Q: Should the Insurance Industry Be Looked At? It is hard to fix a system that has not been analyzed.  (p14)  —  J. Robert Hunter (CFA) 2003 0506 – GOV (House) – Increasing the Effectiveness of State Consumer Protection – [PDF-123p, VIDEO-?]  My staff has conducted a major investigation of these issues. I must say today…

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Bank – Failure 2010 0121 – GOV – The Condition of Financial Institutions: Examining the Failure and Seizure of an American Bank – 180p

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FOMC – Federal Open Meeting Committee federalreserve.gov/monetarypolicy/fomc.htm 2008 0916 – Meeting of the Federal Open Market Committee  – 85p CHAIRMAN BERNANKE: there are increasing concerns about the insurance company AIG. …I would like to put on the table a request for authorization for swap lines. I prefer not to put a limit on it, so…

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P1P2 – Legal Case – Maloof v John Hancock The Maloofs <Policyowner> subsequently received a notice from John Hancock dated February 13, 2007, notifying them that an additional premium paymentA of $5,265 was required by April 15, 2007, in order to continueB  the 1992 universal-life policy until July 13, 2007; otherwise, the notice informed them,…

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P1P2 – NAIC Commissioner Willis said the trouble with disclosing that the premium (P1-A) might at some point “resume” is that the premium (P2-B) never stopped. It is misleading to make a consumer think the premium (P1-C) is not being paid. 1994-3, NAIC Proceedings   Bonk P1 E1 SIV i CIV P2 E2 DB-A DB-CP…

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P1P2 – NAIC – Life Insurance Buyer’s Guide Even if there is enough in your account (SIV-A) to pay the premiums (P2-B),  continuing to pay premiums (P1-C) yourself means that you build up more cash value (SIV-D) . 2007 – NAIC Life Insurance Buyer’s Guide  – 10p   Policy Mechanics / Works P1 E1 SIV i…

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P1P2 – Actuarial Policy Mechanics / Cash flow 1873 – Book – Politics and Mysteries of Life Insurance, Elizur Wright – 265p – [GooglePlay-link] (p12) – (SIV – “Self Insurance Value”) – Consequently, the insurance done by …the company is … 972.34, and the balance, $27.66, is the self-insurance, reserve, or “value of the policy,”…

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P1P2 – Grid Bonk P1 E1 SIV i CIV P2 E2 DB-A DB-CP Notes: A)                   Universal Life Policyholder Determines Company Calculation Company Determines Company Determines Policy Mechanics Policy Mechanics Company Calculation Policyholder Determines Policy Mechanics Generic Premium Cost  Guaranteed Maturity Premium (GMP) Guideline Level Premium Planned…

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Um – NAIC Universal Life Insurance Includes guaranteed annual cash value growth but no investment flexibility. insureuonline.org/insureu_type_life.htm

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