Archive for April 2023
Resolution
Resolution Resolution Authority FSB 2011 – FSB – Key Attributes of Effective Resolution Regimes for Financial Institutions in the Insurance Sector FSB adopted the Key Attributes in 2011 VIDEO-Youtube – 10 Years of the FSB Key Attributes of Effective Resolution Regimes for Financial Institutions bis.org/fsi/fsisummaries/fsb_key_attributes.htm fsb.org/2014/10/key-attributes-of-effective-resolution-regimes-for-financial-institutions-2/ 2011 10 – FSB – Key Attributes of Effective…
Read MoreInsurance vs Swaps
Lloyd Bentsen
Lloyd Bentsen 1962 – President of Lincoln Liberty Life Insurance Company (Time-?) Lincoln Liberty Life Insurance, a subsidiary of Lincoln Consolidated Consolidated American Life Insurance Co. (CALICO). 1971-1993 – US Senator – Texas, January 3, 1971 – January 20, 1993 ERISA, IRAs, Holding Companies 1993-1994 – Secretary of the Treasury, January 20, 1993 – December…
Read MoreKorea
Korea KB Life Insurance Co., Ltd. and Prudential Life Insurance,
Read MoreAIG Annuity Insurance Company
AIG Annuity Insurance Company now known as Western National parent company, AGC Life Insurance Company NATIONAL WESTERN LIFE INSURANCE COMPANY V. WESTERN NATIONAL LIFE INSURANCE COMPANY AND AGC LIFE INSURANCE COMPANY – Cause No. A-09-CA-711 LY Doc 202 – Order – 15p Legal Cases Missouri https://insurance.mo.gov/CompanyAgentSearch/CompanySearch/compSearchDetails.php?id=125347&t=CC&n=WESTERN%20NATIONAL%20LIFE%20INSURANCE%20COMPANY 2010 1201 – WSJ – Fresh Details on the Fed…
Read MorePunitive Damages
Punitive Damages 1997 – LR – Punitive Damages Reform: The Case of Alabama, by George L. Priest – 17p Gallant v. Prudential 27. Gallant v. Prudential Life Ins. Co., Barbour County, AL, CY·93-S0 (1994) Ferguson v Crown Life
Read More2023 – IAIS – Draft – Issues Paper on roles and functioning of Policyholder Protection Schemes (PPSs)
2023 – IAIS – Draft – Issues Paper on roles and functioning of Policyholder Protection Schemes (PPSs) 2023 – IAIS – Draft – Issues Paper on roles and functioning of Policyholder Protection Schemes (PPSs) – 48p This Paper was developed as a follow-up to the “Issues Paper on Policyholder Protection Schemes” that was published in October 2013…
Read MoreFerguson v Crown Life / Casteel – 91-11537
Ferguson v. Crown Life / Casteel – 91-11537 Crown Life v. Casteel – 98-0218 Case No. D-1-GN-91-011537 Two weeks ago in the National Underwriter, there was a report of the working group’s meeting in Philadelphia, and on the same page was a writeup about an agent who had won a very large amount of money from…
Read MoreAmerican Banker
American Banker 2014 – Mercatus / American Banker – AIG’s Collapse: The Part Nobody Likes to Talk About, Hester Peirce – [link] p119-120, 2017 1024 – GOV (House) – The Federal Government’s Role in the Insurance Industry, Sean Duffy (R-WI) — [BonkNote] 1996 0102 – American Banker – A life insurance time bomb in trust – and how to defuse…
Read MoreLawsuits
Lawsuits Law – Index Legal Cases – Index Legal Cases – Snippets – Other There are problems waiting to emerge that will be uncovered by lawsuits, not the regulators, or by the media. Consider life insurance market conduct abuses of a decade ago. The largest life insurers told people their premiums would disappear, and confused…
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