 302-465-6870. .CAPE GAZETTE - Friday, July 21 - Monday, July 24, 2006 - 57 Summerlyn Townhouse 34363 Summerlyn Drive Retreat at Love Creek 19185 Sbirling Lane Beautiful, well maintained condo in the heart of Lewes and walking distance to shopping oudets. Screened sun- room, fire place, high ceilings & deck with view of water- fall pond. Great for year round living or great summer getaway! Very motivated seller all furniture negotiable! $229,900 Convenient 1 story living at its best. Never lived in, 3 BR, 2.5 BA, upgraded "Cambridge" Hardwood dining room, halls and kitchen. Includes marble fireplace, whirlpool tub, expanded master BR with tray ceiling, composite deck and irrigation system. Kitchen amenities include granite countertop and stainless appliances. Don't wait for new when you can enjoy NOW! $595,000 Hetp your money get big and strong % APY' 9-month CD With a PNC Premium Ptan --$1,000 minimum to earn APY. i i i! ! i i iii ii iil ! i i00i00ii00i00!ii!i00i00ii!0000!00;iii!00!i0000ii00i!i!i00iii!iii00iiiiii00iii00!i00Ei!ii!i00i!ii!iiii!00!00i0000i00!00i000000!00!ii!iiiiiiiii00i!00iii!i!iiii;;00;00i0000ii0000Z00i iiiiiiililMii,i!iiiili 1 !iili)ii!!i,ili;iil;! ii!!i!iiiiii 0000!ii?iiiiiiii00j, ..................................... tAnnuat Percentage Yietd (APY) accurate as of 7/16/06. Penalty for earky withdrawal Maximum $500.000. Offer avaitabl.e for new or exstinl PNC Bank Premium Plan customers only. Business accounts not el.igibte. PNC Bank Nember FDIC. 2006 The PNC Financia[ Services Group, Inc.