Policy – [BonkNote]

Policy Summary – Cover Page – 1 page Missouri – In re: General American Life Insurance Company Sales Practices Litigation. Appellate Case: 03-3517 Page: 1 Date Filed: 12/06/2004 Entry ID: 1841122 – 13p No. 03-3510 – Charles Kenneth Knouse No. 03-3516 – Patricia S. Palashoff One Pennsylvania trial court has stated that, at least in the…

Shock The flexibility of Universal Life that initially appealed to the policyholder which allowed him to change premium payments, coverages, etc., will make this annual report of the condition of his “account” an unanticipated shock. — Dale W. Hotze, is President of Hotze & Associates Inc., Jacksonville, Florida. 1983 – SOA – Universal Life (rsa83v9n32), Society…

Life Insurance Policy Language Simplification Standards Task Force – NAIC Life and Health Insurance Policy Language Simplification Act (#575) 1978 Proc. II 298-302 (adopted)

Policy Transfers “These policy transfers treat policyholders like commodities, trading them like baseball cards,” Mr. Metzenbaum said in a statement. The acquiring companies are often “in such poor financial shape that they couldn’t attract policyholders but had to buy them wholesale, without their consent.” [Senator Howard Metzenbaum (D-OH)] 1994 0328 – NYT – Transfers By…

Informed Policymakers We believe it is very important for the subcommittee, and other committees in Congress with jurisdiction over insurance, to have a sound understanding of how our industry operates… …, I would like to focus my remarks this morning on why the ACLI believes that the new Federal Insurance Office, FIO, is an extremely…

IPAC – Insurance Policy Advisory Committee – FRB federalreserve.gov/aboutthefed/ipac.htm IPAC Collins Amendment Working Group

Q: Would AIG Policyholders Been Fully Protected? 2009 0318 – American International Group’s Impact on the Global Economy: Before, During, and After Federal Intervention – (CSPAN) Federal Aid to AIG Insurance, CEO Testimony – 380p ⇒ Policyholder Protection (p24) – Paul Kanjorski (D-PA): And I know you are here for the National Insurance Commissioners, but could you…

Monetary Policy 1968 0508/0509/0515/0516 – GOV (JEC) – Standards For Guiding Monetary Action. William Proxmire (D-WI) – [PDF-319p] Joint Economic Committee Statement of Orson H. Hart, Vice President and Director of Economic Research, New York Life Insurance Co. – (p171- (p172) – I will offer a few comments later on the relation of fiscal to…

Policy Categories – Blurry ROLAND R. ROSE: Is your particular first-to-die product a universal life or a par whole life design? MICHAEL J. ROSCOE: Depending on who you talk to, it’s an interest-sensitive whole life or a fixed premium universal life, but it’s not a par whole life policy. 1991 – SOA – Product Update -…

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…