January 2023 – Page 5

Shock The flexibility of Universal Life that initially appealed to the policyholder which allowed him to change premium payments, coverages, etc., will make this annual report of the condition of his “account” an unanticipated shock. — Dale W. Hotze, is President of Hotze & Associates Inc., Jacksonville, Florida. 1983 – SOA – Universal Life (rsa83v9n32), Society…

Frank Keating 1995-2003 – Governor of Oklahoma 2003-2010 – ACLI, American Council of Life Insurers, President 2011-2015 – American Bankers Association, President 2004 0909 – GOV (House) – G.I. Finances: Protecting Those Who Protect Us – [PDF-176p, VIDEO-?] ACLI – Frank Keating – Written Testimony – 6p House – Financial Services Committee – Subcommittee on Capital Markets,…

Rating Rating – Index 2010 – LR – Rating Dependent Regulation of Insurance, John Patrick Hunt, Connecticut Law Journal – p101-186p – 86p

Wells Fargo 2016 1209 – NYT – Accusations of Fraud at Wells Fargo Spread to Sham Insurance Policies, By Stacy Cowley and Matthew Goldstein – [link] Prudential, Whistleblowers, MyTerm

Crédit Lyonnais 2011 – NYT – A.I.G. Unit and a French Bank Settle a Lawsuit Credit Agricole SA bought Credit Lyonnais in 2003 Leon Black, Soon after, executives of the French bank Crédit Lyonnais reached out to Black about teaming up on a venture that would try to replicate Drexel’s success. He and Crédit Lyonnais went big,…

Des Moines Register 2013 0501 – Des Moines Register – Aviva USA life insurance unit to be dealt to Global Atlantic, by Victor Epstein – [link-winkintel] 2013 0928 – Des Moines Register – Insurers, Banks Hail Higher Bond Yields, By Victor Epstein – [link] 2013 0928 – Des Moines Register – Insurers, Banks Hail Higher Bond Yields,…

Federal Reserve FRB – Federal Reserve Board

CFPA – Consumer Financial Protection Agency CFPB – Consumer Finance Protection Bureau 2009 1023 – InvestmentNews – Insurance advocates laud changes to Consumer Financial Protection Agency Act – [link] Members of the insurance industry are applauding an amendment to the Consumer Financial Protection Agency Act of 2009 that eliminates a section that would have given the…

NASAA – North American Securities Administrators Association nasaa.org/ 1980s – NASAA/NAIC Joint Regulatory Insurance Products Study Committee 2023 1204 – Letter – ACLI to NASAA – Re: Proposed Revisions to NASAA’s Dishonest or Unethical Business Practices of Broker-Dealers and Agents Model Rule, North American Securities Administrators Association – 9p The Report and Proposal do not…

Nassim Taleb Black Swans 2009 0910 – GOV (House) – The Risks of Financial Modeling: VAR and the Economic Meltdown [PDF-155p, VIDEO-YouTube] Nassim Taleb Crooks or Fools Collective Incompetence Class B Instruments Richard Bookstaber, Financial Author House – Committee on Science and Technology, Subcommittee on Investigations and Oversight