Major Changes to Delaware Unclaimed Property Law. What You Need to Know About DE SB 13.View the On-Demand Webinar Replay

Keane's Unclaimed Property Blog

Illinois Creates a Uniform Unclaimed Life Insurance Benefits Act

Illinois Creates a Uniform Unclaimed Life Insurance Benefits Act

Insurance, Legislative Alerts

Signed into law by Governor Rauner on August 26, 2016, IL HB 4633 creates the Illinois Uniform Unclaimed Life Insurance Benefits Act and amends the state Insurance Code. This bill will become effective on January 1, 2017 and details the requirements and procedures to which insurers must adhere to ensure compliance. This includes identifying deceased insureds and […]

Read More ›


Delaware Issues Statement on Temple Inland Decision, Reduces VDA Lookback Periods

Delaware Issues Statement on Temple Inland Decision, Reduces VDA Lookback Periods

Compliance, Unclaimed Property Audit

The Delaware Secretary of State issued a statement regarding the impact of the federal district court’s decision in the Temple Inland case on the VDA program his office administers. Bullock acknowledged that the decision was “critical of several specific actions taken by the State Escheator during the course of that audit,” but indicated that the case is “limited to the specific facts and circumstances of the unclaimed property audit at issue in the case.”

Read More ›


Plains All American Pipeline Audit Challenges Dismissed

Plains All American Pipeline Audit Challenges Dismissed

Compliance, Oil & Gas

On August 16th, the Delaware Federal District Court dismissed the lawsuit brought by Plains All American Pipeline against certain Delaware Department of Finance employees and Delaware’s contracted auditor, Kelmar Associates in regards to an unclaimed property audit. The court ruled that Plains did not have standing to sue Kelmar and that the allegations against the state officials were not ripe for judicial review.

Read More ›


I'm looking for information on...