2000s
2000s – Actuarial – Snippets
2000s – Actuarial – Snippets C. Life Insurance is only Balance sheet where 99% of the reserves (the major liability risk item) include no indication of what the company actually believes about the listed future obligations other than that they are adequate. (p49) 2001 12 – AAA to NAIC – Risk Management in the Insurance…
Read More2000s – NAIC – Insurance Commissioners – Snippets
2000s – NAIC – Insurance Regulators – Snippets (p81) – Thomas Foley said the working group had been charged to make amendments to the Life Insurance Disclosure Model Regulation – (Attachment Three-A) to be consistent with the Life Insurance Illustrations Model Regulation adopted in 1995. (p83) – Thomas Foley said that for a variable product,…
Read More2004 – 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 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) -…
Read MoreCongress – Snippets – 2009
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…
Read More2002 0731 – GOV (Senate) – Class Action Litigation – Patrick Leahy (D-VT)
2002 0731 – GOV (Senate) – Class Action Litigation – Patrick Leahy (D-VT) 2002 0731 – GOV (Senate) – Class Action Litigation, Patrick Leahy (D-VT) — [BonkNote] [PDF-178p, VIDEO-?] Mirel, Lawrence H., Commissioner, District of Columbia, Department of Insurance and Securities Regulation, Washington, D.C. SUBMISSIONS FOR THE RECORD AEGON USA, Inc., Patrick Baird, President and…
Read More2000s – ACLI – Snippets
ACLI – 2000s – Snippets Michael Lovendusky (American Council of Life Insurers — ACLI) …. said the Unfair Trade Practices Act is the bedrock of market practices. 2001-1, NAIC Proceedings, Suitability Working Group Today, life insurers compete directly with non-insurance financial services institutions, such as banks and mutual funds. (p12) — William B. Fisher, Vice…
Read More2009 0402 – GOV (House) – The Collapse and Federal Rescue of AIG, and What it Means for the U.S., Hank Greenberg – AIG – Edolphus Towns (D-NY)
2009 0402 – GOV (House) – The Collapse and Federal Rescue of AIG, and What it Means for the U.S., Hank Greenberg – AIG – Edolphus Towns (D-NY) 2009 0402 – GOV (House) – The Collapse and Federal Rescue of AIG, and What it Means for the U.S., Hank Greenberg – AIG – Edolphus Towns (D-NY) …
Read More2004 0922 – GOV (Senate) – Examination and Oversight of the Condition and Regulation of the Insurance Industry – Richard Shelby (R-AL)
2004 0922 – GOV (Senate) – Examination and Oversight of the Condition and Regulation of the Insurance Industry, Richard Shelby (R-AL) 2004 0922 – GOV (Senate) – Examination and Oversight of the Condition and Regulation of the Insurance Industry, Richard Shelby (R-AL) — [BonkNote] [PDF-104p, VIDEO – Error] – <mp3, mp4> – R ACLI / Prudential…
Read MoreProject – 2008 Financial Crisis – State Regulation
Project – 2008 Financial Crisis – State Regulation Guaranty Funds Shelby, Hunter, McRaith (p16) – Willis B. Howard, Jr. (NOLHGA – National Organization of Life and Health Insurance Guaranty Associations): I’d like to respond briefly to my honorable friend, Commissioner Bartlett. Dwight, the guarantee association system works, and it works well. Dwight K. Bartlett III, Maryland Insurance…
Read More2009 1117 – FCIC – Hearing – Financial Crisis Inquiry Commission – Timothy Geithner – Closed Session
2009 1117 – FCIC – Hearing – Financial Crisis Inquiry Commission – Timothy Geithner – Closed Session 2009 1117 – FCIC – Hearing – Financial Crisis Inquiry Commission – Timothy Geithner, Secretary of the Treasury – Closed Session — [BonkNote] 2009-11-17 FCIC staff audio tape of interview with Timothy Geithner, Department of the Treasury.mp3 [PDF-50p]…
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