Lines I was going to go ahead and say that I am outraged as well, but what I would like to be is enlightened. (p15) —  RANDY NEUGEBAUER, Texas 2009 0318 – American International Group’s Impact on the Global Economy: Before, During, and After Federal Intervention – aka Federal Aid to AIG Insurance, CEO Testimony – [PDF…

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Covered Agreements 2018 0220 – NAIC – Covered Agreement Public Hearing – Comment Letters – 176p 2019 – AP – The Future of the US-EU Covered Agreement: How to Drag an Absurdly Federalist Regulatory System into the Global Reinsurance Market – 23p

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Guideline Annual Premium In short, Petitioner <ACLI> states, the guideline annual premium equals the annual premium necessary to keep the policy in force for the life of the insured. 1983 1130 – Federal Register, Vol.48 No. 231.  The suggested rule keys this additional exemptive relief to a “guideline annual premium.” This concept is defined as the…

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Questions – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ A Actuarial – Questions AIG – Questions Back to top C Copy of Q: How Can Universal Life Insurance Be Classified? Permanent / Whole / Term / Other Back to top F FRB – Federal Reserve – Questions Back to top Q Questions – Index Questions – NAIC Q: Does It…

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The Big Short 2010 – Book – The Big Short: Inside the Doomsday Machine, by Michael Lewis  2015 – Movie – The Big Short bestinterest.blog/explain-the-big-short/ Heated exchange as CEO of investment bank testifies, protest – Youtube – [link]

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David Kotz 2007-2012 – Inspector General at the U.S. Securities and Exchange Commission (SEC) from December 2007 until his resignation in January 2012. 2009 0831 – SEC Inspector General Report – Investigation of Failure of the SEC to Uncover Bernard Madoff’s Ponzi Scheme – Public Version – Report No. OIG-509 – 477p sec.gov/files/oig-509-exec-summary.pdf 2009 0910…

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SIGTARP – Special Inspector General for TARP sigtarp.gov –  Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) Neil Barofsky SIGTARP, the Special United States Treasury Department Inspector General overseeing the Troubled Assets Relief Program (TARP), from late 2008 until his resignation at the end of March 2011 previous to which…

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As long as you pay the premium…. Coverage Period Coverage Period – Examples Let’s review the basic mechanics of Universal Life. The policy does not lapse if a premium is not paid; rather, it lapses if the fund balance becomes too small to pay the next month’s cost of insurance.  —  Ben H. Mitchell, [Bonk:…

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Premiums – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ C Charges Cost – Index Back to top F Flexible Premium Fractional Premiums Back to top G GMP – Guaranteed Maturity Premium Guaranteed Gross Premium Guaranteed Premium and Benefits Patterns Summary – NAIC Guideline Annual Premium Guideline Level Premium Guideline Premium Back to top H Hyperfunding Back to top I Indeterminate…

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J. Robert Hunter consumerfed.org/expert/robert-hunter/ c-span.org/person/?29176/JRobertHunter Former Texas Insurance Commissioner Former – ran Federal Insurance Administration and the National Flood Insurance program Insurance is not a product like a can of peas.  (p23) —  J. Robert Hunter, Director of Insurance, Consumer Federation of America  2003 1022 – GOV (Senate) – Federal Involvement in the Regulation of the Insurance Industry, (CSPAN) – Insurance…

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