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1907 – Book – The Story of Life Insurance, by Burton J. Hendrick
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 MoreConsumer Outcomes
Consumer Outcomes bonknote.com/2022-0908-gov-senate-current-issues-in-insurance-sandbox/ Legal Cases Complaints 2016 0901 – WSJ – Life Insurance Customers Push Back Over Surprise Cost Increases: Policyholders are filing suit, as big U.S. life insurers blame the Federal Reserve’s decision to keep interest rates lower for longer, by Leslie Scism – [link-Gift] 2016 0813 – NYT – Why Some Life Insurance Premiums…
Read MoreLapse Rate
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 More1968 – FTC – National Consumer Protection Hearings – Federal Trade Commission
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 MoreJerry Keating
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 MorePyramid
Pyramid Eric Dinallo – re: AIG, 2008 Life180 Pyramid Life Insurance Company Pyramid Scheme MLM – Multi-Level Marketing B. Marketing and Operations 1. Direct Marketing a. Mail , b. Telephone c. Fax d. Seminars ‘ e. Television and Radio f. Computer 2. Agents – Licensed and Unlicensed 3. Brokers 4. Managing General Agents (MGA) 5.…
Read MoreSummit Fidelity and Surety Company
Summit Fidelity and Surety Company archives.gov/files/research/jfk/releases/docid-32329636.pdf – 56p “Allen Blank” “reserve” “insurance” “summit” “hoffa” Dorfman, Bray, Milwaukee Phil Alderisio – wikipedia.org/wiki/Felix_Alderisio He was underboss to Sam Giancana during the 1960s, and boss from 1967 to his imprisonment in 1969. By the end of the decade, Alderisio was working under Jake “Greasy Thumb” Guzik, the Outfit’s financial expert, as a bagman…
Read More1997 1030 – GOV (Senate) – Class Action Lawsuits: Examining Victim Compensation and Attorneys’ Fees – Charles Grassley (R-IA)
1997 1030 – GOV (Senate) – Class Action Lawsuits: Examining Victim Compensation and Attorneys’ Fees, Charles Grassley (R-IA) 1997 1030 – GOV (Senate) – Class Action Lawsuits: Examining Victim Compensation and Attorneys’ Fees, Charles Grassley (R-IA) — [BonkNote] [PDF-97p-GooglePlay] Senate – Committee On The Judiciary – Subcommittee On Administrative Oversight And The Courts (p59) -…
Read MorePonzi
Ponzi Ponzi scheme Charles Ponzi 1979 – GOV (Senate – PSI – Report) – Labor Union Insurance Activities of Joseph Hauser and His Associates – 215p Report of the Committee on Governmental Affairs United States Senate Made by its Permanent Subcommittee on Investigations Together with Additional and Dissenting Views (p3) – In this respect, the Hauser…
Read MoreDirect Selling
Direct Selling DSA – Direct Selling Association DSEF – Direct Selling Education Foundation DSSRC – Direct Selling Self-Regulatory Council MLM – Multi-Level Marketing Anti-MLM-Multi-Level Marketing Pyramid Scheme 1985 – AP – Organizational Deviance in the Direct Selling Industry: A Case Study of the Amway Corporation, by Carol Lynn Juth-Gavasso – 331p (p52) – In addition, many…
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