Author: ltc pro (---.client.mchsi.com)
Date: 03-01-05 23:57
I received notification this weekend in the mail that AF&L could no longer
accept new business due to excessive claims losses. I spoke with the company V.P. today and basically the company has depleted it's reserves.
I was told they were hoping it would be temporary, although I would think
that they are being overly optimistic.