John Montgomery Regulator/Actuary – California John Montgomery commented on the flexible premium universal life policy and the fact that it is not really a whole life policy, but a term policy until the premium is actually paid. [Bonk: John Montgomery = Regulator/Actuary – California] 1988-2, NAIC Proc. Bob Wright [VA] asked the California Department attendees…

Read More

Mosten Investments LP v The Manufacturers Life Insurance Company (Manulife Financial), 2021 SKCA 36 (CanLII) 2019 – Queen’s Bench for Saskatchewan 2019 – LC – Mosten Investment v. Manufacturers Life – Queen’s Bench for Saskatchewan  —  [BonkNote] canlii.org/en/sk/skqb/doc/2019/2019skqb76/2019skqb76.html#document Decision – 183p Citation: 2019 SKQB 76 Date:  2019 0315 Docket:  QBG 1597 of 2016 / QBG 1519 of…

Read More

Chuck Schumer 2005 Military 2005 1117 – GOV (Senate-Banking) – A Review of the GAO Report on the Sale of Financial Products to Military Personnel  —  [BonkNote]  —  [PDF-89p]   2008  IndyMac 2007 0722 – WSJ – U.S. Regulators Shut Down IndyMac, Blame Senator’s Letter (Senator Chuck Schumer), By Tom Barkley – [link] 2008 0626 – Letter…

Read More

ManuLife Toronto-based Manulife is one of the biggest life insurers in the world and operates in the U.S. as John Hancock. 2018 1004 – ThinkAdvisor – Muddy Waters Shorts Manulife on Risks in Universal Life Trial, By Erik Schatzker, Katherine Chiglinsky and Ivan Levingston – [link] LC – Mosten Investments LP v The Manufacturers Life Insurance…

Read More

John Durkin John Durkin – (D-NH) 1968-1973 – New Hampshire Insurance Commissoner 1973 / 1974 – GOV (Senate) – The Life Insurance Industry, Philip Hart (D-MI) – 4 Parts  —  [BonkNote-Overview] 1973 0221 and 0222 – GOV (Senate) – The Life Insurance Industry – Philip Hart (D-MI)  —  [BonkNote-Part 2 of 4]  —  [PDF-733p-GooglePlay]  1975-1980…

Read More

Fund-Based Products Commissioner David Lyons (Iowa) convened the Life Insurance (A) Committee for the purpose of conducting a hearing on the Second Standard Nonforfeiture Law for Life Insurance and the Standard Nonforfeiture Law for Deferred Annuities.  Bill Carroll (American Council of Life lnsurance-ACLI) said the ACLI did not believe the life insurance model should be…

Read More

John Osorio John Osorio 1955-1957 – Texas Insurance Commissioner govinfo.gov/content/pkg/GPO-CRECB-1971-pt21/pdf/GPO-CRECB-1971-pt21-5-2.pdf National Bankers Life Insurance Company Warren Commission – aarclibrary.org/publib/jfk/wc/wcvols/wh25/pdf/WH25_CE_2204.pdf insurancejournal.com/magazines/mag-features/2000/09/25/20969.htm 1972 – Prison Time – Embezzling from Pension fund, Insurance Company 2000 – Wins Lottery

Read More

IndyMac 2007 0722 – WSJ – U.S. Regulators Shut Down IndyMac, Blame Senator’s Letter (Senator Chuck Schumer), By Tom Barkley – [link] Sheila Bair, FCIC Chair John Reich, OTS Director Darrel Dochow Chuck Schumer, US Senator – (D-NY, 1999-Current (as of 2023)) 2008 0626 – GOV (Senator Chuck Schumer (D-NY) tp FDIC (Sheila Bair, Chair) and…

Read More