John Oxendine

  • (p28) – John Oxendine, NAIC – Georgia Insurance Commission
    • The problem, of course, is that some agents are not trustworthy.
      • Sometimes they sell unsuitable products.
    • Most soldiers already purchased the affordable SGLI and may not need supplemental life products.
    • These supplemental policies are often sold to soldiers as investments rather than as insurance.
    • While it is true that an insurance policy can be one component of an individual’s investment strategy, the investment portion of the policy is, in some cases, being overemphasized and/or misrepresented.
    • Some soldiers have testified that they did not even realize that they had purchased life insurance. Some also testified they thought they were opening a savings account. 

2005 1117 – GOV (Senate) – A Review of the GAO Report on the Sale of Financial Products to Military Personnel, Richard Shelby (R-AL)  —  [BonkNote]

  • 2019 0923 (aired) – Fox 5 Atlanta – I-Team: Jim Beck’s Staff Closed Criminal Case at Request of John Oxendine – [VIDEO-YouTube-05:43] 
  • 2021 (aired) – Fox 5 Atlanta – I-Team: Judge dismisses ethics charges against John Oxendine – [VIDEO-YouTube-03:30]
  • 2022 0520 (aired) – Fox 5 Atlanta – I-Team: Former insurance commissioner John Oxendine indicted by federal grand jury – [VIDEO-YouTube-04:26]