System Systemic Risk It is hard to fix a system that has not been analyzed.  (p14) —  J. Robert Hunter (Director of Insurance, Consumer Federation of America) 2003 0506 – GOV (House) – Increasing the Effectiveness of State Consumer Protection – [PDF-127p, First, for the period 1930 through 1970, the roles taken by various financial…

Read More

Puffery Puffery Bluffing Forward Looking Statements 2011 – AP – Bluffing in Insurance Sales: A Pakistani Perspective. by Hina Butt.  Master’s Thesis in Applied Ethics, Linköpings Universitet – 45p See State Farm Fire & Cas. Co. v. Slade, 747 So. 2d 293, 322-23 (Ala. 1999) (holding that insurance agent’s statements that the purchased insurance policy was “the…

Read More

Mary Mealer Missouri Chair – Product Standards Committee (PSC), Insurance Compact Chair – NAIC Life Insurance Buyer’s Guide Subgroup Chair – NAIC Life Insurance Online Guide (A) Working Group Member – Life Insurance Illustration Issues (A) Working Group I feel like this is like the Groundhogs Day Movie all over again almost every call.  We…

Read More

Teresa Winer engage.soa.org/network/members/profile?UserKey=a8c2da9f-14ba-4ed8-af19-45cd4d8a8554 The first survey we did was basically of retirees: anybody  who has an FSA prior to 1960 and is still actively employed. We wanted to see what they’re doing and what kind of lessons they want to share with other people, which would feed into the Ambassador Program. It would be somebody…

Read More

6 – LIBG https://www.naic.org/documents/life_insurance_buyers_guide.pdf 2019  (4) Keep in mind that you may be able to change your current policy to get benefits <Plan of Insurance> you want. Dynamic Policies Cude – What are Benefits Universal Life is a ratebook and more, all by itself. If you say you have Universal Life, you in fact have…

Read More

Kim O’Brien CEO of the Federation of Americans for Consumer Choice facchoice.com/ AAP  – Americans for Asset Protection 2018 –  formally known as Americans for Annuity Protection 2022 0202 – fa-mag.com – Insurance Agents Sue to Overturn DOL Rule, by FA Staff – [link] The Federation of Americans for Consumer Choice, a trade group representing…

Read More

CIPR – NAIC 2010 – CIPR / NAIC – Systemic Risk and the U.S. Insurance Sector, Mary A. Weiss, Ph.D., Distinguished Scholar Center for Insurance Policy & Research, National Association of Insurance Commissioners – 40p 2013 01 – CIPR / NAIC -33p The 1980s ushered in the era of universal life policies. While such universal life…

Read More

Sandbox – Short List – 417 Academic 201x – Universal Life Insurance Duration Measures, Lange, Alonzi, Simpkins – 14p  2004 – UNIVERSAL LIFE INSURANCE – ASPECTS OF THE CASH VALUE DEVELOPMENT – Insurance – 146p  1982 -Using Information-Processing Principles in Public Policymaking- Marketing – 21p 1981 – FTC The NAIC Model Life Insurance Solicitation Regulation – 22p  1972 – An Empirical…

Read More

Blumenthal v. New York Life 2009 – LC – Blumenthal v. New York Life  —  [BonkNote] Sutherland  Phillip Stano – Sutherland – Defense Attorney for New York Life 2010 0930 – Sutherland – re: Blumenthal vs New York Life – Court Rejects Suit Alleging Fraud and Negligent Design in the Sale of Universal Life Insurance Policies…

Read More