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39. When Big Insurers Fail: A Cautionary Tale episode artwork

Feb 11, 2026 15 min

39. When Big Insurers Fail: A Cautionary Tale

from The Bell Effect Hosted by 40 Lex Studios

Today, we are joined by Edward Stone, BellTel's Special Legal Counsel and the Executive Director of Retirees for Justice. Stone joins us to discuss PHL Variable, a large regional insurance company that recently filed for liquidation. He walks us through what policy and annuity holders should expect, what caused the issues in the first place, and what retirees and policyholders from other insurers should keep in mind moving forward. The Association of BellTel Retirees is dedicated to promoting the protection and enhancement of the pensions and benefits for all retirees and the current and future beneficiaries of the companies derived and evolving from the original Bell System. -- You can find more information on our website: https://belltelretirees.org/ You can donate to the cause here: https://forms.donorsnap.com/form?id=7181f443-1593-41d5-9979-725ff49ba02f Send any questions to [email protected] Find us on Social Media: Facebook: https://www.facebook.com/associationofbelltelretirees Twitter: https://twitter.com/belltelretiree LinkedIn: https://www.linkedin.com/company/association-of-belltel-retirees

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39. When Big Insurers Fail: A Cautionary Tale

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