companies-insurance – Page 19

Lincoln Life We designed commission rules that anticipated a relatively large number of rollovers of existing policies;. ..full commissions are paid provided the new Universal Life face amount is at least two times the face amount of the replaced policy. — Phillip B. Norton, not a member of the Society, is Vice President of The…

Fidelity Union Life James Collins (R-TX) Former member of the U.S. House of Representatives Father, Carr Collins Sr., founded the Fidelity Union Life Carr Collins Sr. W. Lee O’Daniel, Texas Governor / US Senator – pics 1979 – LC – Perry v. Fidelity Union – Google Scholar wikipedia.org/wiki/Fidelity_Union_Life_Insurance_Company The ranking Republican on the subcommittee Rep James…

The Hartford The Hartford The Solution Legal Case – Wisconsin Henry Katz, Hartford Insurance Group, noted in response to the calls for disclosure on universal life insurance products that the Hartford is offering the new product in a way to provide full disclosure. He offered his company’s assistance in developing any new regulation of this…

MetLife MDL-1091 – IN RE: Metropolitan Life Insurance Company Sales Practices Litigation 1994 – NAIC – Special Committee on Metropolitan Life Brighthouse FSOC – MetLife – Designation MetLife v FSOC – Legal Case MetLife – FHLB MetLife – Legal Cases In its June 7, 1994 Consent Order #94-102, the NJDBI cited N.J.S.A. 17B:30-3 and N.J.A.C. 11:2-23.4…

Life of Virginia Its fundamental “mechanics” are indistinguishable from those underlying traditional life insurance products. [Bonk: Its = Universal Life] — Samuel H. Turner, President – The Life Insurance Company of Virginia 1982 – Journal of Insurance Medicine – 1p TEFRA has also assisted Universal Life sales considerably and will continue to do so. As the Life of…

Organized Crime Mafia 1967 – DOJ – Task Force Report: Organized Crime, Annotations and Consultants’ Papers, US Department of Justice – 135p 1971 – ABA – The Forum – index to volumes I-ix – The Mobster and His Life Insurance— Misrepresentation of Occupation as Ground for Avoiding a Life Insurance Policy, Vol. VI, No. 2,…

ELIC – Executive Life – California To bolster their statutory surplus and reported financial condition, the four insurers reduced policy reserves on their balance sheets through reinsurance transactions and received from their parent holding companies millions of dollars in surplus infusions and loans. Although reinsurance is a legitimate practice in the life insurance industry to…

EF Hutton Alan Richards Universal Life – First Policy – EF Hutton Total Life 1981 09 – Changing Times – Kiplinger’s Personal Finance – Hutton Complete Life Such a product could be quite competitive and popular with stock brokerage houses who are used to low comnission structures. E. F. Hutton’s Life of California subsidiary is…

LIMRA – Life Insurance Marketing and Research Association limra.com/ limra.com///company/ 1990-1A, NAIC Proceedings – NAIC / LIMRA – Universal Life Disclosure Form Focus Group Summary — [BonkNote] — 10p LOMA, parent organization, LL Global Robert Kerzner “Trends in Life Insurance Ownership” study – <WishList> Our research generally indicates that the public can be best described…