Archive for September 2022
AIG – Rating Agencies – Downgrades – Triggers
AIG – Rating Agencies – Downgrades – Triggers 2008 0915 – WSJ – S&P Downgrades AIG, Citing ‘Reduced Flexibility’- [link] All of these ratings remain on CreditWatch with negative implications, where they were placed on Sept. 12, 2008. “The main reason for the rating actions is the combination of reduced flexibility in meeting additional collateral needs…
Read MoreAIG – Repos
AIG – Repos Securities Lending – Repos (p4) – Of equal concern, the default by AIG and AIGFP on more than $100 billion of institutional indebtedness, including $15 billion of commercial paper and $85 billion of short-term repurchase obligations9 would have exacerbated the stresses in the money market and repo markets driven by Lehman’s bankruptcy.…
Read MoreAIG to DOTT – Department of the Treasury
1991 0227, 0507, 0509, 0523 – GOV (House) – Insurance Company Solvency – Cardiss Collins (D-IL)
1991 0227, 0507, 0509, 0523 – GOV (Senate) – Insurance Company Solvency 1991 0227, 0507, 0509 and 0523 – GOV (House) – Insurance Company Solvency, (CSPAN) Insurance Company Insolvencies, Cardiss Collins (D-IL) — [BonkNote] [PDF-369p-GooglePlay, VIDEO-0509-CSPAN] ->Not on govinfo.gov – R <VIDEO-? – 0227, 0507 and 0523> House – Committee on Commerce, Science, and Transportation – Subcommittee on Commerce, Consumer…
Read MoreFarms
Farms Consequently, many farmers were unable to service their debt, and delinquencies on loans to major farm lenders-principally banks, the Farm Credit System, life insurance companies, and the Farmers Home Administration-grew substantially.16 16 Emanuel Melichar, Turning the Corner on Troubled Farm Debt, 73 FED. RESERVE BULL. 523, 525- 26 (1987). TWO CONCEPTS OF MEDIATION IN…
Read More2009 0616 – GOV (House) – Systemic Risk and Insurance – Paul Kanjorski (D-PA)
2009 0616 – GOV (House) – Systemic Risk and Insurance – Paul Kanjorski (D-PA) 2009 0616 – GOV (House) – Systemic Risk and Insurance, CSPAN (Insurance and Systemic Risk), Paul Kanjorski (D-PA) — [BonkNote] [PDF-181p, VIDEO-C-SPAN] – <mp3, mp4> – M approx. 21:00 – Melissa Bean – AIG’s Problems weren’t just in the Financial Products…
Read MoreInsurance Companies Not Started As Insurance Companies
Insurance Companies Not Started As Insurance Companies Baldwin United Tenneco -> Conseco SunAmerica -> AIG Baldwin United (p64) – …Baldwin (originally the piano company)… Statement to U. S. House of Representatives Subcommittee on Oversight and Investigations, By Karl L. Rubinstein, (Special Deputy Insurance Commissioner, State of California):, September 14, 1988 1991 0227, 0507, 0509,0523 – GOV (Senate)…
Read MoreInsurance Regulators – Companies are Okay
Insurance Regulators – Companies are Okay 1980s Baldwin United 1990s Executive Life 2000s AIG Executive Life Insurance Company 1990 1207 – Los Angeles Times – N.J. Seeks Deposit From First Executive : Insurance: The ailing firm must make a $500-million payment or lose its right to sell policies there, the state says., BY Scot J.…
Read MoreFirst Executive
First Executive 1990 1207 – Los Angeles Times – N.J. Seeks Deposit From First Executive : Insurance: The ailing firm must make a $500-million payment or lose its right to sell policies there, the state says., BY Scot J. Paltrow – [link]
Read MoreExecutive Life
Executive Life ELIC – Executive Life – California ELNY – Executive Life of New York Executive Life – Illinois 1994 – SOA – Rehabilitation Fallout, Society of Actuaries – 20p — Robert Ewald, not a member of the Society, is Executive Director of Illinois Life and Health Guaranty in Chicago, Illinois. In the Executive Life…
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