Social Media – Topics
2008 Financial Crisis – Failure to Communicate / Make Connections
2008 Financial Crisis – Failure to Communicate / Make Connections (p35-36) – Paul Kanjorski (D-PA) – [To Hank Paulson] – I daresay for criticism, I think both yourself and Chairman Bernanke and the new Secretary of Treasury have failed to inform adequately the American people as to what meltdown meant. I remember those vital days…
Read More2008 0710 – GOV (House) – Systemic Risk and the Financial Markets – Barney Frank (D-MA)
2008 0710 – GOV (House) – Systemic Risk and the Financial Markets, Barney Frank (D-MA) 2008 0710 – GOV (House) – Systemic Risk and the Financial Markets, (CSPAN) Transformation of Financial Markets, Barney Frank (D-MA) — [BonkNote] Paulson, Bernanke 1:15:00 – Ed Royce (R-CA) – Runs 1:17:30 – Paulson – need resolutions authority like FDIC House…
Read MoreAlan Richards
Alan Richards EF Hutton Life Insurance Company of California 1983 0510, 0511 and 0728 – GOV (House) – Tax Treatment of Life Insurance, Pete Stark (D-CA) — [BonkNote] (p11) – Alan Richards: Maybe I can make a very brief comment here. There may be some misunderstanding as to the intent of the SEC-sponsored legislation on front-end loads.…
Read MoreLife Insurance and Mutual Funds
Life Insurance and Mutual Funds One company that I know of has now become very successful in selling a package of mutual funds and permanent life insurance. It is a life paidup-at-65 contract. — C. David Silletto 1967 – SOA – New-Company Problems, Society of Actuaries – 38p 1976 – LR – Marketing Mutual Funds and Individual…
Read MoreSpecialty Policies
Specialty Policies 1953 – SOA – Agency Problems–Resulting From Special Policies, Society of Actuaries – 3p 1963 – LR – Regulation of Speciality Policies in Life Insurance, by Spencer L. Kimball and Jon S. Hanson, 62 Michigan Law Review 167 – 93p 1979 0710 – NP – St. Cloud Times from Saint Cloud, Minnesota on July 10, 1979 …http://sctimes.newspapers.com…
Read More1994 0528 and 0929 – GOV (House) – Deceptive Practices in the Sale of Life Insurance – Cardiss Collins (D-IL)
1994 0528 and 0929 – GOV (House) – Deceptive Practices in the Sale of Life Insurance, Cardiss Collins (D-IL) 1994 0528 and 0929 – GOV (House) – Deceptive Practices in the Sale of Life Insurance, Cardiss Collins (D-IL) — [BonkNote] [PDF-69p-GooglePlay, VIDEO-?] ->Not on govinfo.gov J. Robert Hunter as Texas Insurance Commissioner – Written Statement…
Read MoreUniversal Life – NAIC
Universal Life – NAIC 1980’s – Task Force on Life Insurance Disclosure System – LIDS – NAIC ? – 1982 – ? – NAIC Proc. – Funded Plans of Life Insurance (Universal Life) and Annuities – NAIC Universal Life and Related Plans of Life Insurance and Annuities – NAIC 1982-1989 – Life Cost Disclosure Task Force…
Read MoreQ: How are Life Insurance Policies Sold?
Q: How are Life Insurance Policies Sold? Q: Are Life Insurance Policies Being Sold For a Death Benefit or an Investment Vehicle? LIRP/ SLIRP – Life Insurance Retirement Plan Walker v LSW Target Premium, etc. IUL – NAIC Group
Read MoreBanks and Life Insurance – Similar Products / Activities
Banks and Life Insurance – Similar Products / Activities Cash value life insurance can operate as an investment vehicle that combines life insurance protection with a financial instrument that operates similarly to bank certificates of deposit and mutual fund investments. 2010 – Senate / CRS – Tax Expenditures: Compendium of Background Material on Individual Provisions…
Read MoreSystemic Risk – Life Insurance
Systemic Risk – Life Insurance Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. 2003 – IMF – Insurance and Issues in Financial Soundness. IMF working paper 03/138. Das U, Davies N, Podpiera R – 44p (p3) – Third, as noted repeatedly by EIOPA, the ESRB and market analysts, scenarios involving multiple…
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