Media
Media – Lawsuits
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…
Read More2008 Financial Crisis – Media
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
Read MoreMonolines – Media
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…
Read MoreForbes
Forbes 1979 09 – Forbes – V124 – 1778p – ia800603.us.archive.org/3/items/forbes124sepforb/forbes124sepforb.pdf Merrill Lynch Life Agency – Occidental Insurance companies advertise policies and ask you to pay the premiums with your charge card. Imag- ine, paying 18% a year interest on life insurance premiums! It was not life insurance as such that appealed to Pohlad, apparently,…
Read MoreRetirement Income Journal
Retirement Income Journal linkedin.com/posts/kerry-pechter-1b05705_the-bermuda-triangles-1980s-roots-retirement-activity-7213634370916487168-h5bZ/ 2022 0603 – Retirement Income Journal – NAIC Reassures Congress on Private Equity-Led Insurers, By Kerry Pechter — [BonkNote] — [link]
Read MoreNewspaperarchive
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…
Read MoreSchiff’s Insurance Observer
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…
Read More2000s – Newspapers
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…
Read More2010 0910 – WSJ – ‘Systemic Risk’ Stonewall: Some bailout questions the Fed still hasn’t answered
2010 0910 – WSJ – ‘Systemic Risk’ Stonewall: Some Bailout Questions the Fed Still Hasn’t Answered 2010 0910 – WSJ – ‘Systemic Risk’ Stonewall: Some bailout questions the Fed still hasn’t answered — [BonkNote] — [link] [Bonk: Who authored this article?] What could the New York Fed be hiding? For one thing, a clear explanation of…
Read MorePulitzer
Pulitzer Prize 2005 – pulitzer.org/finalists/diana-b-henriques Finalist: Diana B. Henriques of The New York Times For her revelations that thousands of vulnerable American soldiers were exploited by some insurance companies, investment firms and lenders. 2011 – .pulitzer.org/finalists/david-evans Finalist: David Evans of Bloomberg News For his revelations of how life insurance companies retained death benefits owed to…
Read More