companies-insurance – Page 9

ManuLife Toronto-based Manulife is one of the biggest life insurers in the world and operates in the U.S. as John Hancock. 2018 1004 – ThinkAdvisor – Muddy Waters Shorts Manulife on Risks in Universal Life Trial, By Erik Schatzker, Katherine Chiglinsky and Ivan Levingston – [link] LC – Mosten Investments LP v The Manufacturers Life Insurance…

IndyMac 2007 0722 – WSJ – U.S. Regulators Shut Down IndyMac, Blame Senator’s Letter (Senator Chuck Schumer), By Tom Barkley – [link] Sheila Bair, FCIC Chair John Reich, OTS Director Darrel Dochow Chuck Schumer, US Senator – (D-NY, 1999-Current (as of 2023)) 2008 0626 – GOV (Senator Chuck Schumer (D-NY) tp FDIC (Sheila Bair, Chair) and…

Subsidiaries Until fairly recently, subsidiaries were not an important aspect of the life insurance business. In the 1960’s, however, there was a strong movement toward diversification via subsidiaries to enable life insurance companies to market other products and skills to meet all of an individual’s needs for financial security, and also to move into other…

Credit Suisse 2023 0316 – Bloomberg – Charting How Years of Stumbles Led Credit Suisse to Crisis – [link] 2009 0315 – AIG Press Release – AIG Discloses Counterparties To CDS, GIA And Securities Lending Transactions – 6p Attachment D – Payments to AIG Securities Lending Counterparties Institution Payments to Counterparties by U.S. Securities Lending — Total $43.7 <International…

AEGON aegon.com/ Academy Life Insurance Company 2002 1219 – Press Release – DoD Inspector General – Inspector General Acts to Protect Warfighters From Predatory Practices – 8p Defendant Academy Life Insurance Company (“ALIC”) is domiciled in Missouri and its corporate headquarters is located in Frazer, Pennsylvania. Since 1997, ALIC has been a subsidiary of Aegon…

IDS Life Insurance Company For a good summary of the development of the NAIC Model Variable Life Regulation, Rule 6e-2 and the state and federal issues associated with variable life insurance, I would refer you to a Connecticut Law Review article written by Paul Mason and Steve Roth of the Washington law firm of Sutherland, Asbill & Brennan. That…

American Founders Life Insurance Co. 2022-? – Sagicor – The Genesis of a Company – 17p Sagicor – The Company began its existence as American Founders Life Insurance Company in Austin, Texas, on April 20, 1954

Sun Life of Canada 2010 – LC – Sun Life Assurance Company of Canada v. Metropolitan Life Insurance Company – Judgement – Ontario – Superior Court — [BonkNote] — 8p Fehr v Sun Life Assurance Company of Canada – Ontario – [BonkNote] 2018 0905 – LC – Fehr v Sun Life – Decision – Ontario – Court of…

Boston Mutual Life Insurance Company Military Boston Mutual Life Insurance Company 2006 0528 – Boston Mutual Life – Multi State Exam, Regulatory – 16p Massachusetts (Lead Regulator), Texas, Georgia 2006 0227 – Boston Mutual Life – Report on the Limited Scope Multi-State Market Conduct Examination of Boston Mutual Life Insurance Company, by the Office of…

American Fidelity 1998 0717 – Tampa Bay Times – Insurers Accused of Bilking Recruits – [link] The problem, investigators and prosecutors say, is that customers did not read the pamphlets, simply taking the word of persuasive sales agents. “American Fidelity obviously is not in a position to know exactly what is said at each point-of-sale,” the companies’…