Government Hearings - 2002

  • 2002 0226 - GOV (House) - Retirement Protection: Fighting Fraud in the Sale of Death
    • [PDF-122p]
    • House - Financial Services Committee - Subcommittee on Oversight and Investigations
  • 2002 05 - GOV (House) - The European Union's Financial Services Action Plan and its Implications for the American Financial Services Industry
  • Insurance Regulation and Competition for the 21st Century
    • PDF-474p, 0604-VIDEO-CSPAN] - <mp3, mp4> - R
    • 1:16 - Steve Barlett - state retribution
    • Optional Federal Charter
    • 1:37 - Michael Phillipus (RIMS) - States rights premium revenue issues and optional federal charter would spur actions by states
    • House - Committee on Financial Services - Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
  • 2002 0718 - GOV (Senate) - Perspectives on Improving Corporate Responsibility and Consumer PROTECTIONS. aka Corporate Responsibility
    • [PDF-66p, VIDEO-CSPAN] - <mp3, mp4> - M
    • Metzenbaum
    • Senate - Commerce, Science,and Transportation Subcommittee on Consumer Affairs, Foreign Commerce & Tourism
  • 2002 0731 - GOV (Senate) - Class Action LItigation - [PDF-178p]
    • p55 - ACLI, Patrick Baird
      • The life insurance industry has experienced over a decade of abusive class actions.
      • In one of the more recent examples of such class action abuses.
      • State courts in New Mexico are certifying nationwide classes of plaintiffs for the manner in which their premiums are disclosed in their policies.
      • These cases are being certified even though State Commissioners of Insurance reviewed and approved these policy disclosures.
      • These class action cases have steadily weakened the very fabric of State regulation of insurance as the State judges' decisions have had national implications for insurers in other states.
      • The result of nationwide regulation through targeted class action litigation has indirectly usurped the role and authority of the State Commissioners of Insurance.
    • Senate - Committee on the Judiciary
  • 2002 1010 - GOV (House) - The Collapse of Executive Life Insurance Co. and Its Impact on Policyholders
    • [PDF-277p, Video?] - R
    • House - Committee on Government Reform