Archive for March 2023
Death Benefit – Increases
Death Benefit – Increases Yet insurance companies appear to cope with inflation better than most businesses. This is because Americans are buying bigger policies to help offset the erosion of their portfolios and because they are realizing higher yields on their substantial investments. 1979 0930 – NYT – The Appeal of Life Insurance Fades, But…
Read MoreConsumer Advocates
Consumer Advocates I am not convinced that the consumer advocates,–David Swankin excepted– really know or speak for what the average consumer wants. I fear that in the dialogue between regulators, business and consumerists, what the general public really wants may be overlooked. — William M. White, Connecticut General – Director of Government Regulations 1980 – SOA…
Read MoreConnecticut General Life Insurance Company
Connecticut General Life Insurance Company I am not convinced that the consumer advocates,–David Swankin excepted– really know or speak for what the average consumer wants. I fear that in the dialogue between regulators, business and consumerists, what the general public really wants may be overlooked. — William M. White, Connecticut General – Director of Government…
Read MoreMonolines – Media
Monolines – Media 2008 0228 – FT (Financial Times) – Markets Assess the Costs of a Monoline Meltdown, by Gillian Tett – But the monoline issue has raised anxiety about whether other counterparties in the CDS world, such as hedge funds, will be able to honour their contracts if corporate defaults rise. While the International…
Read More2604 – New York Law – False Statements as to Insurers
2604 – New York Law – False Statements as to Insurers 2009 0517 – Insider – Was AIG Cooked Long Before Joe Cassano?, by Joe Weisenthal – [link] … slowly hints at the idea that Cassano is really a fall guy. In 2001, when independent analysts working for The Economist magazine questioned the company’s rich valuation, they…
Read MoreNakedCapitalism.com
NakedCapitalism.com nakedcapitalism.com/ truthout.org//yves-smith/ wikipedia.org///Naked_Capitalism Susan Webber, the principal of Aurora Advisors Incorporated – a management-consulting firm based in New York City – and author of ECONned, using the pen name Yves Smith, launched the site in December 2006. She focused on finance and economic news and analysis, with an emphasis on legal and ethical issues…
Read MoreCIA – Central Intelligence Agency
CIA – Central Intelligence Agency William Joseph Casey – (March 13, 1913 – May 6, 1987) wikipedia.org/wiki/William_J._Casey William Casey – Bibliography – govinfo.gov/content/pkg/GPO-CRECB-1987-pt9/pdf/GPO-CRECB-1987-pt9-6-1.pdf Life insurance desk book, 1974. 3d ed. Life insurance ideas, n.d How to use life insurance in business, 1959 1948-1962 – Lecturer in tax law at the New York University School of…
Read MoreAIG – CIA – Central Intelligence Agency
AIG – CIA – Central Intelligence Agency There is also the not-trivial issue that AIG is widely believed to provide legitimate-looking jobs to CIA assets all over the world. Would letting foreigners obtain control put that sort of information at risk? 2014 1014 – NakedCapitalism.com – AIG Bailout Trial Bombshells: The Repellent Hank Greenberg May…
Read MoreDuhaime v. John Hancock
Duhaime v John Hancock 1999 – LC – Richard DUHAIME v. John Hancock Mutual Life Insurance Company Senator Howard M. Metzenbaum (D-OH) Decided: June 28, 1999, United States Court of Appeals, First Circuit No. 98-2139. 1:96-cv-10706 Pacer – Yes Duhaime, et al v. John Hancock Mutual, et al 8:1995cv01556 Florida Middle District Court 09/20/1995 03/27/1996…
Read MoreDavid Swankin
David Swankin For if we have learned anything in the past that we should apply to the future, it is to deal with the message and not the messenger. — David Swankin, Partner with Swankin and Turner law firm 1980 – SOA – Effect of Governmental Actions and Consumerism on Product Design and Pricing of the…
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