Archive for September 2023
Eli Broad
Eli Broad SunAmerica Wikipedia – Eli Broad Homebuilding – Kaufman and Broad Home Corporation (now KB Home) Start – 1956 Went Public – 1961 In 1971, Broad acquired Sun Life Insurance Company of America, a family-owned insurance company founded in Baltimore in 1890, for $52 million.[11] Broad transformed Sun Life into the retirement savings powerhouse…
Read More1970s – 1980s – LIBG – Life Insurance Buyer’s Guide – Wisconsin
1970s / 1980s – LIBG – Life Insurance Buyer’s Guide – Wisconsin Wisconsin Task Force William SNELL. Northwestern Mutual – In Wisconsin in July 1977, the state held a hearing on the NAIC Model Life Insurance Solicitation Regulation. Most people present suggested that it be adopted. Nothing happened until May 1978, when a new regulation…
Read MoreEconomatic
Economatic 1979 – FTC – Report – Life Insurance Cost Disclosure, Federal Trade Commission – 460p 1979 1011 and 1022 (Part 1) – GOV (House) – Small Business Problems with Insurance, John LaFalce (D-NY) Part 1 – 1979 1011/22 – [PDF-337-GooglePlay] FTC Life Insurance Survey Economatic House – Committee on Small Business – Subcommittee on General Oversight and…
Read More1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure System – LIDS – NAIC
1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure System – LIDS – NAIC Task Force on Life Insurance Disclosure System – LIDS – NAIC — [BonkNote] 1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure System – LIDS – NAIC — [BonkNote] 1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure…
Read MoreWilliam Snell
William Snell Statement of The Northwestern Mutual Life Insurance Company, William M. Snell ……702 1981-1, NAIC Proceedings – Task Force on Life Insurance Disclosure System – LIDS – NAIC — [BonkNote] Wisconsin Task Force William SNELL. Northwestern Mutual – In Wisconsin in July 1977, the state held a hearing on the NAIC Model Life Insurance Solicitation…
Read MoreMuni-GICs – Guaranteed Investment Contracts
Muni-GICs Executive Life Insurance Company AIG – AIGFP (p4) – Mr. Schreiber provided an overview of the Project Metropolis structure, which addresses liquidity demands related to AIGFP’s municipal guaranteed investment agreement portfolio on a downgrade. He explained that the structure effectively gave AIGFP the ability to put its obligations to post collateral under the municipal…
Read More2010 0430 – FCIC – Interview – James M. Mahoney – FRB-NY – 6p
2010 0430 – FCIC – Interview – James M. Mahoney, FRB-NY – 6p 2010 0430 – FCIC – Interview – James M. Mahoney, FRB-NY – Team Leader: Dixie Noonan — [BonkNote] — 6p AIG – Securities Lending, Maiden Lane II, AIGFP, GIC’s, OTS, Insurance Regulators Mr. Mahoney said that he first became involved with AIG was…
Read MoreJudges – Snippets
Judges – Snippets Judges – 201x – LC – Walker v LSW, Life Insurance Company of the Southwest 2013 0905 – LC – Johnston & Johnston v. Conseco – 5th Circuit Court of Appeals – 13-30010 – Oral Argument – mp3 — [BonkNote] — [link-mp3-audio] 20 – Judge Carl Stewart – usually the Policy Due Date is…
Read MoreRussia
Russia Box 2: Financial Literacy Survey in Russia Source: World Bank, Russian Federation: Diagnostic Review of Consumer Protection in Financial Services, 2009 Of the consumers who do not save, nine percent gave the reason as “lack of trust in financial institutions.” Only 11 percent of households have insurance policies, whereas 21 percent of consumers consider…
Read MoreNet Cost
Net Cost A. “Net cost formulas at present in use for participating insurance should be superseded by a sound net cost formula which would include the investment value of the premium dollar and ignore the averaging of dividends.” In view of the above and similar criticisms, are the traditional average net cost and average net…
Read More