Snippets – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ# A Academic – Snippets ACLI – American Council of Life Insurers – Snippets Actuarial – Snippets Agents – Snippets AIG – FRB – Federal Reserve Board ASB – Actuarial Standards Board – Snippets Back to top B BINDERS Back to top C Congress – Snippets Congress – Snippets – 2009 CRS…

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AIG – FRB – Federal Reserve Board 2008 0902 – FCIC – FRB (Danielle Vicente) – AIG Liquidity and Access to the PDCF – 4p Liability runs: not just a banking problem AIG is an active securities lender; the firm takes a large portion of its securities and lends them to institutions and investors who…

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2010 0610 – COP – Report – The AIG Rescue, Its Impact on Markets, and the Government’s Exit Strategy, June Oversight Report, Congressional Oversight Panel  2010 0610 – COP – Report – The AIG Rescue, Its Impact on Markets, and the Government’s Exit Strategy, June Oversight Report, Congressional Oversight Panel  —  [BonkNote]  —  [PDF-337p] (p152)…

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FSOC – Prudential – Determination and Dissents – Snippets 2013 0919 – FSOC/Prudential – Basis for the Financial Stability Oversight Council’s Final Determination Regarding Prudential Financial, Inc. – 12p Pages 1/2 (p1) – ….section 113 of the Dodd-Frank Act and the Council’s interpretive guidance regarding nonbank financial company determinations (Interpretive Guidance),1 —–  the Council has voted…

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1990s – Government Hearings – Snippets 1993 0525 – GOV (Senate) – When Will Policyholders Be Given The Truth About Life Insurance? We are seeing a real crisis in confidence:    – That, in my mind, is probably the worst thing that could happen.    – There is not a company in the country that can stand…

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1970s – Government Hearings – Snippets Ernest J Moorhead (Jack). Second, belonging in the area of the actuary, there are questions about the reliability of dividend illustrations. By reliability I am not referring to whether those dividend illustrations will be met in practice. Senator Richard (Dick) Stone (FL-D).  Or whether they are on projections with…

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1990s – Agent – Snippets (p117) – If the life insurance industry were serious about offering competitively priced policies to consumers, it would ask itself why total life insurance premium receipts of all U.S. companies in 1990 is less than the sum of new premium purchases over the last 9 years. Why does it appear…

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Legal Cases – Snippets Carriers marketed interest rate-sensitive insurance under a host of premium payment options, including the `vanishing premium’ plan. 2009 –  LC – Kaldenbach v. Mutual of Omaha – Court of Appeals of California, Fourth District, Division Three. 78 Cal.App.4th 830 (2009) 100 Cal.Rptr.3d 637 – Google Scholar-Kaldenbach-2009 Reasonable Consumers Reasonable consumers acting…

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1985 – FTC – Report – Life Insurance Products and Consumer Information 1985 11 – FTC – Report – Life Insurance Products And Consumer Information, by Michael P. Lynch and Robert J. Mackay, Staff Report Bureau of Economics, Federal Trade Commission  —  [BonkNote]  —  [PDF-317p]  (p36) – See, for example, the statement of John Filer, then…

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Old – Snippets Give the life insurance theorist a chance —he may stumble on a good thing that will be as much of a surprise to him as the outside world. (p313) —  A.B. Kellogg 1906 – Moodys Magazine, Vol 2  If life insurance truths have not been widely disseminated and assimilated, life insurance untruths have.  (p29)…

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