NAIC Zones https://www.naic.org/documents/members_by_zone.pdf Midwest Zone Illinois Indiana Iowa Kansas Michigan Minnesota Missouri Nebraska North Dakota Ohio Oklahoma South Dakota Wisconsin Northeast Zone Connecticut Delaware Maine Massachusetts Maryland New Hampshire New Jersey New York Pennsylvania Rhode Island Vermont Southeast Zone Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina Puerto Rico South Carolina Tennessee Virginia Virgin…

Read More

Nebraska We are seeing a real crisis in confidence: That, in my mind, is probably the worst thing that could happen.    There is not a company in the country that can stand runs that Commissioner Weaver was talking about, where people ask for $1 billion in policy loans and surrenders in a 2-week period.  (p13)…

Read More

Monarch Life Insurance Company Merrill Lynch Single-Premium Life Insurance Variable Life Jerome S. Golden – Monarch NAIC – Variable Life Insurance Task Force 1988 0325 – GOV (Senate) – Tax Treatment of Single-Premium Life Insurance, (CSPAN) Single Premium Life Insurance, Max Baucus, (D-MT)  —  [BonkNote] 1995 – GAO – Insurance Regulation: Observations on the Receivership of…

Read More

Iowa 1999 / 2003 – LC – VOS v Farm Bureau and FBL 1999 – District Court 2003 – Iowa Supreme Court – [Google-Scholar-link] Vanishing Premium, Reasonable Expectations, Class Action Denied Dan Andersen director of the Life and Health Insurance Division, chief actuary of the Iowa Insurance Department and chairman of the Cost Disclosure Task Force of…

Read More

Missouri Missouri – Department of Insurance Academy Life Insurance Company AGC Life insurance Company 2009 1231 – Examination Report of AGC Life Insurance Company – Missouri Missouri State Life Insurance Co. of St. Louis, Mo. 1936 December 1, 2, 3, 7, 8 – GOV (House) – Investigation of Real Estate Bondholders’ Reorganizations – Part 20 -…

Read More

John Huff 2009-2017 – Missouri Insurance Commissioner – FSOC – NAIC Member NAIC ad hoc Executive Committee group on corporate governance – Chair 2018 01 – Association of Bermuda Insurers and Reinsurers  2010 1001 – FSOC – Financial Stability Oversight Council Meeting – [VIDEO] 16:30 – John Huff (Missouri Insurance Regulator / NAIC) Traditional Insurance products…

Read More

SB – Explain Agents  NAIC LIBG Mass Mutual Van Mueller –  China Video – SOA  – 1974 – Albert Easton (NG) Elements / Policy Mechanics / Responsibility NAIC LIBG IULWG – Guy GOV 197x-Cash Flow Elements SOA 198x – Turner – can be anything walter miller – you’re kidding yourselves Language NAIC LIBG 2013 state…

Read More

Roy Woodall 1966-1967 – Kentucky Insurance Commissioner 1981 – NALU 1989-?? – Kentucky Insurance Commissioner 1990 – National Association of Life Companies (NALC)  1993-1999 – NALC merged with ACLI 2000-? – attorney with the Washington, D.C. office of the Atlanta law firm of Morris, Manning & Martin.  2002-2011 – senior insurance analyst for the Department…

Read More

Gary Hughes ACLI 1982-, NAIC Proceedings – Design their own 199x – GOV – Gary Hughes – pre-GLB – mergers, ratings—Eric Dinallo- Functional Regulation 2014 0520 – GOV (House) – Legislative Proposals to Reform Domestic Insurance Policy – [PDF-128p, VIDEO-youtube]  Gary E. Hughes, “Market Conduct: Short-Term Crisis or Long-Term Problem?”  1994 Conference on Life Insurance Company…

Read More

Insolvencies Failures In the early 1990s, there were a number of large insolvencies —  Willis B. Howard Jr., NOLHGA – National Organization of Life and Health Insurance Guaranty Associations 1998 – SOA – Once in a Hundred Years, Society of Actuaries – 22p 1991 0427 – Los Angeles Times – State Allegedly Knew Executive Life Was…

Read More