State vs Federal Regulation McCarran-Ferguson Optional Federal Charter Now, consumers don’t care who regulates insurance. We really don’t care if it is Federal or State. But we do care if it is any good, and it isn’t good today. —  Statement of J. Robert Hunter, Director of Insurance, Consumer Federation of America 2007 1030 -…

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New Hampshire John Durkin – (D-NH)  1968-1973 – New Hampshire Insurance Commissoner  1975-1980 – US Senator 1973 / 1974 – GOV (Senate) – The Life Insurance Industry, Senator Philip Hart (D-MI) – 4 Parts  —  [BonkNote] John Sununu – (R-NH) 1997-2003 – US House (January 3, 1997 – January 3, 2003) 2003-2009 – US Senate…

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Pennsylvania Joel Ario Former Pennsylvania Insurance Commissioner and Former Oregon Insurance Administrator Herbert Denenberg 1971- ? – Pennsylvania Insurance Commissioner Paul Kanjorski (D-PA) 1985-2011 – US House Member J. Alan Lauer Deputy Insurance Commissioner (PA), Actuary 1983-1, NAIC Proceedings As you know, revolutionary changes are taking place in the life insurance business. To a large extent,…

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Vermont James Hunt 1965-1968 – Insurance Commissioner – 6/1/1965 12/1/1968 3 6 CFA – Consumer Federation of American Patrick Leahy (D-VT) 1975-2023 – US Senator 2005 0209 – GOV (Senate) – Senate Session Class Actions, KB Toys (Deceptive Pricing Practices – 05:28:00 – Hatch), Coca Cola (Apple Juice – 05:29:00) congress.gov/crec/2005/02/09/CREC-2005-02-09-senate.pdf [VIDEO-CSPAN]

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Utah Jake Garn – (R-UT) 1974-1993 – US Senator   Orrin Hatch – (R-UT) 1977-2019 – US Senator  Frank Moss – (D-UT) 1959-1977 – US Senator Tomasz Serbinowski Utah Insurance Commissioner – Actuary 2019 0528 – IULSG – IUL Illustration Subgroup – (A) – NAIC [Bonk: Not in NAIC Proceedings] Scott Harris – We really take…

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North Dakota Byron Dorgan – (D-ND) 1992-2011 – US Senate 1981-1992 – US House  Thomas Foley Insurance Commissioner -? ?-1998-? – – North Dakota  ?-2000-? – – Kansas – Life and Health Actuary  Robert Dineen Award Adam Hamm 2007-2016 – Insurance Commissioner  NORTH DAKOTA—Elected; 4-Year Term Commissioner of Insurance Jon Godfread 1/3/2017 incumbent Commissioner of…

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Ohio 6th Circuit Court of Appeals Richard Cordray  2009-2011 – Ohio Attorney General – January 8, 2009 – January 10, 2011 2012-2017 – CFPB – 1st Director of the Consumer Financial Protection Bureau – January 4, 2012 – November 24, 2017 Joyce Marie Beatty – (D-OH) 2013-Current (as of 2023) – US House H.R. 5059,…

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Illinois Equity Funding Corporation of America idoi.illinois.gov/aboutus/former-directors.html Mike Christman (sp) Larry Gorski – Illinois Insurance Department – Actuary Michael T. McRaith 2005-2011 – Illinois Insurance Commissioner – 3/21/2005 – 6/1/2011 FIO Director John Washburn 1983-1989 – Illinois Insurance Commissioner – 11/1/1983 – 9/1/1989 1991 0227, 0507, 0509 and 0523 – GOV (House) – Insurance Company…

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Nebraska We are seeing a real crisis in confidence: That, in my mind, is probably the worst thing that could happen.    There is not a company in the country that can stand runs that Commissioner Weaver was talking about, where people ask for $1 billion in policy loans and surrenders in a 2-week period.  (p13)…

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Iowa 1999 / 2003 – LC – VOS v Farm Bureau and FBL 1999 – District Court 2003 – Iowa Supreme Court – [Google-Scholar-link] Vanishing Premium, Reasonable Expectations, Class Action Denied Dan Andersen director of the Life and Health Insurance Division, chief actuary of the Iowa Insurance Department and chairman of the Cost Disclosure Task Force of…

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