1990s – NAIC – Insurance Regulators – Snippets 1991 0717 – NAIC Testimony – Terence Lennon, New York Department of Insurance – 17p (p4) – Individual Products The most important feature of the new individual products was the unbundling or separation of the fund accumulation from the mortality function. In this way the consumer could be shown his…

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1997 1030 – GOV (Senate) – Class Action Lawsuits: Examining Victim Compensation and Attorneys’ Fees, Charles Grassley (R-IA) 1997 1030 – GOV (Senate) – Class Action Lawsuits: Examining Victim Compensation and Attorneys’ Fees, Charles Grassley (R-IA)  —  [BonkNote] [PDF-97p-GooglePlay] Senate – Committee On The Judiciary – Subcommittee On Administrative Oversight And The Courts (p59) -…

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1990s – ACLI – Snippets I’m going to discuss what Norm referred to as consumer disclosure forms. To date, no state has adopted these forms. Why this complete lack of action after all the effort in developing the forms? One possible reason is that, during the early part of the year, state insurance departments are…

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1996 – Report of The Multi-state Life Insurance Task Force and Multi-state Market Conduct Examination of The Prudential Insurance Company of America (p13-14) – Prudential’s efforts to ensure that its agents understood and explained to consumers the effect of the change in dividend practices were largely unsuccessful and may have resulted in many cases, in…

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1991 – SOA – Illustrations, Society of Actuaries – 20p 1991 – SOA – Illustrations, Society of Actuaries  —  [BonkNote]  —  20p JUDY FAUCETT: We’re going to discuss the preliminary report of the Task Force for Research on Life Insurance Sales Illustrations. 1991-1992 – SOA – Final Report* of the Task Force for Research on Life Insurance Sales Illustrations,…

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Grove vs. Principal Mutual Life 1997 – LC – Grove vs. Principal Mut. Life Ins. Co. (Formerly Bankers Life) Case NO. 4-97-CV-70224 District Court – Southern District of Iowa 1992 – LC – Grove vs. Principal – Adjustable Life Insurance – Policy Data Page, Jerry Grove – 4p Not on Pacer.gov The Groves cannot establish that…

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Gallant vs. Prudential Thomas James Methvin –  Gallant v. Prudential, which resulted in a $25,000,000.00 jury verdict. alabamajustice.org/?pg=SustSpotlight 1995 0501 – Congressional Record-House – p11424 – 95p EXHIBIT 1 – TESTIMONY OF PROF. GEORGE L. PRIEST BEFORE THE SENATE COMMITTEE ON THE JUDICIARY 1995 0404 and 0726 – GOV (Senate) – Punitive Damages: Tort Reform and…

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