Regulatory
1970s – NAIC – Insurance Commissioners – Snippets
1970s – NAIC – Insurance Regulators – Snippets (p1501) – John Durkin, New Hampshire Insurance Commissioner: As a starting point, there is little regulation of the life insurance industry by the States. The States do little with respect to life insurance regulations for many reasons, mainly because there are very few problems with complaints over…
Read MoreUnsafe and Unsound
Unsafe and Unsound The Crisis arose because the Government extended a 100% Guarantee on most Thrift Deposits without taking commensurate measures to prevent unsound banking practices likely to lead to losses. 1990 – AP – The Savings-and-Loan Crisis Causes and Remedies, by Dalton Leonard Anderson – 203p
Read MoreProduct Regulation
Product Regulation 2001 – SOA- Insurance Product Regulation—A World Tour, part 1 of a four-part series on insurance product regulations around the world, by Yiji S. Starr – 5p
Read MoreStates – Regulators
States – Regulators
Read MoreInsurance Regulation – Purpose
Insurance Regulation – Purpose Policyholder Protection Solvency of Companies PRELIMINARY COMMENT: The principal goal of insurance regulation has always been to prevent insurer insolvencies. It is pursued in various ways. 1969 0821- Wisconsin – 1969 Senate Bill 525 – Chapter 646 – Insurance Security Fund
Read MoreInsurance Regulation – Walker vs. LSW
Walker v LSW – Insurance Regulation 2011 – LC – Walker v LSW – 2:10-cv-09198 – Document 104 – Filed 09/29/11 re: California Insurance Commission – Complaints Mr. Shapiro: Yes, your honor. And on this one I think I do need to clarify. There’s a fairly rigid process with the department of insurance here in…
Read MoreSafety and Soundness
Safety and Soundness Safety and Soundness v. Consumer Protection Twin Peaks (p3) – Barney Frank (D-MA) – I was told by one of the regulators, well, we can do regulation of consumer protections under our power to enforce safety and soundness on the banks, the argument being that a bank that does not treat consumers…
Read MoreCRVM – Commissioners Reserve Valuation Method
CRVM – Commissioners Reserve Valuation Method 1979 – SOA – Adjustable Life Expense Allowances Under The Commissioners Reserve Valuation Method, Society of Actuaries – 36p 1984-1, NAIC Proceedings, Reserves Examples 1994 – SOA – Valuation Actuary Symposium Proceedings – Sessions 8 – Life and Deferred Annuity Life and Deferred Annuity Liability Models, Society of Actuaries – 32p 1994…
Read MoreBest Practices
Best Practices 2004 – NAIC – Best Practices Organizations White Paper – 50p
Read MoreMarket Analysis
Market Analysis NAIC – A Reinforced Commitment: Insurance Regulatory Modernization Action Plan 2006 (updated) – NAIC – A Reinforced Commitment: Insurance Regulatory Modernization Action Plan – 20p 2003 1105 – GOV (House) – Reforming Insurance Regulation: Making the Marketplace More Competitive for Consumers, Richard H. Baker (R-LA) [PDF-200p, VIDEO-?] NAIC – Mike Pickens (AL – Insurance…
Read More