Social Media – Topics
Bad Faith
Bad Faith 1985 – LR – Establishing the Tort of Bad Faith in Wyoming, by JT Dyre – 21p The past three decades have witnessed the development, in a number of jurisdictions, of what is termed the new tort of bad faith breach of contract.1 This new tort developed initially with regard to disputes between…
Read MoreFerguson v. Crown Life / Casteel – 91-11537
Ferguson v. Crown Life / Casteel – 91-11537 Crown Life v. Casteel – 98-0218 Case No. D-1-GN-91-011537 Two weeks ago in the National Underwriter, there was a report of the working group’s meeting in Philadelphia, and on the same page was a writeup about an agent who had won a very large amount of money from…
Read MorePrincipal – Agent
Principal – Agent Crown Life v Casteel 2023 – FSRA – Consultation www2.imms.com/members/3rdparty/AmerCol/legalbook/chap16c.htm [Principal-Agent] The rule in this Commonwealth has long been that “where limitations on the soliciting agent’s authority are contained in the application, the insured is bound to take notice thereof and he cannot hold the company bound for acts of the agent…
Read More1989 0501 – National Press Club – Where Was the Press During the S&L Crisis? – CSPAN
1989 0501 – National Press Club – Where Was the Press During the S&L Crisis? 1989 0501 – National Press Club – Where Was the Press During the S&L Crisis? — [BonkNote] — [VIDEO-CSPAN] x- 00:24:00+ (00:18) – Carl P. Leubsdorf – Leubsdorf – x – 00:31:06.734-00:34:46.388 () – Paulette Thomas, Wall Street Journal Sprawling…
Read MoreCan’t Say – Examples
Can’t Say – Examples A major problem that must be overcome with such monitoring systems is that of avoiding the self-fulfilling prophecy. A monitoring system that identifies high-risk behavior can actually trigger the bad luck required to actually send a company under. For instance, a system that identifies a life insurer as having high potential…
Read MoreSierra Life Insurance Company
Sierra Life Insurance Company 1976 0822 – Times-New (Twin Falls, Idaho) – Sierra Head Involved in Jewel Deal, by Bill Lazarus – archive.org/details/The_Times_News_Idaho_Newspaper_1976_08_22 1978 0122 – Time-News (Twin Falls, Idaho) – Actuary Challenges Growth Claim, by Bonnie Baird Jones – p1 – 70p 1978 0406 – NYT – $1.9 Million Payment Ordered in Libel Case -…
Read MoreLibel
Libel 1978 0406 – NYT – $1.9 Million Payment Ordered in Libel Case, Sierra Life Insurance Co. – [link] A judge has ordered The Twin Falls Times News to pay $1.9 million in libel damages after it refused to disclose its sources for articles that an insurance company said ruined its business.
Read MoreDefective
Defective Defective – Lapse Prone – Walker v LSW Crown Life – D012 – defects 1994 0219 – Greensboro – Be Alert for Defects in Cash-Value Insurance, by Jane Bryant Quinn – [link] Crown Life, Jerry Keating, John Hancock
Read MoreElements
Elements In my experience very smart people don’t really know what all the components mean. I mean I feel like it does lead to confusion. So, I think if you can refer to the eventual illustration and just show the cash value. — Teresa Winer (GA) 2019 0917, NAIC – LIIIWG – Life Insurance Illustrations Working Group,…
Read MoreJohn Durkin
John Durkin John Durkin – (D-NH) 1968-1973 – New Hampshire Insurance Commissoner 1973 / 1974 – GOV (Senate) – The Life Insurance Industry, Philip Hart (D-MI) – 4 Parts — [BonkNote-Overview] 1973 0221 and 0222 – GOV (Senate) – The Life Insurance Industry – Philip Hart (D-MI) — [BonkNote-Part 2 of 4] — [PDF-733p-GooglePlay] 1975-1980…
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