Insurance Regulators - Companies are Okay
- 1980s
- Baldwin United
- 1990s
- Executive Life
- 2000s
- AIG
- Executive Life Insurance Company
- 1990 1207 - Los Angeles Times - N.J. Seeks Deposit From First Executive : Insurance: The ailing firm must make a $500-million payment or lose its right to sell policies there, the state says., BY Scot J. Paltrow - [link]
- But insurance regulators in California, New York and other states have said First Executive’s life insurance units remain sound, with sufficient reserves to meet potential claims. The units are closely monitored by state regulators and are required to maintain large reserves, so that if the parent company were to fail, the insurance units would remain viable.
- 1990 1207 - Los Angeles Times - N.J. Seeks Deposit From First Executive : Insurance: The ailing firm must make a $500-million payment or lose its right to sell policies there, the state says., BY Scot J. Paltrow - [link]
- (p116) - Orin Kramer (KramerAssociates, Information Institute) - In December 1990, just 4 months before Executive Life failed, NAIC issued a statement that Executive Life was and I quote, " in no imminent financial danger.”
⇒ <NAIC - WishList> - NAIC issued a statement that Executive Life was and I quote, " in no imminent financial danger.”