Comments About - Companies

  • Bob Wright (Virginia) said the Society of Actuaries report referred to the fact that companies said they had no control over what agents did.
  • Bob Wright (Virginia) - Chair of the LDWG - Life Disclosure Working Group - (A) - NAIC  ---  [BonkNote] 

1994-4, NAIC Proceedings

⇒  1991-1992 - SOA - Final Report* of the Task Force for Research on Life Insurance Sales Illustrations, Society of Actuaries  ---  [BonkNote]  ---  142p

  • I would like to comment on one thing.
  • There were huge life insurance market conduct violations with billions of dollars paid by MET Life, Prudential and others a few years ago.
    • I do not think there were any criminal charges brought in any of that.

--  J. Robert Hunter, Insurance Director, CFA - Consumer Federation of America 

2006 0620 - GOV (Senate) - The McCarran-Ferguson Act: Implications of Repealing the Insurers' Antitrust Exemption, Arlen Specter (D/R/D-PA) - [PDF-160p, VIDEO-<Bad Link>-judiciary.senate.gov/committee-activity/hearings/the-mccarran-ferguson-act-implications-of-repealing-the-insurers-antitrust-exemption