Bonk
Can’t Say – Examples
Can’t Say – Examples A major problem that must be overcome with such monitoring systems is that of avoiding the self-fulfilling prophecy. A monitoring system that identifies high-risk behavior can actually trigger the bad luck required to actually send a company under. For instance, a system that identifies a life insurer as having high potential…
Read MoreRecent Finds
Recent Finds Schumer, IndyMac <WishList> – Letters 1979 1127 / 1980 0303, 0306 and 0501, 0522 – GOV (House) – Confidentiality of Insurance Records, Richardson Preyer (D-NC) Insurance Records Hearings [PDF-689p-GooglePlay] (p1) – Richardson PREYER (D-NC) – Today the subcommittee begins hearings on the administration’s Fair Insurance Information Practices Act. The bill sets uniform nationwide…
Read MoreArchive.org – 2023
Archive.org – 2023 2007 – House – Committee on Financial Services 2007 0315 – H – LEGISLATIVE PROPOSALS ON GOVERNMENT- SPONSORED ENTERPRISE (GSE) REFORM 2007 0425 – H – H.R. 698, THE INDUSTRIAL BANK HOLDING COMPANY ACT OF 2007 2007 0426 – H – CREDIT CARD PRACTICES: CURRENT CONSUMER AND REGULATORY 2007 0613 – H…
Read MoreInformation to Ask For – BonkNote
Information to Ask For – BonkNote Roddy Boyd 2015 0122 – The Foundation for Financial Journalism – The Past Imperfect: Mr. Neuger and Mr. Fitzmaurice Would Like Your Money, Again, by Roddy Boyd – [link] In the aftermath of AIG’s bailout, Neuger was interviewed several times by congressional officials and federal regulators examining AIG’s role…
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Letter – ACLI
Letter – ACLI 2019 0917 – LIIIWG – Life Insurance Illustrations Issues Working Group – NAIC – Proceedings (Fall, 6-77) – Cost of Insurance – [BonkNote] Richard Wicka (Chair – WI): This is probably more for the Universal Life Products, but how do we want to capture the concepts like Cost of Insurance and other fees in…
Read MoreBonk – Different Knowledge Bases
Bonk – Different Knowledge Bases Derivatives – 2015 1208 – GOV (House) – Oversight of the Financial Stability Oversight Council [PDF-146p, VIDEO-YouTube] (p60-62) Debbie Matz, Chairwoman, National Credit Union Administration David Schweikert – (R-AZ). (p62) – David Schweikert – (R-AZ). I will give this one to you in writing because we are talking past each other because…
Read MoreBonk – Phrases
1919 – INDIVIDUAL RESERVES IN LIFE INSURANCE, By H. W. BUTTOLPH 1919 – The Record, Volumes 7-8, By American Institute of Actuaries – 649p (GooglePlay) MR. FAIRLIE: I have read with a great deal of interest Mr. Buttolph’s paper on ” Individual Reserves in Life Insurance.” With much of what he says I am in…
Read More2008 – AIG – Sandbox
2008 – AIG – Sandbox 2008 0807 – Moody’s – Global Credit Research Rating Action – Rating Action: American International Group, Inc. – Moody’s reiterates negative outlook on AIG; US life ops negative AIG SunAmerica funding agreement-backed note programs — AIG SunAmerica Global Financing Trusts, ASIF I & II, ASIF III (Jersey) Limited, ASIF Global…
Read MoreSales of Insurance Companies / Blocks of Business
Sales of Insurance Companies / Blocks of Business National Financial of Waco was attracted to the $63.8 million block of policies that included the Eplands’ because Texas regulations allowed the company to reduce the reserves needed to cover claims arising from those policies by $18 million, a stroke of accounting magic that created more than…
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