November 2023 – Page 4

2004 – LR – PSLRA, SLUSA, and Defrauded Retirement Investors: Overlooked Side Effects of a Potent Legislative Medicine, by Michael J. Borden 2004 – LR – PSLRA, SLUSA, and Defrauded Retirement Investors: Overlooked Side Effects of a Potent Legislative Medicine, by Michael J. Borden — [BonkNote] — 60p Contract with America (p52 / 730) -…

1980s – Congress – Snippets 1980 0207 – Congressional Record – Senators Howard Cannon (D-NV), Howard Metzenbaum (D-OH), John Durkin (D-NH), re: FTC, McCarran-Ferguson Act – p2382 – congress.gov/bound-congressional-record/1980/02/07/senate-section (p2367-2368) – Senator Howard Cannon (D-NV) – Mr. President, at the time of the markup in the Senate Commerce Committee on the FTC bill, I held the…

1980s – Actuarial – Snippets Whenever you are working on something new and innovating, it is always a good idea to look back and see what the ancients called it. — Charles W. McMahon 1980 – SOA – Product Innovation – Response to Consumer Needs in the 1980’s, Society of Actuaries – 14p Some of our…

Non-Participating Policies Premium Considerations The non-guaranteed premium concept can be utilized for all forms of nonparticipating insurance, including both term and permanent policies. In setting insurance premiums, the actuary can use pricing assumptions that are as realistic as possible. The actuary is not locked into “50 years” of insufficient premiums if his or her estimates…

American College of Financial Services theamericancollege.edu/ Ed Slott theamericancollege.edu///ed-slott-companys-ira-success

Randy Barkacs Randy Barkacs, Western Southern: … said many consumers cannot distinguish between universal life and whole life. … said a narrative explanation was needed because many did not understand the numbers or the fact that a universal life policy might drain the cash value until there was no coverage left. 1994-3, NAIC Proceedings Randy…

Mysteries 1873 – Book – Politics and Mysteries of Life Insurance, by Elizur Wright – 265p — [BonkNote] — [GooglePlay-link] Irving Rosenthal, Guardian (1908-1990) – SOA///Obituaries/1990 One of his favorites, repeated at an actuarial meeting, was to refer to the actuarial department as the “high priestess of life insurance mysteries.” 1905 – Great Round World – Volume 26 – https://books.google.com…

Congress – Snippets – 2009 (p5) – Senator Richard Shelby (R-AL): The causes of AIG’s collapse raise profound questions about the adequacy of our existing State and Federal financial regulatory regimes. 2009 0305 – GOV (Senate) – American International Group: Examining What Went Wrong, Government Intervention, And Implications for Future Regulation, (CSPAN) Government Intervention and Regulation of…

Congress – Snippets Congress – Snippets – 2009

VA – US Department of Veterans Affairs VA – US Department of Veterans Affairs – va.gov/ va.gov/life-insurance/ SGLI -Servicemembers’ Group Life Insurance – va.gov/life-insurance/options-eligibility/sgli/ M29-1 Insurance Operations -benefits.va.gov/WARMS/M29_1.asp Military NSLI – National Service Life Insurance