Two pieces of news provide a flicker of hope amid the doom and gloom.
By Targeted News Service
ALEXANDRIA, Va., April 24 -- New York Life Insurance, New York, has been assigned a patent (8,706,595) developed by Jodi L. Kravitz, New York, and William Formon, Rye, N.Y., for a "flexible premium income annuity system and method."
The patent application was filed on Oct. 18, 2007 (11/874,374). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8,706,595.PN.&OS=PN/8,706,595&RS=PN/8,706,595
Written by Balkishan Dalai; edited by Jaya Anand.