People

David Hippen When universal life was first popularized about 20 years ago, there was considerable controversy with regard to nonforfeiture compliance. Was it term plus a side fund? Whole life with flexible premiums? Or something entirely different? 2001 – SOA – Universal Life, No-Lapse, and the Law vs. Free Markets, Society of Actuaries, by David…

Douglas Doll 1994 05 – SOA – Factuaries: Douglas Doll, The Actuary, Society of Actuaries – 2p 1994 – Life insurance consultant at Tillinghast/Towers Perrin With this product, the mechanic is “unbundled” and open. But events that are now observable may be misinterpreted. [Bonk: “this product” = Universal Life] —  Douglas Doll  1988-2, NAIC Proceedings…

John Oxendine 1995-2011 – Georgia Insurance Commissioner Military Sales Working Group – NAIC 2005 1117 – GOV (Senate) – A Review of the GAO Report on the Sale of Financial Products to Military Personnel, Richard Shelby (R-AL) 2024 0322 – justice.gov – Former Georgia Insurance Commissioner John Oxendine Pleads Guilty in Health Care Fraud Scheme…

Bob Corker Bob Corker (R-TN) 2007-2019 – US Senate 2015-2019 – Chair of the Senate Foreign Relations Committee  (p33) – Bob Corker (R-TN) – You know, there are very few complaints. I mean, life insurance is not what drives complaints at your State Insurance Commissioner’s officer, really, is it? It is just a small percentage, is it…

Jim Bunning Jim Bunning (R-KY) 1987-1999 – US House  1999-2010 – US Senate  (p6) – Jim Bunning (R-KY) – I do not know anyone who read The New York Times’ investigation of sales of financial products to the military personnel who was not at the very least appalled and concerned about the practices.