Connecticut
- https://www.cga.ct.gov/2013/INSdata/Tmy/2013SB-00953-R000226-Gina%20Collopy%20O'Connell,%20Phoenix%20Companies-TMY.PDF
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AN ACT CONCERNING DISCLOSURES FOR UNIVERSAL ...
Connecticut General Assembly (.gov)
https://www.cga.ct.gov › jfr
AN ACT CONCERNING DISCLOSURES FOR UNIVERSAL LIFE INSURANCE POLICIES. Vote Date: 3/14/2013. Vote Action: Joint Favorable. PH Date: 2/26/2013. File No.: ...
- Richard Blumenthal (D-CT)
- 1991-2011 - Attorney General of Connecticut
- 2011-Current (as of 2023) - US Senator
- Chris Dodd (D-CT)
- 1981-2011 - US Senator
- Dodd-Frank Act
- 1975-1981 - US House
- 1981-2011 - US Senator
- Barbara B. Kennelly (D-CT)
- 1982-1999 - US House
- Tom Leonardi
- 2011-2014 - Connecticut Insurance Commissioner
- 2013 1211 - Letter - Tom Leonardi to NAIC etc, re: Corporate Governance - 3p
- “We have met the enemy and he is us!”
- This famous line from the comic strip Pogo aptly describes the current state of governance at the National Association of Insurance Commissioners.
- 2013 1211 - Letter - Tom Leonardi to NAIC etc, re: Corporate Governance - 3p
- 2011-2014 - Connecticut Insurance Commissioner
- Abe Ribicoff (D-CT)
- 1938–1942 - US House
- 1949-1953 - US House
- 1963-1981 - US Senator
- AIG-FP, Greenberg
- Thomas Sullivan
- 2007-2010 - Connecticut Insurance Commissioner
- 2014 0602 - Reuters - Exclusive: Fed hires official to oversee AIG, Prudential - [link]
- Katharine Wade
- 2015-2018 - Connecticut Insurance Commissioner
- 2017 1024 - GOV (House) - The Federal Government’s Role in the Insurance Industry, Sean Duffy (R-WI) --- [BonkNote]
- 2015-2018 - Connecticut Insurance Commissioner
- 2017 1024 - GOV (House) - The Federal Government’s Role in the Insurance Industry - [PDF-140p, VIDEO-YouTube]
- (p13) - Chairman Sean DUFFY (R-WI). And I wanted to look forward to legislative fixes, but before I do that I do want to take a look back. And Mr. Schwarcz had mentioned AIG.
- But maybe I will go to Ms. Wade first.
- When you look at AIG and the insurance aspect of AIG versus the holding aspect of AIG, did the insurance portion of AIG fail that was supervised by the— this—under our State insurance model?
- Or did the holding company with financial products fail?
- Do you know the answer to that?
- But maybe I will go to Ms. Wade first.
- Katharine WADE (Insurance Commissioner - CT). It was the holding company related to the financial products.
- So the Office of Thrift Supervision was the consolidated regulator for—for AIG at the time.
- The States had identified this— the securities lending issues and were winding those down. It was the result of the derivatives, the financial products, that caused a liquidity crisis that resulted in AIG’s challenges during the financial crisis.
- Chairman DUFFY. So just to repeat again, who was the regulator of the holding company of AIG.?
- Ms. WADE. The Office of Thrift Supervision.
- Chairman DUFFY. Now, are they a State insurance regulator?
- Ms. WADE. No, and in fact State insurance regulators were preempted from addressing the issues that caused the—
- Chairman DUFFY. And so the problems were not on the insurance side that was regulated by the State. Is that correct?
- Ms. WADE. Correct.
- (p13) - Chairman Sean DUFFY (R-WI). And I wanted to look forward to legislative fixes, but before I do that I do want to take a look back. And Mr. Schwarcz had mentioned AIG.
- Insurance Commissioners
- Robert R. Googins 1990 1993
- William J. Gilligan - 1993 1994
- George M. Reider, Jr. - 1994 1999
- Susan F. Cogswell - 1999 2007
- Thomas R. Sullivan - 2007 2010
- Barbara C. Spear - 2010 2011
- Thomas Leonardi - 2011 2014
- Anne Melissa Dowling - 2014 2015
- Katharine Wade - 2015 2019
- Andrew Mais - 2019 Present