System – [BonkNote]

Q: How Does This Whole System Work? We believe it is very important for the subcommittee, and other committees in Congress with jurisdiction over insurance, to have a sound understanding of how our industry operates… (p26) — Statement of Gary E. Hughes, Executive Vice President & General Counsel, American Council of Life Insurers (ACLI) 2011…

States and Territories States – Index CSG – Council of State Governments NCOIL – National Conference of Insurance Legislators NCSL – National Conference of State Legislatures REGULATION FROM A LEGISLATOR’S PERSPECTIVE I hope to give you some insight into state government regulation and the way we feel about the life insurance industry. As a state…

Consumerism I am not convinced that the consumer advocates,–David Swankin excepted– really know or speak for what the average consumer wants. I fear that in the dialogue between regulators, business and consumerists, what the general public really wants may be overlooked. — William M. White, Connecticut General – Director of Government Regulations 1980 – SOA -…

Marketing …a great deal of our problem is caused because the people out there marketing our life insurance products are trying to market it against and like mutual funds. Until we start to market it as life insurance and describe it and teach the consumers about life insurance, they’re not in any position to make…

Lobbying Lobbying is a word which may have negative connotations in some people’s minds. Those people who are not close to the political process sometimes think that if politicians were able to make decisions in an environment free of lobbying, then better decisions could be made. This is a misconception of the political process. Today’s…