1990s – Page 8 – [BonkNote]

Government Hearings – 1993 1993 0311 – GOV (Senate) – “Money’s Worth” of Social Security, Daniel Moynihan (D-NY) Senate – Finance Committee 1993 0422 and 0428 – GOV (House) – Federal Insurance Solvency: H.R. 1290 – A Bill to Ensure the Financial Soundness and Solvency of Insurers, and for Other Purposes [PDF-643p-GooglePlay, VIDEO-?] House -…

Government Hearings – 1992 1992 0129 – GOV (House) – Insurance Rating Companies, Cardiss Collins (D-IL) [PDF-205p-GooglePlay] >Fred Carr, Executive Life (p1) – Cardiss Collins, Chair (D-IL) – Today’s hearing will examine the role of insurance rating companies. As consumers become increasingly concerned about the solvency and financial stability of their insurance companies, the rating companies…

Government Hearings – 1991 1991 0716 – GOV (House) -<WishList> California – Richard D. Baum, Chief Deputy Insurance Commissioner House – Committee on Education and Labor – Subcommittee on Labor-Management Relations RTC: In the Midst of America’s Real Estate Crisis, Hearing before the Resolution Trust Corporation Task Force of the Subcommittee on Financial Institutions Supervision,…

Government Hearings – 1990 1990 0321 and 0322 – GOV (House) – International Competitiveness of U.S. Financial Institutions, John J. LaFalce (D-NY) [PDF-105p-GooglePlay, VIDEO-?} House – Committee on Banking, Finance, and Urban Affairs – Subcommittee on Financial Institutions Supervision, Regulation and Insurance, Task Force on the International Competitiveness of U.S. Financial Institutions 1990 0406 -…

Financial Services Competitiveness Act of 1995 congress.gov/bill/104th-congress/house-bill/1062 govinfo.gov/app/details/BILLS-104hr1062ih/summary Full Title – To enhance competition in the financial services industry by providing a prudential framework for the affiliation of banks, securities firms, and other financial service providers. Sponsors – James A. Leach (IA) Committees – Committee on Banking and Financial Services (Standing), Committee on Commerce (Standing)…

Life Insurance Illustrations Model Regulation – LIIMR – 582 – NAIC Life Insurance Illustrations Model Regulation – LIIMR – 582 – NAIC Proceedings – Citations — [BonkNote] George Coleman, Prudential, ACLI, TRG-Technical Resource Group for the NAIC (Industry Advisory Group – Illustrations) Obviously, this isn’t the first time the industry and the regulators have become involved…

1990s – Government Hearings – Snippets 1993 0525 – GOV (Senate) – When Will Policyholders Be Given The Truth About Life Insurance? We are seeing a real crisis in confidence: – That, in my mind, is probably the worst thing that could happen. – There is not a company in the country that can stand…

1990s – Agent – Snippets (p117) – If the life insurance industry were serious about offering competitively priced policies to consumers, it would ask itself why total life insurance premium receipts of all U.S. companies in 1990 is less than the sum of new premium purchases over the last 9 years. Why does it appear…

1990s – Crisis The disaster we fear is the looming crisis of confidence, of lost credibility, of spreading fear among the public and, ultimately, of a “run on the bank” as policyholders pull their money out of the insurance industry. – (p160) — Prepared Statement: Martin D. Weiss, President, Weiss Research, Inc. 1991 0227, 0507, 0509…

1992 0623 – GOV (Senate) – Consumer Disclosure of Insurance 1992 0623 – GOV (Senate) – Consumer Disclosure of Insurance, Howard Metzenbaum (D-OH) — [BonkNote] [PDF-323p-GooglePlay, VIDEO-?]->Not on govinfo.gov – R ….on concerns relating to the adequacy of financial disclosures made in connection with the purchase of whole life insurance policies. Judy Faucett 1991-1992 – SOA…