Daniel Schwarcz – Government Hearings Daniel Schwarcz (p25) – Daniel Schwarcz: … the way you have to have disclosure is not by telling people here is what insurance is and here are the questions you need to think about. You need to provide them with the information they need to make decisions. 2011 0914 – GOV…

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Transcripts 2014 0917 – GOV (House) – Oversight of the FSOC Council – PDF-72p  – Video (p1) – Chairman Patrick McHenry – (R-NC) – The FSOC may well be the least transparent Federal entity in the government. Of the 42 meetings held, no substantive description of discussions or members’ perspectives have been provided in the…

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Blaine Luetkemeyer Congressman – (R-MO-2009-Current, as of 2022) 2015 0429 – GOV (House) – The Impact of International Regulatory Standards –  [PDF-125p, part 1 – VIDEO-youtube , Part 2 – VIDEO-youtube]  (p19) – Mark Van Der Weide – (Deputy Director, Division of Banking Supervision and Regulation, at the Federal Reserve Board of Governors) The FSOC publicizes a…

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Cash Value Life Insurance – Confusing Cash Value Gary Sanders (National Association of Insurance and Financial Advisors—NAIFA) agreed that use of the term “cash value” was confusing. 2017 0217 – NAIC – LIBG WG Conference Call (p66) – Statement James Collins (R-TX) – Much misunderstanding of cash value life insurance has been caused when people…

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Problem Banks FDIC 1976 – GOV – House Hearing, 94th Congress – Oversight hearings into the effectiveness of Federal bank regulation (regulation of problem banks): hearings before a subcommittee of the Committee on Government Operations, House of Representatives, Ninety-fourth Congress, second session – 144p

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Chris Dodd 1975-1981 – US House (D-CT) 1981-2011 – US Senator (D-CT) Dodd-Frank Act 2009 0305 – GOV (Senate) – American International Group: Examining What Went Wrong, Government Intervention, And Implications for Future Regulation, (CSPAN) Government Intervention and Regulation of AIG, Chris Dodd (D-CT)   —   [BonkNote] (p33) – Chairman DODD.  And again, looking at the…

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Problems – Language The “unbundling’ of services and other product differences between Universal Life and Ordinary Life cause current literature to be inapplicable, as well as insufficient, for Universal Life. 1984 Journal – American Academy of Actuaries I then said, “No, read the agreement. We’re not going to ask for that kind of thing.” I was…

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Um – Premium 2019 0830 – Life Insurance Illustrations Issues Working Group – CEJ Letter – 12p The personalized information in the Policy Overview is the premium for the policy – based on information known to the producer or insurer at the time and subject to change based on additional or revised information – and that information…

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