by Structured Settlement Watchdog
If only it were true that MassMutual issued structured settlement annuities today. The industry would have another solid A.M. Best rated A+ rated company. Unfortunately the would be Christmas Eve present is a lump of coal delivered by Aomid News' Pam Erickson.
Aomid says it "endeavors to bring you the best news as it develops. The staff consists of able writers who are all experts in their fields....Aomid started as a quest to inform our readers of developing news". (all underlines added by us for emphasis)
An article posted December 24, 2010 includes the following:
As this official MassMutual website shows MassMutual has not offered structured settlements for almost 4 years (since January 2007). The company only services structured settlements that it write prior to January 2007.
A similar statement to the Aomid statement about Mass Mutual appears in all current releases on the MassMutual website states and does NOT mention structured settlement annuities:About MassMutual
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability insurance, long term acre insurance, retirement/401(k) plan services and annuities. In addition, the company’s strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
Aomid News also freely uses the MassMutual trademarked logo though the cynic in me believes that it has neither sought nor received permission to use it.
It is not a coincidence that the AOMID News misinformation is accompanied by no fewer than 10 Google adsense placements.