Connecticut General Life Insurance Company
- 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 - Effect of Governmental Actions and Consumerism on Product Design and Pricing of the Future, Society of Actuaries - 26p
- MDL-1136 - IN RE: The Connecticut General Life Insurance Company Premium Litigation
- Hupp, Harry L CAC 07/23/1996 10/11/1996 12/22/1997
- In a free competitive environment, it behooves any company to be concerned with what the public wants. If an organization does not over time efficiently serve the public desires, the judgment of the marketplace will cause it to go out of business.
- In a free society, a company should be given the chance to succeed or fail in its own way so long as the people have adequate knowledge to make an informed decision as to whether the product or service in question meets their needs at a price they wish to pay.
- ...
- The industry clearly should be responsive to consumer needs and desires.
- The challenge is to properly identify them.
- I hope Mr. Swankin can assist us in this area.
-- William M. White, Connecticut General - Director of Government Regulations
1980 - SOA - Effect of Governmental Actions and Consumerism on Product Design and Pricing of the Future, Society of Actuaries - 26p