Project – NAIC – Snippets – 2014 2014 2014 0114 – NAIC Proceedings  LATF CC – RE: IULISG – Indexed Universal Life Illustrations Subgroup John Bruins (American Council of Life Insurers – ACLI) said there are a wide range of practices in the area of policy illustrations, particularly for indexed universal life (UL) policies. 2014…

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2022 0908 – GOV (Senate) – Current Issues in Insurance 2022 0908 – GOV (Senate) – Current Issues in Insurance – SandBox 2022 0908 – GOV (Senate) – Current Issues in Insurance, Sherrod Brown (D-OH)  —  [BonkNote]  VIDEO banking.senate.gov/hearings/current-issues-in-insurance VIDEO-CSPAN – Hearing on Insurance Industry Practices VIDEO-YouTube. [Bonk: Missing a piece of Toomey video] Senator Sherrod…

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FSOC – MetLife – Explanation of the Basis of the Financial Stability Oversight Council’s Final Determination…. MetLife v FSOC 2014 1218 – LC – MetLife v. FSOC – D85-2, 85-2 – 15-cv-45 – Explanation of the Basis of the Financial Stability Oversight Council’s Final Determination that Material Financial Distress at MetLife Could Pose a Threat…

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Dots – Letter FSOC MetLife Designation Run Implausible – Woodall, Hamm, etc. Reputational Risk 1980s SOA Dots – Examples Dots – Policyholder Runs Dots – Illustrations Dots – Tools – Policy Summary / Coverage Period / Illustration LIRP – MetLife – Legal Cases – Nurses Runnable Liability PBS – Ed S Walker v LSW Illustration…

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Dots – Policyholder Runs No Runs on Life Insurance Run – Examples 2015 1119 Oversight of FSOC – Wagner [Have there ever been Runs on Life Insurance Companies? Yes] 1991 – FRB – Monetary Policy and Open Market Operations During 1991 – 123p Many life insurance companies had been hurt by declining real estate values, as…

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Universal Life – Marketing Richard F. Fisher sums up his viewpoint thus : Universal Life is marketed as a tax-free money market fund, or other short-term investment vehicle, with term insurance available to be purchased from the fund. Current high short-term yields are illustrated for very long periods of years. Continuance of the term piece…

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CSO On the regulatory front, we have 2001 CSO coming into play. That will help UL writers and variable life writers. It reduces the cost of reserves when we provide guarantees to clients. However, the impact on term and UL is probably moderate, probably low. On the variable life side, a number of variable life…

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LIRP – Life Insurance Retirement Plan LIRP Life Insurance Retirement Plan Life Insurance Retirement Planning Life Insurance in Retirement Planning SLIRP ESLIRP – Executive Supplemental Life Insurance Retirement Plan  199xs – Metlife – legal case – Nurses LC – Walker v Life Insurance Company of the Southwest  —  [BonkNote] Doug Andrew LASER Fund David McKnight 2012…

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