Gerald Ford Gerald Ford (R-MI) 1949-1973 – US House 1973-1974 – Vice President of the United States 1974-1977 – President of the United States (38th) 1973 1128 – Speech – Gerald Ford, Vice President – First Annual Convention of the American Life Insurance Association [ALIA] – 33p   Presidential Management Initiatives JSTOR https://www.jstor.org › stable by…

Read More

MLM – Multi-Level Marketing Pyramid Scheme FTC – Business Opportunity Rule – [link] 2022 0310 – FTC – Proposed – Deceptive or Unfair Earnings Claims, Federal Trade Commission PHP – People Helping People   Primerica A.L. Williams American Can Company PFS CitiGroup WFG – World Financial Group Warren Buffett – Pampered Chef is based on selling to…

Read More

Lies Games, Gimmicks and Tricks Most insurance experts acknowledge that the actuaries who put together policy illustrations are taking some liberties. “One thing I’ve learned over the past couple of years is that one actuary’s truth is another’s pack of lies,” said Judy A. Faucett, a principal at Coopers & Lybrand and head of the task…

Read More

P1P2 – Social Media Indexed Universal Life (IUL) Life Insurance Policies  These policies put a portion of the policyholder’s premium payments toward annual renewable term life insurance, with the remainder added to the cash value of the policy after fees are deducted.  phpagency.com/indexed-universal-life-insurance/ WFG / Transamerica – Official Company Media 2020 0604 – RMCornejo WFG -…

Read More

FSRA – Financial Services Regulatory of Ontario fsrao.ca/ fka – FSCO fsrao.ca/borrowing-purchase-life-insurance-products-risks-and-suitability FSRA – Unfair or Deceptive Acts or Practices (UDAP) – [link] Consultation – [link] 2023 1121 – FSRA – Proposed guidance on Life Insurance Agent & MGA Licensing Suitability  —  [BonkNote]  —  [link]  —  34p 2024 0209 – FSRA – [2023-015] – Comments – Consultation for Proposed…

Read More

Academy Life Insurance Company insurance.mo.gov/CompanyAgentSearch/CompanySearch/compSearchDetails.php?id=124762 Effective Date: 07/01/2006 Comments: Academy Life Insurance Company merged with and into Life Investors Insurance Company of America. insurance.mo.gov/CompanyAgentSearch/CompanySearch/compSearchDetails.php?id=126410 Effective Date: 10/01/2008 Comments: Life Investors Insurance Company of America merged with and into Transamerica Life Insurance Company 1957 – ia803409.us.archive.org/25/items/sim_army-times_1957-10-19_18_11/sim_army-times_1957-10-19_18_11.pdf 1977 – LC – Johanna Kipperman v. Academy Life Insurance Company, 554 F.2d…

Read More

1907 – Book – The Story of Life Insurance, by Burton J. Hendrick 1907 – Book – The Story of Life Insurance, by Burton J. Hendrick – [PDF-333p-GooglePlay] 1907 – Book – The Story of Life Insurance, by Burton J. Hendrick – 307p 1906 – McClure’s Magazine publishes an examination of “The Story of Life Insurance” in…

Read More

Lapse Rate Lapse Military 1871-1, NAIC Proceedings, (fka National Insurance Convention)  —  [BonkNote]  —  233p (p175) – Letter – From E. W. Peet, Secretary of the National Life Insurance Company of the United States To the Committee of the National Insurance Convention, having in charge the rate of mortality and rate of interest for the calculation of…

Read More

1968 – FTC – National Consumer Protection Hearings – Federal Trade Commission 1968 11 – FTC – National Consumer Protection Hearings, Federal Trade Commission  —  [BonkNote]  —  [PDF-398p – GooglePlay] (p11) – SBA – Statement of Howard Samuels, Administrator, Small Business Administration The tremendous cost of insurance that is brought about by the facts that…

Read More

Jerry Keating Jerry Keating, Agent – John Hancock 1993 0525 – GOV (Senate) – When Will Policyholders Be Given The Truth About Life Insurance?, Howard Metzenbaum (D-OH)  —  [BonkNote] 1994 0206 – Newsweek – Here They Go Again, by Jane Bryant Quinn – [link] This statement is only the tip of the problem. There are hundred…

Read More