Archive for March 2023
Covered Bonds
Covered Bonds 2010 0915 – GOV (Senate) – Covered Bonds: Potential Uses and Regulatory Issues [PDF-202p, 2010 0915 – Testimony of Kenneth A. Snowden, Associate Professor of Economics, University of North Carolina at Greensboro – 19p Senate – Committee on Banking, Housing, and Urban Affairs On Examining Covered Bonds, Their Potential Uses, and Regulatory Issues
Read MoreNCLC – National Consumer Law Center
NCLC – National Consumer Law Center nclc.org/ 2018 03 – NCLC – Consumer Protection in the States: A 50-State Evaluation of Unfair and Deceptive Practices Laws, National Consumer Law Center – 76p II. How do the States Rate on the Scope of their UDAP Statutes? Coverage of Insurance … 20 VI. How do the states rate…
Read MoreUniversal-Flexible Factor
Universal-Flexible Factor <WishList> 1982 – New Jersey – Universal/Flexible Factor: life insurance informational hearing. Department of Insurance, New Jersey. Department of Banking & Insurance [Bonk: the NAIC also has it in their Database, but it is currently unavailable for viewing (as of 2023)] Bill White, chief actuary, New Jersey, reported on their special project pertaining to…
Read MoreInsuranceFraud.org
InsuranceFraud.org insurancefraud.org/ [InsuranceFraud.org – BonkNote] Board of Directors – insurancefraud.org/officers-directors-board/ 2023 – Officers Michelle Rafeld – Ohio Insurance Department insurance.ohio.gov/about-us/executive-bios/14-michelle-rafeld Assistant Director of Fraud and Enforcement since 2007 NAIC Chaired … the Promoting Appropriate Sales Practices In The Sale Of Life Insurance and Annuities Working Group Vice-Chair of the Antifraud Task Force 2023 – Executive Committee…
Read MoreMurder
Murder Murder 2003 – JIR / NAIC – The Murder of the Insured By the Beneficiary: Attempting to Quantify One Moral Hazard Relating to Life Insurance Contracts – 29p 2016 0901 – Yakima Herald – Court denies retrial for man convicted of murdering Vern Holbrook – [link] Prosecutors said Blizzard sought to kill Holbrook after…
Read MoreGOV – NAIC
GOV to NAIC 2021 0526 – FRB to NAIC – Randal K. Quarles, Vice Chair for Supervision Board of Governors of the Federal Reserve System to National Association of Insurance Commissioners International Insurance Forum, Federal Reserve Board – 9p Accordingly, Team USA and other interested jurisdictions continue to build on our work on the Group…
Read MoreCredit Scores
Credit Scores Randy Neugebauer (R-TX): I want to go back to one of the things that seems to be a common theme, and I do not want to put words in people’s mouth, but that the credit scores are used in part of the underwriting process. What is not standardized is some companies put more…
Read MoreSavings Through Life Insurance
Savings Through Life Insurance “If it’s a savings account, why do you pay interest on it when you borrow?” asked Blake Newton, president of the American Council of Life Insurance. “Why is it extinguished when you die?” 1979 0930 – NYT – The Appeal of Life Insurance Fades, But Most Families Still Buy It, By…
Read MoreNewspaperarchive
Newspaperarchive.com newspaperarchive.com/ That figure said the American Council of Life Insurance was a distortion produced by invalid assumptions and sloppy calculations. The correct figure the council said, was 5.9 percent. Bad as that was the council was outraged by the assumption that whole life is a hybrjd of term and savings. “It is wholly life…
Read MoreAmerican Bonded Mortgage Company
American Bonded Mortgage Company 1966 0216 – NYT – Grand Jury Indicts Eight In Bonded Mortgage Case, American Bonded Mortgage Company – [link] — 1p 1966 1223 – NYT – Seven Found Guilt of Securities Fraud, American Bonded Mortgage Company – [link] — 1p ⇒ The Securities and Exchange Commission charged the seven misled the…
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