Chicago Tribune 1982 0713 – Chicago Tribune – Universal Life Insurance Trapped Between IRS, Congress – [BonkNote] 1992 0126 – Chicago Tribune – Liquidation Comes for Lavish Insurer, by Laurie Cohen, (InterAmerican Insurance Co. of Illinois)  —  [link]

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Legal Cases – Media 1995 0103 – WSJ – Fine Print Victims: Some Agents ‘Churn’ Life Insurance Policies, Hurt Their Customers, Prudential, by Leslie Scism – <WishList> 1997 1024 – WSJ – MONY Wins Dismissal of Suit Over ‘Vanishing Premium’ Policies, by Leslie Scism – [link]   2018 1004 – APNews – Aegon: Transamerica Settles Universal Life…

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2008 Financial Crisis – Media AIG – Media AIG – Securities Lending – Media 2009 1204 – Bloomberg – Geithner Slams Bonuses, Says Banks Would Have Failed (Update2), (Goldman Sachs), by Robert Schmidt – 2p

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Monolines – Media 2008 0228 – FT (Financial Times) – Markets Assess the Costs of a Monoline Meltdown, by Gillian Tett – But the monoline issue has raised anxiety about whether other counterparties in the CDS world, such as hedge funds, will be able to honour their contracts if corporate defaults rise. While the International…

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Forbes The ACLI’s Dolan says the size of the premium depends on the returns on the options in the policy. “The fact is, in a different (and better) economic environment, less in premiums would be paid than originally planned,” he notes. “Owners of this product must be aware of exactly how it works, because, unlike certain other types of life…

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Retirement Income Journal 2022 0603 – Retirement Income Journal – NAIC Reassures Congress on Private Equity-Led Insurers, By Kerry Pechter  —  [BonkNote]  —  [link]

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Newspaperarchive.com newspaperarchive.com/ That figure said the American Council of Life Insurance was a distortion produced by invalid assumptions and sloppy calculations. The correct figure the council said, was 5.9 percent. Bad as that was the council was outraged by the assumption that whole life is a hybrjd of term and savings. “It is wholly life…

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Schiff’s Insurance Observer insuranceobserver.com/ Index – 103p 2004 0616 – Schiff’s Insurance Observer – Insurance Regulator Sucks up to Big Insurers: Makes Public Data Secret, Volume 16, Number 8 – 4p The scandals uncovered by the Armstrong Committee were major news stories in 1905 and 1906. Schedule G – Company compensation data , Joseph Belth…

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2000s – Newspapers 2004 0703 – The Hartford Courant – MassMutual Reaches Settlement – [link] MassMutual has agreed to settle long-standing class-action litigation that accused the company and its representatives of misleading sales practices. The settlement would cover owners of certain life and disability insurance policies between 1983 and 2003, and would resolve litigation filed in…

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