Defeat Escheat With Our April 24th Webinar Unclaimed Property Reporting: Best Practices for ComplianceClick Here to Register

Keane's Unclaimed Property Blog

Marathon Update: Third Circuit Reversal Means Another Win for Holders

Compliance

On December 4, 2017, the United States Court of Appeals for the Third Circuit vacated the United States District Court of Delaware’s dismissal of the lawsuit filed by Marathon Petroleum.  In its precedential opinion, the Third Circuit rejected the holding that private parties cannot invoke federal common law to challenge a state’s abandoned property practices.

Read More ›


Illinois Amends Unclaimed Life Insurance Benefits Act

Illinois Amends Unclaimed Life Insurance Benefits Act

Insurance, Legislative Alerts

With the override of the Governor’s Amendatory Veto of IL HB 302 on November 8, 2017, the Unclaimed Life Insurance Benefits Act was amended to include a modified definition of “policy” and new requirements for insurers to perform comparisons of their in-force policies, annuity contracts, and retained asset accounts against the Death Master File (DMF).

Read More ›


I'm looking for information on...