Archive for February 2021
FSOC – AIG
FSOC – AIG FSOC – Financial Stability Oversight Council 2013 0708 – FSOC/AIG – Basis of the Financial Stability Oversight Council’s Final Determination Regarding American International Group, Inc. – 15p Many of AIG’s life insurance and annuity products, while intended to be long-term liabilities, have features that could make them vulnerable to rapid and early…
Read MoreFSOC – Prudential Insurance Company
FSOC – Prudential 2013 0909 – FSOC/Prudential – Resolution Approving Final Deterministation Regarding Prudential Financial Inc. (Woodall, Huff, Edward J. DeMarco, Acting Director, Federal Housing Finance Agency) – The Chair of the Securities and Exchange Commission recused herself from the vote. – 23p FSOC – Prudential – Determination and Dissents – [BonkNote] 2013 0919 -…
Read MoreFSOC – MetLife
FSOC – MetLife Designation MetLife v FSOC – Legal Case Run – Implausible – LIRP – Reputational Risk / Future Shock 2007 – IAA (International Actuarial Association) – Measurement of Liabilities for Insurance Contracts: Current Estimates and Risk Margins, IAA ad hoc Risk Margin Working Group – 170p (p156) – E6.2.3 – The following are some considerations…
Read MoreSystemic Risk – People
Systemic Risk – People FIO Michael McGraith – IL FSOC Roy Woodall – Independent Insurance Expert – Voting Member Lew – Treasury Government Kanjorski NAIC John Huff – IOWA Adam Hamm – ND Michael McGraith – IL Vaughan Academics Daniel Schwarcz – Law Martin Grace – Economics 2009/05/14 – GOV – Testimony: …
Read MoreSystemic Risk – Government
Systemic Risk – Government Hearings (p26) – Spencer Bachus (R-AL): Now, we are asking the Fed—Mr. Bartlett, I think you will agree that the President’s Working Group in 1988 and then this Congress in 1991 actually directed the Treasury and the Fed to look at systemic risk and see what sort of powers they ought…
Read MorePermanent Life Insurance
Permanent Life Insurance Whole Life Universal Life as Permanent / Whole / Other Why is Universal Life Insurance sometimes called Whole or Permanent? Permanent Plan Term Insurance — The contributing company is to determine for itself which of its plans are to be treated as term insurance and which as permanent. The original instructions gave…
Read MoreVermont
Vermont James Hunt 1965-1968 – Insurance Commissioner – 6/1/1965 12/1/1968 3 6 CFA – Consumer Federation of American Patrick Leahy (D-VT) 1975-2023 – US Senator 2005 0209 – GOV (Senate) – Senate Session Class Actions, KB Toys (Deceptive Pricing Practices – 05:28:00 – Hatch), Coca Cola (Apple Juice – 05:29:00) congress.gov/crec/2005/02/09/CREC-2005-02-09-senate.pdf [VIDEO-CSPAN]
Read MoreUtah
Utah Jake Garn – (R-UT) 1974-1993 – US Senator Orrin Hatch – (R-UT) 1977-2019 – US Senator Frank Moss – (D-UT) 1959-1977 – US Senator Tomasz Serbinowski Utah Insurance Commissioner – Actuary 2019 0528 – IULSG – IUL Illustration Subgroup – (A) – NAIC [Bonk: Not in NAIC Proceedings] Scott Harris – We really take…
Read MoreNorth Dakota
North Dakota Byron Dorgan – (D-ND) 1992-2011 – US Senate 1981-1992 – US House Thomas Foley Insurance Commissioner -? ?-1998-? – – North Dakota ?-2000-? – – Kansas – Life and Health Actuary Robert Dineen Award Adam Hamm 2007-2016 – Insurance Commissioner NORTH DAKOTA—Elected; 4-Year Term Commissioner of Insurance Jon Godfread 1/3/2017 incumbent Commissioner of…
Read MoreOhio
Ohio 6th Circuit Court of Appeals Richard Cordray 2009-2011 – Ohio Attorney General – January 8, 2009 – January 10, 2011 2012-2017 – CFPB – 1st Director of the Consumer Financial Protection Bureau – January 4, 2012 – November 24, 2017 Joyce Marie Beatty – (D-OH) 2013-Current (as of 2023) – US House H.R. 5059,…
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