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…

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 1993 0629 – GOV (Senate) – NOLHGA Bails Out a Healthy Insurance Company: Examining the Current System The State Guaranty Fund System Uses to Pay Off Insurance Policyholders, re: Security Benefit Life Insurance Company [PDF-66p-Archive.org, [PDF-73p-GooglePlay] 2023 0328…

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…

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…

First Capital Robert Weingarten, chairman of First Capital Holdings Corp. Fred Buck, President of First Capital Life and has held that position for about eight years, as far back as when it was called E. F. Hutton Life. 1992 – SOA – Companies on the Edge, Society of Actuaries – 20p 1995 – AP -…

Questioning the Solvency of an Insurance Company 1989 0501 – National Press Club / CSPAN – Where Was the Press During the S&L Crisis? – [link] Jim Leach – (House-R-IA: 1977-2007) Bean – Vaughan Dinallo 1991 – GOV – Insurance Insovenc – Baldwin United – Insurance Commissioners 199x – GOV – Executive Life – Siegerman. 199x – GOV…