unclaimed funds http://wamc.org en NY finds $665 M in unclaimed life insurance http://wamc.org/post/ny-finds-665-m-unclaimed-life-insurance <p></p><p>ALBANY, N.Y. (AP) — New York is requiring life insurance companies to send $665 million to beneficiaries nationwide, many of whom didn't know they were named in the policies.</p><p></p><p>Gov. Andrew Cuomo says the investigation and a measure he signed into law last year requires insurance companies to try to find beneficiaries, rather than wait for recipients to file claims.</p><p>Many of the beneficiaries didn't know they were named as recipients by relatives or friends and so would have likely never filed a claim.</p> Wed, 30 Jan 2013 00:59:00 +0000 Dave Lucas 56780 at http://wamc.org