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CC – 1993 When and 2005 Military
CC – 1993 When and 2005 Military and 2022 Current Issues in Insurance Many insurance companies even have a way to get a consumer’s money without the consumer ever knowing about it. Most policies have a clause that allows the company, without telling the policyholder, to dip into the savings component of their life insurance…
Read MoreSB – CSPAN
SB – CSPAN 2024 0815 2010 0624 – Conference on Financial Regulations Bill, Day 7, Part 1 2011 0915 – Securities Exchange Commission Oversight, Part 1, 2015 0527 – Retirement Savings Protections 2016 0526 – Senate Session, Part 1 2016 0524 – Senate Session, Part 2 2013 0726 – Retirement Planning 2008 0716 – Saving…
Read MoreADD
ADD – AIG (p48) – Carolyn Maloney (D-NY) – So if Financial Products was walled off and allowed to fail, the insurance portion would be safe and sound, and going forward, is that correct? Joel Ario (NAIC – PA – Insurance Commissioner) – Yes, the assets would be there and would be protected. 2009 0318 -…
Read MoreSB – IAIS – 2022
SB – IAIS – 2022 2022 – House of Commons – Treasury Committee – Future of financial services regulation, First Report of Session 2022–23 – 68p <Words: Risk Margin, long-term products, matching adjustment, illiquid assets, matching adjustment benefit> (p43) – 140. Vicky Saporta, Executive Director, Prudential Policy Directorate, Prudential Regulation Authority (PRA), and Charlotte Clark, Director…
Read MoreAIG v Executive Life Insurance Company
AIG v Executive Life Insurance Company 1991-1, NAIC Proceedings – 10. Special Report on Executive Life Companies Jim Schacht delivered a special report on the Executive Life Companies. He reported that since January 1990 a special committee has been addressing the situation with regard to Executive Life Insurance Companies. It was noted that the financial evidence…
Read MoreDots – NAIC – Working Groups – 2013 Forward
Dots – NAIC – Working Groups – 2013 Forward 2. Ensure customer awareness of the likelihood for variability of returns; — ACLI Letter 2014-, NAIC Proceedings 2017 1106 Life Insurance Buyer’s Guide (A) Working Group Conference Call Attachment Four Life Insurance and Annuities (A) Committee Brenda Cude (University of Georgia) said the issue of…
Read MoreNAIC – Life Insurance Information – BonkNote
NAIC – Life Insurance Information – BonkNote (p14) – Terri Vaughan – (NAIC, CEO / IA): So what we try to do is educate consumers about the critical importance of this issue. We spend a lot of money on consumer education. We created a Web site, Insure U Web site, for consumers to go to…
Read MoreLIBG – Life Insurance Buyer’s Guide – Lawsuits
NAIC – Life Insurance Info – Add NAIC Be Sure You Can Afford the Premium Payments Before purchasing a life insurance policy, be sure that you can afford the cost. Can you afford the initial premium? If the premium increases later, will you still be able to afford it? Legal Cases Blumenthal v New York…
Read MoreProtected: Caroline
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Read MoreLong-Term Care Insurance
Long-Term Care Insurance 1991 0531 – GOV – HHS – ASPE – Report – The Federal Role in Consumer Protection and Regulation of Long-Term Care Insurance – 90p aspe.hhs.gov/reports/federal-role-consumer-protection-regulation-long-term-care-insurance-1 (p16) – 19 Consumer Reports, “Gotcha! The Traps in Long Term Care Insurance,” June, 1991, p. 427. After, listening to fourteen sales presentations for long term…
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