Hmm... but they never admit wrong-doing, fraud or anything they just pay to settle. And the pay out would only be if the SEC or other government body actually w

Hmm... but they never admit wrong-doing, fraud or anything they just pay to settle. And the pay out would only be if the SEC or other government body actually went after them. I'm reasonably sure there would be a way, and even if it was a bad bad investment for the insurer to take directly, it could be wrapped in derivatives and chopped up and sold to institutional investors. But perhaps I'm just cynical.