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  Contribute to the PPG Legal Defense Forum: We Need Your Support!

If you appreciate our indexed annuity analysis, reviews, and research, please help. Our right to Free Speech is under attack, which means our ability to continue writing with our trademark frankness and honesty is in serious jeopardy.

Premium Producers Group, Mitchell Maynard, and Dorice Maynard have been named in a libel lawsuit brought by ShurWest Product Connection dba The Annexus Group. Their suit claims, among other things, that our February 2006 review of their Balance Plus Annuity is false, libelous and has caused them financial harm; and that our posting the names of Annexus Group member firms on our Project TAD 'Controlled IMO List' for potential conflict of interest has also caused them financial harm.

Of course, we firmly believe our review was entirely accurate and that our decision to list Annexus members on the TAD list was appropriate. We at Premium Producers Group pride ourselves on providing quality, accurate MCP Premium software programs and analysis that is used industry-wide. Our dedication is evidenced by our sister projects, the Association of Insurance & Financial Specialists for agent education and PERSONALYZE for consumer protection.

Let The Annexus Group know that this lawsuit is unacceptable! As a small independent firm, we operate at a very low profit margin to keep our products affordable. Thankfully, we have learned that our business insurance will help us defend against The Annexus Group's baseless allegations. Hallelujah! We believe it is imperative to put on as vigorous a legal defense as is possible, so that our voice will not be silenced. Therefore, we are still seeking any individuals or companies who feel they have a vested interest in protecting our ability to provide commentary and reviews of indexed annuity products, to take action and show their support.

Details and Timeline of this Lawsuit

February 2006 - We post our review of Annexus/American Investors "Balance Plus Annuity" on our Blog

June 2006 - Project TAD (Transparency and Disclosure) launches and we post our "Controlled IMO" list

June 2006 - We discuss why The Annexus Group members are listed in Project TAD on our Blog

August 2006 - Attorney for The Annexus Group sends us a "Cease and Desist Letter"

August 2006 - We note several misperceptions on their part, and reply in an attempt to clarify

October 2006 - The Annexus Group invites to show us how a proper BPA evaluation should be done

October 2006 - We decline, suggesting instead that they publish their own analysis or study

February 2007 - ShurWest dba/ The Annexus Group files libel Complaint in Arizona Superior Court

March 2007 - We file a Motion to Dismiss the Complaint

April 2007 - Attorney for The Annexus Group files Response to our Motion

September 2007 - Our Motion to Dismiss is Denied; lawsuit will now proceed in Arizona Superior Court

October 2007 - Our Answer to the Complaint is filed

December 2007 - Initial disclosures of evidence (documents and witness lists) between parties; theirs was lacking much of the detail expected in such cases.

February 2008 - Hearing on our Motion to Strike certain elements from the Complaint; Court rules in our favor. A settlement offer may be forthcoming.

March 2008 - We served ShurWest with formal discovery requests: Non-Uniform Interrogatories, Requests for Document Production, and Requests for Admission. They have 40 days to respond.

May 2008 - ShurWest's responses are received along with some additional documents. However, they decline to disclose many items, claiming "privileged", "confidential" and "proprietary".

Members of the Press: If you would like to schedule an interview, please Contact Us.

How You Can Help...

We want to remain the independent voice of the insurance industry by continuing to provide our commentary, analysis and product reviews. Your support means a great deal to us. Please consider helping in one or more of these areas:

Your support is greatly appreciated. We will keep everyone apprised by email of our progress with our legal defense against The Annexus Group.

 

Sincerely,

 

Mitchell and Dorice Maynard

Premium Producers Group, LLC

 

 

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"But those who wait on the Lord shall renew their strength; They shall mount up with wings like eagles..." Isaiah 40:31