Solvency – [BonkNote]

GSLIC – Guarantee Security Life Insurance Company 2016 – The Australian Actuarial Journal – “Someone Else’s Problem” – The Failure of the Guarantee Security Life Insurance Company, by S. Ferris – (p1-64) – 113p The receiver estimated that GSL’s policy liabilities amounted to $620 million – but unfortunately the company’s assets were worth only $230…

AIG – Seven – Insolvent Insurance Companies 2009 0807 – NYT – A.I.G. Posts Its First Quarterly Profit Since 2007, By Mary Williams Walsh – [link] 2010 0318 – GOV (House) – Insurance Holding Company Supervision, Paul Kanjorski (D-PA) — [BonkNote] — [PDF-183p, VIDEO-?] (p19) – Ed ROYCE (R-CA) – There is a lot of blame to…

SBLIC – Security Benefit Life Insurance Company securitybenefit.com/about-us/our-company Everly Holdings, LLC, a Delaware limited liability company oci.wi.gov/Documents/Companies/FinAcquisitionSettlersTransmittalLetter.pdf 1991 0603 – The Tampa Tribune – Riding the Waves of Insurance Woes – 03 Jun 1991, Mon The Tampa Tribune (Tampa, Florida) Newspapers.com 1992 0428 and 0505 – GOV (Senate) – Insurance Guaranty Funds and the Involuntary…

Pre-funded Guaranty Fund NP – NYT-? – Mutual Benefit – Industry thinking about prefunded Fund. 1995-1, NAIC Proceedings Commissioner Robert Wilcox (Utah) agreed and suggested that there be a charge to the appropriate committee for the NAIC to study and consider a pre-funded guaranty fund and whether an interstate compact would be an appropriate mechanism…

Pacific Lumber Executive Life Insurance Maxxam 1991 0227, 0507, 0509 and 0523 – GOV (House) – Insurance Company Solvency, (CSPAN) Insurance Company Insolvencies, Cardiss Collins (D-IL) — [BonkNote] 1991 0502 – GOV (House) – Oversight Hearing on the Effect of Proposals to Reform Federal Deposit Insurance on Pension Funds, Pat Williams (D-MT) – [PDF-225p-GooglePlay, VIDEO-?] – LC -…

New South Life Insurance Company 1977 0525 – The Washington Post – How an Insolvent Firm Keeps Selling Insurance, By John F. Berry – [link] 1983 06 – SOA – Editorial – The Actuary – The New South Life Case, EJM (Ernest J Moorhead (Jack), Society of Actuaries – 2p 1983 10 – SOA – The Actuary…

Executive Life ELIC – Executive Life – California ELNY – Executive Life of New York Executive Life – Illinois 1994 – SOA – Rehabilitation Fallout, Society of Actuaries – 20p — Robert Ewald, not a member of the Society, is Executive Director of Illinois Life and Health Guaranty in Chicago, Illinois. In the Executive Life…

Aggregation Method ICS – Insurance Capital Standards – IAIS Date? – NAIC – NAIC’s Interpretive Guidance on ICS Comparability Assessment Framework – 3p Group Capital Calculation (E) Working Group – CIPR NAIC – Group Capital Calculation – [link] U.S. state insurance regulators have adopted a group capital calculation (GCC) for use in solvency monitoring activities. (p3) – The Aggregation Method…

Confederation Life 1994 0813 – NYT – Regulators Seize Large Canadian Insurer, By Kenneth N. Gilpin – [link] 1996 – Book – Who Killed Confederation Life? – The Inside Story, by Rod McQueen Book Review by Conrad M. Siegel – 10p-actuaries.org/IACA/Colloquia/CapeTown/Vol_1/Rod_McQueen.pdf 2001 – LC – Canada (Attorney General) v. Confederation Life Insurance Co. (2001), (2001] O.T.C.…

Penn Treaty penntreaty.com/ nolhga.com/companies/public/main.cfm/NAICCode/63282/GAID/5 Penn Treaty Network America Insurance Company (Penn Treaty), headquartered in Allentown, Pennsylvania, and its subsidiary, American Network Insurance Company (ANIC), were placed into rehabilitation by the Pennsylvania insurance commissioner on January 6, 2009. iair.org/assets/InsuranceReceiver/iairreceiver_summer2019.pdf. 2022 – LC – Penn Treaty – Brief of Amicus Curiae – National Association of Insurance Commissioners…